Zion Market Research, the market research group announced the analysis report titled "4K Display Resolution Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024".
Sarasota, FL -- (SBWIRE) -- 10/09/2017 -- Global 4K Display Resolution Market: Overview
The 4K display resolution is extensively used in the 4K display monitors for high pixel quality. People enjoy computer or TV display with 4K resolution technology. Changing consumer preferences for high-quality display so that they can enjoy a good quality of video or picture is anticipated to contribute to the global market growth. TV sets act as a media of entertainment and introduction of 4K display resolution plays an important role to enhance the visual experience.
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Global 4K Display Resolution Market: Growth Factors
Demand for 4K display resolution is escalating in the electronics industries, which in turn is expected to boost the 4K display resolution market growth in near future. In addition, people's inclination for high-quality 4K resolution in their monitor is also anticipated to enhance the global market growth. 4K display resolution has reached to territories where television is still considered to be a luxury. Earlier, LEDs and LCDs were prominently used in TV sets but now 4K display resolution is there to enhance the visual experience. This is projected to open up new opportunities for the global 4K display resolution market growth.
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Global 4K Display Resolution Market: Segmentation
The global 4K display resolution market is segmented on the basis of product type as smartphones &tablets, digital cameras, monitors & smart TVs, cameras, projectors, and camcorders. Based on resolution, the global market is categorized as 4096 X 2160, 3840 X 2160, 5120 X 2160, 3996 X 2160, and 5120 X 3200. On the basis of vertical, the global 4K display resolution market is divided as retail & advertisement, business & education, aerospace & defense, media & entertainment, and consumer electronics.
Global 4K Display Resolution Market: Regional Analysis
Geographically, the global 4K display resolution market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is the dominating region for 4K display resolution market owing to favorable growth in the electronics sector. Stable economic growth and higher consumer preferences in the U.S. and Canada are expected to fuel the global market growth in future. Asia Pacific is emerging as a global power for the 4K display resolution market.
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It accounted for the largest market chunk in the global 4K display resolution market. Moreover, Europe may also show a considerable growth in next few years owing to rising disposal income. The Middle East & Africa regions are growing at a faster rate owing to cutthroat competition in the global 4K display resolution market.
Global 4K Display Resolution Market: Competitive Players
Major players in the global 4K display resolution market are Sharp Corporation, LG Electronics, Inc., AU Optronics Corporation, Samsung Electronics Co. Ltd., Red Digital Cinema Camera Company, Sony Corporation, and AJA Video Systems, Inc. Other key players influencing the global market are Planar Systems, Inc., Canon, Inc., EIZO Corporation, and Panasonic Corporation. Many companies opt for new business strategies to enhance their market share. For example, Sony launched Sony Xperia Z5 Premium with a 4K UHD display; this means it can operate with four times pixels as a full-HD display.
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