New York, NY -- (SBWire) -- 06/18/2019 --This report on 4K Ultra-high Definition (UHD) Market offers a detailed analysis of the trends along with the prospective growth of the same in the forecasted period. It evaluates the pricing, demand, growth, revenue, size and gross margin of the industry. For this study, the historical data has been collected from the years 2016 and 2017, taking the year 2018 as the base year and drawing a forecast for the years 2019 to 2026. The industry has seen a stable growth recently and its demand is projected to rise rapidly in the future.
Globally, 4K UHD technology is expected to grow at a compound annual growth rate (CAGR) of 20.5% during the forecast period. Ultra-high definition is the term used for resolutions over HD (1080p). It includes both 4K and 8K screen resolutions. However, the report only includes 4K technology, which has garnered far more acceptance and popularity among end users. 4K UHD has witnessed a significant price drop and increased innovation in terms of screen size. This has led to a significant rise in the demand for 4K UHD televisions.
There is significant demand for higher resolution TVs. Set-top box manufacturers and service providers have also started rolling out 4K set-top boxes and services, which in turn is augmenting the demand for televisions. More content is being developed in 4K UHD technology. Sports events are being live telecasted in 4K quality too. Such developments are leading the surge in demand for 4K UHD TVs. Monitors and projectors are next in terms of market share whereas 4K UHD technology is still in development for phones and VR.
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Major Players in 4K Ultra-high Definition (UHD)y Market are:
Micromax, Microsoft, Onida, Panasonic, Philips, Pimax Samsung, Sanyo, Sceptre, Sharp, Skyworth, Sony, StarVR, TCL, Toshiba, Acer, Videocon, Vizio, Vu Electronics, Westinghouse Electric, LG, AOC/TP Vision, Apple, Asus, Bang & Olufsen, BenQ, Changhong, Dell, Epson, Haier, Hisense, Insignia, JVC, Konka, Lenovo, LeTV, Loewe, Magnavox, Metz and Xiaomi. These companies work with LED, QLED and OLED technology. The only company that works with QLED technology in 4K UHD is Samsung.
Ultra-high definition TV (UHDTV) is the 4K standard for TV and PC screens. UHD-1 is additionally called 2160p as it has a determination of 3840 ? 2160 (16:9, or around a 1.78:1 perspective proportion), which is double the level and vertical determination of 1080p, or three times the even and vertical determination of 720p. The market size of 4K UHD was $43.4 billion in 2016, and is estimated to reach nearly $132.9 billion by 2022. 4K UHD is anticipated to increase at a CAGR of 20.5% during the forecast period of 2017 through 2022.
Several areas where 4K UHD is being used include the television sector, monitors, laptops, phones and 4K recording instruments such as cameras and virtual reality (VR) headsets. Technological advancements such as improved features as compared with the older versions in TVs, narrow spectrum of wavelength simulation and resolution, which enable one to watch anything on a big screen in a compact room without making any changes in the position of the screen. The market has been segmented on the basis of technology, screen size and end use. On the basis of screen size, the market is segmented as follows:under 40 inches, 40-49 inches, 50-55 inches, 60-65 inches and 70 inches plus. Under 40-inch screens include monitor screens, laptops, smartphones, cameras and virtual reality headsets, and 50-55 inches and above include television sets.
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4K Ultra-high Definition (UHD) Market Breakdown by screen size:
- >40 inches
- 40-49 inches
- 50-60 inches
- 60-65 inches
- 70+ inches
4K Ultra-high Definition (UHD) Market Breakdown by screen technology:
- LED
- OLED
- QLED
- others.
4K Ultra-high Definition (UHD) Market Breakdown by end use:
- TVs
- phones
- projectors
- monitors
- VR headsets
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Report Includes:
- 42 data tables and 29 additional tables
- An overview of the global markets for 4K ultra-high definition(UHD) technology
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Insight into the factors influencing market growth, such as drivers, restraints, and opportunities
- Company profiles of major key players in the market, including Microsoft Corp., Panasonic Corp., Philips, Samsung Electronics Co. Ltd, Sony, Toshiba Corp., and Xiaomi Inc.
Key Points From Table of Contents:
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Factors Driving Market Growth
High Demand Across Various Applications
Increasing Disposable Income
Increasing Television Sales
Improved Features
Rising Usage in PCs and Other Mobile Devices
Growing Demand for Larger Screens and Higher Resolution
Increasing 4K Content
Narrow Spectrum of Wavelength and Resolution
Increasing Number of Service Providers
Factors Restraining Market Growth
High Internet Bandwidth
High Cost is a Concern for the Growth of the Market
Need for Format Conversion
Alternative Technologies
High Power Consumption
Opportunities
Continued…..
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4K Ultra-High Definition (UHD) Market Size, Future Growth and Revenue Analysis Report by Industry Top Players to 2023: Microsoft, Panasonic, Philips, Samsung, Sony