About 4K Television
4K televisions are the advanced versions of the Full and Ultra HD televisions. They provides excellent display for trending HD entertainment contents. 4 K Television have resolution 1920 x 1080 pixels and also they can display 4096 x 2160 pixel resolution. This additional resolution add more colour and depth to the rendering images which looks much like live. Thus, preference for 4K television has been raised.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market of 4K television is expected to grow with rising demand for household and commercial. Several companies are operating in the market to provide industrial displays of high resolution with unique display features. The market is highly fragmented with the presence of number of market players. They are gaining attention owing to raised demand. They are taking certain strategic initiatives with new entrants to expand their existing portfolio. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Corporation (South Korea), Panasonic Corporation (Japan), LG Display Co., Ltd. (South Korea), Sony Corp. (Japan), Sharp Corporation (Japan), TOSHIBA Electronic Devices, Hisense (China), Vizio (United States), Skyworth (China), AsusTek Corp. (Taiwan), TCL Corp. (China), Xiaomi. (China) and Daiwa (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global 4K Television market by , Application (Commercial, Residential and Industrial) and Region.
On the basis of geography, the market of 4K Television has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Panel Size, the sub-segment i.e. Below 50 Inches will boost the 4K Television market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. LED will boost the 4K Television market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Online will boost the 4K Television market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
More Preference for Excellent Display Quality with Low Power Consumption Leads to the Demand
Market Growth Drivers:
Growing Commercial and Industrial Activities Leads to the Demand for Attractive Displays and Augmenting Consumer Preference towards High Resolution Displays
Challenges:
Huge Capital Requirement for Manufacturing Setup
Restraints:
High Cost of 4K Television may restrain its Demand
Opportunities:
Growing Technological Advancements and IoT Adoption in 4K Television Manufacturing has Created Growth Opportunities and Rising Entertainment Streaming Content by Netflix, Amazon has impacted on the Demand for 4K Television in Positive Manner
Market Leaders and their expansionary development strategies
In March 2023, Panasonic launched a new range of 4k Google TVs in India, starting at RS 19,990. The new range of Google Tvs comes display size. The addition of Google TV to Panasonic's robust TV portfolio reinforces the company's commitment to offering the latest technology and innovation to its customers.
In April 2021, Samsung has launched new 2021 Neo QLED 4K TV models. The latest Neo QLED 4k TVs are comprise of new core technology such as new Quantum Mini LEDs, Quantum Matrix tech and Neo Quantum processor. The 2021 Neo QLED 4K TV line-up has launch with its two models – QN85A (75-inch, 65-inch and 55-inch) and QN90A (85-inch, 65-inch, 55-inch and 50-inch).
Key Target Audience
4K Television Manufacturers, 4K Television Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Research Laboratory, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.