Published on : Apr 12, 2017
Albany, New York, April 12, 2017: The report, titled “Global 4K2K TV Market Research Report 2017,” has been prepared to act as a reliable business document for audiences such as manufacturers of television sets and its distributors and traders. The report evaluates the valuation of the global market as well as that of various segments and regions. In order to represent the nature of the competition in the global 4K2K TV market, the report profiles a number of leading manufacturers and throws light at their recent strategic developments.
According to the report, the TV technology is evolving rapidly and the current ones offer as much as four times higher resolution than high definition TVs (HD TVs). With striking features such as increased resolution, extended color-effects, sharper pictures, wider field of view, higher frame rates. These features enhance user experience multi-fold, and hence are gaining demand. In addition to that, advent of cost-efficient LCD panel and continuously depreciating average selling prices of 4K2K are other favorable factors for the global 4K2K TV market.
The report also expects 4K2K TV to gain traction by incorporating 3D displays. The percentage of Hollywood movies made in 3D format has escalated in the past decade and the consumers have realized the enthralling experience. This is a glaring trend in the global 4K2K TV market that might prove to be a boon for the players in the value chain.
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On the basis of product type, the report segments the global 4K2K TV market into 40-49 inches, 50-59 inches, 60-69 inches, 70-79 inches, and 80 inches and above. Out of these, the segment of 60-69 inches 4K2K TV currently has the maximum demand, as it offers best clarity in terms of 4K content. Application-wise, the report segments 4K2K TV market into household and commercial.
Geographically, the report evaluates the opportunities available in the regions of North America and Europe as well as in the country-wide markets of China, Japan, Korea, and Taiwan. Currently, China and other countries in the Asia Pacific pose most of the demand as this region houses several leading manufacturers of IC drivers and OEMs, which is resulting in lowered average selling price of 4K2K TV.
The leading companies in the global 4K2K TV market that have been profiled in the report are: Sichuan Changhong Electric, LG, Koninklijke Philips, Panasonic, Samsung, Konka, Micromax Informatics, Sony, Haier, Sansui Electric, Seiki Digital, Skyworth Digital, TCL, Toshiba, Videocon, Xiaomi Technology, and Hisense. For each of these companies, the report overviews their manufacturing base and competitors, product portfolio, revenue, price, and gross margin. It also lists market share of top 3 and top 5 manufacturers as well as recent mergers, acquisitions, and expansions by these leading players in the 4K2K TV market.
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