Market Overview:
The global 8K UHD TV market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 8K UHD TVs from home users and commercial establishments. Additionally, technological advancements in display panels are also contributing to the growth of this market. Some of the major players operating in this market are Samsung Electronics Co., Ltd., LG Electronics Inc., Sony Corporation, Panasonic Corporation, and Sharp Corporation among others.
Product Definition:
8K UHDTV is a digital television format with a resolution of 7680 × 4320 pixels, or 33.2 megapixels. It has an aspect ratio of 16:9 and uses the HEVC codec. 8K UHDTV allows for more detailed images than traditional HDTV while still providing high frame rates and smooth motion.
65 Inch:
65 inch is a measure of length and refers to the display screen size. The term “8K” in 8K UHD TV market means resolution which is eight times higher than HDTV (High Definition Televisions) resolution. It has two different aspects, one is the number of pixels in each unit of measurement ( width and height), another aspect refers to the total number of pixels on an image plane i.e.
98 Inch:
The 98 inch is the largest screen size that can be supported by 8K UHD TV. It has been tested and found that a 98 inches display panel can provide more than enough resolution for watching movies in 8K quality. The number "98" is derived from the width and height in inches of an ideal rectangle having sides length of 32000/98/30 or approximately 0.26 square meters.
Application Insights:
The commercial segment dominated the global 8K UHD TV market, accounting for over 70% share of the overall revenue in 2017. The growing adoption of 8K TVs by film production houses and cinema theaters to exhibit films in 4K resolution is expected to drive the demand for 8K UHD TVs in commercial applications. Furthermore, several live streaming apps have started offering live feeds in 4k resolution which has boosted demand for high-resolution displays at a consumer level.
Commercial application segments include corporate offices, banking halls, stock trading floors and government offices among others. Increasing usage of advanced technology at these institutions drives growth within this segment as it provides an enhanced visual experience to employees working from home or on remote locations with low maintenance cost and energy consumption devices. Moreover, several companies including HP have introduced 84 inch Ultra High Definition (UHD) monitors which can be used by office workers for improved productivity leading to increased adoption across corporate offices globally.
Regional Analysis:
The Asia Pacific region is anticipated to be the key revenue-generating segment over the forecast period owing to increasing adoption of UHD TVs in China and Japan. The growing trend of 4K TV viewing is also expected to drive regional growth. Rising demand for smart UHD TVs with built-in Wi-Fi, apps, and voice control functionality is further expected to propel industry growth.
North America accounted for a significant share in 2017 owing to early adoption of 8K technology by broadcasters such as ABC, CBS, NBC Universal; Netflix; Viacom 18 (Paramount Pictures Corporation); Cineplex Inc.; and others. These companies are broadcasting their content in 4k resolution which can be viewed on 8K TV sets thus driving market growth across this region.
Growth Factors:
- Increasing demand for premium quality video content.
- Rapid advancements in display technology and falling prices of 8K TVs.
- Growing popularity of ultra-high definition (UHD) content among consumers worldwide.
- Proliferation of 4K and 8K content creation tools and services.
- Increasing demand from the commercial sector for high resolution displays
Scope Of The Report
Report Attributes
Report Details
Report Title
8K UHD TV Market Research Report
By Type
65 Inch, 98 Inch, Others
By Application
Home Use, Commercial
By Companies
Sharp, Hisense, LG, Samsung, Konka, Changhong, Skyworth, Sharp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global 8K UHD TV Market Report Segments:
The global 8K UHD TV market is segmented on the basis of:
Types
65 Inch, 98 Inch, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sharp
- Hisense
- LG
- Samsung
- Konka
- Changhong
- Skyworth
- Sharp
Highlights of The 8K UHD TV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 65 Inch
- 98 Inch
- Others
- By Application:
- Home Use
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 8K UHD TV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
8K UHD TV is a resolution of 7680x4320 pixels.
Some of the key players operating in the 8k uhd tv market are Sharp, Hisense, LG, Samsung, Konka, Changhong, Skyworth, Sharp.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 8K UHD TV Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 8K UHD TV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 8K UHD TV Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 8K UHD TV Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 8K UHD TV Market Size & Forecast, 2018-2028
4.5.1 8K UHD TV Market Size and Y-o-Y Growth
4.5.2 8K UHD TV Market Absolute $ Opportunity
Chapter 5 Global 8K UHD TV Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 8K UHD TV Market Size Forecast by Type
5.2.1 65 Inch
5.2.2 98 Inch
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 8K UHD TV Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 8K UHD TV Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 8K UHD TV Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 8K UHD TV Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 8K UHD TV Analysis and Forecast
9.1 Introduction
9.2 North America 8K UHD TV Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 8K UHD TV Market Size Forecast by Type
9.6.1 65 Inch
9.6.2 98 Inch
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 8K UHD TV Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 8K UHD TV Analysis and Forecast
10.1 Introduction
10.2 Europe 8K UHD TV Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 8K UHD TV Market Size Forecast by Type
10.6.1 65 Inch
10.6.2 98 Inch
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 8K UHD TV Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 8K UHD TV Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 8K UHD TV Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 8K UHD TV Market Size Forecast by Type
11.6.1 65 Inch
11.6.2 98 Inch
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 8K UHD TV Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 8K UHD TV Analysis and Forecast
12.1 Introduction
12.2 Latin America 8K UHD TV Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 8K UHD TV Market Size Forecast by Type
12.6.1 65 Inch
12.6.2 98 Inch
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 8K UHD TV Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 8K UHD TV Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 8K UHD TV Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 8K UHD TV Market Size Forecast by Type
13.6.1 65 Inch
13.6.2 98 Inch
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 8K UHD TV Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 8K UHD TV Market: Competitive Dashboard
14.2 Global 8K UHD TV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sharp
14.3.2 Hisense
14.3.3 LG
14.3.4 Samsung
14.3.5 Konka
14.3.6 Changhong
14.3.7 Skyworth
14.3.8 Sharp
