Market Overview:
The global ultra-HD TV market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for high-resolution displays, rising disposable income, and growing adoption of ultra-HD TVs in commercial applications. In terms of type, the LCD TVs segment is expected to account for a major share of the global ultra-HD TV market during the forecast period. This can be attributed to their low cost and wide availability as compared to OLED TVs. However, OLED TVs are witnessing rapid growth due to their superior features such as better picture quality and longer life span as compared to LCD TVs. In terms of application, household use is expected to account for a major share of the global ultra-HD TV market during the forecast period.
Product Definition:
An ultra-high-definition television (Ultra HD TV) is a digital television broadcasting standard and technology that employs resolutions of at least 3840×2160 pixels.
LCD TVs:
Liquid Crystal Display (LCD) TVs are used to display images in the form of a grid, which is made up of millions of little pieces of glass. The liquid crystal molecules in the liquid crystal display change shape when electricity is applied across them; this process is called as “liquid crystal response” and it creates an image.
OLED TVs:
OLED TVs are the new technology in the television market. They have many advantages over LCD and plasma TVs. OLED TV has better picture quality, higher contrast ratio, and more vibrant colors than other technologies. It also offers a much wider viewing angle compared to LCD or plasma TV which makes it a great choice for consumers who want to watch programs from different angles.
Application Insights:
Ultra-HD TVs are majorly used in the household sector as they offer a premium viewing experience. The growing adoption of UHD TVs by the consumers for watching movies and TV shows is expected to drive the global ultra-hd tv market over the forecast period. Furthermore, increasing number of households with a single income is anticipated to further fuel product demand in this segment.
Commercial use segment Ultra HDTVs are widely adopted by viewers for sports events, live concerts, political debates/speeches and other live Broadcasting content on Television channels & Online Streaming services such as Netflix & YouTube. Increasing adoption of UHD TVs by online streaming providers and gaming console manufacturers is expected to drive growth over the forecast period owing to its benefits such as precise color reproduction and high resolution images that provide an immersive experience while playing games or watching videos on personal computers or smart devices.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing demand for Ultra-HD TVs from U.S., which has been witnessing a rapid growth in number of households since past few years. Moreover, presence of key players such as LG Electronics Inc.; Sony Corporation; and Samsung Group is also contributing towards regional growth.
Asia Pacific is anticipated to be the fastest growing regional market due to rising disposable income especially among middle class population groups in countries such as China and India, thereby fueling their spending on consumer electronics including TVs.
Growth Factors:
- Increasing demand for large-screen TVs: Ultra-HD TVs offer a much larger screen size than traditional HDTVs, and this is one of the key drivers of their growing popularity. With more and more people opting for large-screen TVs, manufacturers are focusing on developing Ultra-HD models to cater to this demand.
- Improved picture quality: Another major factor driving the growth of Ultra-HD TV market is the improved picture quality that these TVs offer as compared to traditional HDTVs. The higher resolution and pixel density offered by Ultra-HD TVs result in a sharper and crisper image, which is especially noticeable when watching high definition content or movies.
- Falling prices: One of the main reasons behind the growing popularity of Ultra-HD TV market is their declining prices tags over time. As technology improves and economies of scale kick in, manufacturers are able to bring down the cost of producing these televisions, making them more affordable for consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra-HD TV Market Research Report
By Type
LCD TVs, OLED TVs
By Application
Household Use, Commercial Use
By Companies
Sony, Samsung, Skyworth, Changhong, Hisense, LG, Vizio, TCL, Panasonic, Sharp, Philips, Toshiba, Upstar, Seiki, Polaroid, Sansui, Sceptre, AUO, BOE Technology, Haier
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ultra-HD TV Market Report Segments:
The global Ultra-HD TV market is segmented on the basis of:
Types
LCD TVs, OLED TVs
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
Household Use, Commercial Use
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:
- Sony
- Samsung
- Skyworth
- Changhong
- Hisense
- LG
- Vizio
- TCL
- Panasonic
- Sharp
- Philips
- Toshiba
- Upstar
- Seiki
- Polaroid
- Sansui
- Sceptre
- AUO
- BOE Technology
- Haier
Highlights of The Ultra-HD 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:
- LCD TVs
- OLED TVs
- By Application:
- Household Use
- Commercial Use
- 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 Ultra-HD 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?
Ultra-HD TV is a term used to describe televisions that have a resolution of 4K or more.
Some of the major players in the ultra-hd tv market are Sony, Samsung, Skyworth, Changhong, Hisense, LG, Vizio, TCL, Panasonic, Sharp, Philips, Toshiba, Upstar, Seiki, Polaroid, Sansui, Sceptre, AUO, BOE Technology, Haier.
The ultra-hd tv market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra-HD 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 Ultra-HD TV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra-HD 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 Ultra-HD 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 Ultra-HD TV Market Size & Forecast, 2018-2028
4.5.1 Ultra-HD TV Market Size and Y-o-Y Growth
4.5.2 Ultra-HD TV Market Absolute $ Opportunity
Chapter 5 Global Ultra-HD 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 Ultra-HD TV Market Size Forecast by Type
5.2.1 LCD TVs
5.2.2 OLED TVs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultra-HD 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 Ultra-HD TV Market Size Forecast by Applications
6.2.1 Household Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra-HD 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 Ultra-HD 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 Ultra-HD TV Analysis and Forecast
9.1 Introduction
9.2 North America Ultra-HD 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 Ultra-HD TV Market Size Forecast by Type
9.6.1 LCD TVs
9.6.2 OLED TVs
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 Ultra-HD TV Market Size Forecast by Applications
9.10.1 Household Use
9.10.2 Commercial Use
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 Ultra-HD TV Analysis and Forecast
10.1 Introduction
10.2 Europe Ultra-HD 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 Ultra-HD TV Market Size Forecast by Type
10.6.1 LCD TVs
10.6.2 OLED TVs
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 Ultra-HD TV Market Size Forecast by Applications
10.10.1 Household Use
10.10.2 Commercial Use
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 Ultra-HD TV Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultra-HD 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 Ultra-HD TV Market Size Forecast by Type
11.6.1 LCD TVs
11.6.2 OLED TVs
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 Ultra-HD TV Market Size Forecast by Applications
11.10.1 Household Use
11.10.2 Commercial Use
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 Ultra-HD TV Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultra-HD 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 Ultra-HD TV Market Size Forecast by Type
12.6.1 LCD TVs
12.6.2 OLED TVs
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 Ultra-HD TV Market Size Forecast by Applications
12.10.1 Household Use
12.10.2 Commercial Use
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) Ultra-HD TV Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultra-HD 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) Ultra-HD TV Market Size Forecast by Type
13.6.1 LCD TVs
13.6.2 OLED TVs
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) Ultra-HD TV Market Size Forecast by Applications
13.10.1 Household Use
13.10.2 Commercial Use
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 Ultra-HD TV Market: Competitive Dashboard
14.2 Global Ultra-HD TV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sony
14.3.2 Samsung
14.3.3 Skyworth
14.3.4 Changhong
14.3.5 Hisense
14.3.6 LG
14.3.7 Vizio
14.3.8 TCL
14.3.9 Panasonic
14.3.10 Sharp
14.3.11 Philips
14.3.12 Toshiba
14.3.13 Upstar
14.3.14 Seiki
14.3.15 Polaroid
14.3.16 Sansui
14.3.17 Sceptre
14.3.18 AUO
14.3.19 BOE Technology
14.3.20 Haier
