Ultra High Definition Panel Market Predicts Asia-Pacific to Exhibit Fastest Growth
Asia-Pacific is projected to exhibit the fastest growth during the forecast period of 2016-2022. The awareness of the people in the region is growing gradually along with a rise in their displosable income. The combination of these two factors is set
The Ultra High Definition Panel Market deals with the development and distribution of 4K ultra HD TV panels which utilize 4K technology for displaying super sharp and clear 4K content. Ultra HD TV panels are the latest innovation which offer content at 4K resolution.
In other words, the Ultra High Definition Panel Market offers two times more pixels than what is provided by a traditional Full HD TV. Ultra HD technology is being driven by rising usage in various commercial sectors like retail, hospitality, etc. Even the broadcasting and media segments are not lagging behind when it comes to adoption of ultra HD resolution for their content.
Scope & Regional Forecast of the Ultra High Definition Panel Market
The Ultra High Definition Panel Market has developed a few attractive technical advantages over the years in the form of a wide viewing range, unprecedented color gamut, and crystal clear quality at a pretty high resolution. These benefits provided by ultra HD resolution, unlike the traditional Full HD TV, are expected to open up new opportunities in entertainment as well as others like sports.
The Ultra High Definition Panel Market received a big initial boost through sports and nature documentaries. The 2014 FIFA World Cup held in Brazil was broadcast in 4K ultra HD by BBC across the U.K and resulted in a spike of ultra HD telivision sales. BBC then followed this up with 4K content like documentaries on nature which were narrated by the legendary Richard Attenborough.
So far, the Ultra High Definition Panel Market has been dominated by demand emanating from North America owing to relatively high demand and the easy availability of 4K content coupled with higher public purchasing power. While Europe has been an early adopter of the 4K resolution, Asia-Pacific is projected to exhibit the fastest growth during the forecast period of 2016-2022. The awareness of the people in the region is growing gradually along with a rise in their displosable income. The combination of these two factors is set to fuel future growth.
Segmentations & Key Players Involved in the Ultra High Definition Panel Market
According to IndustryARC findings, the Ultra High Definition Panel Market can be broken down into various segmentations on the basis of –
Technology: LCD, LED and OLED.
Application: Homeuse, Industrial, Digital signage and Others.
Product: Telivision Sets, Projectors, Personal Computers and Smart-Phones.
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Geographical Location: Europe, Asia-Pacific, North America and RoW (Rest of the World).
Some of the key players involved in the Ultra High Definition Panel Market according to IndustryARC are as follows:
BOE Technology Group Co., Ltd.
Koninklijke Philips N.V.
Sony Electronics, Inc.
Hisense Group Co., Ltd.
Changhong Electric Co., Ltd.
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Jan 11, 2017