The Ultra High Definition TV Market deals with development, manufacture and distribution of the ultra HD TV which utilizes 4K technology to allow users to enjoy 4K ultra HD video and ultra HD blu ray material. Ultra HD is the next step after Full HD.
The Ultra High Definition TV Market has been focused on developing ultra HD resolution technology for widespread consumption. Ultra HD contains 4 times the resolution of traditional Full HD displays which led to the coining of the term 4K HD. 4K ultra HD video and ultra HD blu ray content are able to offer significantly superior improvements in the quality as well as clarity departments.
In reality, the Ultra High Definition TV Market classifies ultra HD as including 4K UHD and 8K UHD. But the development of 8K UHD technology is still in the early stages which has allowed the full focus of the public to rest on ultra HD TV technology for now.
Scope & Regional Forecast of the Ultra High Definition TV Market
The Ultra High Definition TV Market is confident that the issues surrounding interoperability will eventually be resolved and the adoption rates of the ultra HD TV will accelerate rapidly. A big chunk of Full HD TV sets are also coming up to their 4-5 year usage mark.
The Ultra High Definition TV Market is hopeful that the marking of this period will prompt users to conduct a quick survey of the market for the latest varieties of ultra HD resolution capable telivision sets. Once the adoption process begins, 4K HD conent is also expected to be developed and beamed across the world for consumption at significantly higher rates.
So far, the Ultra High Definition TV Market has been dominated by demand emanating from the region of North America. This demand is driven by the popular consumption of digitized cable support with extensive HD support and greater public purchasing power.
As the price of the ultra HD TV falls, Asia-Pacific is expected to play a big role by exhibiting the fastest growth till 2022. The cable networks in countries like China and India are also actively upgrading their technology to provide superior support.
Segmentations & Key Players Involved in the Ultra High Definition TV Market
According to IndustryARC findings, the Ultra High Definition TV Market can be broken down into various segmentations on the basis of –
Technology: LCD, LED and OLED.
Screen Size: <40”, 40-49” and >49”.
Geographical Location: Europe, Asia-Pacific, North America and RoW (Rest of the World).
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Some of the key players involved in the Ultra High Definition TV Market according to IndustryARC are as follows:
- Panasonic Corporation (Japan)
- Sharp Corporation (Japan)
- Sony Corporation (Japan)
- Toshiba Corporation
- Sichuan Changhong Electric (China)Haier
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