The
market for ultra high definition panel globally is estimated to reach
USD 30,404.6 million by 2020. In terms of volume sale, the market for
UHD panel is expected to reach 5,704.5 thousand units by 2020, at a
CAGR of 9.2% from 2014 to 2020. Factors such as increasing use of UHD
displays in commercial sector and proliferating use of UHD TVs in
media and broadcasting industry are supporting the growth of ultra
high definition panel market.
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TOC at
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UHD
TVs provide features such as wide dynamic range, high picture
resolution and extensive color gamut to help in exploring new genres
and entertainment fields. In addition, UHD panels are expected to
find increasing application in industries such as publishing,
advertising and signage, and other digital applications such as use
of large UHD displays at cinema complexes to show non-movie content
such as sports or music events. Moreover, ultra high definition can
also be used in art and culture as a new way of preserving and
displaying objects and for creation of new art works in museums, art
galleries, etc. These factors are largely responsible for driving the
ultra high definition panel market.
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Globally,
the ultra high definition panel market was valued at USD 12,887.1
million in 2013 and is forecast to grow at a CAGR of 12.6% from 2014
- 2020. The market is segmented on the basis of end-use application,
technology, and geography. The end-use applications comprise
television, personal computers, smart phones, display screens/walls,
and others. The others segment includes camera, notebooks and
tablets. Amongst these applications, the display screen/walls segment
is expected to grow at the highest CAGR of 17.5% from 2014 - 2020.
This is due to the increasing demand of display screens for digital
signage in the commercial sector. Geographically, North America is
anticipated to remain the largest market for ultra high definition
panel till 2020 owing to the higher consumer acceptance and awareness
of UHD panel based products. Europe and North America had a
collective revenue share of more than 70% in 2013. Asia-Pacific is
expected to be the fastest growing regional market for ultra high
definition panels over the forecast period, growing at a CAGR of
15.1%.
The
global market for UHD panels is dominated by players such as Samsung
Electronics, LG Display Co., Ltd., Sony Electronics, Inc., Toshiba
Corporation and others. Samsung Electronics and LG Corporation are
leading the global UHD panel market and collectively accounted for
around 47% revenue share in 2013.
This
report analyzes the global ultra high definition panel market in
terms of revenue (USD million) and volume (thousand units). The
market has been segmented as follows:
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Ultra
High Definition Panel Market, By End-use Application
Television
Personal
computers
Smart
phones
Display
screens/walls
Others
(Camera, Tablets, Notebooks)
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all Press Releases:
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Ultra
High Definition Panel Market, By Technology
Liquid-crystal
display (LCD)
Light-emitting
diode (LED) (includes OLED and AMOLED)
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all Article :
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Ultra
High Definition Panel Market, By Geography
North
America
Europe
Asia-Pacific
Rest
of the World (RoW)
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