What is 4K Technology Market?
4K technology refers to one of two high definition resolutions, 3840 × 2160 pixels or 4096 × 2160 pixels. 4K is four times the pixel resolution or twice the line resolution of 1080p. These resolutions are most frequently used in larger screen televisions to create better-detailed pictures. The main advantage of 4K technology is that it has a greater resolution which gives a better quality of the view. The consumer’s preferences are changing with respect to display monitors that fuel the market of 4K technology.
The market study is being classified by Type (Digital Cameras, Camcorders, Projectors, Smartphones and Tablets and Monitors and Smart TVs), by Application (Consumer Electronics, Advertisement, Aerospace and Defense, Business and Education, Entertainment and Others) and major geographies with country level break-up.
Blackmagic Design Pty Ltd. (Australia), Canon Inc. (Japan), LG Electronics (South Korea), Innolux Corporation (Taiwan), Sharp Corporation (Japan), Panasonic (Japan), Samsung Electronics (South Korea), Sony (Japan), AsusTek (Taiwan) and JVC Kenwood Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hisense Co., Ltd. (China), TCL (China) and Hong Kong Skyworth Digital Holdings Ltd. (China).
Research Analyst at AMA predicts that Japanese Players will contribute to the maximum growth of Global 4K Technology market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global 4K Technology market by Type, Application and Region.
On the basis of geography, the market of 4K Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Greater Resolution with Better Quality
- Availability of 4K Display Products in Affordable Prices
- Increased Color Resolution and Bit Depth
Market Trend
Restraints
- Content Recorded In 4K Is Still Limited
Opportunities
- Demand for High-Quality Videography and Photography
- Increasing Demand for Smart TVs and Smart Phones
Challenges
- Need For High Investment in Content Creation and Broadcasting
- Fluctuations in the Raw Material Cost
On 18th March 2019, LG Electronics USA, launched LG NanoCell LED 4K Ultra HD TV, which is available in sizes ranging 49 to 86 inches. It has LG NanoCell technology IPS panels and a new processor2 to deliver impressive picture enhancements, color accuracy and wide viewing angles.
Key Target Audience
4K Technology Developers, Technology Investors, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user