UHD 4K Panel Market to expand $44.4bn by 2024

The report "(Ultra High Definition) UHD/4K Panel Market Size By Technology (LCD, LED/OLED), By Application (Televisions, Personal Computers, Smartphones, Digital Display Screens), Industry Analysis Report, Regional Outlook (U.S., UK, Germany, China, Japan), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024", by Global Market Insights, Inc. says ultra-high definition panel market is poised to surpass a revenue of USD 44 billion by 2024 with a CAGR of 11% over the period of 2016-2024.

Ultra-high definition UHD/4K panel market is already grabbing a huge attention in the global scenario with the growing incorporation of these panels in varied consumer electronics forum including cameras, laptops, smartphones, and computer display screens.

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UHD displays not only provide higher resolution but also offer wider dynamic range, high frame rate, and better color gamut. This attractive combination offer an even more captivating viewing experience to the consumers which in turn is catalyzing the rapid expansion of the industry. Technically, ultra-high definition panel market is segmented into LCD and LED based displays.

LEDs being at the pinnacle of consumer demand covered 45% of the total market in 2015, and is slated to grow tremendously at an annual growth rate of 8.8% over the coming seven years. Comparatively lower power consumption than LEDs, is set to drive LCD based ultra-high definition UHD/4K panel industry, with a revenue projection of USD 18 billion by 2024.

The global market from television application accounted for 55% of the total volume in 2015 and is anticipated to grow stupendously at a CAGR of 11% over 2016- 2024. In a bid to improve the detailing and sharpness of big screen sets, ultra-high definition panels are mostly integrated in today’s television.

Digital display screen application is another prominent area which is slated grow substantially at an annual growth rate of 11.7% over the coming time frame. Retail segment is also expected to offer lucrative business opportunities for overall ultra-high definition panel market in the years ahead.

Based on global trends, North America ultra-high definition panel industry majorly driven by U.S., will record a revenue of USD 19 billion by 2024. Hi-tech adoption and wide consumer base across this region is propelling the market growth. Asia pacific, another prominent region influencing the overall market dynamics, covered 20% of global ultra-high definition panel market in terms of volume in 2015, and is poised to grow at a CAGR of 11.6% over 2016-2024. Abundance of authentic manufacturers is playing a vital role in the regional industry growth.

Market players are rigorously investing in research activities to upgrade the product portfolio with the ever-evolving technological breakthroughs. For instance, recent introduction of large sized display panels in the market is anticipated to change the overall industry dynamics. Some of the prominent ultra-high definition panel market participants include LG, Panasonic, Samsung Electronics, and Sony Electronics.

This latest ultra-high definition 4K Panel market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the ultra-high definition 4K Panel market industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

• Global ultra-high definition 4K Panel market size & forecast by product & application.
• Growth drivers, pitfalls & industry challenges.
• Key ultra-high definition 4K Panel market growth opportunities & emerging business models.
• Competitive benchmarking with market share analysis and company profiles.

Browse key industry insights spread across 90 pages with 71 market data tables & 40 figures & charts from the report, "(Ultra High Definition) UHD/4K Panel Market" in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/ultra-high-definition-UHD-4K-panel-market

Table Content of UHD/4K Panel Market

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.1.1. Initial data exploration

1.1.2. Statistical modeling and forecast

1.1.3. Industry insights and validation

1.2. Data Sources

Chapter 2. Executive Summary

2.1. UHD panel industry 3600 synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Technology trends

Chapter 3. UHD Panel Industry Insights

3.1. Industry segmentation

3.2. Industry Size and forecast, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.4. Industry Impact forces

3.4.1. Growth drivers

3.4.1.1. Growing preference for larger screen size

3.4.1.2. High demand across application markets

3.4.2. Industry pitfalls & challenges

3.4.2.1. High cost

3.5. Growth potential analysis

3.6. Porter’s analysis

3.7. Company market share, 2015

3.8. PESTEL analysis

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