Market Highlights:
Sony Corporation manufactures 4K TVs, 4K home
theatre projectors, 4K video cameras and others. LG Electronics provides panels
for industrial and other applications such as entertainment systems, automotive
displays, portable navigation devices, medical diagnostic equipment and
flexible display products. The company manufactures UHD 4K TVs and 4K monitors.
On 1st of May 2017, SES and LG Electronics (LG) has introduced a HDR-compatible
32-inch UHD 4K monitor. Canon Inc. manufactures 4K display monitors, 4K optics,
4K projector, 4K camcorders and 4K cameras. Amazon Inc. provides 4K content
that is further segmented into 4K videos, 4K movies and 4K TV shows. Netflix
provides 4K content into both television and film industry. The company has
business operating in Japan, Brazil, India, Korea and United States.
Asia-Pacific region is the leading player in the 4K
technology market. North America region is one of the growing market in the
region owing to high spending powers. Growing economies such as India, Japan,
and China accounted for the largest market share due to growing electronics
industries in this region. The upcoming revolution in technology is changing
the market of display with higher resolution. The 4K technology refers to pixel
size. It consists of 3840 or 4096 horizontal pixels and 2190 vertical pixels.
The key advantages of 4K technology is the greater
resolution gives better quality. In the home context, 4K/UHD means the tv's
screen has a minimum resolution of 3,840 pixels wide and 2,160 pixels high, making
it the equivalent to two 1080p screens in height and two in length. This
resolution was originally known as quad HD, and it's used by basically every 4K
TV.The 4K technology has few disadvantages which hampers the growth of the
market. The content recorded in 4K is still limited. To transfer videos in 4K
it is necessary to have a minimum bandwidth of 25Mbps.The exported archives are
very heavy and take up a lot of space. The prices of 4K televisions are not
accessible for all pockets.
The 4K Technology Market for segment on the basis of product. The product consists of tvs,
monitors, digital signage, set-top boxes, smartphones, tablets, laptops,
projectors, cameras, blu-ray players. New technologies enable users to capture the sharpest video and edit
without losing it quality. 4K cameras supports the flash memory used by photographers and
videographers. 4K cameras has the ability
to shoot videos with the usage of any single frame as high-res
image allows photographers to capture without compromising on quality. The high resolution in 4K market offers users with detailed gaming features. A QHD or 4K laptop consists of extra pixel that
provides photographers with sharp image, smooth text and graphics. .
The extra pixels in 4K laptops, offer users with
improved photo and video editing option. 4K laptops provides users with high
storage for software interfaces. The high memory space and better gaming
platform is driving the 4K laptop market.
The 4K technology market is expected to grow at
approximately USD 150,202 Million by 2023, at 21.29% of CAGR between 2017 and
2023.
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Major Key Players:
·
Canon Inc. (Japan)
·
Blackmagic Design
Pty Ltd. (Australia)
·
Innolux Corp. (Taiwan)
·
LG Electronics
Corp. (South Korea)
·
Panasonic Corp.
(Japan)
·
Samsung
Electronics Corp. (South Korea)
·
Sharp Corp.
(Japan)
·
Sony Corp. (Japan)
·
JVC Kenwood Corp.
(Japan)
·
AsusTek Corp.
(Taiwan)
·
Hisense Co.Ltd
(China)
4K Technology Market Segmentation:
The 4K Technology market has been segmented on the
basis of product and region. The 4K laptops can display the highest resolutions
that would be miracle for photographers a QHD or 4K laptop is beneficial to
them. 4K laptop does not guarantee that the colors and contrast will be
reproduced accurately in a final print. Colors needed to be calibrated, just
like with any other monitor.
Market Research Analysis:
Market Research
Future Analysis shows that new adoptions of high-tech methods. Standard blu-ray discs are high-definition 1080p
resolution, but the new 4K (ultra high-definition) TV will be expensive and will provide brighter highlights and expanded
contrast ratios on TVs.Regional analysis for 4K technology market is studied in different
geographic regions as North America, Europe, Asia-Pacific and Rest of world.
Asia-Pacific
region is mainly dominating the market because of advanced technology
implementation in display resolution system. The entertainment industry in
Asia-Pacific region is growing and becoming global which is one of the driving
factor of 4K technology market. European
region is also gaining growth because of increase demand of consumers and
investment by technology players in 4K technology.
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