Global 4K TV (Television) Market Growth 2023-2029

Global 4K TV (Television) Market Growth 2023-2029

4K, known as UHD, is a picture technology that quadruples the number of pixels found in a full HD picture. With 4K, pixels are usually arranged in a 3,840 x 2,160 configuration, compared with the 1920x1080 you get in a full HD TV.

LPI (LP Information)' newest research report, the “4K TV (Television) Industry Forecast” looks at past sales and reviews total world 4K TV (Television) sales in 2022, providing a comprehensive analysis by region and market sector of projected 4K TV (Television) sales for 2023 through 2029. With 4K TV (Television) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 4K TV (Television) industry.

This Insight Report provides a comprehensive analysis of the global 4K TV (Television) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 4K TV (Television) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 4K TV (Television) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 4K TV (Television) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 4K TV (Television).

The global 4K TV (Television) market size is projected to grow from US$ 143480 million in 2022 to US$ 446140 million in 2029; it is expected to grow at a CAGR of 446140 from 2023 to 2029.

Asia Pacific held the largest share in 2016, as China has transformed into the biggest consumer of 4K TVs, accounting for more than 70% of the global share in the same year. Mass availability of 4K TVs coupled with low price offerings is the major reason behind the huge consumptions of 4K TVs in the country.

North America being an early adopter witnessed a signifcant growth with the introduction of 4K TVs, a trend expected to continue over the forecast period. Further, the regional 4K TV market growth is also attributed to the growing adoption of 4K set-top boxes that allow exploiting the full capability of 4K TVs with improved picture quality.

The region is expected to witness tremendouse growth also owing a drop in prices of 4K TVs, and it is anticipated that by 2025 more than half the American population will own at least one 4K TV. The European 4K TV market also exhibited a moderate growth due to an increasing demand in the UK and Germany. The proliferation of TVs supporting HDR will be a key factor expected to drive the growth in developed markets.

This report presents a comprehensive overview, market shares, and growth opportunities of 4K TV (Television) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Below 55 Inch
55 Inch
65 Inch
Others

Segmentation by application
Household
Public

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Samsung
LG
SONY
Sharp
Panasonic
Toshiba
Seiki
Hisense
Skyworth
Changhong
TCL
Konka
Philips
Haier

Key Questions Addressed in this Report

What is the 10-year outlook for the global 4K TV (Television) market?

What factors are driving 4K TV (Television) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 4K TV (Television) market opportunities vary by end market size?

How does 4K TV (Television) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.