4K TV Market Report: Trends, Forecast and Competitive Analysis to 2030

4K TV Market Report: Trends, Forecast and Competitive Analysis to 2030

4K TV Trends and Forecast

The future of the global 4K TV market looks promising with opportunities in the household use and commercial use markets. The global 4K TV market is expected to reach an estimated $542.6 billion by 2030 with a CAGR of 18.7% from 2024 to 2030. The major drivers for this market are ultra-high definition televisions are expected to be used in a wide range of applications outside of the home entertainment sector, increasing demand of 4K TV by providing viewers with a crisp, clear visual experience, and price reductions, as well as, and major television broadcasters and content creators are investing heavily in UHD technology.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

4K TV by Segment

The study includes a forecast for the global 4K TV by type, application, and region.

4K TV Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Below 52 Inches Type
• 52-65 Inches Type
• Above 65 Inches Type
• Others

4K TV Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Household Use
• Commercial Use
• Others

4K TV Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of 4K TV Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 4K TV companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 4K TV companies profiled in this report include-

• Samsung
• Sony
• LG Electronics
• Sharp
• Hisense
• Xiaomi
• TCL
• Philips
• Changhong
• Panasonic

4K TV Market Insights

Lucintel forecasts that below 52 inches type will remain the largest segment over the forecast period.

North America will remain the largest region over the forecast period due to increasing research and development efforts in preparation for the release of superior UHD TVs.

Features of the Global 4K TV Market

Market Size Estimates: 4K TV market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: 4K TV market size by type, application, and region in terms of value ($B).

Regional Analysis: 4K TV market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the 4K TV market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 4K TV market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the 4K TV market size?

Answer: The global 4K TV market is expected to reach an estimated $542.6 billion by 2030.

Q2. What is the growth forecast for 4K TV market?

Answer: The global 4K TV market is expected to grow with a CAGR of 18.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the 4K TV market?

Answer: The major drivers for this market are ultra-high definition televisions are expected to be used in a wide range of applications outside of the home entertainment sector, increasing demand of 4K TV by providing viewers with a crisp, clear visual experience, and price reductions, as well as, and major television broadcasters and content creators are investing heavily in UHD technology.

Q4. What are the major segments for 4K TV market?

Answer: The future of the global 4K TV market looks promising with opportunities in the household use and commercial use markets.

Q5. Who are the key 4K TV market companies?

Answer: Some of the key 4K TV companies are as follows:

• Samsung
• Sony
• LG Electronics
• Sharp
• Hisense
• Xiaomi
• TCL
• Philips
• Changhong
• Panasonic

Q6. Which 4K TV market segment will be the largest in future?

Answer: Lucintel forecasts that below 52 inches type will remain the largest segment over the forecast period.

Q7. In 4K TV market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing research and development efforts in preparation for the release of superior UHD TVs.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the 4K TV market by type (below 52 inches type, 52-65 inches type, above 65 inches type, and others), application (household use, commercial use, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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