Pune, India - 4K Display Market format mainly used for the shooting of motion pictures. Crystal clear picture qualities, better display as well as improved sound quality as compared to its conventional display technologies are some of the principal features of 4K which is projected to fuel the 4K display demand. In addition, 4K supports faster frame rates along with extended colors on the screen which is another factor driving product sales.
Consumers all over the world demand for the big screen TV along with features like improved image resolution with enhanced image quality. So these requirements are the primary market drivers for 4K technology. This technology has a distinct advantage over its previous display techniques in the areas of higher resolution display. Also, it has four times greater resolution than the regular full HD panels which makes it ideal for high end TV category. As a result of these benefits coupled with rising consumer demand ,the key market players are heavily adopting 4k technology.
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Personal and commercial applications are the two broad categories in which the 4K display is segmented . Household, Business, and education, aerospace; defense, retail, and advertisement are some of the major areas of the application of this product. Television sets are the original use of 4K panels also this board can be used in personal computers, industrial purposes, and Smartphone. This in turn is projected to increase the demand for 4K panels over the forecast peirod.
Adoption of 4K technology is expected to witness rapid growth in Asia Pacific Region in the near future . Also, China is expected to become a leader in Shipment of 4K TV over the coming years. North America has been the early-adopter of this technology early and is anticipated to exhibit high growth over the forecast period.
There are many companies are present in the 4K display market. Many companies are launching new innovative products in this segment. For example, Samsung Electronics has launched Curved 4K TV which is first in its category. Other leading players in the market are LG Electronics, Au Optronics Corp, Panasonic, Sharp, Sony, Eizo, canon, etc. Walt Disney Company, Warner Brothers, Sony Pictures, and Paramount Pictures have combined and have set the standard for 4K for Digital Cinema.
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4K Display Application Outlook (Volume & Revenue, 2012 - 2020)
• Consumer Electronics
• Aerospace and Defense
• Business and Education
4K Display Regional Outlook (Volume & Revenue, 2012 - 2020)
• North America
• Asia Pacific
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