Global High Definition Television (HDTV) Market by Product Types, Distribution Channel Types and Regions- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The high definition television market is expected to expand, expanding at a CAGR of 2% during the forecast period 2020–2026.
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High definition Television (HDTV) is a new type of television that provides much better resolution than current televisions based on the NTSC standard. HDTV is a digital TV broadcasting format where the broadcast transmits widescreen pictures with more detail and quality than found in a standard analog television, or other digital television formats. HDTV is a type of Digital Television (DTV) broadcast, and is considered to be the best quality DTV format available.
Types of HDTV displays include direct-view, plasma, rear screen, and front screen projection. HDTV requires an HDTV tuner to view and the most detailed HDTV format is 1080i. Since 1917, high definition starts as Full Picture Form. The term high definition once described a series of television systems originating from August 1936; however, these systems were only high definition when compared to earlier systems that were based on mechanical systems with as few as 30 lines of resolution.
The ongoing competition between companies and nations to create true “HDTV” spanned the entire 20th century, as each new system became higher definition than the last. In the 2010s, this race has continued with 4K, 5K and 8K systems. High-definition digital television was not possible with uncompressed video, which requires a bandwidth exceeding 1 Gbit/s for studio-quality HD digital video. Digital HDTV was made possible by the development of discrete cosine transform (DCT) video compression.
Market Trends, Drivers, Restraints, and Opportunities:
- Decrease in cost of HDTVs has been an aspect that is driving this market. The decrease in price can be contributed to the various number of HDTV manufacturers in the market trying to hold and increase their market share.
- Rise in demand for various new television series has been a factor that is driving the market. The channel providers are providing with the new episodes of any series during its release date. This has increased the viewership for television.
- The decrease in costs of HDTVs has led to decrease in profits for the manufacturers. This has been a factor that is restraining this market. The rise of various over-the-top (OTT) platforms has also made the demand for HDTVs decrease.
- There is a huge potential for manufacturers in tapping into different regions to grow their business. There is a huge potential for growth in Middle East and Africa and Latin America. The countries in these regions are developing and have a huge scope in increasing the HDTV market. The manufacturers can also tap into smart HDTV that can be connected to internet and has in-built OTT platforms in it.
Competitive Landscape:
The global high definition television market has been fragmented by presence of various regional and global players. Some of the major players are LG Electronics Inc., Samsung Electronics Co. Ltd., Sony Corp., TCL Corp., Toshiba Corp., Funai Electric Co. Ltd., Haier Electronics Group Co., Hisense Electric Co., Ltd., KONKA GROUP CO. LTD, Onida Electronics, Panasonic Corporation, Philips, Seiki Digital, Sharp Corp., Sichuan Changhong Electric Co., Ltd, Skyworth Digital Holdings Limited, Videocon Industries Ltd and Vizio Inc. The major players compete with each other on the basis of the innovation in the technology that they provide for the lathe tools holder market. They invest heavily in their research and development to provide their products according to the requirements of their customers.
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The Global High Definition Television Market has been segmented on the basis of
Product Types
- LCD/LED
- OLED
Distribution channel types
- Online
- Offline
Regions
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- High Definition Television (HDTV) Market Overview
- Global High Definition Television (HDTV) Market Analysis and Forecast by Type
- Global High Definition Television (HDTV) Market Analysis and Forecast by Application
- Global High Definition Television (HDTV) Market Analysis and Forecast by Sales Channel
- Global High Definition Television (HDTV) Market Analysis and Forecast by Region
- North America High Definition Television (HDTV) Market Analysis and Forecast
- Latin America High Definition Television (HDTV) Market Analysis and Forecast
- Europe High Definition Television (HDTV) Market Analysis and Forecast
- Asia Pacific High Definition Television (HDTV) Market Analysis and Forecast
- Middle East & Africa High Definition Television (HDTV) Market Analysis and Forecast
- Competition Landscape
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