4K display monitors are high resolution monitors with horizontal display resolution of approximately 4,000 pixels. 4k displays provide a high resolution picture quality, these monitors are used in various sectors for media and entertainment, consumer electronics and retail. The demand global 4k display market is growing rapidly due to changing consumer preferences. Vendors providing 4K displays are focusing on providing more efficient solutions at a competitive price.
MARKET SCOPE
The "Global 4K Display Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the 4K display market with detailed market segmentation by product, refresh rate, display technology, and geography. The report provides key statistics on the market status of the leading 4K display market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on product, the global 4k display market is segmented into monitor TV, smartphone, and others.
? On the basis of refresh rate, the market is segmented into 30 Hz, 60 Hz, 90 Hz, and 120 Hz and above.
? Based on display technology, the market is segmented into active OLED (AMOLED), Passive OLED (POLED), and LCD.
MARKET DYNAMICS
Drivers:
? The changing preferences of consumers, growing popularity of hind end gaming, and increasing focus towards enhancing TV viewing experience are the major factors that are expected to drive the growth of this market.
Restraints:
? High cost of the solutions is expected to impede the growth of 4k display market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 4K display market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the 4K display market in these regions.
IMPACT OF COVID-19 ON 4K DISPLAY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the 4K display market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from 4K display market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 4K display market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? AU Optronics Corp.
? BOE Technology Group
? Haier Group Corporation
? Hisense Group
? LG Display Co. Ltd
? Panasonic Corporation
? Sharp Corporation
? Sony Corporation
? Samsung Electronics Co. Ltd
? Toshiba Corporation