8K TV is a newly introduced TV, which is an advanced version of 4K TV. These TVs offer higher resolution in comparison to 4K. 8K TVs moves up to 7,680 x 4,320 pixels, while 4K TVs are 3,840-1,260 pixels. That means the number of horizontal as well as vertical pixels in 8K TVs is double of that in 4K TVs. Samsung and Sony are two of the prominent players in the 8K TV industry; however, some other players have announced their plans to launch 8K TVs soon.
The 8K TV market is at a primitive stage as it's a very new technology and has been commercialized by only a few players in the market. The high cost of these TVs, as well as lack of 8K content availability, are the key reasons hampering the growth of the market. However, with advancements in technology and mass production, the price of these TVs is anticipated to decrease in the near future. Further, the increasing spending capability of people in developing economies as well as the rising demand for luxury consumer electronics is expected to bolster the 8K TV market.
The "Global 8K TV Market Analysis to 2027" is a specialized and in-depth study of the 8K TV industry with a special focus on the global market trend analysis. The report aims to provide an overview of 8K TV market with detailed market segmentation by screen size, end-user, and geography. The global 8K TV market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 8K TV market players and offers key trends and opportunities in the market.
The global 8K TV market is segmented on the basis of screen size and end-user. Based on the screen size, the 8K TV market is segmented into up to 70 inches, 71-90 inches, and 91 inches and above. The end-user segment of 8K TV market is bifurcated into commercial and residential.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global 8K TV market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to four major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of World (RoW). The 8K TV market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 12 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the 8K TV 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 four regions namely; North America, Europe, APAC, and RoW after evaluating political, economic, social and technological factors affecting the 8K TV market in these regions.
The reports cover key developments in the 8K TV 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 the way for the expansion of business and customer base of market players. The market payers from 8K TV market are anticipated to lucrative growth opportunities in the future with the rising demand for 8K TV in the global market. Below mentioned is the list of few companies engaged in the 8K TV market.
The report also includes the profiles of key 8K TV companies along with their SWOT analysis and market strategies. 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.
- LG Electronics
- Sony Corporation
Other Market Players from Value Chain:
Changhong, Hisense, Konka, Skyworth, and TCL are few other market players from value chain which are not profiled in the report but the can be included based on request.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.