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Global 4K TV Industry to 2027 – Rising Consumer Spending Power Drives Demand – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global 4K TV Market to 2027” Report has been added to from ResearchAndMarkets.com offer.

4K television is commonly referred to as ultra-high television. The 4K TV offers 4000 pixel resolution and vibrant colors with high picture quality.

These televisions are used in concerts and live shows. Also, 4K television is used in military, aerospace, medical and game consoles. Rising consumer purchasing power has increased the demand for the 4K TV market, during this forecast period.

Rising consumer disposable income will increase the demand for 4K TV, which is expected to drive the growth of the global 4K TV market.

In addition, continuous developments by manufacturers in the electronics industry have reduced prices. It is expected to propel the growth of the global 4K TV market. Additionally, the increase in technological advancement will have a positive impact on the growth of the global 4K TV market.

However, the high price of 4K TV is the major restraining factor expected to hinder the growth of the global 4K TV market.

Market segmentation

By size

  • Below 52 inches

  • 52 to 65 inches

  • Above 65 inches

By screen type

Per end user

By region

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

Companies cited

  • LG Electronics Inc.

  • Sony Company

  • Samsung

  • Sharp Corporation

  • Hisense

  • Phillips

  • panasonic

  • TCL

  • Toshiba Company

  • Vizio

For more information about this report, visit https://www.researchandmarkets.com/r/90zm3g.