NEW YORK, Oct. 13, 2022 /PRNewswire/ -- The global 4K2K TV market size is expected to grow by USD 23.17 billion, accelerating at a CAGR of 7.7% from 2021 to 2026. The report identifies Haier Smart Home Co. Ltd., Havells India Ltd, Hisense International Co. Ltd., Koninklijke Philips NV, and Konka Group Co. Ltd. among others as key vendors in the market. The presence of several regional and global players has made the market structure to become fragmented in nature. These vendors are adopting organic growth strategies, such as technological innovations and new product launches, to diversify their product portfolios to remain competitive in the market. Get deeper insights into the vendor landscape, product launches, and successful growth strategies adopted by vendors. Buy Report Now
The market is driven by the growing demand for projectors in the education and corporate sectors. The advanced features of projectors, such as compatibility with laptops and media players and the ability to display presentations, videos, and photos on a large screen, have boosted their adoption in education and corporate sectors. In the education sector, they are used in schools and colleges, as classrooms are going paperless. In addition, the increased emphasis on smart classrooms and e-learning is rising the demand for projectors among educational institutes. Similarly, in the corporate sector, they are used in activities such as business presentations and the discussion of project plans. All these factors are fostering the growth of the market.
However, the high cost of 4K2K TVs will hinder the growth of the market. 4K2K TVs are priced higher than other display products. For instance, the average cost of 4K2K TVs is between USD 1,000 and USD 40,000. High-end projectors meant for professional use in large auditoriums can cost around USD 200,000. These devices also come with high maintenance costs as they are backed with advanced technologies. This makes many small- and medium-sized companies that have limited budgets reluctant to purchase 4K2K TVs, thereby reducing the growth potential of the market.
Get highlights on the factors impacting the market growth. Download Sample PDF Report Now
The global 4K2K TV market is fragmented. Vendors are focusing on expanding their product portfolios by developing advanced technologies and obtaining regulatory approvals for new products. The launch of new products with innovative technologies will strengthen the product portfolios of manufacturers and their position in the market. Market players also adopt organic and inorganic growth strategies to gain a competitive edge in the market. They adopt organic growth strategies, such as technological innovations and new product launches, to diversify their product portfolios. Similarly, vendors also adopt inorganic growth strategies, such as partnerships and collaborations with end-users and distributors, to increase their sales volumes and revenue.
Technavio identifies the following as the dominant players in the market.
- Haier Smart Home Co. Ltd.
- Havells India Ltd
- Hisense International Co. Ltd.
- Koninklijke Philips NV
- Konka Group Co. Ltd.
- LG Corp.
- OnePlus Technology Co. Ltd.
- Panasonic Corp
- Samsung Electronics Co. Ltd.
- Sharp Corp.
- Shinco Technology Co. Ltd.
- Snap One LLC
- Sony Group Corp.
- TCL Electronics Holdings Ltd
- Toshiba Corp.
- Videocon Industries Ltd.
- Videotex International Pvt. Ltd.
- VIZIO Holding Corp. Inc.
- Westinghouse Electric Corp.
- Xiaomi Inc
- 60 to 69 inches - size and forecast 2021-2026
- 50 to 59 inches - size and forecast 2021-2026
- Less than 49 inches - size and forecast 2021-2026
- 70 to 79 inches - size and forecast 2021-2026
- 80 and above - size and forecast 2021-2026
- APAC - size and forecast 2021-2026
- North America - size and forecast 2021-2026
- Europe - size and forecast 2021-2026
- South America - size and forecast 2021-2026
- The Middle East and Africa - size and forecast 2021-2026
Identify major revenue-generating segments and regions in the market. Download Sample PDF Report Before Purchasing
- Broadcasting Cable TV Market by Revenue Stream, Application, and Geography - Forecast and Analysis 2022-2026
- Smart TV Sticks Market by Type and Geography - Forecast and Analysis 2022-2026
4K2K TV Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.7% |
Market growth 2022-2026 |
USD 23.17 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.71 |
Regional analysis |
APAC, North America, Europe, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 39% |
Key consumer countries |
US, China, India, Japan, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Haier Smart Home Co. Ltd., Havells India Ltd, Hisense International Co. Ltd., Koninklijke Philips NV, Konka Group Co. Ltd., LG Corp., OnePlus Technology Co. Ltd., Panasonic Corp, Samsung Electronics Co. Ltd., Sharp Corp., Shinco Technology Co. Ltd., Snap One LLC, Sony Group Corp., TCL Electronics Holdings Ltd, Toshiba Corp., Videocon Industries Ltd., Videotex International Pvt. Ltd., VIZIO Holding Corp. Inc., Westinghouse Electric Corp., and Xiaomi Inc |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Display Size
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Display Size
- 5.1 Market segments
- Exhibit 24: Chart on Display Size - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Display Size - Market share 2021-2026 (%)
- 5.2 Comparison by Display Size
- Exhibit 26: Chart on Comparison by Display Size
- Exhibit 27: Data Table on Comparison by Display Size
- 5.3 60 to 69 inches - Market size and forecast 2021-2026
- Exhibit 28: Chart on 60 to 69 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on 60 to 69 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on 60 to 69 inches - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on 60 to 69 inches - Year-over-year growth 2021-2026 (%)
- 5.4 50 to 59 inches - Market size and forecast 2021-2026
- Exhibit 32: Chart on 50 to 59 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on 50 to 59 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on 50 to 59 inches - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on 50 to 59 inches - Year-over-year growth 2021-2026 (%)
- 5.5 Less than 49 inches - Market size and forecast 2021-2026
- Exhibit 36: Chart on Less than 49 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Less than 49 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Less than 49 inches - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Less than 49 inches - Year-over-year growth 2021-2026 (%)
- 5.6 70 to 79 inches - Market size and forecast 2021-2026
- Exhibit 40: Chart on 70 to 79 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on 70 to 79 inches - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on 70 to 79 inches - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on 70 to 79 inches - Year-over-year growth 2021-2026 (%)
- 5.7 80 and above - Market size and forecast 2021-2026
- Exhibit 44: Chart on 80 and above - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Data Table on 80 and above - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Chart on 80 and above - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on 80 and above - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by Display Size
- Exhibit 48: Market opportunity by Display Size ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.10 US - Market size and forecast 2021-2026
- Exhibit 82: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 90: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 91: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 92: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 98: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 99: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification
- 10.3 Haier Smart Home Co. Ltd.
- Exhibit 101: Haier Smart Home Co. Ltd. - Overview
- Exhibit 102: Haier Smart Home Co. Ltd. - Business segments
- Exhibit 103: Haier Smart Home Co. Ltd. - Key offerings
- Exhibit 104: Haier Smart Home Co. Ltd. - Segment focus
- 10.4 Hisense International Co. Ltd.
- Exhibit 105: Hisense International Co. Ltd. - Overview
- Exhibit 106: Hisense International Co. Ltd. - Business segments
- Exhibit 107: Hisense International Co. Ltd. - Key offerings
- Exhibit 108: Hisense International Co. Ltd. - Segment focus
- 10.5 Koninklijke Philips NV
- Exhibit 109: Koninklijke Philips NV - Overview
- Exhibit 110: Koninklijke Philips NV - Business segments
- Exhibit 111: Koninklijke Philips NV - Key news
- Exhibit 112: Koninklijke Philips NV - Key offerings
- Exhibit 113: Koninklijke Philips NV - Segment focus
- 10.6 LG Corp.
- Exhibit 114: LG Corp. - Overview
- Exhibit 115: LG Corp. - Business segments
- Exhibit 116: LG Corp. - Key offerings
- Exhibit 117: LG Corp. - Segment focus
- 10.7 Panasonic Corp
- Exhibit 118: Panasonic Corp - Overview
- Exhibit 119: Panasonic Corp - Business segments
- Exhibit 120: Panasonic Corp - Key news
- Exhibit 121: Panasonic Corp - Key offerings
- Exhibit 122: Panasonic Corp - Segment focus
- 10.8 Samsung Electronics Co. Ltd.
- Exhibit 123: Samsung Electronics Co. Ltd. - Overview
- Exhibit 124: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 125: Samsung Electronics Co. Ltd. - Key news
- Exhibit 126: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 127: Samsung Electronics Co. Ltd. - Segment focus
- 10.9 Sharp Corp.
- Exhibit 128: Sharp Corp. - Overview
- Exhibit 129: Sharp Corp. - Business segments
- Exhibit 130: Sharp Corp. - Key news
- Exhibit 131: Sharp Corp. - Key offerings
- Exhibit 132: Sharp Corp. - Segment focus
- 10.10 Sony Group Corp.
- Exhibit 133: Sony Group Corp. - Overview
- Exhibit 134: Sony Group Corp. - Business segments
- Exhibit 135: Sony Group Corp. - Key news
- Exhibit 136: Sony Group Corp. - Key offerings
- Exhibit 137: Sony Group Corp. - Segment focus
- 10.11 TCL Electronics Holdings Ltd
- Exhibit 138: TCL Electronics Holdings Ltd - Overview
- Exhibit 139: TCL Electronics Holdings Ltd - Business segments
- Exhibit 140: TCL Electronics Holdings Ltd - Key news
- Exhibit 141: TCL Electronics Holdings Ltd - Key offerings
- Exhibit 142: TCL Electronics Holdings Ltd - Segment focus
- 10.12 Toshiba Corp.
- Exhibit 143: Toshiba Corp. - Overview
- Exhibit 144: Toshiba Corp. - Business segments
- Exhibit 145: Toshiba Corp. - Key news
- Exhibit 146: Toshiba Corp. - Key offerings
- Exhibit 147: Toshiba Corp. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 148: Inclusions checklist
- Exhibit 149: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 150: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 151: Research methodology
- Exhibit 152: Validation techniques employed for market sizing
- Exhibit 153: Information sources
- 11.5 List of abbreviations
- Exhibit 154: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article