According to a new market research report "4K Market by Product Types (Digital Camera, Monitor, Projectors, Smart TV, Smartphone and Tablets), Resolution, Application (Aerospace & Defense, Business & Education, Consumer Electronics, and Entertainment), and Geography - Analysis & Forecast to 2014 - 2020" published by MarketsandMarkets, the total market is expected to generate revenue of $371.35 Billion by 2020, at an estimated CAGR of 36.33% from 2012-2020.
Browse 110 market data Tables and 46 Figures spread through 320 Pages and in-depth TOC on "4K Market".
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4K Market offers four times the resolution of 1080p both horizontally and also vertically. The increased pixel size improves the picture clarity and provides the user exceptional viewing experience. This 4096x2160 resolution offers an ecosystem for content creation and is also uniquely modified for various applications such as aerospace & defense, business & education, consumer electronics, entertainment, retail & advertisement, and so on.
4K resolution provides better image features and is a new resolution standard which is adopted by a number of companies in its products. This has the capability to improve the image by providing great quality, good texture blurred free image, and best video recording. This resolution standard is being used in a number of applications in consumer electronics, business services, entertainment, and digital cinemas. In current scenario, the Americas are the leader in the 4K market. The North American market was dominant in 2013. APAC is expected to leave behind U.S. and APAC is considered to be the main important area for the consumer electronic products and is expected that consumer electronics combined with the 4K products will penetrate more into this market.
The consumer electronics market is witnessing high demand for the 4K market. The video camera provided by Sony Corporation (Japan) FDR-AX1 is a 4K video camera, its high resolution smartphone include Sony Xperia Z2 phone which records 4K video. There are a large number of 4K TVs available in the market which provides large screen experience combined with excellent picture quality. People nowadays want good picture quality with big screens and these high resolution TVs are acting as the best platform for it. The projectors with 4K resolution can be used for business purposes and cinemas. The other application includes digital signages and laptops. The advancement of digital broadcasting has created a strong competition between Japan and Korea in the 4K broadcasting business.
Apart from consumer’s electronics market, this resolution is also used in the entertainment industry. There is great demand of good superior video recording in cinema industry. Many companies are using high resolution in their digital cinema cameras. These cameras are used for recording movies at a good quality. Projectors with 4096x2160 resolutions also provide good quality video and great images. REDRAY is first 4K cinema player provided by Red Digital Cinema Company (U.S.) which provides high quality content to homes, theatres, and business processes.
4K resolution is a new resolution standard which has revolutionized the display industry. As quality of the image depends upon its pixels, this presents better quality images due to its high pixels. There are many formats of 4K which have different width and height of the pixels. The advantages are clear-crisped picture presentation, better quality, less blurred and sharp images. It can be used in a number of devices such as TVs, smartphones, cameras, camcorders, blu-ray players, and laptops. This 4096x2160 resolution can be used in a number of applications like business, consumer electronics, aerospace, and defense.
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Sony Corporation (Japan) is one of the leaders in 4K market. It provides a number of 4K products which can be used for various applications. The company’s operating segments are in games, movies, financial services, and in music. Sony’s 4K product line includes cameras, TVs, camcorders, and smartphones. Sony believes in providing new product and technologies. In January 2014, the company expanded its product line by introducing new media players compatible with the 4K service. It introduced three series of 4K BRAVIA TVs and new models of home theater TVs “VPL-VW500ES” and “VPL-VW1100ES”. The introduction of new innovative products with upgraded technologies helped in strengthening its market position.
EIZO Corporation (Japan) is one of the leading manufacturers of display monitors. Its monitors are being used in a number of applications for business, home services, games, medical, and defense services. Its ‘ColorEdge’ and medical monitor RadiForce LS580W provides 4096x2160 resolutions.
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