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    Ultra-High Definition (UHD) Panel Market Growth Analysis | 2021-2026

    Ultra-High Definition (UHD) Panel Market Growth Analysis | 2021-2026
    Report code - SR1721 Delivery - 2 Weeks
    Ultra-High Definition (UHD) Panel Market Size, Share, Trends, Dynamics, Forecast, & Gr See more...

    Market Insights

    The ultra-high definition (UHD) panel market was estimated at USD 26.3 billion in 2020 and is likely to grow at a CAGR of 8.6% during 2021-2026 to reach USD 42.8 billion in 2026.

    Figure: Ultra-High Definition (UHD) Panel Market Size, 2020-2026 (USD Billion)

    Ultra-High-Definition-(UHD)-Panel-Market-Forecast

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    What is ultra-high definition (UHD) panel?

    Ultra-high-definition panel is known as the advancement to the full HD. It includes high resolution than full HD panels. Based on display technologies, it can be categorized as liquid crystal display (LCD), light-emitting diode (LED), and organic light-emitting diode (OLED).

    Covid-19 Impact Analysis

    The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of ultra-high definition (UHD) panel declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus. However, the product demand increased significantly post reopening of the economies.

    Ultra-High Definition (UHD) Panel Market- Research Scope

    Base Year of Study

    2020

    Trend Period

    2015-2019

    Forecast Period

    2021-2026

    Market Size in 2020

    US$ 26.3 billion

    Market Size in 2026

    US$ 42.8 billion

    Market Growth (2021-2026)

    8.6% CAGR

     

    Market Drivers

    The global growth of ultra-high definition (UHD) panel market size is primarily driven by widespread product usage in consumer electronics such as smartphones and television. Growing demand for miniaturized electronics is likely to propel market growth at a significant rate during the review period. In addition to this, increasing demand for OLED-based display screens is likely to create lucrative opportunities for the players operating in the global market during the review period.

    Ultra-High-Definition-Panel-Market-Snapshot

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    Segments' Analysis

    Application Trends

    Based on application, the ultra-high definition (UHD) panel market has been divided into home use, industrial, and digital signage. The home-use application accounted for the largest market share in 2020. The segment growth can be attributed to the increasing usage of smartphones and televisions across households.

    Regional Trends

    By region, the North America Ultra-High Definition (UHD) Panel market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the widespread product adoption rate in consumer electronics in the region, particularly in the US. The market growth in the Asia-Pacific region is expected to grow at the highest CAGR during the review on account of increasing penetration of portable consumer electronics particularly in India and China countries.

    Ultra-High-Definition-Panel-Market-Regional-Analysis

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    Critical Questions Answered in the Report

    This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Ultra-High Definition (UHD) Panel market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026. Following are the critical questions answered in the report.

    • What are the key trends in the Ultra-High Definition (UHD) Panel market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the Ultra-High Definition (UHD) Panel market?
    • What are the key strategies adopted by the major vendors to lead in the Ultra-High Definition (UHD) Panel market?
    • What is the market share of the top vendors?

    Key Players

    Key players operating in the Ultra-High Definition (UHD) Panel Market are-

    • Samsung Display Co., Ltd. (South Korea)
    • LG Display (South Korea)
    • Innolux Corporation (Taiwan)
    • AU Optronics (Taiwan)
    • Sharp Corporation (Japan)
    • Haier Group Corporation (China)
    • Panasonic Corporation (Japan)
    • BOE Technology Group Co., Ltd. (China)
    • Koninklijke Philips N.V. (Netherlands)
    • Sony Electronics (US)
    • Hisense Group (China)
    • Sichuan Changhong Electric Co., Ltd. (China)
    • Toshiba Corporation (Japan)

    Target Audience

    The target audience of Ultra-High Definition (UHD) Panel Market includes-

    • Ultra-High Definition (UHD) Panel Vendors
    • Ultra-High Definition (UHD) Panel Manufacturers
    • Ultra-High Definition (UHD) Panel Distributors
    • Organizations
    • Government Bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The ultra-high definition panel market is expected to witness an impressive growth of 8.6% CAGR in the coming years.

    Samsung Display Co., Ltd. (South Korea), LG Display (South Korea), Innolux Corporation (Taiwan), AU Optronics (Taiwan), Sharp Corporation (Japan), Haier Group Corporation (China), Panasonic Corporation (Japan), BOE Technology Group Co., Ltd. (China), Koninklijke Philips N.V. (Netherlands), Sony Electronics (US), Hisense Group (China), Sichuan Changhong Electric Co., Ltd. (China), Toshiba Corporation (Japan) are among the key players in the market.

    The ultra-high definition panel market size is expected to reach USD 42.8 billion in the foreseeable future.

    The home-use application accounted for the largest share in the ultra-high definition panel market in 2020.

    North America accounted for the largest share in the market in 2020.

    Asia-pacific is expected to grow at the highest CAGR in the market in the next five years.