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

Market Insights

"The global ultra-high definition (UHD) panel market size 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."

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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).

Market Dynamics

Market Drivers

The global growth of 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.

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.

Segments' Analysis

Application Trends

"The home use segment accounted for the largest market share."

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 Insights

"North America accounted for the largest market share."

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.

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Key Players

The following are the key players in the UHD Panel Market (arranged alphabetically).

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

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the global market.

What Deliverables Will You Get in this Report?

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s ultra-high definition (UHD) panel market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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