What is Global High-Definition Television (HDTV) Market?
The Global High-Definition Television (HDTV) Market is a comprehensive study of the current trends and future estimations in the global market. It provides a detailed analysis of the market with its focus on key aspects such as leading companies, product types, and leading applications of the product. Essentially, HDTV is a digital television broadcasting system with higher resolution than traditional television systems. HDTVs are digitally broadcast because the pixels are smaller than in a standard television, giving a higher resolution image. The global HDTV market is experiencing significant growth due to the increasing demand for high-quality picture and sound, as well as the growing number of digital channels. The market is also driven by technological advancements and the increasing adoption of innovative viewing technologies such as 3D and 4K. However, the high cost of HDTVs and the need for high-speed internet for streaming HD content are some of the factors that may hinder the market growth. Despite these challenges, the market is expected to grow steadily over the forecast period, driven by the increasing consumer demand for high-quality home entertainment.
OLED TV, LCD/LED TV, Others in the Global High-Definition Television (HDTV) Market:
The Global High-Definition Television (HDTV) Market is segmented based on the type of television, which includes OLED TV, LCD/LED TV, and others. OLED TVs are known for their superior picture quality, with perfect black levels and wide viewing angles. They are also thinner and lighter than LCD TVs. However, they are more expensive and have a shorter lifespan. On the other hand, LCD/LED TVs are more affordable and offer good picture quality, although not as good as OLED TVs. They also have a longer lifespan. The 'others' category includes types like plasma TVs, which are no longer in production, and future technologies that are still in development. Each type of HDTV has its own advantages and disadvantages, and the choice depends on the consumer's preference and budget.
Online Retail, Offline Retail in the Global High-Definition Television (HDTV) Market:
The Global High-Definition Television (HDTV) Market is also segmented based on the distribution channel, which includes online retail and offline retail. Online retail has been gaining popularity due to the convenience it offers. Consumers can browse through a wide range of products at their own pace, read reviews, and compare prices before making a purchase. Moreover, online retailers often offer attractive discounts and deals. On the other hand, offline retail includes physical stores where consumers can see and test the product before buying. Despite the growth of online retail, offline retail still holds a significant share in the market as many consumers prefer to buy electronics from physical stores.
Global High-Definition Television (HDTV) Market Outlook:
The Global High-Definition Television (HDTV) Market outlook has been recently influenced by a shift in manufacturers' focus towards the production of high technology-enabled LCD and LED TVs. This shift is expected to result in a modest growth rate for the market, with a Compound Annual Growth Rate (CAGR) of nearly 2% projected by 2019. This change in preference is due to the numerous advantages offered by these types of TVs, such as better picture quality, energy efficiency, and longer lifespan compared to traditional TVs. However, the growth rate is considered slow due to the high cost of these TVs, which may deter some consumers. Nevertheless, the market is expected to continue growing steadily as more consumers recognize the benefits of high-definition television.
| Report Metric | Details |
| Report Name | High-Definition Television (HDTV) Market |
| CAGR | 2% |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | LG, Panasonic, Samsung, Sony, TCL, Toshiba |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
