8K Technology Market – Summary
A screen with resolution around 8000 pixels width is known
as 8K resolution. 8K (UHD) ultra-high definition is the current highest
resolution in digital television. 8K UHD is referred to the screen resolution
of 7680×4320. The screen resolution in 8K
UHD is twice the horizontal and vertical pixels in 4K UHD, as well as
four times linear resolution of 1080 pixels in full HD. This technological
advancement is being observed year on year with increasing demand for
ultra-high definition screen or display among end users, owing to enhanced
picture quality, image depth, and brighter colors. Along with technological
development in television, monitor and notebook, there is significant
development observed in professional camera and projectors. The high pixel count
in 8K UHD resolution offers high clarity of images and better viewing angles.
8K technology displays are used in consumer electronics, commercial
applications, and medical applications.
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8K Technology Market – Driving Factors
One of the major driving factor for the growth of global 8K
technology market is increasing use of 8K UHD screen or display in television.
Use of technologically advanced 8K UHD television is increasing among end users
owing to its ultra-high definition image, high resolution, and better viewing
angle. Consumer electronic is expected to increase the demand of consumer goods
such as television, monitor and notebooks as it is consider as major segment
contributing to the growth of 8K technology market. Moreover, in sports and
entertainment industry, use of technologically advanced camera is increasing as
it has capability to capture the image with high resolution picture clarity
from a long distance. Additionally, in entertainment industry 8K technology
enabled camera is experiencing the growth owing to increasing demand from
filmmakers and professional photographers due to its ability to capture better
images. As a result of this, demand of 8K technology in commercial applications
is expected to drive the market at a rapid pace during forecast period.
Moreover, in medical applications 8K technology display
devices are gradually increasing. Use of 8K UHD displays are helpful during
surgery as it provides enhanced image of tissue structures to differentiate
between infected and damaged tissues. Hence, adoption of 8K UHD displays are
preferred over traditional imaging technique. Furthermore, increasing consumer
interest in using large screen TVs with 8K technology in order to have theater
like experience at home or to play video games for their entertainment is
anticipated to offer an opportunity to 8K technology market. However, high
price of the devices with 8K technology and limited availability of 8K
technology products in the market are expected to be the restraining factors
for growth of global 8K technology market.
8K Technology Market – Key Players
Some of the key players operating in the global 8K
technology market with significant developments include Samsung
Electronics, LG Electronics, Sony Corporation, BOE Technology, Panasonic
Corporation, Sharp Corporation, JVCKENWOOD Corporation, Canon Inc., Red Digital
Cinema, Dell Technologies, Leyard Optoelectronic, AU Optronics Corp., Japan
Display Inc., Innolux Corporation, and Digital Projection among others.
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