Report Scope & Overview:
The Super Hi-Vision Market size was valued at USD 59.20 Bn in 2022 and is expected to reach USD 305 Bn by 2030 and grow at a CAGR of 22.76% over the forecast period 2023-2030.
Super hi-vision is a digital display format that can display about sixteen times the original pixels accessible with High-Definition (HD) display technology. It enhances the sharpness of images and adds 3D sound to make films more lifelike. Cameras, TVs, smartphones, laptops, and projectors all have super high-vision technology.
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Super hi-vision televisions, often known as Ultra HD television or UHDTV, have recently become the most popular format. UHDTVs are available in two digital video formats: 4K UHDTV (2160-pixel resolution) and 8K UHDTV (4320-pixel resolution). UHDTVs offer frame rates ranging from 50 to 120 frames per second, delivering blur-free and flicker-free video. With the introduction of ultra-high-definition technology came the introduction of new video and audio codec formats such as VP9 and High-Efficiency Video Coding (HVEC) enabling quicker data transfer rates.
Increasing Demand for High-Resolution Display Screens.
Display Technology Advances in Consumer Electronics.
The 8K product has a high price and a prime cost.
In the advertising and media industries, applications like as digital signs and banners provide several prospects for growth.
The availability of high-speed internet is presently a big concern.
IMPACT OF COVID-19:
The COVID-19 epidemic has had a massive influence on people's lives all around the world. Every firm must fight on two fronts—health and economic—and must weather this period of forced recession. With the global economic crisis costing trillions of dollars, there is widespread concern that the recovery phase may last far into early next year. Manufacturers are figuring out how to recover from the current circumstances by reconfiguring their sales channels and product innovation. The length of the viral spread remains an important aspect in determining the pandemic's overall impact. The worldwide Super Hi-Vision sector, on the other hand, is predicted to stabilize beyond 2022. The epidemic had no effect on the booze sector.
During the projection period, 8K is predicted to increase at the fastest CAGR. Because of its high pixel count of around 8000 pixels and 60 frames per second, the 8K resolution provides two times the quality of photos, films, and other media than the existing HD and 4K resolutions. However, as compared to HDTV, UHDTV allows the viewer to be considerably closer to the display, providing a superior viewing experience at a 100-degree wide-angle view. Aside from video, it also has improved audio quality, which is projected to drive the 8K SHV industry.
Television is witnessing rapid expansion, particularly in 8K UHD TV due to its high pixel counts, and firms are producing very big LCD sheets, known as a mother glass, from which TV display panels are cut. As a result, larger panels may be manufactured with wless aste, lowering costs and consumer pricing.
KEY MARKET SEGMENTS:
On The Basis of Type
On The Basis of Application
Television broadcasting and commercial electronics
Space science and defense sectors
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Due to the existence of a big consumer population and a number of players, such as Sharp and BOE Japan, the Asia-Pacific region is a key revenue provider to the market examined. Japan has been aggressively investing in the creation of ultra-high-vision gadgets in recent years, while also supporting technological factors. As a result, Japan has dominance in terms of permitting and transmitting 8K video. China is predicted to emerge as the market leader due to rising demand throughout the forecast period. China is a large market with the capacity to handle 8K device mass manufacture. This suggests that if the technology is established and becomes the norm, Chinese manufacturers would likely drop their prices, and local manufacturers will enter the market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The major key players are Dell, RED.com, LLC, BOE Japan, Ikegami Tsushinki Co., Ltd., Sharp Corporation, Hisense, Canon Inc., Panasonic Corporation TCL Corporation, LG Electronics, Samsung & Other Players.
BOE Japan-Company Financial Analysis
|Market Size in 2022||US$ 59.20 Billion|
|Market Size by 2030||US$ 305 Billion|
|CAGR||CAGR of 22.76% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Type (8K, and 4K)
• by Application (Television broadcasting and commercial electronics, Camera lenses, medical science, and Space science and defense sectors)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Dell, RED.com, LLC, BOE Japan, Ikegami Tsushinki Co., Ltd., Sharp Corporation, Hisense, Canon Inc., Panasonic Corporation TCL Corporation, LG Electronics, Samsung|
|Key Drivers||• Increasing Demand for High-Resolution Display Screens.
• Display Technology Advances in Consumer Electronics
|RESTRAINTS||• The 8K product has a high price and a prime cost.|
Ans: - Super Hi-Vision market size was valued at USD 59.20 Bn in 2022.
Ans: - The availability of high-speed internet is presently a big concern.
Ans: - China is predicted to emerge as the market leader due to rising demand throughout the forecast period.
Ans: - The primary growth tactics of Super Hi-Vision market participants include merger and acquisition, business expansion, and product launch.
Ans: - The study includes a comprehensive analysis of Super Hi-Vision Market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Super Hi-Vision Market Segmentation, by Type
9. Super Hi-Vision Market Segmentation, by Application
9.1 Television broadcasting and commercial electronics
9.2 Camera lenses
9.3 Medical science
9.4 Space science and defense sectors
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profiles
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 BOE Japan
11.3 Ikegami Tsushinki Co., Ltd.
11.4 Sharp Corporation
11.6 Canon Inc
11.7 Panasonic Corporation
11.8 LG Electronics
11.10 TCL Corporation
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
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