4K TVs Market Size and Growth
The global 4K TVs market is projected to witness significant growth, driven by increasing demand for high-quality viewing experience. Market size is estimated to reach $157.9 billion by 2027, with a CAGR of 21.2% during the forecast period. Key factors include technological advancements, rising disposable income, and growing consumer preference for superior picture quality.
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Companies Covered (Covid 19 Impact Covered)
◍ Samsung
◍ LG
◍ SONY
◍ Sharp
◍ Panasonic
◍ Toshiba
◍ Seiki (Tongfang)
◍ Hisense
◍ Skyworth
◍ Changhong
◍ TCL
◍ Konka
◍ Philips(Suning)
◍ Haier
The competitive landscape of the 4K TVs market is dominated by companies like Samsung, LG, SONY, Sharp, Panasonic, Toshiba, Seiki (Tongfang), Hisense, Skyworth, Changhong, TCL, Konka, Philips (Suning), and Haier. These companies leverage advancements in technology, design, and marketing strategies to drive growth and expand their offerings in the 4K TVs market.
- Samsung: $98.98 billion in sales revenue.
- LG: $58.53 billion in sales revenue.
- SONY: $65.06 billion in sales revenue.
- Hisense: $16.25 billion in sales revenue.
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