UltraHD TVs Grow at 107% CAGR to 2018

By Super User
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A report by TechNavio, on the worldwide UltraHD market (http://tinyurl.com/o2ada4b), says that UltraHD TV market will grow at a 106.8% CAGR between 2013 and 2018.

Only LCD and OLED TVs will have UltraHD as a feature – not CRT or plasma models. ‘Most’ LCD TVs will have UltraHD resolution in the coming years, says TechNavio; others ‘will have the feature to upgrade’. LCD technology will continue to dominate until the end of the forecast period. CRT and plasma TVs will disappear, while OLED will grow slowly – mainly due to high prices.

UltraHD TVs in general will experience declining prices. Chinese vendors will mainly be responsible for this. However, China will also present the market’s largest challenge. TV demand in the country is slowing, following the end of a government subsidy programme.

Emerging markets such as LATAM, India and APAC will be major growth drivers for the UltraHD TV market.