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Technavio’s market research analyst predicts that the global metal oxide TFT backplane market will grow at a significant CAGR of just over 24% during the forecast period. One of the key drivers influencing the growth of this market is the rising demand for UHD LCD TVs. During 2015 alone, more than 28 million UHD LCD TVs were shipped globally. The price of UHD TV is much higher than HD TV, because of features like picture clarity and very high resolution. UHD TVs also offer features like wide field of view, better color range, and a high dynamic range. Superior optical quality and a better viewing experience are reasons which will have a positive impact on market growth during this forecast period.
Another factor propelling the growth of this market is the impact of technological advances like the emergence of 3D UHD TVs with 4K pixel resolution. The global UHD market currently incorporates 3D technology in UHD TVs, and such units are in high demand. Many 3D channels are being added by TV stations so that movies and football matches can be broadcast in this format for an enhanced viewing experience.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Display industry overview
PART 06: Market landscape
PART 07: Key developments
PART 08: Market segmentation by application
PART 09: Market segmentation by technology
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Summary of key figures
PART 18: Appendix
PART 19: Explore Technavio
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