
According to a new market report published by Transparency Market Research "Ultra High Definition (UHD) Panel (4K) Market [By End-use Applications - Televisions, Personal Computers, Smart Phones, Display Screens/Walls, and Others (Camera, Tablets, Notebooks); By Technology - LCD and LED (Includes OLED and AMOLED)] - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020", the market for ultra high definition panel globally is estimated to reach USD 30,404.6 million by 2020. In terms of volume sale, the market for UHD panel is expected to reach 5,704.5 thousand units by 2020, at a CAGR of 9.2% from 2014 to 2020. Factors such as increasing use of UHD displays in commercial sector and proliferating use of UHD TVs in media and broadcasting industry are supporting the growth of ultra high definition panel market.