Smart TV Market Size To Reach $292.55 Billion By 2025

The global smart TV market is expected to reach USD 292.55 billion by 2025, according to a new report by Grand View Research, Inc. The introduction of 4K resolution-equipped televisions, coupled with the shifting preference toward OLED and QLED displays, is expected to emerge as a major trend in the smart TV industry.

Streaming devices such as Apple TV, Amazon Fire TV, and Google Chromecast are changing the consumers’ viewing experience. Several manufacturers are teaming up with OTT content and device providers to provide built-in features with no further requirement of a set-top box. For instance, TCL Corporation has teamed up with Roku, Inc. and introduced a 4K HDR Roku TV. The China-based vendor is using the Roku platform for its television product line. Additionally, Hitachi, Ltd., Hisense Co. Ltd, and Sharp Corporation have also teamed up with Roku, Inc. to provide such features.

Key players have developed their proprietary operating systems or have partnered with open source providers in order to offer a plethora of apps to their customers. For instance, Google Inc.’s Android OS is widely used in televisions manufactured by Sony Corporation, LG Electronics, Inc., TCL Corporation, and Koninklijke Philips N.V.

Several regional players are focusing on expanding their presence globally to gain market share. The industry is witnessing intense rivalry among premium segment as players have exhibited keenness towards introducing and promoting Ultra High Definition (UHD) screens.

The growing popularity of smart homes has supplemented market growth as smart TVs help in enhancing the content viewing experience. As the home entertainment sector is paving its way in smart homes, the market is expected to witness increased demand over the next nine years. Large screen televisions are expected to capture substantial share fueled by rising consumer aspirations and affordable price points. Moreover, people are replacing their existing traditional televisions in the wake of availability of new high-tech and affordable solutions.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/smart-tv-industry

Further key findings from the report suggest:

The 4K UHD segment is expected to witness significant growth over the forecast period. The plummeting prices of these TVs are attracting customers and triggering the demand.
The 46- to 55-inch segment is expected to dominate the market over the forecast period. The growth can be attributed to features such as high resolution and high picture quality with Dolby Digital sound, which can be better experienced on larger screen sizes.
Flat-screen TVs dominated the market in 2016 and are expected to continue doing so due to their relatively lower prices as compared to their curved-screen counterparts.
The Asia Pacific region is expected to dominate the overall smart TV market with an expected CAGR of over 10% throughout the forecast period. The emergence of new players in China is expected to contribute to the regional growth.
The key players in the industry include Samsung Electronics Co. Ltd., LG Electronics, Inc., Sony Corporation, Panasonic Corporation, and Videocon Industries Limited.

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Virtual Reality Market Size Worth $48.5 Billion By 2025

The global virtual reality (VR) market is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025.

Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporation, are venturing into space. The introduction of commercial VR headsets is expected to accelerate market growth over the next two years.

The market can be categorized based on components into hardware and software verticals. The hardware segment dominated the virtual reality market in terms of the overall market share in 2016. The rising demand for smartphone devices is anticipated to complement the growing VR hardware device sales. The increasing penetration of devices, such as smartphones and tablets, is expected to drive the software segment over the forecast period. The increasing demand for VR applications in the gaming and entertainment segments is expected contribute to the market growth.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/virtual-reality-vr-market

Further key findings from the report suggest:

The semi and fully immersive segment dominated the VR market in 2016 in terms of the overall market share. Immersive VR devices aid users to achieve maximum isolation from the real world dimension into the virtual world.
The GTD VR hardware includes sensors, processors, and displays. Furthermore, several companies are working on enhancing the quality of sensors and processors used in VR devices.
In the entertainment and healthcare segments, VR applications can save time and reduce operational costs.
The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016.
The key industry participants include CyberGlove Systems LLC, Barco, Alphabet Inc., HTC Corporation, Oculus VR LLC, and Leap Motion, Inc.

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

Interactive Whiteboard Market Worth $2.36 Billion By 2025

The global interactive whiteboard market size is estimated to reach USD 2.36 billion by 2025 expanding at a CAGR of 6.8% from 2019 to 2025, according to a study conducted by Grand View Research, Inc. Rising need for standalone systems for collaborative meetings and digital learning methods is expected to boost the demand for whiteboards across the world. The introduction of IWBs has technologically transformed in the areas of education, modern business methods, and other commercial spaces. It offers increased involvement of peers through screen sharing and interactive communications. It also provides digital annotation of documents to enable mobility and facilitate ease of operability for end users.

Factors, such as the changing consumer lifestyles and worldwide penetration of the Internet, have favorably impacted the adoption of IWB technologies. This technology is getting integrated at all levels of education including primary, secondary, and higher education. Furthermore, the introduction of advanced learning methods and emphasis on the gamification in education system have boosted the demand for digital learning. Differently-abled students can benefit from the convenience and flexibility that IWBs offer. They provides assistance to students with visual as well as hearing impairment. Also, real-time online classes ensure that the unique learning requirements of each student are met satisfactorily with minimal cost of learning. Several government initiatives across the world aimed at transforming the conventional blackboard classrooms into digital ones will augment the demand.

Thus, increasing implementation of virtual learning and e-learning environments across the globe, particularly in developing countries, is further expected to bolster the market growth over the forecast period. However, high complexity and integration cost along with the lack of technical knowledge and training pertaining to the use of information and communication technologies may hinder the growth. Moreover, insufficient funding and resources are some of the major challenges faced by educational institutions, which may restrain the growth. Additionally, increasing penetration of interactive flat panel displays and availability of other substitute technologies, such as holographic and multi-touch interactive displays, in the education sector are expected to impede the interactive whiteboard (IWB) market growth.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/interactive-whiteboard-market

Further key findings from the study suggest:

Increasing adoption of emerging learning techniques in the education industry through the use of interactive technologies is likely to drive the market over the forecast period
Capacitive IWBs is expected to register the highest CAGR over the forecast period as they facilitate better content management and deliver high-quality content
Portable IWBs have a high demand from the commercial sector as they have compatibility between various business tools and offer support through advanced analytics
Front projection technique IWBs are widely used in schools and colleges as they offer brighter screens and are often preferred for large event spaces
However, the demand for rear projection IWBs is projected to expand at the highest CAGR over the forecast period
The product demand in the education application sector held more than 60% of the overall market share and is anticipated to register the highest CAGR of 7.2% in the forecast period
APAC is said to be the fastest-growing region due to rapid evolution of communication systems, digital technologies, and development of educational infrastructure
Prominent industry participants include Cisco Systems, Inc.; Google, Inc.; Hitachi, Ltd.; Microsoft Corporation; and Panasonic Corporation

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

3D Display Market Size Worth $204.16 Billion by 2025

The global 3D display market size is expected to reach USD 204.16 billion by 2025, according to a new study by Grand View Research, Inc., exhibiting a CAGR of 19.4% during the forecast period. Surging demand for enhanced imaging and viewing experience is estimated to be one of the key trends augmenting the market. Rising use of 3D technologies across a variety of applications in several industries will further boost market growth.

North America was the leading revenue contributor in 2016. However, it is projected that Asia Pacific will witness significant growth and become the highest revenue generating regional market by 2025. Robust growth of the entertainment and gaming industries, especially in Japan, China, and India, is poised to play a vital role in revving up the adoption rate over the forecast period. Presence of major OEMs is contributing significantly toward regional growth.

Stereoscopic 3D products are useful in numerous applications including TVs, smartphones, tablets, and computers. Key players in the market have introduced compatibility in HMD with minimum hardware requirement. Multinational conglomerates such as Sony and Samsung prominently operate in the business of HMD.

Emerging display technologies such as OLED are likely to gain increased market penetration over the forecast period owing to increasing implementation in various devices, thereby offering improved picture quality and performance. However, lack of compatible content and high cost of these products are expected to negatively impact the overall market.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/3d-display-market

Further key findings from the study suggest:

The HMD product segment is anticipated to witness significant growth at a CAGR of over 25.0% from 2017 to 2025. The growth of the segment can be attributed to advancements in the technology and lower prices of these displays
The stereoscopic segment represented more than two thirds of the market revenue in 2016. Advancements in autostereoscopic technology are poised to trigger the growth of this segment
The OLED segment is projected to post a CAGR of 27.4% during the forecast period, owing to increasing adoption of OLED displays in numerous electronic devices such as TV, smartphones, tablets, and laptops
TV was the most prominent application segment in 2016, representing closet to 75.0% of the overall market revenue. Consumer electronics manufacturers (CEMs) are trying to enhance viewing experience of users by incorporating 3D display technologies
Asia Pacific is likely to experience the highest growth over the forecast period. Changing consumer preferences in developing economies and flourishing entertainment and gaming industries are escalating the demand for 3D displays
Global players include Samsung, LG, Sony, Toshiba, Sharp, Panasonic, Nikon, Canon, and Fujifilm. These key players are adopting organic and inorganic growth strategies such as investments in R&D, product innovation, and M&A activities to acquire larger industry share.

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

Digital Signage Market Size Worth $31.71 Billion by 2025

The global digital signage market size is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 8.0% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the growth. In terms of shipments, the market was estimated at 3,500 thousand units in 2018 and is expected to reach 6,451 thousand units by 2025.

The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.

Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage helps companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.

Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.

Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes associated with the traditional marketing activities.

The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/digital-signage-market

Further key findings from the study suggest:

LCD digital signage led the global display market in 2018 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology
Retail and transportation led the market with over 18% of the total revenue in 2018 and are projected to remain the highest revenue-generating segments over the next eight years
Healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients
Transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities and emerging touchscreen displays with multi-touch technology
Interactive apps for kiosks and other digital signage products are projected to spur the growth of software segment
The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment
The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications
Retail will attract the integration of interactive product recognition technology, which will allow the customers to scan the products themselves
Asia Pacific for digital signage market is likely to witness a robust CAGR over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels
North America accounted for the largest market share in 2018, owing to the high demand for digital signage across various application sectors, on account of technological advancements and presence of modern customer base

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

4K TV Market Size Worth $380.9 Billion By 2025

The global 4K TV market is expected to reach USD 380.9 billion by 2025, according to a new report by Grand View Research, Inc. The evolving nature of the consumer electronic industry, advancements in graphic engines of televisions, increased pressure on manufacturers to reduce prices, and popularity of the ultra-high definition technology & its advantages have fueled the demand for UHD televisions in the past few years. Latest graphic processors permit advanced technical image formats and have improved the content quality significantly hence, they are widely used in production and distribution of UHD content. Customers are getting accustomed to using such contents, which is further anticipated to spur the market growth.

The 52–65 inches’ segment dominated the global 4K TV market in 2016 since this segment has a wide range of product offering at different price points. Moreover, the adoption of novel technologies, such as Quantum dot LEDs (QLEDs) and Super UHD (SUHD) and decreasing prices of 4K TVs are expected to catapult the segment demand over the forecast period. Televisions belonging to this range have high penetration rates as compared to the others. However, the above 62 inches’ screen size segment is expected to witness the highest growth over the forecast period owing to the declining price trend of 4K TVs coupled with increasing disposable incomes of individuals globally.

China is one of the biggest manufacturers of LCD panels for televisions. The country accounted for more than 70% of the total market share in 2016. Furthermore, North America is projected to be the highest growing region owing to the rising disposable income of the individuals and the increasing penetration of UHD set top boxes in the region.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/4k-tv-market

Further key findings from the report suggest:

The global UHD TV market is expected to witness a CAGR exceeding 20% from 2017 to 2025 owing to the changing consumer preference from HD to UHD technology along with increasing demand for high-end home products
Moreover, increasing penetration of ultra-high-speed internet, particularly in developed regions including metropolitan cities are expected to favorably impact the 4K TV market growth over the coming years
The 52 – 65 inches’ segment accounted for the largest share in 2016, which is accredited to increasing penetration of 4K TVs in the higher economic class; however, with decline in TV prices the above 65-inch screen size segment pose high growth opportunities
The Asia Pacific region accounted over 40% of the overall revenue share in 2016 and is also expected to dominate over the forecast period owing to the huge adoption along with declining prices of 4K televisions
A few key players who captured a significant market share in 2016 are Samsung, LG Electronics, Sony Corp., Hisense, and Sharp Corp

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

Collaborative Robots Market Worth $10.1 Billion By 2025 | CAGR: 44.5%

The global collaborative robots market size is expected to reach USD 10.14 billion by 2025, according to a new study by Grand View Research, Inc. it is anticipated to expand at a CAGR of 44.5% during the forecast period. Increasing investments in automation of manufacturing processes is boosting the demand for collaborative robots or cobots.

The research and development environments have been involved in the use of robots possessing embedded torque and force sensing technologies over the decades which in turn is increasing the implementation of collaborative robots in automation. Despite having a long history of using robots for several manufacturing purposes such as on the assembly lines and welding, the companies operating in automotive industry that are new to automation, might face challenges with the programming robots. The need for user-friendly robots that do not require highly skilled workforce to deploy and carry operations as well as are low maintenance, has paved the way for developing a common software platform. This platform enabled the integration of robots, their motion controlling and drives along with the generation of an interface that eases the programming of such robots

The demand arising from the automotive industrial customers, engineers, and researchers has initiated the development of collaborative robots. Moreover, these robots assist the packaging market and the industries targeting to enhance their production rates. Robots are currently working in several industries and are on the verge of impacting the logistics industry overcoming the challenges such as complicated work processes, handling numerous tasks in several number of combinations all in the compact spaces. With the development of next-generation of collaborative robots that are capable of seeing, moving, and reacting to the environment can precisely work in collaboration with the humans to increase the demand for cobots across several industry verticals along with logistics. Hence, increasing demand from logistics is anticipated to drive the overall collaborative robots market.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/collaborative-robots-market

Further key findings from the report suggest:

High demand for collaborative robots in various industrial applications is attributed to the factors such as the high payload carrying capacity of cobots. As the cobots operate as an assisting device to human and assist increasing the efficiency, along with the quality of work done
Various countries are intensely reviving the electronics and consumer goods industries, in turn, catalyzing the demand for cobots. In addition, the small and medium enterprises usually emphasize on higher return on investment amenities. Thus, the affordable cobots are effectively grabbing the attention of such SMEs and driving the overall market at a considerable pace
Europe led the collaborative robots market in 2018 and accounted for over 37% of the global market share
Key market players include ABB Group; DENSO Robotics; EPSON Robots; Energid Technologies Corporation; F&P Robotics AG; Fanuc Corporation; KUKA AG; MRK-Systeme GmbH; Precise Automation, Inc.; Rethink Robotics, Inc.; Robert Bosch GmbH; Universal Robots A/S; Yaskawa Electric Corporation; MABI AG; Techman Robot by Quanta Storage, Inc.; Franka Emika GmbH; AUBO Robotics Inc.; and Comau S.p.A.

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

Industrial Display Market Size Worth $7.26 Billion By 2025 | CAGR: 6%

The global industrial display market is expected to reach USD 7.26 billion by 2025, according to a new report by Grand View Research, Inc. Due to the growing complexity of industrial operations and processes, the use of industrial displays has become crucial to simplify operational tasks and provide technologically advanced features.

Human Machine Interfaces (HMIs) and other displays possess the ability to respond to the changing production demands and closely monitor the production processes, thereby decreasing the downtime and increasing workforce efficiency. A well-designed HMI enables line of sight into the system, which allows the operator to control or maintain the machine and enhance productivity.

OLED displays are expected to gain prominence on account of their enhanced picture quality and low power consumption. The technology is widely used in digital signage and display boards to indicate the operational status at factory floors.

Solution providers have begun offering IIoT application platforms integrated with industrial display devices and services. For instance, American Industrial Systems, Inc. (AIS) offers open platform computing solutions for IIoT and facilitates its application in industrial companies, factories, transportation & logistics, buildings, and smart cities.

Companies are investing heavily in R&D activities for designing technologically enhanced displays and offering distinguished products compared to their competitors. Mergers & Acquisitions (M&A), strategic agreements, and multiple partnership agreements are other growth strategies adopted by players to increase their product offering and expand their distribution platform.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/industrial-display-market

Further key findings from the report suggest:

The HMI application segment is expected to account for the largest revenue share in the overall market by 2025, registering a CAGR of around 6% over the forecast period
The demand for industrial displays is expected to grow substantially in the chemical, oil, and gas segment and the energy & power segment over the forecast period
By 2025, the energy & power end-use segment is projected to account for around 25% of the total market revenue share.
In 2016, the panel-mount displays and video walls together accounted for more than 60% of the total revenue share in the European region
The LCD technology is widely used across all devices; however, the OLED technology is anticipated to witness a high growth over the forecast period
Key players in the industry include LG Display Co., Ltd., Samsung Display, Pepperl+Fuchs GmbH, Advantech Co., Ltd., Planar Systems, Inc., WinMate, Inc., NEC Display Solutions, Ltd., Maple Systems, INC., Japan Display, Inc., Innolux Corporation, and Siemens AG

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research:

Head Up Display Market Worth $13.5 Billion By 2025 | CAGR: 25.9%

The global head up displays (HUD) market size is expected to reach USD 13.5 billion by 2025, according to a new report by Grand View Research, Inc. In terms of shipments HUD systems demand would reach 34.87 million units by the year 2025.

A Head Up Display is computerized systems that projects information onto the screen in vicinity to the viewer on screen or by means of a separate display. The HUD systems projects data, images, and supporting information to driver or the viewer in such a way that the viewer can view both the outside world and the information simultaneously. Initially, the HUD displays were prominently deployed in aviation industry seeking deployment specifically in military aircrafts. Later, the HUD displays were hosted on to civil aircrafts by means of a secondary screen. In recent times, HUD system finds applications in dynamic application arenas including automobile windscreens, motorcycle helmets where the data is displayed on the visor.

Nowadays, numerous luxury car manufactures such as Daimler AG and BMW AG have started incorporating HUD displays in their premium automobile models. Imminent future is expected to witness standardization of these HUD systems as they help in reducing accident proportion and ensure safer driving. HUD displays are even deployed in numerous gaming applications that seek deployment in conjunction with augmented reality technology. In the coming years, the automotive sector will endure to be the major contributor to the HUD market, nevertheless, the solicitation of HUDs in the wearables segment will witness the highest growth during the forecast period.

The demand from the automotive vertical and the increasing growth opportunities in the wearables sector are driving the growth of the HUD market. Automotive manufacturers are concentrating on ensuring HUD systems design, and economic assessment capability of deployment in basic & mid-segment cars.

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/head-up-display-hud-market

Further key findings from the report suggest:

The automotive HUD application segment dominated the market (in terms of market size) in 2015. HUD system further find solicitations in the aviation and wearables segments.
North America dominated the global market and accounted for the largest market share (in terms of revenue) in 2015; however, Asia Pacific region is anticipated to overgrow North America in terms of revenue by the year 2025.
The growing demand for HUD system can be attributed to the ever-growing demand for efficient and safe driving technology, across defense and civil sectors
Further, sports and premium car segments would initially witness higher adoption of HUD systems, whereas over the forecasts the HUD incorporation would increase in basic and mid-segment car segments.
The key industry participants include BAE Systems, Continental AG, DENSO Corporation, Elbit Systems, Visteon Corporation, Robert Bosch LLC, and YAZAKI Corporation

See More Reports of This Category:
https://www.grandviewresearch.com/industry/display-technologies

About Grand View Research: