Advancements in optoelectronics and nanotechnology have changed the display technology in last few years. Due the environmental issues there is high demand for the green products and energy efficient products. With consuming less energy providing other qualities such as high resolution, better display quality and improved backlight are provided by next generation display technologies.
4K technology which refers to 4,000 pixels in horizontal resolution in various digital formats used mainly in shooting motion pictures and scanning 35 mm film into digital. Products using 4K technology are used in various applications such as retail & advertisement, entertainment, consumer electronics, business & education, aerospace & defense and so on. In the next generation display market, digital cameras and smart TVs are showing significant growth rate over the other products.
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The 4K technology product portfolio includes smartphones & tablets, monitors, digital cameras, projectors, smart TVs and camcorders among others. As in the market of TVs the demand for large screen is increasing, the smart TVs market is expected to witness high growth rate in the coming three to four years.
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Minimum use of resources, tough, slim and flexible displays, changing trend in display market, wider viewing angles and high resolution are some of the driving forces for this market. Next generation display market is segmented on the basis of application, ingredients, components, resolution and region. On the basis of applications Next Generation Display market is segmented into mobile phones market, consumer electronics, industrial applications, movie/entertainment, TV/monitors, automotive, advertising and e-reader market.