Worldwide 4K2K panel shipments are estimated to total around 17.23 million units in 2014, up 473.4% in comparison to 2013, according to MIC (Market Intelligence & Consulting Institute), a Taipei-based ICT research institute. "4K2K LCD TV panels continue to gain intense market attention in 2014, as evidenced by global panel makers' continued aggressive plans for 4K2K panels, " said Brian Chen, industry analyst with MIC. In the second quarter of 2014, the combined shipment volume of 4K2K panels witnessed a whopping 178.8% sequential growth and topped nearly 4.4 million units in one single quarter. 4K2K panels' share reached about 7% of total LCD TV panel market. It is forecast therefore that in the fourth quarter of 2014, over 6 million 4K2K panels will be shipped worldwide, taking up around 10% of the total LCD TV panel market.
4K2K panels will take up around 7.2% of total LCD TV panels shipped in 2014, much higher than 1.3% in 2013. "Thanks to relatively short base period in 2013 and more panel makers jumping into 4K2K panel bandwagon, more 4K2K panels across a wide range of screen sizes are available in 2014," said Chen. This has helped push overall 4K2K panel shipments in 2014 thus far.
Worldwide 4K2K LCD TV Panel Shipment Volume and 4K2K Panels' Share of Total LCD TV Shipments, 1Q 2013 - 4Q 2014
Source: MIC, September 2014
RGBW 4K2K Panels Growing in Importance
As for RGBW (Red, Green, Blue, White) 4K2K panels, those developed by Korean makers were shipped mainly to Chinese LCD TV brands in the second quarter of 2014. By closing in the price gap between 4K2K panels and FHD (Full High Definition) panels, which are normally 1.15- to 1.2-fold more expensive, Korean makers hope to lure more Chinese TV brands to use their RGBW 4K2K panels. In 2014, MIC estimates that over 1 million RGBW 4K2K TV panels will be shipped, to make up 8% of total 4K2K panel shipments.
To see more about this report, please visit: Global Development of 4K2K LCD TV Panels in 2014 and Beyond.
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Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry. https://mic.iii.org.tw/english