Global High Dynamic Range Market: Overview
High dynamic range is the superior technique which meets the higher standard for capturing image or photographs. It improves the quality and produces high-resolution image irrespective of the size. It also enhances the viewing experience. The high dynamic range requires high bandwidth to transmit data to other devices compared to 4K UHD and HD technologies. However, large data can be transmitted through a communication channel with fixed bandwidth and greater compression. The HDR comes with few new features for the modern TVs such as high luminance, brighter color, officially affordable and more.
Global High Dynamic Range Market: Growth Factors
Escalating demand for large display screens with greater resolution may drive the global high dynamic range market in the coming future. However, HDR video consumes more memory or bandwidth than the standard HD video. This may hamper the quality, which in turn may restrain the global high dynamic range growth of the market.
Global High Dynamic Range Market: Segmentation
The high dynamic range market is segmented on the basis of application, product, and geography. Based on application, the global market is categorized as security & surveillance, entertainment, and consumer. Of these, entertainment application is the dominating segment in the global high dynamic range market, which is accounted for the largest market share. The global high dynamic range market is divided based on the display device as, set-top boxes, television, laptops & tablets, Blu-ray players, and projectors. Furthermore, the global market is categorized on the basis of the product as, capturing devices, display devices, and others. Of these, capturing devices is the largest products segment in the global high dynamic range market, owing to the commercialization of the cameras and smartphones.
Global High Dynamic Range Market: Regional Analysis
Asia Pacific holds the largest market share in the global high dynamic range market. The presence of high dynamic range solution providers in this region may boost the global market in future. It has opened up new gateways for the growth opportunities in the Asia-Pacific region. Moreover, North America shows a considerable growth in the global high dynamic range market. Europe also contributed for significant market growth in the global high dynamic range market.
Global High Dynamic Range Market: Competitive Players
Leading players in the global high dynamic range market are Samsung Electronics Co., Ltd., LG Display Co., Ltd., Omnivision Technologies, Inc., Casio Computer Co., Ltd., Olympus Corporation, and Apple, Inc. Other key players influencing the global market are Pyxalis, Canon, Inc., Photonfocus, and Nikon Corporation. Major players in the global market always focus on enhancing market share with the advent of new products, technologies, and mergers and acquisitions. For instance, Barco made a deal with visualization technology and acquired Canadian MTT Innovation Inc.—a developer of next-generation projection technology and expertise in high dynamic range, specialized hardware development, applied imaging algorithms, and advanced color science. This acquisition will highly contribute to the overall revenue of the company. Barco’s last year sale recorded was 1.029 Billion Euros.
Global High Dynamic Range Market: Regional Segment Analysis
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