Global HD TV Market Will Grow At A CAGR Of 2% by 2019
Researchmoz added Most up-to-date research on "Global HD TV Market 2015-2019" to its huge collection of research reports. An HD TV is an example of a next-generation television display technology that is characterized by high resolution and better image quality. This market is estimated to exhibit stagnant growth during the forecast period and is driven by the increase in shipments of LCD/LED TVs. The recent change in the manufacturers preference towards the production of high technology-enabled LCD and LED TVs is expected to result in this markets slow but modest CAGR of nearly 2% by 2019. By geography, Technavio market research analysts estimate the APAC region to account for more than 44% of the total market share by 2019. In APAC, China and India are considered to be the leading countries as they are the major manufacturing hubs for ultra HD TVs. The high demand for ultra HD TVs that are manufactured locally is a significant factor that promotes market growth in this r...