Ultra HD TV shipments are expected to reach roughly 12.8 million in 2014 and will reach 68.2 million by 2017, according to Digitimes Research.
Ultra HD TV panel pricing is continuing to drop to Full HD TV panel prices while TV chip costs are also continuing to drop, which will be major factors in TV vendors' decisions to promote Ultra HD TV products.
More than half of the Ultra HD TVs shipped throughout 2016 are expected to go to the China market where low-priced units are expected to drive most of the demand.
Ultra HD TV panel shipments meanwhile are expected to reach 17.83 million units in 2014, up 475% on year, according to Digitimes Research.
The average Ultra HD TV panel size shipped in 2014 is expected to be 50.8-inch, while the average-size LCD TV panel is expected to be 39.8-inch.
Taiwan makers have been responsible for most Ultra HD TV panel shipments in the past but Samsung Display and LG Display are expected to hold almost a 40% share in 2014.
Ultra HD TV panel shipments are expected to reach 72.5 million in 2017, with most 50-inch and above size TVs expected to be Ultra HD, said Digitimes Research.
Digitimes Research also said that OLED TVs are expected to trail behind Ultra HD TV shipments throughout 2017 as OLED TV material costs are expected to remain high.
