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August 23, 2022

US 8K TV Shipments to Rise Strongly – Our Comments

According to the US-based Consumer Technologies Association (CTA) quoted by the market for 8K TVs in the US will rise strongly to 160,000 units in 2022, up 70% from 2021. That is in contrast to an overall drop of about 0.2% in revenue terms for the whole market consumer technology market (down $1 billion to $503 billion).

The CTA also forecast that sales will reach 479,000 in 2023. There have been some negative comments in the press recently about 8K prospects, but a market with 299% growth in one year seems very positive.

The report also said that OLED TVs should reach 2.37 million units in 2022 in the US, representing 7.8% of the market by volume. They are expected to grow to 3.83 million in 2023, to 6.93 million in 2025 and 9.25 million at the end of 2026.

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