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China to dominate 4K and 8K TV shipments by 2020

Even though Japanese makers are aggressively switching to 4K TV ranges, China will continue to dominate the market by 42% of all TVs in 2017 with 4K shipments, says a recent IHS Markit research. The analysts calculate that in 2016, more than 25 million 4K TVs were shipped in China and estimate the numbers to almost double by 2020 to 44 million, amounting to the same as Western Europe and North America combined.

There were more than eight million 4K TVs shipped in in Western Europe in 2016, and this number is forecasted to increase to 19 million by 2020. Shipments in North America are set to more than double, from 11.7 million in 2016 to 25.9 million by 2020.

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