HDR TV Shipments Will Grow to 47.9 Million in 2021, IHS Markit Says

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Shipments to rise nearly 300 percent from 12.2 million in 2017

Monday, November 6, 2017 9:25 am EST

"While Chinese consumers are buying the biggest TV sets these days, price sensitivity is higher and UHD content is scarcer."

LONDON (November 6, 2017) – High dynamic range (HDR) is the strongest-developing feature in television sets, according to a new report from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

In its TV Design and Features Tracker - Q3 2017, IHS Markit forecasts that HDR TV shipments will grow from 12.2 million in 2017 to 47.9 million in 2021, with a further 88.6 million HDR-ready sets — with HDR decoding but no HDR display capability — shipping in 2021.

“HDR is the biggest improvement coming to TV viewing,” said Paul Gray, associate director for consumer devices at IHS Markit. “It has been conclusively demonstrated to have the biggest impact with viewers, and what’s more, the effect works regardless of screen size or resolution.”

Examined in the report are solutions that broadcast and consumer electronics researchers have launched to encode and transmit the extra data required for HDR, as well as forecasts for the different varieties of HDR televisions.

We expect that only 23 percent of the ultra-high-definition televisions that ship in 2017 will offer the full HDR experience,” Gray said. “The remainder will be able to decode a signal, but lack the high contrast capability to display HDR content to an advantage.”

The cost of backlights for liquid-crystal displays (LCDs) remains the biggest obstacle to HDR, the analysis said. 

HDR TV shipment forecast by display technology

HDR capabilities in high-definition (HD) TVs are also assessed in the report. Gray said, “In locations where the airwaves are congested, broadcasters have no spare space to transmit the extra data required for 4K UHD. However, HD with HDR provides a huge increase in perceived quality for a very low data overhead, and that’s incredibly interesting.”

IHS Markit forecasts that regionally, North America will lead with 14.6 million HDR sets shipping in 2021, while China will be second with 11.8 million. “North America remains the sweet spot for TVs, with a preference for large screens, the availability of rich UHD content and a willingness from consumers to buy full-featured sets,” Gray said. “While Chinese consumers are buying the biggest TV sets these days, price sensitivity is higher and UHD content is scarcer.”

4K-HDR Summit 2017

IHS Markit analyst Paul Gray will present findings from the TV Design and Features Tracker at the 4K-HDR Summit in Málaga, Spain on November 10 at 13:40 local time. Journalists wishing to arrange interviews with Paul Gray can contact Colleen Seery of IHS Markit, or the company’s email address for media queries: press.

 

About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world's leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

 

IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners © 2017 IHS Markit Ltd. All rights reserved.

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