Analysts: Ultra-HD TVs will witness slow start due to high prices and low availability

Analysts: Ultra-HD TVs will witness slow start due to high prices and low availabilityAgainst the backdrop of the fact that leading TV manufacturers, like Samsung, LG and Sony, will unveil their latest `Ultra-HD' TV models at the CES 2013 event to wow the show's audience, analysts are of the opinion that, even in the coming four-year period, `Ultra-HD' TVs will not be able to grab a substantial share of the TV market.

According to the analysts, despite the fact that Ultra high-definition TVs will be one of the key attractions of the Las Vegas CES 2013 event, they will witness a slow start in the coming years, especially because of their high costs and low availability.

Going by the projections of the analysts, the US sales of Ultra-HD TVs - which boast four times more pixels vis-a-vis HD TVs -will touch approximately 1.4 million units in 2016; with the predicted sales figures making barely 5 percent of the entire TV market.

So far as the sales of these TVs in the remaining parts of the world are concerned, the expected `units sold' figure will be even lesser than the US sales figure.

About the projected slow sales of Ultra-HD TVs, Steve Koenig - director of industry analysis at the CES - said that these TVs have a "very, very limited opportunity" in the next few years; and added: "The price points here are in the five digits (in U. S. dollars) and very few manufacturers, at least at this stage, have products ready."

Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate