Televisions are among the most prominent sources of home entertainment across the households worldwide. Due to high popularity and penetration of television services across the world, new technologies and the content delivered over television channels have always been warmly welcomed by the consumers. Over the period of time, television industry has evolved from bulky cathode ray tube (CRT) televisions to sleek and advanced flat screen organic LED (OLED) television sets. This has significantly forced the consumers to adopt newer technology thereby driving the overall television and related accessories market. With the ever-rising advancement in television broadcasting technologies as well as internet infrastructure, newer television systems are evolving at a significant pace.
TV mounts refer to brackets manufactured using metallic (steel) or non-metallic materials designed to fix a television onto a wall or other similar space (such as a corner or pole). TV mount is designed to hold a specific range of weight and height of the television which is typically defined by its screen size. Today, TV mounts are available for television sets ranging from screen size of 15 inch to more than 60 inch. Similarly, with the growing demand for flexible solutions, TV mount manufacturers have come up with enhanced products including full motion TV mounts. This chapter discusses major factors driving/restraining the market growth along with an overview of the most attractive segment in the market.
1.1 Report Description
1.1.1 Purpose of the Report
The purpose of this strategic research study titled “Global TV Mount Market- Growth, Share, Opportunities and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in TV mount industry in the region.
1.1.2 Target Audience
1.1.3 USP and Key Offerings
The report titled “Global TV Mount Market - Growth, Share, Opportunities and Competitive Analysis, 2016 – 2023” offers strategic insights into the TV mount market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on product type and cross-sectional study across different geographies and sub-geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading TV mount vendors, their business strategies, market positioning, and key developments. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global TV mount market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.
On the basis of product types, the global TV mount market is categorized into following categories:
As of 2015, the overall TV mount market worldwide is dominated by the standard TV mounts segment. Standard TV mounts are predominantly used in residential as well as some of the commercial spaces. Moreover, due to low cost as compared to articulating TV mounts, these products become the preferred choice for most of the residential consumers. Subsequently, the segment is projected to hold its dominant position in the market throughout the forecast period. Ceiling TV mount and articulating TV mount segments are estimated to register the highest growth rate during the forecast period.
As of 2015, the global TV mount market is dominated by the Asia Pacific region contributing to more than 50% of the overall market revenue. The region is home to largest population and household base, worldwide. Strong economic growth over the past few years has led to development of strong consumer electronics market here. Factors such as growing discretionary income of the people here coupled with advancement in the television segment has assured robust market potential for TV mounts and other accessories in Asia Pacific. Subsequently, the region is projected to retain its dominant position in the market throughout the forecast period.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Television (TV) Mount market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Type
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
