Curved Televisions Market – Global Industry Analysis and Forecast (2023-2029)

Curved Televisions Market size is estimated to grow at a CAGR of 8.18% .The market is expected to reach a value of US $ 20.39 Bn. in 2029.

Curved Televisions Market Overview and Dynamics:

The Curved televisions provide more modern features with ultra-high definition (UHD) resolution & improved picture quality. Nowadays, Television has become an imperative means of entertainment and education in every home, institution & business globally. Consumer expectations are now increasing for better features and most importantly for better image quality. The demand for innovative & advanced technologies in televisions and changing customer philosophies towards better image quality, size and features about televisions are key drivers for the growth of the global market for curved Televisions. In addition, the durability of curved televisions, environment-friendly technology, and efficient consumption of energy by curved televisions are some major factors contributing to the growth of the global curved televisions market.Curved Televisions MarketTo know about the Research Methodology :- Request Free Sample Report

Key Insight:

• A major trend in the curved televisions market is the increased sale of television through E-commerce outlets. As per the U.S. Department of Commerce, E-commerce sales in the U.S. increased by over 30% between the first & second quarters of 2022. • Curved televisions are rising in popularity thanks to consumer demand for better image quality.

Popularity of Online Gaming:

The growing popularity of online gaming and the subsequent rise in the production of flexible displays are some of the major trends stimulating the global market outlook during the forecast period. for example, in January 2021 LG announced at the remote CES show that its newest 48-inch flexible display can be used as a 1000R curved display for gaming or for regular observing as a flat display, designed to offer a uniform viewing distance. Furthermore, an exponential upsurge in the adoption of smart TVs, particularly during the coronavirus lockdown, will also serve as a major factor fueling the overall industry expansion.

Rapid Growth of the Consumer Electronic Appliances to Propel Market Growth:

The rapid growth of consumer electronic appliances is driving the global market growth of curved televisions. As stated by the India Brand Equity Foundation, the Indian appliance & consumer electronics (ACE) market reached INR 76,400 crore i.e. US$ 10.93 Bn. in 2021. The appliances & consumer electronics sector is expected to double to reach INR 1.48 lakh crore i.e. US$ 21.18 Bn. by 2025. The Indian television industry reached a projected US$ 11.26 Bn. in 2021 and is projected to reach US$ 14.50 Bn. by 2025.

Hampering Factors for Curved Televisions Market:

The global curved televisions market is hampered by high manufacturing costs to a few major applications such as shopping malls, commercial trade centers, and use by affluent consumers. Additionally technological barriers in R&D of curved televisions are anticipated to pose a major challenge to the growth of the global market. 2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029.

Curved Televisions Market Segment Analysis:

Global Curved Televisions Market is segmented into screen size and end user. The MMR report will provide an accurate prediction of the contribution of the various segments to the growth of the market size. In 2022, the Commercial segment accounted for a dominant share of over 42.10%. Based on end users, the commercial segment held the largest market share of 42.10% in 2022 and is projected to grow at the highest CAGR of 10.05% over 2023-2029. This growth is driven by the escalating deployment of curved monitors in offices and other commercial spaces, thanks to their ability to lessen eye strain. The global market for the curved television industry from the residential segment will also accrue considerable gains during the forecast period. Curved Televisions Market

North America to Retain Lead through 2029:

Region-wise, the North American region is expected to hold the largest xx% growth rate during 2022-2029 thanks to the increased adoption of curved televisions by the general population and growing demand for customized solutions for television screens. Europe occupied the second largest market share of xx% in 2022. This is considering the major growth potential of E-sports and the commendable expansion of the gaming industry in economies like the UK. Moreover, the increasing disposable incomes and the rising sales of smart TVs in Germany will further push the European industry value.

Competitive Landscape:

The competitive landscape section in the curved televisions market offers a deep dive into the profiles of the leading companies operating in the global market landscape. It offers captivating insights on the key developments, differential strategies, and other crucial aspects about the key players having a stronghold in the market globally. The objective of the report is to present a comprehensive analysis of the Curved Televisions Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help understand the market dynamic and structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Curved Televisions Market make the report investor’s guide.

Global Curved Televisions Market Scope: Inquire before buying

Global Curved Televisions Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 11.75 Bn.
Forecast Period 2023 to 2029 CAGR: 8.18% Market Size in 2029: US $ 20.39 Bn.
Segments Covered: by Screen Size Large-sized Curved Televisions Mid-sized Curved Televisions Small-sized Curved Televisions
by End User Commercial Institutional Residential

Global Curved Televisions Market by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Curved Televisions Market, Key Players

1. LG Electronics Inc. 2. Haier Group 3. Sony Corporation 4. Sichuan Changhong Electronics Co. Ltd 5. Samsung Electronics Co. Ltd. 6. Philips 7. Sharp Corporation 8. VIZIO Inc. 9. Hisense Co., Ltd. 10.Panasonic Corporation. Frequently Asked Questions: 1] What segments are covered in the Curved Televisions Market report? Ans. The segments covered in the market report are based on Screen Size and End User. 2] Which region is expected to hold the highest share in the Curved Televisions Market? Ans. North America region is expected to hold the highest share in the market. 3] What is the market size of the Curved Televisions Market by 2029? Ans. The market size of the market by 2029 is US$ 20.39 Bn. 4] What is the forecast period for the Curved Televisions Market? Ans. The forecast period for the Curved Televisions Market is 2023-2029. 5] What was the market size of the Curved Televisions Market in 2022? Ans. The market size of the Curved Televisions Market in 2022 was US$ 11.75 Bn.
1. Global Curved Televisions Market: Research Methodology 2. Global Curved Televisions Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Curved Televisions Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Curved Televisions Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Curved Televisions Market Segmentation 4.1 Global Curved Televisions Market, By Screen Size (2022-2029) • Large-sized Curved Televisions • Mid-sized Curved Televisions • Small-sized Curved Televisions 4.2 Global Curved Televisions Market, By End User (2022-2029) • Commercial • Institutional • Residential 5. North America Curved Televisions Market (2022-2029) 5.1 North America Curved Televisions Market, By Screen Size (2022-2029) • Large-sized Curved Televisions • Mid-sized Curved Televisions • Small-sized Curved Televisions 5.2 North America Curved Televisions Market, By End User (2022-2029) • Commercial • Institutional • Residential 5.3 North America Curved Televisions Market, by Country (2022-2029) • United States • Canada • Mexico 6. Asia Pacific Curved Televisions Market (2022-2029) 6.1. Asia Pacific Curved Televisions Market, By Screen Size (2022-2029) 6.2. Asia Pacific Curved Televisions Market, By End User (2022-2029) 6.3. Asia Pacific Curved Televisions Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Curved Televisions Market (2022-2029) 7.1 Middle East and Africa Curved Televisions Market, By Screen Size (2022-2029) 7.2. Middle East and Africa Curved Televisions Market, By End User (2022-2029) 7.3. Middle East and Africa Curved Televisions Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Curved Televisions Market (2022-2029) 8.1. Latin America Curved Televisions Market, By Screen Size (2022-2029) 8.2. Latin America Curved Televisions Market, By End User (2022-2029) 8.3. Latin America Curved Televisions Market, by Country (2022-2029) • Brazil • Argentina • Rest of Latin America 9. European Curved Televisions Market (2022-2029) 9.1. European Curved Televisions Market, By Screen Size (2022-2029) 9.2. European Curved Televisions Market, By End User (2022-2029) 9.3. European Curved Televisions Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. LG Electronics Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Haier Group 10.3 Sony Corporation 10.4 Sichuan Changhong Electronics Co. Ltd 10.5 Samsung Electronics Co. Ltd. 10.6 Philips 10.7 Sharp Corporation 10.8 VIZIO Inc. 10.9 Hisense Co., Ltd. 10.10 Panasonic Corporation
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