US TV Mount Market
No. of Pages: 104 | Report Code: TIPRE00008101 | Category: Electronics and Semiconductor
No. of Pages: 104 | Report Code: TIPRE00008101 | Category: Electronics and Semiconductor
The US TV mount market is accounted to US$ 1,953.6
million in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period 2019 - 2027, to account to US$ 3,319.2 million by 2027.
Booming demand for TV sets from the residential sector is driving the US TV mount market. Pertaining to the substantial growth in the residential sector due to demographic trends, low mortgage rates, as well as increased household income. The residential sector is progressing rising owing to positive impulse from consumer demand, which is further influencing the US TV mount market.
Strategic insights for the US TV Mount provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 1,953.6 Million |
| Market Size by 2027 | US$ 3,319.2 Million |
| Global CAGR (2019 - 2027) | 6.1% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | United States
|
| Market leaders and key company profiles |
The geographic scope of the US TV Mount refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Market Insights
Several Advantages Offered by TV Mounts Is Propelling the Market Growth
With advancements in the TV screen technology, the new TVs are now lighter and thinner than before, which allows the users to mount them on the wall easily. One of the major benefits offered by TV mounts is space-saving. Also, mounting the TV set at a right angle as per the convenience of the user enables in preventing eye or neck strain. Further, full-Motion wall mount provides additional benefit to adjust the TV at multiple angles, which is adding inputs to the growth of the US TV mount market. Moreover, mounting a TV at a higher level helps in preventing it from children and pets and eliminates the risk of damage. In commercial spaces, installing TVs at height is of paramount significance, restricting access only to authorized individuals. Another important benefit offered by TV mounts is safeguarding the TV set. Mounting it on the wall helps to place the TV in a secured location, thus, securing today’s highly fragile television sets. Attributed to the mentioned benefits of TV mounts, the market is expected to flourish during the coming years.
Flourishing demand for Lightweight TV Screens Offers Opportunity for the US TV Mount Market Growth
TV mounts are suitable and space-saving solutions for lightweight TVs, including LCD, LED, and Plasma TVs. In the current scenario, demand for LCD and LED TVs is witnessing massive growth pertaining to an increase in residential and commercial infrastructure such as malls, hotels, hospitals, and educational institutions. The LCD TV market has reached its maturity stage; however, replacement demand is expected to be the major driving factor for lightweight TVs in the US, which in turn fueling the market growth for the US TV mount. As per the Consumer Technology Association (CTA), demand for 8K, 4K Ultra HD, and OLED-based displays is witnessing high growth, which might reduce the sales of LCD TV in the US 2019. Moreover, individuals are replacing old CRT TVs with flat-panel LCD TVs. Upgrades are to be driven by large-screen models and sets highlighting 4K UHD resolution and HDR technology. Hence, factors, as mentioned above, are expected to boost the market for TV’s new technology and in turn supporting the installation of TV mounts during the forecast period.
Application Insights
The US TV mount market by application has been categorized into residential and commercial. The residential sector is witnessing an increase in the installations of TV mounts owing to increasing purchase of flat screen TVs as well as rising living standards of people. Increasing urbanization in most of the developing nations as well as the developed nations have led to the increased residential constructions. This has resulted in increased demand for TVs, which has thrown a positive impact in the growth of the US TV mount market. The commercial segment includes installation of TV mounts in commercial places such as shopping malls, airports, railway stations, bus stations, hospitals, offices, stadiums, and hotels among others. With the growing infrastructure development worldwide particularly, in the developing economies, the growth of TV installation is increasing. This has resulted in increasing demand for TV mounts.
Type Insights
Based on type, the US TV mount market has been segmented into fixed wall mount, full-motion wall mount, tilting wall mount, ceiling mount, and others. Under type segment, fixed wall mount is the leading segment in the US TV mount market. Fixed Wall Mount enables to place the TV as close to the wall as possible making sure that there is enough space to install the cables behind the TV. These mounts are easiest to install and economical as compared to other TV mounts. These fixed wall mounts have an open architecture construction which offer the TV with increased ventilation. The key advantage of fixed wall mounts is the capability to mount TVs sizing from 23 inches to 70 inches. The demand for fixed wall mount is majorly among the residential applications, however, the adoption of these TV mounts in growing in the commercial sectors as well.
Strategic insights for the US TV Mount provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 1,953.6 Million |
| Market Size by 2027 | US$ 3,319.2 Million |
| Global CAGR (2019 - 2027) | 6.1% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | United States
|
| Market leaders and key company profiles |
The geographic scope of the US TV Mount refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Strategic Insights
Strategy and business planning was observed as the most adopted strategies in US TV mount market. Few of the recent developments in the US TV mount market are listed below:
2019:
Peerless AV launched the DS-OM46ND/OM55ND-Floor and DS-0M46ND/-OM55ND-Ceil mount supports. They are available in both 46-in and 55-in sizes for the Samsung back to back display model, with the mount verticals being the same size as the back to back displays for a flush finish.
2018:
Atdec Pty Ltd. unveiled new warranty enhancement program in order to double the existing 5 year warranties for all Visidec, Spacedec and Telehook mounts to 10 years so as to ensure that the customer base have maximum level of satisfaction with the products.
US TV Mount Market Segmentation
By Application
By Type
Company Profiles
The List of Companies - US TV Mount Market
The US TV Mount Market is valued at US$ 1,953.6 Million in 2018, it is projected to reach US$ 3,319.2 Million by 2027.
As per our report US TV Mount Market, the market size is valued at US$ 1,953.6 Million in 2018, projecting it to reach US$ 3,319.2 Million by 2027. This translates to a CAGR of approximately 6.1% during the forecast period.
The US TV Mount Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the US TV Mount Market report:
The US TV Mount Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The US TV Mount Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the US TV Mount Market value chain can benefit from the information contained in a comprehensive market report.
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