Press release
Outdoor TV Market Is Expected To Grow At a CAGR of 8.9% During Forecast Period, 2018-2025
Outdoor TV is built to withstand the ever changing temperatures and lighting conditions of the great outdoors. The easy day/night dimming adjustment adapts to any lighting condition, from the brightest mid-day sun by the pool to the darkest night under the cabana. The TV panel offers a scratch resistant, anti-glare surface to provide a bright, crisp picture while reducing the negative effects of unwanted reflections and light sources. The television plays perfectly in a wide operating range from freezing cold 23F to a hot 122F degrees.
SunBriteTV, MirageVision and Seura captured the top three revenue share spots in the Outdoor TV market in 2015. SunBriteTV dominated with 25.20 percent revenue share, followed by MirageVision with 21.11 percent revenue share and Seura with 10.64 percent revenue share. In the next five years, the global consumption of Outdoor TV will show upward tendency further, consumption is expected in 2020 will be 325255 Units. The average operating rate will remain at 84% to 90%. In terms of the segment, the market for outdoor TVs is growing rapidly in commercial settings. In 2014 the commercial outdoor TVs amounted for 56.69% production share.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems. Although sales of Outdoor TV brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
The Outdoor TV market was valued at 690 Million US$ in 2017 and is projected to reach 1360 Million US$ by 2025, at a CAGR of 8.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Outdoor TV.
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This report includes the following manufacturers; we can also add the other companies as you want.
SunBriteTV
MirageVision
Seura
Platinum
SkyVue
Cinios
AquaLite TV
Peerless-AV
Oolaa
Luxurite
Market Segment by Product Type
≤32 Inch Size
40 Inch Size
42 Inch Size
46 Inch Size
≥ 70 Inch Size
Market Segment by Application
Commercial
Residential
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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