Press release
TV Mounts Market to 2025 – Analysis and Forecasts by Leading Players OmniMount, VideoSecu, Legrand AV Division, Shenzhen Xinadda Ir-Pi Products, Atdec, B-Tech International, Display Mount Pro, Highgrade Tech, iangxi Kingsun Industry
TV Mounts Market
Some of the major players influencing TV mounts market are OmniMount, VideoSecu, Legrand AV Division, Shenzhen Xinadda Ir-Pi Products co., Ltd, and Unicol. Several other companies operating in the market are Atdec Pty Ltd, B-Tech International Ltd., Display Mount Pro Co., Ltd., Highgrade Tech Co. Ltd., and Jiangxi Kingsun Industry Co., Ltd.
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Global TV Mounts market is expected to grow from US$ 2653.8 Mn in 2017 to US$ 3194.4 Mn by 2025 at a CAGR of 2.4% between 2018 and 2025.
TV mounts market is experiencing growth all across the globe, with the rising commercial as well as residential sector owing to TV installations in these buildings. Furthermore, the rising spending capacity of people is also propelling the market growth. Moreover, the decreasing price of LED, LCD, and OLED TVs has further resulted in bolstering the demand for TV Mounts.
The report focuses on an in-depth segmentation of this market based on type and application. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By application segment, the residential sector accounted for the largest share of the TV Mounts market in 2017. Also, the residential sector is expected to grow at the highest CAGR during the forecast period.
APAC is one of the prominent regions in TV Mounts market which is contributing highest revenue globally owing to the rapidly rising urbanization and living standard. Also, rapidly growing economies in Asia-Pacific (APAC) with significant growth construction sector will pave the path for increasing adoption and propel the market for TV mounts market. The APAC region is expected to lead the market during the forecast period. Also, the region is growing at the highest CAGR.
TV Mounts Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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KEY TAKEAWAYS 13
3. TV MOUNTS MARKET LANDSCAPE 16
3.1 MARKET OVERVIEW 16
3.2 MARKET SEGMENTATION 17
3.2.1 Global TV Mounts Market – By Type 18
3.2.2 Global TV Mounts Market – By Application 18
3.2.3 Global TV Mounts Market – By Geography 18
3.3 PEST ANALYSIS 19
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 Asia Pacific PEST Analysis
3.3.4 Middle East & Africa PEST Analysis
3.3.5 South America PEST Analysis
4. TV MOUNTS MARKET – KEY INDUSTRY DYNAMICS 29
4.1 KEY MARKET DRIVERS 29
4.1.1 Rising living standard of people has resulted in increased demand for TV mounts 29
4.1.2 Several advantages offered by TV mounts is propelling the market growth 29
4.2 KEY MARKET RESTRAINTS 29
4.2.1 Availability of substitute mechanisms may restrict the market growth 29
4.3 KEY MARKET OPPORTUNITIES 30
4.3.1 Growth of both residential as well as commercial construction sector in the APAC region is providing prospective opportunities to the market 30
4.4 FUTURE TRENDS 30
4.4.1 Increase in demand for LED and LCD TVs in near future 30
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 31
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