Press release
TV Mounts Market Set For Rapid Industry Growth, To Reach Around US$ 3,319.2 Million By 2027 with a CAGR of 6.1%
TV Mounts Market by 2025 Key Opportunities and Future DemandThe TV Mounts Market is anticipated to grow in the forecast period owing to the driving factors including increasing developments in the manufacturing industry. Further, increasing deployments in the automotive industry is supplementing the market growth. However, availability of substitutes is impeding the growth of the TV Mounts market.
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. TV mounts are suitable for flat-panel TVs, including LED, LCD, OLED, or plasma screen, and there are several types of TV mounts available in the market such as fixed wall mount, full-motion wall mount, tilting wall mount, ceiling mount, floor mounted, and pole TV mounts. Television is the inevitable part of any household, and LCD or LED TVs with pedestal stand acquire lots of space. Thus, acceptance of TV mounts is increasing as a space-saving option, which facilitates lightweight LCD, LED, and plasma TVs to hang on the wall easily. These factors are driving the market growth for US TV mount. Also, an increase in income led to growth in the purchase capability of LED and OLED TVs by replacing it with old CRT TVs, which is expected to boost the growth of the US TV mount market.
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Some of the Prominent Players Operating in TV Mounts Market are: ATDEC Pty Ltd, Display Mount Pro Co., Ltd., Ergotron Inc., Legrand AV Division, Loctek Ergonomic Technology Corp., Mount-It!, Omnimount, Peerless-AV, Promounts and Shenzhen Xinadda Ir-Pi Products co., Ltd. among others.
This Report Contains:
o Market sizing for the global TV Mounts.
o Compare major TV Mounts providers strategies and approaches to the challenges they face
o Analysis of the effects de globalization trends may have for TV Mounts providers
o Profiles of major TV Mounts providers
o 7-year CAGR forecasts for TV Mounts -intensive vertical sectors
The report on the area of TV Mounts by Insight Partners includes extensive primary research and detailed analysis of the qualitative and quantitative aspects of various industry experts, key opinion leaders, to better understand the performance of the TV Mounts Market.
The US TV mount market based on application has been segmented into residential and commercial. Residential segment has dominated this market in the US in 2018 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. The global residential construction market has witnessed healthy growth rates in the past few years. Increasing urbanization in most of the developing nations as well as the developed nations have led to the increased residential constructions.
The report segments the US TV mount market as follows:
? US TV Mount Market, By Type
o Fixed Wall Mount
o Full-Motion Wall Mount
o Tilting Wall Mount
o Ceiling Mount
o Others
? US TV Mount Market, By Application
o Residential
o Commercial
The report presents the current market analysis scenario, future and future opportunities, revenue growth, prices and profitability. The proprietary data in this report is collected by The Insight Partner's dedicated research and analysis team of experienced professionals with advanced statistical expertise and various customization options in the existing study.
Key Benefits of Buying this Research Study:
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global TV Mounts Market
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the TV Mounts Market, thereby allowing players to develop effective long term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Contact Us
If you have any queries about this report or would like further information, please contact us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/
About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.
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