Outdoor Televisions Market Share, Demand Analysis, Growth, Trends and Forecast - 2028

The global outdoor televisions market is anticipated to grow at a CAGR of 12.5% during the forecast period (2022- 2028).

Outdoor TVs are designed to render great picture quality in any given outdoor setting. They are functioned in bright sunlight and are required to withstand several elements such as snow, rain, and extreme hot and cold temperatures. A portable projector with regular HDTV or outdoor screens in combination with an outdoor TV cover is the key alternative for outdoor. These TVs are installed in several areas such as backyards, outdoor gardens, swimming pools, and the entrance of any commercial buildings. With the rising demand for outdoor TV, manufacturers are making new designs of it to fulfill consumers' needs. Nowadays brands are introducing products with temperature-controlled filtered airflow systems that do not affect the TV during unfavorable temperature conditions and also rise in people spending time with family during holidays while enjoying in the backyard and watching movies are some of the factors that are driving the growth of the global outdoor TV market. Additionally, these TVs are available in high-resolution types such as 4K, HDR, QLED, and also inbuilt technology such as Wi-Fi and Bluetooth which attract the consumers to buy these outdoor TVs. These are some factors accelerating the growth of the market. However, the high cost of installation and maintenance is expected to restrain the growth of the global outdoor television market.

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Some major players in the market include LG Electronics, Samsung Electronics Co., Ltd., and Pearless-AV, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in April 2022, Sylvox, one of the global leading smart TV manufacturer launched its slimmer and lighter 3rd generation Outdoor TV. This is an outdoor TV that can work in extreme environments such as heavy rain, heat, sand, ice, and snow for a long time. It still ensures stability in the case of rapid changes in climate and temperature differences between -35°C and 50°C.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Display Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- LG Electronics, Samsung Electronics Co., Ltd., and Pearless-AV, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Outdoor Televisions Market Report by Segment

By Type
• 32 Inch Size
• 40 Inch Size
• 42 Inch Size
• 46 Inch Size
• 47 Inch Size
• 50 Inch Size
• 55 Inch Size
• Others

By Display Type
• LCD
• LED
• Others

By Application
• Commercial
• Residential

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.