Televisions Market Share, Trends, Industry Demand Amd Forecast Report 2023-2032 || Samsung, LG, Sony, Hisense, TCL
As per the televisions market report by The Business Research Company, the rise in disposable incomes was a major driver of the televisions market. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India and Brazil. According to the World bank, the per capita net disposal income of lower middle-income countries was in between $1,036 and $4,045 and per capita net disposal income of upper middle-income countries was in between $4,046 and $12,535 in 2021. Increased earnings and increased disposable incomes in the emerging markets, contributing to the televisions market's growth.
The global televisions market size will grow from $82.2 billion in 2022 to $84.56 billion in 2023 at a compound annual growth rate (CAGR) of 2.9%. The global televisions market size is expected to grow to $94.38 billion in 2027 at a CAGR of 2.8%.
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Major competitors in the television market are Samsung, LG, Sony, Hisense, TCL, Philips, Vizio, Toshiba, Skyworth, RCA, and Magnavox.
The televisions market is segmented -
• By Product Type: Smart, Traditional
• By End-User: Residential, Commercial, Other End-Users
• By Technology: LCD, LED, OLED, QLED
• By Screen Size: Below 32 Inches, 32 to 45 Inches, 46 to 55 Inches, 56 to 65 Inches, Above 65 Inches
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the televisions market.
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The television market consists of sales of smart TV, liquid crystal display (LCD), light-emitting diode (LED), cathode ray tube (CRT), and other televisions. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Televisions Market Include:
1. Executive Summary
2. Televisions Market Characteristics
3. Televisions Market Trends And Strategies
4. Televisions Market - Macro Economic Scenario
5. Televisions Market Size And Growth
6. Televisions Market Segmentation
27. Televisions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Televisions Market
29. Televisions Market Future Outlook And Potential Analysis
The "Global Televisions Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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