Outdoor Tv Market Size, Share & Trends Analysis Report By Product , By Distribution Channel, By Region, And Segment Forecasts, 2023-30
The Outdoor Tv Market Is Expected To Grow At A Significant Growth Rate, And The Analysis Period Is 2023-2030, Considering The Base Year As 2023.
Outdoor TVs are specifically designed and built to withstand various weather conditions and environmental factors, making them suitable for outdoor use in areas such as patios, decks, and other outdoor living spaces. They differ from indoor TVs in their durability, brightness, and weather-resistant features. One of the most important features of outdoor TVs is their ability to withstand exposure to the elements. This includes protection from rain, wind, and extreme temperatures. Many outdoor TVs are built with waterproof or weatherproof casings to protect the internal components from moisture and other environmental factors.
Key Players Covered in Outdoor TV market
LG Electronics Cinios, Evervue USA Inc., SkyVue Outdoor Televisions, Global Outdoor Concepts Inc., Samsung Electronics Co. Ltd., SunBriteTV, Luxurite UK Ltd., Peerless A.V. Inc., Séura Inc. LLC and other major players.
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The demand for outdoor TVs continues to rise due to advancements in technology and innovative approaches, manufacturers are investing in designing products that meet consumers' evolving needs. The products are made of aluminum powder-coated material for durability, style, and long-term use. Additionally, glass with enhanced safety features such as anti-glare and improved contrast is being developed using advanced technology. Moreover, major competitors in the market are upgrading their TV sets with anti-glare LED panels, recalibrated screens, and innovative technologies such as Wi-Fi, USB connections, and more compact designs. As a result, the popularity of the outdoor TV market is growing.
The outdoor TV market presents a significant opportunity for key players in the industry to expand their business and reach new customers. With the growing popularity of outdoor living and entertainment, demand for durable and weather-resistant outdoor TVs is on the rise. In addition, advancements in technology have made outdoor TVs more affordable and accessible to a wider range of consumers. As a result, the outdoor TV market is expected to experience significant growth in the coming years.
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By screen size, more than 50-70 inch segment is expected to register the maximum Outdoor TV market share over the forecast period. 50-70 inches outdoor TVs have a high adoption rate and are projected to show similar trends in the future years, in various end-use applications, such as zoos, national parks, amusement parks, sports stadiums, and others. In addition, various benefits associated with the size as well as a marketing strategy for this product help to the growth of the segment during the forecast period.
By Screen Size
• Less than 30 inches
• 30 inches to 50 inches
• 50 inches to 70 inches
• More than 70 inches
By Display Type
Regional Analysis for the Outdoor TV Market
North America region is expected to dominate the outdoor TV market during the forecast period, and APAC is expected to have the highest CAGR over the period. In the North American region growing disposable income and inclination towards the premium consumer goods by the people leads to growth of the market and it is expected to continue over the projected period.
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Outdoor TV Market
In April 2021, NeptuneTM Shade Series Outdoor TVs have been introduced by Peerless-AV. The new Shade Series comes in three sizes: 55", 65", and 75" and maybe readily installed in any backyard retreat. Each TV has a 178-degree viewing angle, making it possible to watch TV from any angle. Even more, its cutting-edge technology ensures that the Neptune Shade series can survive harsh weather conditions and high temperatures, including -22°F to 122°F (-30°C to 50°C).
In May 2020, The Terrace, Samsung's first outdoor 4K QLED TV, has been released. The TV is already accessible in the United States and Canada and will be available later this year in Germany, Australia, New Zealand, and other countries. This summer, the South Korean IT behemoth will launch a professional model for enterprises. The Terrace is dust and water-resistant to IP55 standards. It comes in three sizes: 55, 65, and 75 inches. The TV's brightness may be adjusted up to 2000 nits, allowing viewers to enjoy a smooth viewing experience even in bright sunlight.
Table of content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Screen Size
3.2 By Resolution
3.3 By Display Type
3.4 By End Users
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Outdoor TV Market by Screen Size
To Be Continue…
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