Press release
Televisions Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Televisions
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What Is the Current Televisions Market Size and Its Estimated Growth Rate?_x000D_
The televisions market has shown strong growth in recent years. It is expected to grow from $166.33 billion in 2024 to $174.8 billion in 2025, at a compound annual growth rate (CAGR) of 5.1%. The growth is attributed to the shift from analog to digital, advancements in consumer electronics, content delivery, gaming and console compatibility, and emerging markets._x000D_
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The televisions market is expected to grow steadily, reaching $204.35 billion by 2029 with a CAGR of 4.0%. Drivers include advancements like 8K resolution, improvements in smart TV features, immersive viewing tech, sustainability goals, and growing demand for home-office setups. Notable trends include OLED and MicroLED screens, borderless designs, TVs serving as art, and foldable displays with seamless content access._x000D_
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Purchase the full report for exclusive industry analysis:_x000D_
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How Are Emerging Segments Shaping the Televisions Market Landscape?_x000D_
The televisions market covered in this report is segmented -_x000D_
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1) By Product Type: Smart, Traditional_x000D_
2) By Technology: LCD, LED, OLED, QLED_x000D_
3) By Screen Size: Below 32 Inches, 32 to 45 Inches, 46 to 55 Inches, 56 to 65 Inches, Above 65 Inches_x000D_
4) By End-User: Residential, Commercial, Other End-Users_x000D_
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Subsegments:_x000D_
1) By Smart: LED Smart TVs, OLED Smart TVs, QLED Smart TVs, 4K And 8K Smart TVs, Android TV, Roku TV, And Other OS-based Smart TVs_x000D_
2) By Traditional TVs: LED TVs (non-smart), LCD TVs, Plasma TVs_x000D_
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Which Growth Factors Are Influencing Televisions Market Expansion?_x000D_
Growth in disposable incomes has significantly boosted the televisions market. Economic progress in developing countries like China, India, and Brazil has been pivotal. For instance, in September 2024, the UK's Office for National Statistics reported a 6.3% rise in gross disposable household income in 2022, aiding the expansion of the televisions market._x000D_
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Who Are the Dominant Players Across Different Televisions Market Segments?_x000D_
Major companies operating in the televisions market include Samsung Electronics Co. Ltd., LG Electronics Inc., Sony Corporation, Hisense Group Co. Ltd., TCL Corporation, Koninklijke Philips N.V., Vizio Inc., Toshiba Corporation, Skyworth Group, RCA Corporation, Magnavox, Sharp Corporation, JVC (Victor Company of Japan Limited), Polaroid/Sceptre, Fujitsu Limited, Sansui Electric Co. Ltd., Onida, Xiaomi Corporation, Micromax Informatics Limited, Haier Group Corporation, Hitachi Ltd., Lloyd Electric & Engineering Ltd., Panasonic Corporation, Funai Electric Co. Ltd., Changhong Electric Co. Ltd., Konka Group Co. Ltd., Seiki Digital Inc., Element Electronics Corporation, Westinghouse Electric Corporation, Mitsubishi Electric Corporation, NEC Corporation, Videocon Industries Limited, Intex Technologies (India) Ltd., Akai Electric Co. Ltd._x000D_
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What Televisions Market Trends Are Gaining Traction Across Different Segments?_x000D_
The increasing demand for Ultra HD televisions, including 4K and 8K models, is driven by their energy efficiency and high-quality images. The transition from traditional CRT and LCD TVs to Ultra HD is happening rapidly due to technological advancements. For example, in July 2023, a report from Screen Media showed that smart TV penetration reached 74% as TV replacement cycles continue to grow._x000D_
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Which Geographic Regions Are Expected to Dominate the Televisions Market in the Coming Years?_x000D_
Asia-Pacific was the largest region in the television market in 20232. North America was the second-largest region in the television market. The regions covered in the televisions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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Frequently Asked Questions:_x000D_
1. What Is the Market Size and Growth Rate of the Televisions Market?_x000D_
2. What is the CAGR expected in the Televisions Market?_x000D_
3. What Are the Key Innovations Transforming the Televisions Industry?_x000D_
4. Which Region Is Leading the Televisions Market?
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