Press release
Curved Televisions Market Growing with a CAGR of 8.18%, Top Players, Size, Share, Market Worth, Trends by 2029
►Global Curved Televisions Market Set to Soar to US $20.39 Bn by 2029 at an 8.18 % CAGRThe global curved televisions market is on track to skyrocket from approximately US $11.75 Bn in 2022 to US $20.39 Bn by 2029, exhibiting a robust Compound Annual Growth Rate (CAGR) of 8.18 %. Fueled by rising consumer demand for superior image quality, ultra‐high definition, immersive gaming experiences, and eco-friendly designs, this market is rapidly evolving.
Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/45051/
►Competitive Landscape
The curved TV market is highly competitive, featuring global leaders:
Samsung Electronics Co. Ltd., LG Electronics Inc., Sony Corporation, Hisense Co., Ltd., Haier Group, Philips, Sharp Corporation, VIZIO Inc., Panasonic Corporation, and Sichuan Changhong Electronics Co. Ltd.
►Regional Insights
♦ United States - Growth & Opportunity
The U.S. leads the North American market, driven by adoption of UHD curved TVs, widespread e-commerce channel expansion, and premium consumer electronics demand. A notable 30 % surge in e-commerce TV sales between Q1 and Q2 2022 underscores shifting purchase trends.
Trends & Updation
Increased integration of smart and flexible‐screen TVs for gaming, education, and entertainment.
Growing consumer shift toward high‐resolution curved screens with energy‐efficient designs.
Consolidation
Strategic partnerships between manufacturers and online retailers are strengthening supply chains and boosting market penetration.
Leading brands like Samsung Electronics Co. Ltd., LG Electronics Inc., and Sony Corporation are competing aggressively in the premium curve‐TV segment.
♦ Asia Pacific - Growth & Trends
Asia Pacific is experiencing unprecedented demand, with markets such as China, India, and South Korea accelerating adoption of curved TVs.
India's broader consumer electronics market surpassed US $10.93 Bn in 2021 and is projected to exceed US $21.18 Bn by 2025.
Gaming and esports in China and South Korea are catalyzing demand for immersive curved gaming screens.
Eager to discover what's within? Secure your sample copy of the report today:https://www.maximizemarketresearch.com/request-sample/45051/
♦ Middle East & Africa - Trends & Opportunity
The Middle East & Africa region is gaining traction with affluent consumers and growing digital infrastructure.
Growth
Saudi Arabia, UAE, and South Africa are witnessing surging sales in commercial and residential sectors.
The market is expected to grow faster than the global average, driven by rising disposable incomes and smart-city initiatives.
Consolidation & Updation
Samsung Electronics Co. Ltd. and LG Electronics Inc. are reinforcing their presence through retailer partnerships and localized after-sales networks.
Local consumer electronics firms are acquiring smaller installers and service providers to expand regional reach.
♦ Europe - Growth & Trends
Europe holds the second-largest share after North America, powered by Germany, UK, France, Italy, and Spain.
Opportunity
Home entertainment upgrades in Germany and the UK are bolstering demand for premium curved TV sets.
e‐Sports proliferation in the UK is increasing demand for immersive displays .
Updation & Consolidation
Philips and Panasonic Corporation are focusing on energy-efficient curved models tailored to EU eco-regulations.
M&A: European home appliance firms are consolidating distribution, and global players are acquiring tech-focused startups to enhance smart-TV capabilities.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:https://www.maximizemarketresearch.com/request-sample/45051/
► Market Segmentation: In-Depth Analysis:
The global market for curved televisions is divided into two segments: screen size and end user. The MMR report will give a precise estimate of how each category will contribute to the market's expansion.
by Screen Size
Large-sized Curved Televisions
Mid-sized Curved Televisions
Small-sized Curved Televisions
by End User
Commercial
Institutional
Residential
In terms of end users, the commercial segment accounted for 42.10% of the market in 2022 and is expected to increase at the highest compound annual growth rate (CAGR) of 10.05% from 2023 to 2029. Because they reduce eye strain, curved monitors are increasingly being used in workplaces and other commercial settings, which is driving this increase. Over the course of the projection period, the residential segment of the global market for curved television will also see significant growth.
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-curved-televisions-market/45051/
► Learn about the top players driving innovation in the Market :
1. LG Electronics Inc.
2. Haier Group
3. Sony Corporation
4. Sichuan Changhong Electronics Co. Ltd
5. Samsung Electronics Co. Ltd.
6. Philips
7. Sharp Corporation
8. VIZIO Inc.
9. Hisense Co., Ltd.
10.Panasonic Corporation.
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► About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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