TV Mount Market Size Report by 2031
The TV mount market size is projected to reach US$ 46.74 billion by 2031 from US$ 13.50 billion in 2023. The market is expected to register a CAGR of 13.7 % in 2023–2031. The advanced features and smart integration are likely to remain a key TV mount market trend.
TV Mount Market Analysis
The TV mount market is booming along with this growing living standard of people is supporting the growth of the global market. Developing economies such as India, Argentina, Malaysia, and several Southeast Asian economies are remarking substantial growth in their GDP. This increase in income led to growth in the purchase capability of LED, LCD, or OLED TVs by replacing them with old CRT TVs, which in turn influenced the market growth of the TV mount market. Moreover, increased penetration of the internet and growth of the e-commerce sector in developing economies are further supporting the growth of the TV mount market. Along with this, governments of several developing economies are taking initiatives for their infrastructural development for residential as well as commercial sectors such as educational institutes, hotels, hospitals, and other commercial buildings. This rise in infrastructure is expected to propel the growth of the TV mounts market during the forecast period.
TV Mount Market Overview
TV mounts are appropriate for flat panel TVs, including LCD, LED, OLED, or plasma screens, and there are various types of TV mounts present in the market, such as full-motion wall mount, fixed wall mount, tilting wall mount, ceiling mount, floor mounted, and pole TV mounts. The selection of the type of TV mount depends upon viewing capabilities and the wall bracket. Television is an inevitable part of any household, and LCD or LED TVs with pedestal stands acquire lots of space. Thus, the adoption of TV mounts is enhancing as a space saving option, which facilitates lightweight LED, LCD, and plasma TVs to easily hang on the wall.
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TV Mount Market: Strategic Insights
TV Mount Market
-
CAGR (2023 - 2031)
13.7%
-
Market Size 2023
US$ 13.50 billion
-
Market Size 2031
US$ 46.74 billion
Market Dynamics
GROWTH DRIVERS
- Rising Living Standard of People is Driving the Demand for TV Mounts.
FUTURE TRENDS
- The advanced features and smart integration
OPPORTUNITIES
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- Omnimount
- Atdec Pty Ltd
- Jiangxi Kingsun Industry Co Ltd
- Display Mount Pro Co Ltd
- Highgrade Tech Co Ltd
- B Tech International Ltd
- Unicol Engineering
- Videosecu
- Legrand Av Division
- Shenzhen Xinadda Ir Pi Products Co
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Fixed Wall Mount
- Full-Motion Wall Mount
- Tilting Wall Mount
- Ceiling Mount
Application
- Residential and Commercial
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
TV Mount Market: Strategic Insights
-
CAGR (2023 - 2031)13.7% -
Market Size 2023
US$ 13.50 billion -
Market Size 2031
US$ 46.74 billion
Market Dynamics
- Rising Living Standard of People is Driving the Demand for TV Mounts.
- The advanced features and smart integration
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- Omnimount
- Atdec Pty Ltd
- Jiangxi Kingsun Industry Co Ltd
- Display Mount Pro Co Ltd
- Highgrade Tech Co Ltd
- B Tech International Ltd
- Unicol Engineering
- Videosecu
- Legrand Av Division
- Shenzhen Xinadda Ir Pi Products Co
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Fixed Wall Mount
- Full-Motion Wall Mount
- Tilting Wall Mount
- Ceiling Mount
- Residential and Commercial
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
TV Mount Market Drivers and Opportunities
Rising Living Standard of People is Driving the Demand for TV Mounts.
Emerging economies across the globe, including India, Brazil, Argentina, Malaysia, and Mexico, as well as various Southeast Asian economies, are noticing a substantial increase in their GDP, resulting in increased per capita income for the people. This has led to the increasing affordability of people residing in these countries to purchase LED, LCD, or OLED TVs by replacing them with old CRT TVs. Additionally, the growth in developed economies such as the US has also been witnessed. This growth is attributed to the rise in demand for upgrading the TV screen size with bigger ones or with high resolution, hence boosting the growth of the TV mount market. The growing consumer expenditure on home improvement products is expected to have a positive influence on the sales of the TV mounts market.
Evolving preferences of people
In the ever-evolving world of home entertainment, finding the perfect balance between technology and aesthetics is paramount. The preferences of people are changing continuously. Elevating the TV mounting experience to new heights, various innovative solutions boast the TV mount market. At its core, a retractable TV mount is a space-saving prodigy. By allowing users to easily tuck their TV away when it's not in use, they instantly free up precious wall space that can be used for other purposes, such as shelves, artwork, or decorative elements. This flexibility to make the TV disappear at will transforms their living space into a versatile canvas, catering to different needs and occasions. Thus, such evolving preferences of people are creating opportunities for the TV mount market.
TV Mount Market Report Segmentation Analysis
Key segments that contributed to the derivation of the TV mount market analysis are type and application.
- Based on the type, the TV mount market is segmented into fixed wall mount, full-motion wall mount, tilting wall mount, and ceiling mount.
- By application, the market is segmented into residential and commercial The residential segment held a larger market share in 2023.
TV Mount Market Share Analysis by Geography
The geographic scope of the TV mount market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, APAC accounted for the largest TV mount market share. The growing population of the region, coupled with growing urbanization, creates an opportunity for the TV mount market in the region.
TV Mount Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 13.50 billion |
Market Size by 2031 | US$ 46.74 billion |
Global CAGR (2023 - 2031) | 13.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
TV Mount Market News and Recent Developments
The TV mount market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- In August 2023, SANUS, an industry leader in mounts and accessories for TVs and smart devices, announced the VIWLF128-B2 Large In-Wall Full-Motion mount. The mount is a premium-grade solution for installers looking to provide the ultimate viewing experience for screens ranging from 42 to 85 inches. With up to 28 inches of extension and 67 degrees of swivel left and right, this mount sits nearly flush when recessed at just half an inch from the wall. It features an enclosure that provides convenient AV storage while maintaining a professional aesthetic. (Source: Toast, Press Release)
- In March 2024, Gentec International announced its strategic partnership with SANUS, the #1 TV mount brand in the USA, as their exclusive distribution partner for the Canadian market. This collaboration marks a significant milestone in enhancing the home entertainment solutions experience for Canadian retailers and consumers. (Source: FoodStorm, Press Release)
TV Mount Market Report Coverage and Deliverables
The “TV Mount Market Size and Forecast (2023–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global TV mount market is expected to reach US$ 46.74 billion by 2031.
The key players holding majority shares in the global TV mount market are Omnimount, Atdec Pty Ltd, Jiangxi Kingsun Industry Co., Ltd, Display Mount Pro Co., Ltd, and Highgrade Tech Co. Ltd.
The demand for cloud-based and mobile-enabled restaurant catering software is anticipated to play a significant role in the global TV mount market in the coming years.
Increased usage of machine learning and increasing adoption of big data analytics are the major factors that propel the global TV mount market.
The global TV mount market was estimated to be US$ 13.50 billion in 2023 and is expected to grow at a CAGR of 13.7 % during the forecast period 2023 - 2031.