Curved Televisions Market Synopsis:
Curved Televisions Market Size Was Valued at USD 4.99 Billion in 2023, and is Projected to Reach USD 59.48 Billion by 2032, Growing at a CAGR of 31.7 % From 2024-2032.
The Curved Televisions Market concerns the global industry of firms and companies involved in manufacturing, distributing, and retailing of curved screen television sets. These TVs have a curved screen, which gives the viewer an improved feel with the screen because of improved image immersion, improved viewing angle as well as little or no glare on the screen.
In the last one or two decades the curved household electronic televisions market has moved deliberately intending the new developmental technologies and the growing demand of the people for home theatre. The curve TVs are meant to offer the looks and handling that the originating consumers viewing home- theater like experience has. The advancement in epitaxial growth of OLED and QLED curved televisions has made their usage more beneficial with better quality of pictures, intense color and increased contrasting ratios. Besides, 4 and 8K resolutions have provided various improved markets of curved TVs to the intelligent customer.
The global market also emerges due to higher disposable per capita income and from the rising trend of smart homes and home automation. Today, the Manufacturers are more concentrated on optimizations such as voice command, smart integration facilities and connectivity. While the early adopter was studying in the advanced country all the sudden the developing country also contributed to the market demand as the consumer has shifted towards advanced electronic products.
Curved Televisions Market Trend Analysis:
Technological Innovation Drives Adoption
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The curved television markets include artificial intelligence and smart technologies. Other currently positioned smart TV features like voice command, recommended content, and better upscaling are also implemented with Artificial intelligence in leading manufacturers’ curved TVs. Of course, these improvements in the elements of user experience do not only lead to greater appreciation but also to new types of market offerings. Moreover, thanks to the gaming functions like low input lag, high refresh rates, and compatibility with gaming consoles more youths have thought of curved TVs.
Expansion in Emerging Markets
- Asia-Pacific, Latin America and the Middle Eastern markets especially are exaggerating on such products which includes luxurious, lifestyle products as well as an improvement on build-in advanced televisions. The fixed structure stores are also significantly benefiting from e-commerce sales since consumer employ various products and relatively cheap costs. For this reason, current manufacturers are introducing to the market cheap curved TV models that offer excellent quality and functionality, although not targeting the hi-end segments.
Curved Televisions Market Segment Analysis:
Curved Televisions Market is Segmented on the basis of type, size, end user, and region.
By Type, the Cable track cables segment is expected to dominate the market during the forecast period
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The Cable Track Cables segment is expected to be the largest and fastest-growing segment of the curved televisions market during the forecast period. That is why this segment is dominant because of connectivity and transmission which plays a vital role in providing High-Definition content. Growth in the use of streaming services, 4K/8K resolutions deliver the need, and the necessity for quality and optimal cabling systems. To meet the ever-rising demand for high-speed, high-data integrity data links manufacturers are now concentrating on coming up with new cable layouts.
By Size, the Large-sized Curved Televisions segment is expected to hold the largest share
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The Large Curved segment should appeal to more consumers since its theory holds the view that many of consumers are in search of large displays for engaging experiences. Notably, large curved TVs are more selected by those whose living room is large and to the sports bar and event(place) since audience full interaction is important. This growth is hitched on the development in display technologies that assure best picture qualities and reliability and, therefore, forms part of the customer’s reasonable requisite investment.
Curved Televisions Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
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North America will continue to dominate the curved television market throughout the forecast period attributed to early adoption of modern home amusement systems and the market by the key players. Curved TVs are popular in the region as people there expect higher-end electronic products to have something special, and that something, in the case of curved TVs, is curves. Equally important, the U.S. is also identified as one of the principal markets for Omega due to a strong distribution network and its consumers’ high spending on lifestyle products. Furthermore, the ability to command curved TVs with smart home systems has positivelly impacted on their market in the region.
- This sustained and prolonged attention and investment by the region to some relatively new ideas like the next generation, 8K and AI will further strengthen the market. Canada is also looking like it is a rising market since disposable income and technically perfected curved TVs technically perfection consumer knowledge. E-commerce platforms also prioritize the weight twice as high for market development especially North America due to the fact that virtually any segment of the population that is interested in having an opportunity to get many products.
Active Key Players in the Curved Televisions Market
- Changhong Electric Co., Ltd. (China)
- Hisense Group (China)
- Konka Group Co., Ltd. (China)
- LG Electronics Inc. (South Korea)
- Micromax Informatics Ltd. (India)
- Mitsubishi Electric Corporation (Japan)
- Panasonic Corporation (Japan)
- Samsung Electronics Co., Ltd. (South Korea)
- Sharp Corporation (Japan)
- Skyworth Group Limited (China)
- Sony Corporation (Japan)
- TCL Corporation (China)
- Toshiba Corporation (Japan)
- Videocon Industries Ltd. (India)
- Vizio Inc. (USA)
- Other Active Players
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Global Curved Televisions Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 4.99 Billion |
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Forecast Period 2024-32 CAGR: |
31.7 % |
Market Size in 2032: |
USD 59.48 Billion |
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Segments Covered: |
By Type |
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By Size |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Curved Televisions Market by Type
4.1 Curved Televisions Market Snapshot and Growth Engine
4.2 Curved Televisions Market Overview
4.3 Cable Track Cables Torsion Cables
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Cable Track Cables Torsion Cables: Geographic Segmentation Analysis
Chapter 5: Curved Televisions Market by Size
5.1 Curved Televisions Market Snapshot and Growth Engine
5.2 Curved Televisions Market Overview
5.3 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions: Geographic Segmentation Analysis
Chapter 6: Curved Televisions Market by End User
6.1 Curved Televisions Market Snapshot and Growth Engine
6.2 Curved Televisions Market Overview
6.3 Commercial Institutional Residential
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Commercial Institutional Residential: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Curved Televisions Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 CHANGHONG ELECTRIC CO. LTD. (CHINA)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 HISENSE GROUP (CHINA)
7.4 KONKA GROUP CO. LTD. (CHINA)
7.5 LG ELECTRONICS INC. (SOUTH KOREA)
7.6 MICROMAX INFORMATICS LTD. (INDIA)
7.7 MITSUBISHI ELECTRIC CORPORATION (JAPAN)
7.8 PANASONIC CORPORATION (JAPAN)
7.9 SAMSUNG ELECTRONICS CO. LTD. (SOUTH KOREA)
7.10 SHARP CORPORATION (JAPAN)
7.11 SKYWORTH GROUP LIMITED (CHINA)
7.12 SONY CORPORATION (JAPAN)
7.13 TCL CORPORATION (CHINA)
7.14 TOSHIBA CORPORATION (JAPAN)
7.15 VIDEOCON INDUSTRIES LTD. (INDIA)
7.16 VIZIO INC. (USA)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Curved Televisions Market By Region
8.1 Overview
8.2. North America Curved Televisions Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Cable Track Cables Torsion Cables
8.2.5 Historic and Forecasted Market Size By Size
8.2.5.1 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
8.2.6 Historic and Forecasted Market Size By End User
8.2.6.1 Commercial Institutional Residential
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Curved Televisions Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Cable Track Cables Torsion Cables
8.3.5 Historic and Forecasted Market Size By Size
8.3.5.1 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
8.3.6 Historic and Forecasted Market Size By End User
8.3.6.1 Commercial Institutional Residential
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Curved Televisions Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Cable Track Cables Torsion Cables
8.4.5 Historic and Forecasted Market Size By Size
8.4.5.1 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
8.4.6 Historic and Forecasted Market Size By End User
8.4.6.1 Commercial Institutional Residential
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Curved Televisions Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Cable Track Cables Torsion Cables
8.5.5 Historic and Forecasted Market Size By Size
8.5.5.1 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
8.5.6 Historic and Forecasted Market Size By End User
8.5.6.1 Commercial Institutional Residential
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Curved Televisions Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Cable Track Cables Torsion Cables
8.6.5 Historic and Forecasted Market Size By Size
8.6.5.1 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
8.6.6 Historic and Forecasted Market Size By End User
8.6.6.1 Commercial Institutional Residential
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Curved Televisions Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Cable Track Cables Torsion Cables
8.7.5 Historic and Forecasted Market Size By Size
8.7.5.1 Large-sized Curved Televisions Mid-Sized Curved Televisions Small-sized Curved Televisions
8.7.6 Historic and Forecasted Market Size By End User
8.7.6.1 Commercial Institutional Residential
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Global Curved Televisions Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 4.99 Billion |
|
Forecast Period 2024-32 CAGR: |
31.7 % |
Market Size in 2032: |
USD 59.48 Billion |
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Segments Covered: |
By Type |
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By Size |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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