TV Mounts Market Size, Benefits, Advancements and Growth Opportunities 2019 to 2027

Global TV Mounts market is expected to grow from US$ 2653.8 Mn in 2017 to US$ 3194.4 Mn by 2025 at a CAGR of 2.4% between 2018 and 2025.

The global TV mounts market is experiencing a steady growth owing to the rising living standards, increase in per capita income, and growth in infrastructure improvements in developing as well as developed regions. There are several companies operating in the global market with broad range of product portfolio. TV mounts provide space saving along with enhanced aesthetic and overall design of the room.

The market for TV mounts is booming along with this rising living standard of people is supporting the growth of the global market. The developing economies such as India, Malaysia, Argentina, and several South East Asian economies are remarking significant growth in their GDP which has resulted in the increased per capita income of people. This increase in income led to growth in purchase capability of LCD, LED, or OLED TVs by replacing it with old CRT TVs. Moreover, increased penetration of internet and growth of e-commerce sector in developing economies are further supporting the market growth.

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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., Ltd.

The full-motion wall mounts are extremely flexible, which enables adjusting the TV away from the wall and pan, tilt, or swirl to make TV viewable from multiple angles. These are the most expensive wall mounts as well as complicated to install. These mounts are also motorized that can be automatically turned with the help of remote control. The major benefit of full motion wall mount mechanisms is that the moveable arm, which enables the user / consumers to swivel the TV horizontally. The full motion wall mount or articulating TV mounts offer the consumer or the user to mount the TV at a corner, and this advantage is increasing the interest among the end users in terms of adoption. However, these TV mounts have weight constraints and owing to these, larger TVs cannot be mounted on these mounts. This disadvantage is acting as a barrier to the growth of market for full motion/articulated TV mounts in the current scenario.

Large population in the Asia Pacific region has led to increased demand for residential as well as commercial construction in the region. The APAC region comprises of several developing economies such as China and India as well as many South East Asian countries, strongly demanding for infrastructure projects. The rising population of these countries is the main driver for growth of construction sector in the region. Furthermore, the governments of various economies are taking several measures in order to attract private investments in the construction and infrastructure development. For instance, the 2011-2020 Economic Transformation Program (ETP) by the Malaysian government is attracting a huge FDI in the country’s infrastructure and construction activities. Furthermore, in Philippines, the government has launched public-private partnership (PPP) program for facilitating the development of both national and local level infrastructural projects. Similarly, Thailand’s government is also focused in PPP for enhancing its infrastructure development.

The TV mounts market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global TV mounts market based on various segments. it also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.

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Posted by on Tuesday October 22 2019, 4:04 AM EST. All trademarks acknowledged. Filed under Construction, Semiconductors, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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