With the emergence and long-term Impact of COVID-19, Global Curved Televisions Market to reach USD 48.4 Billion by 2030
Bizwit Research & Consulting LLP’s Recent Analysis Global Curved Televisions Market is poised to raise up to USD 48.4 Billion by 2030. A curved TV is a unique variant of a flat-screen television that features an increased curvature for a more immersive viewing experience. Its design aims to enhance contrast and viewing angles, making it particularly suitable for larger rooms or shared living spaces with multiple viewers. In addition, these televisions often incorporate modern features such as ultra-high definition (UHD) resolution and improved picture quality. With advanced technology, curved TVs deliver high-quality images with deep blacks and vibrant colors, ensuring a satisfying visual experience. The growth in the global Curved Televisions Market is on the back of factors such as increasing adoption of smart TVs, rising OTT technology business model and rising home entertainment segment.
Geographically, the global Curved Televisions Market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 due to the rise in the general public’s use of curved televisions and a growth in the demand for customized television screen solutions. However, Asia Pacific is expected to grow be the fastest growing region during the forecast period, owing to factors such as growth in the retail industry in nations like China and India along with the improved standard of living.
The Global Curved Televisions Market is highly competitive owing to the presence of several key manufacturers such as LG Electronics Inc., Panasonic Corporation, VIZIO Inc., Samsung Electronics Co. Ltd., Haier Group, Sharp Corporation, Koninklijke Philips N.V., Sichuan Changhong Electronics Co. Ltd., Sony Corporation, Hisense Co., Ltd.
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Global Curved Televisions Market Size study & Forecast, by Type (Cable Track Cables, Torsion Cables), by Screen Size (Large-Sized Televisions, Mid-Sized Televisions, Small-Sized Televisions), by End-User (Commercial, Institutional, Residential), and Regional Analysis, 2023-2030
Key findings of the study suggest:
- Global Curved Televisions Market is anticipated to grow with a healthy growth rate of more than 27.13% over the forecast period 2023-2030.
- In the End User segment, Commercial segment emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth Owing to the rise in the general public’s use of curved televisions and a growth in the demand for customized television screen solutions
- Asia-Pacific is expected to grow at higher rate followed by North America during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
- Cable Track Cables
- Torsion Cables
- Large-Sized Curved Televisions
- Mid-Sized Curved Televisions
- Small-Sized Televisions
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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