Global Curved Televisions Market Trends, Applications, Analysis, Growth, and Forecast to 2027
The Curved Televisions Market Report Overview:
“The global Curved Televisions Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The Curved Televisions Market report offers in-depth insights, revenue details, and other vital information regarding the global curved televisions market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The report offers insightful and detailed information regarding the various key players operating in the global curved televisions market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global curved televisions market report has been segmented on the basis of screen size, and region.
Currently, Television has become an important means of entertainment and education in every home, institutions and businesses. Consumer expectations are now increasing for better features, and most importantly for better image quality.
Curved televisions offer advanced features of 3D compatibility, auto depth enhancement, reduction in reflection, ultra-high definition (UHD) resolution, and high contrast. Moreover, curved designs offered by manufacturers create a more balanced and uniform view as compared to their flat counterparts. Geometric distortion can be reduced with the help of slight curvature.
For instance, in Flat TVs, the corners of the screen are farther than the centre which makes them smaller, thereby resulting in an elongated trapezoidal view, whereas in curved televisions the slight curvature reduces the distortion by approximately 50% at a typical 8-foot viewing distance.
Increasing demand for innovative technologies in televisions, and shifting customer ideologies towards image quality, size and features about televisions are key drivers for growth of the global curved televisions market. In addition, longer life of curved televisions, environment-friendly technology, and efficient usage of energy by curved televisions are some major factors contributing to growth of the global curved televisions market.
However, high cost of curved display televisions is a key restraint for growth of the global curved display televisions market. In addition, increase in R&D expenditure by major players into alternative television technologies such as OLED televisions (organic LED), and increase in customer expectations from curved televisions are major factors expected to hamper growth of the global curved televisions market.
Currently, the market in North America dominates the global curved televisions market in revenue terms owing to increased adoption of curved televisions by the general population. Europe is currently the second-largest market followed by Asia Pacific. The market in Asia Pacific is expected to witness relatively high growth over the forecast period owing to presence of major market players in the region and availability of curved televisions at a much cheaper price.
Global Curved Televisions Market Segmentation:
Global curved televisions market segmentation by screen size:
- Large-sized Curved Televisions
- Mid-sized Curved Televisions
- Small-sized Curved Televisions
Global curved televisions market segmentation by region:
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
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