A TV wall mount is a device designed for hanging televisions, aimed at saving space and enhancing the viewing experience.
Market Development Status Analysis and Prospect Trend Prediction
Market size and growth: According to our research data, the estimated revenue of the global TV bracket market in 2024 is $2150 million, an increase of 2.67% compared to 2023, and is expected to continue to increase to 2383 million by 2029. The CAGR for 2024-2029 is estimated to be 2.08%.
Driving factors: The continuous expansion of the TV market and the increasing demand for high-definition and large screen TVs from consumers, as well as the promotion of technological innovation and green environmental protection concepts, are the main driving forces for the growth of the TV wall mount market.
Market trend: Personalized demand, intelligent development, and customized services will become important directions for industry development.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global TV wall mount market is moderate. Data shows that in 2023, the total revenue share of the TV wall mount market for the top 3 companies was only 13.19%. The top three companies were Legrand, Ergotron, and LG. In 2023, these three companies' TV bracket market revenue accounted for 6.56%, 4.12%, and 2.51% of the global market, respectively.
Global TV Wall Mount Market Revenue Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, TV wall mounts can be divided into two categories based on whether they are adjustable or not: adjustable TV wall mounts and fixed TV wall mounts. Among them, adjustable TV wall mounts occupy a larger market share, estimated at 52.27% in 2024.
From the perspective of downstream applications, the application of TV wall mounts can be divided into commercial application, residential application, etc. Among them, residential applications dominate the market, with an expected market share of 59.31% by 2024.
Global TV Wall Mount Market Revenue Forecast and Competition Pattern Analysis
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Market Revenue (Million USD)
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Market Share
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Segmented by Type
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Adjustable TV Wall Mounts
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1124
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52.27%
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Fixed TV Wall Mounts
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1026
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47.73%
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Segmented by Application
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Commercial Application
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613
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28.52%
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Residential Application
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1275
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59.31%
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Others
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262
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12.17%
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Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global TV Wall Mount Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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