The global market for television (TV) mount is projected to rise at a compound annual growth rate (CAGR) of 32.30%, from an estimated USD 1725.8 million in 2023 to USD 21430.34 million in 2032.The television (TV) mount market has experienced significant growth in recent years, driven by the increasing adoption of flat-screen televisions, the growing trend of home theater setups, and the rising consumer preference for aesthetically pleasing living spaces. TV mounts, which include wall mounts, ceiling mounts, and desktop mounts, offer a variety of solutions to enhance viewing experiences and save space, making them an integral part of modern home and office environments.
Browse the full report at https://www.credenceresearch.com/report/television-tv-mount-market
Market Drivers
1. Rising Popularity of Flat-Screen Televisions
The surge in demand for flat-screen TVs, such as LED, OLED, and QLED, has directly impacted the TV mount market. These sleek, slim-profile televisions are designed to be mounted, offering a seamless and clutter-free look. The trend towards larger screen sizes, which often require sturdier and more versatile mounting solutions, has further propelled market growth.
2. Advancements in TV Mount Technology
Innovations in TV mount technology have made installations easier and more accessible to the average consumer. Features such as full-motion mounts, which allow for tilting, swiveling, and rotating, provide users with optimal viewing angles. Additionally, advancements in materials and design have led to the development of mounts that can support heavier and larger screens without compromising on safety or stability.
3. Growing Trend of Home Theater Systems
The rising popularity of home theater systems has significantly boosted the demand for TV mounts. Consumers are increasingly seeking to replicate the cinematic experience in their homes, which often involves mounting large screens on walls or ceilings for an immersive viewing experience. TV mounts play a crucial role in optimizing space and achieving the desired aesthetic and functional outcomes.
4. Space Optimization in Urban Living
With urbanization leading to smaller living spaces, the need for space-saving solutions has become paramount. TV mounts offer an effective way to free up floor space, allowing for more efficient use of available area. This trend is particularly evident in metropolitan regions where apartment living is prevalent.
Market Segmentation
The TV mount market can be segmented based on product type, application, and region.
1. By Product Type
– Wall Mounts: The most popular type, wall mounts come in fixed, tilting, and full-motion variants, catering to various consumer needs.
– Ceiling Mounts: Ideal for commercial spaces and home theaters, ceiling mounts are favored for their ability to provide unobstructed viewing angles.
– Desktop Mounts: Commonly used in office environments, desktop mounts are essential for optimizing workspace ergonomics.
2. By Application
– Residential:Driven by the increasing adoption of home entertainment systems and the desire for stylish interiors.
– Commercial Includes use in offices, retail spaces, educational institutions, and healthcare facilities, where mounted TVs serve purposes ranging from presentations to information display.
3. By Region
– North America: A leading market due to high consumer spending power and the widespread adoption of advanced home entertainment systems.
– Europe: Strong growth driven by the increasing trend of home automation and smart homes.
– Asia-Pacific: The fastest-growing market, fueled by rising disposable incomes, urbanization, and technological advancements.
– Latin America and Middle East & Africa:** Emerging markets with significant potential for growth due to increasing technological adoption and improving economic conditions.
Competitive Landscape
The TV mount market is highly competitive, with numerous players vying for market share. Key companies include:
– Legrand AV (Chief)
– Milestone AV Technologies
– Sanus
– Peerless-AV
– Vogel’s
– Mount-It!
– Kanto
These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Customization and ease of installation are key factors driving consumer preference, prompting manufacturers to develop versatile and user-friendly products.
Future Outlook
The TV mount market is expected to continue its upward trajectory, driven by ongoing technological advancements and changing consumer preferences. The integration of smart features, such as automated and remote-controlled mounts, is likely to further enhance the market’s appeal. Additionally, the trend towards minimalistic and space-efficient living will sustain the demand for innovative mounting solutions.
Key Players
- 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
- Snapav (Strong)
- Others
Segmentation
- By Mount Type
- Fixed Mounts
- Tilting Mounts
- Articulating (Swivel or Full-Motion) Mounts
- Ceiling Mounts
- Under-Cabinet Mounts
-
By Compatibility
- Size Compatibility
- VESA Compatibility
-
By Installation Method
- Wall-Mounted
- Freestanding
-
By Material and Design
- Metal Mounts
- Plastic Mounts
-
By Additional Features
- Cable Management
- Built-in Level
- Locking Mechanism
- Adjustable Height
-
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- The Rest of the Middle East and Africa
- North America
About Us:
Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.
Contact:
Credence Research
Please contact us at +91 6232 49 3207
Email: sales@credenceresearch.com