Vision Research Report, Recently Announced New Report on “smart TV market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Smart TV market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Smart TV research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Smart TV market revenue share is set to grow at a yearly rate of 25.8% during 2021-2030, while its valuation is Projected to jump from $ 368.9 Mn in 2020 to $32.7 Bn in 2030.
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Report Highlights
Based on the resolution, the smart TV market is segmented into 4K UHD TV, HDTV, Full HD TV, and 8K TV. The 4K HDTV segment registered the highest volume share of around 50% in 2020 and is expected to retain its dominance over the forecast period. 4K TVs have gained substantial traction over the past few years owing to their continuously declining prices. According to the Consumer Technology Association (CTA), the sales of these televisions have outpaced those of HDTVs.
The flat screen type segment dominated the industry in 2020 and accounted for the lion’s share of more than 95% both in terms of volume and revenue. The segment is poised to retain its dominance over the forecast period as well. The high revenue generation can be attributed to the lesser cost of flat-panel TV sets compared to their curved counterparts. The majority of consumers prefer flat screens as they are easier to mount on the wall. The higher preference for flat screens can also be attributed to the mirror effect created by the curve, where the light coming off the display covers the image.
The 46 to 55 inches category dominated the market in 2020, capturing more than 38% of the revenue share. The declining product prices and the rapid integration of 4K technology with attractive features are encouraging consumers to purchase TVs with larger screen sizes. The 4K display is generally suggested for larger TV screens to experience superior picture quality, which smaller screen sizes might not offer. To cater to the growing customer demand, leading vendors have introduced an extensive range of 4K televisions with a screen size between 55 to 85 inches in recent years. The increased availability of an increasing number of products in the market is expected to help widen the customer base, thereby contributing to the growth of the segment.
The Asia Pacific region accounted for the largest market share of more than 38% in 2020 and is expected to continue to dominate over the forecast period as well. The region is also poised to exhibit the fastest growth from 2021 to 2030. The rising adoption of smart televisions in rapidly developing economies, including India, is significantly contributing to the growth of the regional market. Additionally, surging demand for 4K display technology due to consumer inclination toward better picture quality and sleek design is projected to further add to revenue generation opportunities in the region. China holds a substantial chunk of the regional market, supported by new entrants, such as Hisense Co., Ltd., and TCL Corporation, establishing their presence and making the competition fiercer for major players.
Global Smart TV market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Smart TV trade trends and promoting channels analysed. Smart TV Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Resolution Outlook
Global Smart TV Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Smart TV market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Smart TV Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Smart TV Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Smart TV Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Smart TV Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Smart TV Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Screen Type Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Smart TV Market, By Resolution
7.1. Smart TV Market, by Resolution, 2021-2030
7.1.1. 4K UHD TV
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. HDTV
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Full HD TV
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. 8K TV
7.1.4.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Smart TV Market, By Screen Size
8.1. Smart TV Market, by Screen Size, 2021-2030
8.1.1. Below 32 Inches
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. 32 to 45 Inches
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. 46 to 55 inches
8.1.3.1. Market Revenue and Forecast (2016-2030)
8.1.4. 56 to 65 Inches
8.1.4.1. Market Revenue and Forecast (2016-2030)
8.1.5. Above 65 Inches
8.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Smart TV Market, By Screen Type
9.1. Smart TV Market, by Screen Type, 2021-2030
9.1.1. Flat
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Curved
9.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Smart TV Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.1.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.1.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.1.4.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.1.4.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.1.5.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.1.5.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.2.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.2.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.2.4.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.2.4.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.2.5.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.2.5.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.2.6.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.2.6.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.2.7.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.2.7.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.3.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.3.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.3.4.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.3.4.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.3.5.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.3.5.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.3.6.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.3.6.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.3.7.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.3.7.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.4.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.4.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.4.4.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.4.4.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.4.5.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.4.5.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.4.6.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.4.6.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.4.7.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.4.7.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.5.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.5.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.5.4.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.5.4.3. Market Revenue and Forecast, by Screen Type (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Resolution (2016-2030)
10.5.5.2. Market Revenue and Forecast, by Screen Size (2016-2030)
10.5.5.3. Market Revenue and Forecast, by Screen Type (2016-2030)
Chapter 11. Company Profiles
11.1. LG Electronics Inc.
11.1.1. Company Overview
11.1.2. Resolution Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Samsung Electronics Co. Ltd.
11.2.1. Company Overview
11.2.2. Resolution Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Sony Corporation
11.3.1. Company Overview
11.3.2. Resolution Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. VIZIO Inc.
11.4.1. Company Overview
11.4.2. Resolution Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Videocon Industries Ltd.
11.5.1. Company Overview
11.5.2. Resolution Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Sansui Electric Co. Ltd.
11.6.1. Company Overview
11.6.2. Resolution Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Toshiba Corporation
11.7.1. Company Overview
11.7.2. Resolution Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Haier Electronics Group Co., Ltd.
11.8.1. Company Overview
11.8.2. Resolution Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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