The curved televisions market was valued at USD 5.57 billion in 2021 and is likely to reach USD 38.00 billion by 2029, and is expected to grow at a CAGR of 27.13% during the forecast period.
Market Definition
Curved televisions have more modern features such as ultra-high definition (UHD) resolution and better picture quality. Curved designs provided by manufacturers produce a more balanced and uniform view than their flat counterparts. Geometric distortion can be reduced by using a small amount of curvature. Because of the convergence of light on the centre of the screen, curved televisions provide a better viewing experience than flat televisions due to their larger and brighter screen.
However, the high cost of curved display televisions is a major impediment to the global curved display televisions market’s growth. Furthermore, an increase in R&D expenditure by major players into alternative television technologies such as OLED televisions (organic LED) and an increase in customer expectations from curved televisions are expected to stifle growth in the global curved televisions .
Curved Televisions Market Overview :
Curved televisions provide more modern features with ultra-high definition (UHD) resolution & improved picture quality. Nowadays, Television has become an imperative means of entertainment and education in every home, institution & business globally. Consumer expectations are now increasing for better features and most importantly for better image quality. The demand for innovative & advanced technologies in televisions and changing customer philosophies towards better image quality, size and features about televisions are key drivers for the growth of the global market for curved Televisions. In addition, the durability of curved televisions, environment-friendly technology, and efficient consumption of energy by curved televisions are some major factors contributing to the growth of the global curved televisions .
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Global Curved Televisions Market: Major Players
Samsung Electronics
Sony
Sichuan Changhong
Haier Group
LG Electronics
Global Curved Televisions Market: Types
Large Screen
Medium Screen
Small Screen
Global Curved Televisions Market: Applications
Commercial
Institutional
Residential
Other
Global Curved Televisions : Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Curved Televisions report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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FREQUENTLY ASKED QUESTIONS
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