TV Mount Market 2027 By Type, and Application

TV Mount Market to 2027 - Global Analysis and Forecast by Type (Fixed Wall Mount, Full-Motion Wall Mount, Tilting Wall Mount, and Ceiling Mount); and Application (Residential and Commercial)

Publication Month : Jan 2020

  • Report Code : TIPTE100001274
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 153
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The TV mount market was valued at US$ 10,264.8 million in 2018 and is expected to grow at a CAGR of 7.2% from 2019 to 2027 to reach US$ 19,089.6 million by 2027.

TV mounts are suitable for flat panel TVs including LED, LCD, OLED, or plasma screen and there are several types of TV mounts available in the market such as fixed wall mount, full-motion wall mount, tilting wall mount, ceiling mount, floor mounted, and pole TV mounts. The selection of type of TV mount is depend upon viewing capabilities and wall bracket. Television is the inevitable part of any household and LCD or LED TVs with pedestal stand acquire lots of space. Thus, acceptance of TV mounts is increasing as a space saving option, which facilitates lightweight LCD, LED, and plasma TVs to easily hang on the wall. The market for TV mounts is booming along with this rising living standard of people is supporting the growth of the global market. The developing economies such as India, Malaysia, Argentina, and several South East Asian economies are remarking significant growth in their GDP which has resulted in the increased per capita income of people. This increase in income led to growth in purchase capability of LCD, LED, or OLED TVs by replacing it with old CRT TVs, which in turn influencing the market growth of TV mount market. Moreover, increased penetration of internet and growth of e-commerce sector in developing economies are further supporting the growth of TV mount market. Along with this, government of several developing economies are taking initiatives for their infrastructural development for residential as well as commercial sector such as educational institutes, hotels, hospitals, and other commercial buildings. This rise in infrastructure is expected to propel the growth of TV mounts market during the forecast period.


Global TV mount Market

Global TV mount Market
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Market Insights

Rising Living Standard of People has Resulted in Increased Demand for TV Mounts

The developing economies across the globe including India, Malaysia, Brazil, Argentina, Mexico, as well as several South East Asian economies are noticing a significant increase in their GDP resulting in increased per capita income of the people. This has led to rising affordability of people residing in these countries to purchase LCD, LED, or OLED TVs by replacing them with old CRT TVs. Furthermore, the growth in developed economies such as the U.S. and Canada has also been witnessed. This growth is attributed to the surge in demand for upgrade the TV screen size with the bigger ones or with high resolution, hence boosting the growth of TV mount market. The availability of internet at cheap rates in some countries such as India has seen a sharp rise in the demand for smart TVs. The proliferation of online streaming services in developing and developed countries has further fueled the demand for smart TVs and TV accessories such as TV wall mounts around the world. The growing consumer expenditure on home improvements products is expected to have a positive influence on the sales of TV mounts market. Further, the growing presence of e-commerce in developing economies owing to increasing internet penetration has driven the market. The companies operating in the TV mounts market are offering their products online to these customers thus, generating more market space. Also, easy availability of no cost EMI is another reason propelling the growth of TV market in these countries.

Type Insights

TV mounts are suitable for any flat panel TV including, LED, OLED, Plasma, or LCD Screen. Several types of TV mounts are available in the market such as Wall Mount, Full-Motion Wall Mount, Tilting Wall Mount, and Ceiling Mount. The choice of the right mount to be fixed depends on factors including, wall bracket as well as viewing capabilities. The global TV Mount market by type was led by fixed wall mount segment and this segment held the largest market share in the recent past. Fixed Wall Mount enables to place the TV as close to the wall as possible making sure that there is enough space to install the cables behind the TV. These are also known as stationary mounts as they are incapable of adjusting once fixed. These mounts are easiest to install and economical as compared to other TV mounts. The fixed wall mounts are also known as low profile wall mounts. These fixed wall mounts have an open architecture construction which offer the TV with increased ventilation. The market for fixed wall mount has flourished since the evolution of LCD TVs. The demand for fixed wall mount architecture among the TV OEMs is directly proportional to the rise in manufacturing of TVs. The demand for fixed wall mount is majorly among the residential applications, however, the adoption of these TV mounts in growing in the commercial sectors as well, which is likely to drive the growth of the TV mount market.
                                       

Global TV mount Market, by Fabric Material – 2018 & 2027

Global TV mount Market, by Fabric Material – 2018 & 2027
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Application Insights

The TV Mount market is segmented on basis of application as residential, and commercial sectors. The global TV Mount market based on application was led by residential sector segment and held the largest market share. Rising number of residential consumption witnessed the increased volumes of TV mounts installed in a single residential facility which is the major driving factors for the adoptions of these products by the residential sector. The residential sector is witnessing an increase in the installations of TV mounts owing to increasing purchase of flat screen TVs as well as rising living standards of people, which is further propelling the TV mount market growth. The customers use these mounts to save space as well as to enhance their house decoration. The global residential construction market has witnessed healthy growth rates in the past few years. Increasing urbanization in most of the developing nations, as well as the developed nations, have led to the increased residential constructions. This has resulted in increased demand for TVs. Also, with the high standard of living and increased per capita income, people are installing more than one TV set per residence.

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TV Mount Market: Strategic Insights

tv-mounts-market
Market Size Value inUS$ 10,264.8 Million in 2018
Market Size Value byUS$ 19,089.6 Million by 2027
Growth rateCAGR of 7.2% from 2019-2027
Forecast Period2019-2027
Base Year2019
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Strategy and business planning strategy is commonly adopted by companies to expand their footprint worldwide, which is further impacting the size of the market. The players present in the TV mount market adopt the strategy of expansion and investment in research and development to enlarge customer base and to gain significant market share across the world, which also permits the players to maintain their brand name globally.

Global TV mount Market – By Type

  • Fixed Wall Mount
  • Full-Motion Wall Mount
  • Tilting Wall Mount
  • Ceiling Mount
  • Others


Global TV mount Market – By Application

  • Residential
  • Commercial


Company Profiles

  • 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)
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type ; and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which key factors drive the growth of TV mounts globally?

The rising living standard of people has resulted in increased demand for TV mounts coupled with various advantages offered by TV mounts is propelling the market growth globally. The availability of internet at cheap rates in some countries such as India has seen a sharp rise in the demand for smart TVs. The proliferation of online streaming services in developing and developed countries has further fueled the demand for smart TVs and TV accessories such as TV wall mounts around the world.

In 2018, which sub-segment was dominating the global TV mount market by the types segment?

The fixed wall mount dominated the global TV mount market by the type segment in 2018. The fixed wall mounts are also known as low profile wall mounts. These fixed wall mounts have an open architecture construction which offer the TV with increased ventilation. The key advantage of fixed wall mounts is the capability to mount TVs sizing from 23 inches to 70 inches. The market for fixed wall mount has flourished since the evolution of LCD TVs.

Which is the most widely used application of TV mount and why?

Residential accounted to be the most widely used application for TV mount market. The residential sector is witnessing an increase in the installations of TV mounts owing to increasing purchase of flat screen TVs as well as rising living standards of people. The customers use these mounts to save space as well as to enhance their house decoration.

The List of Companies - Global TV Mounts Market

  1. Omnimount
  2. Atdec Pty Ltd
  3. Jiangxi Kingsun Industry Co., Ltd
  4. Display Mount Pro Co., Ltd
  5. Highgrade Tech Co. Ltd
  6. B-Tech International Ltd.
  7. Unicol Engineering
  8. Videosecu
  9. Legrand Av Division
  10. Shenzhen Xinadda Ir-Pi Products Co., Ltd
  11. Snapav (Strong)

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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