Global TV Mounts Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The TV wall mount is a peripheral device for televisions (flat panel TVs generally), which is used for hanging the television on the wall. TV wall mount can be divided into adjustable TV wall mount, fixed TV wall mount, etc. It is applicable to family living rooms, bedrooms, offices, conference halls, exhibition halls, hotels, airports, railway stations, hospitals, bus stops, shopping plazas and other places.
Market Overview:The latest research study on the global TV Mounts market finds that the global TV Mounts market reached a value of USD 2046.92 million in 2022. It’s expected that the market will achieve USD 2521.78 million by 2028, exhibiting a CAGR of 3.54% during the forecast period.
TV Wall Mounts Market Challenges
Under the influence of the epidemic, many raw material factories have been closed, and it will take some time for these factories to fully resume operation. When the factory reopens, it needs to bear the risk of epidemic. The company needs to buy epidemic prevention products every day and disinfect factories to ensure the safety of employees, thus increasing the labor cost of the company. These factors have greatly hindered the recovery of the industrial chain. The industrial chain has been affected, the factory can't produce products and the price fluctuation of raw material has challenged TV wall mount manufacturers.
Although TV wall mount is convenient, TV stands still have some advantages, which make them still practical. Most TV wall mounts are designed to help hide cables and make the TV area look neat, so hiding wires when using wall-mounted installation may also lead to more expenses. Using the TV stand, it can set up entertainment system by easily setting up outlets and cables without moving TV. TV stands occupy a part of the market share, which affects the expansion of TV wall mount market.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Legrand, Ergotron, LG, Peerless and Shenzhen Xinadda are the five key players in the global TV Mounts market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global TV Mounts market in the past 5 years.
Legrand is the global specialist in electrical and digital building infrastructures. The brand of Legrand AV is a leading global provider of innovative mounting and display solutions for various audio visual technologies. Its innovative products, sold principally under the Chief, Da-Lite, Middle Atlantic, Projecta, Sanus, and Vaddio brand names, are distributed through numerous channels.
Ergotron, Inc. is a global company focused on improving how people work, learn, play and care for others. Its custom solutions group provides innovative product offerings to companies like Amazon, Haworth, GE Healthcare and Cisco Systems.
The company has a 35-year history of innovation with more than 200 patents and a growing portfolio of award-winning brands including WorkFit®, CareFit™, LearnFit®, JŪV™ and OmniMount®.
Ergotron is headquartered in St. Paul, Minnesota, with a global sales and marketing presence in North America, Europe and Asia Pacific. All products are designed in the United States and produced in Ergotron’s facilities in St. Paul and China.
Segmentation Overview:Among different product types, Adjustable TV Wall Mount segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Residential Use segment occupied the biggest share from 2018 to 2022.
Key Companies in the global TV Mounts market covered in Chapter 3:LUMI LEGEND
Changzhou Yuming
Legrand
Ningbo Tianyi Electronics Co., Ltd
Kanto
Fenghua Yuanfan
Shenzhen Xinadda
ZILLA
VideoSecu
Yuyao Yuda
Daveco
AVF
Ningbo Honsunmount
Ruian QM
Qidong Vision
Locteck
Cinemount
Peerless
Ergotron
Husky Mount
MW Products
KINGSTAR DISPLAYS
Vogel's
Lilong
Premier Mounts
LG
Crimson
In Chapter 4 and Chapter 14.2, on the basis of types, the TV Mounts market from 2018 to 2029 is primarily split into:Adjustable TV Wall Mount
Fixed TV Wall Mount
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the TV Mounts market from 2018 to 2029 covers:Residential
Commercial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)