Global Television (TV) Mount Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Television (TV) Mount Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Television (TV) Mount is a TV peripheral device specially developed for flat-panel TV, LCD TV hanging on the wall. It is suitable for family living room, bedroom, office, conference hall, exhibition hall, hotel, airport, railway station, hospital, bus station, shopping plaza and other places.

Market Overview:

The latest research study on the global Television (TV) Mount market finds that the global Television (TV) Mount market reached a value of USD 2146.98 million in 2022. It’s expected that the market will achieve USD 2419.27 million by 2028, exhibiting a CAGR of 2.01% during the forecast period.

Upstream raw material price fluctuations

Affected by the epidemic, prices in the global steel industry have fluctuated. The main raw materials of TV mount are stainless steel, cold-rolled steel, etc. The rise in raw material prices will increase the cost of manufacturers, and the decline in raw material prices will reduce production costs.

Logistics are affected

Due to the prevention and control of the epidemic in various countries, logistics and transportation have been affected, resulting in problems in the delivery of finished products. International flights have been greatly reduced, and many international express companies such as UPS and DHL have announced the suspension of delivery services to countries in the affected areas. Foreign buyers suspend or cancel orders. The closure of offline retail stores has also resulted in stagnant product sales.

Improve the automation and intelligence level of the production system

The epidemic also reminds the managers of TV mount manufacturers to further improve the automation and intelligence of the production system. The automation and unmanned production line not only conforms to the general trend of increasing labor costs year by year, but also helps to improve the impact resistance of the production system of enterprises under sudden epidemics.

The rapid development of e-commerce industry

With the rapid development of e-commerce industry, many industries have developed the synchronous operation mode of online websites and offline stores, and Television (TV) Mount industry has joined in. Online sales websites reduce many business components, including employees, procurement costs, telephone calls, data input, and requirements for opening physical stores, thus reducing transaction costs; Business management becomes easier: compared with traditional physical store management, online sales websites are easier to record store inventory, transportation, logs and overall business transactions. Online sales website also provides real-time update function, which can explore all the latest business trends, communicate with customers in time, solve problems and improve customer satisfaction. Many dealers choose to receive goods online, and orders can be tracked and managed online. The convenience of Internet and the development of e-commerce promote the demand growth of Television (TV) Mount industry.

Intense competition in the industry

With the development of the Internet and the rise of e-commerce, TV mount product prices, product types, and product functions have become more transparent. Before purchasing a TV mount, consumers can obtain a large amount of information through online channels, and their choices are gradually increasing. The homogeneity of TV mount products is serious. When consumers choose products, price becomes an important criterion. Based on the above reasons, low-price competition has gradually become an important means for TV mount companies to compete for market share. The phenomenon of low-price competition forces more companies to be involved in price wars. In this process, small and medium-sized enterprises with weak financial strength are more likely to be eliminated by the market.

Region Overview:

In 2022, the share of the Television (TV) Mount market in Asia-Pacific stood at 38.92%.

Company Overview:

Legrand is one of the major players operating in the Television (TV) Mount market, holding a share of 6.31% in 2022.

Legrand

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

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.

Segmentation Overview:

By type, Fixed Wall Mount segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Residential, with a market share of 60.15% in 2022.

Key Companies in the global Television (TV) Mount market covered in Chapter 3:

Qidong Vision
Ruian QM
Ningbo Tianyi Electronics Co., Ltd
Kanto
Premier Mounts
Atdec pty ltd
Shenzhen Xinadda
Ningbo Honsunmount
Fenghua Yuanfan
AVF
Legrand
Peerless
LG
Crimson
ZILLA
Promounts
KINGSTAR DISPLAYS
Cinemount
Locteck
MW Products
Changzhou Yuming
Lilong
Vogel's
Mount-It!
VideoSecu
Display Mount Pro Co, Ltd
Yuyao Yuda
Husky Mount
Ergotron
LUMI LEGEND
Daveco

In Chapter 4 and Chapter 14.2, on the basis of types, the Television (TV) Mount market from 2018 to 2029 is primarily split into:

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

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Television (TV) Mount 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)