The global 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.
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. This market is booming along with this rising living standard of people is supporting the growth of the global TV mount market.
The developing economies such as India, Malaysia, Argentina, and several Southeast Asian economies are remarking significant growth in their GDP which has resulted in the increased per capita income of people. Moreover, increased penetration of internet and growth of e-commerce sector in developing economies are further supporting the growth of TV mount market.
As one of the top-level TV bracket manufacturers, we pay attention to the global market as well. The global TV mount market is bifurcated based on the basis of type into fixed wall mount, full-motion wall mount, tilting wall mount, ceiling mount, and others. The fixed wall mount segment accounted for the largest share in the global TV mount market.
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.
Also, these mounts are incompatible for TVs with a back protrusion. These fixed wall mounts have an open architecture construction which offer the TV with increased ventilation. If you have interest, we provide custom tv mounts services.
We also deal with monitor arms wholesale business. The key advantage of fixed wall mounts is the capability to mount TVs sizing from 23 inches to 70 inches. The fixed wall mount market 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, which is further propelling the TV mount market. 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 in turn creating opportunity for the market players to invest in the TV mount market.