Market Overview:
The global LED TVs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as technological advancements, increasing demand for smart TVs, and rising disposable income of consumers. In terms of type, the 2D display pattern segment is expected to hold the largest share in the global LED TVs market during the forecast period. This can be attributed to its low cost and easy availability compared with 3D display pattern televisions. In terms of application, exclusive distributors are expected to hold a major share in the global LED TVs market during the forecast period owing to their growing demand for high-end televisions from consumers across different regions.
Product Definition:
LED TVs are televisions that use light-emitting diodes (LEDs) as their backlight instead of the traditional cold cathode fluorescent lamps (CCFLs). LED TVs are thinner, lighter, and more energy-efficient than CCFL-backlit LCD TVs. They also offer a wider viewing angle and better contrast ratios.
2D Display Pattern:
2D display pattern is a method to display multiple images on the screen at the same time, in two dimensions. The 2D technology has been around for decades and was mostly used for static displays such as text and logos. However, with technological advancements it is now being used extensively in all types of consumer electronic products such as LED TVs, smartphones among others.
3D Display Pattern:
3D display pattern is a technology that allows to generate two images and project them on the same screen by using different frames. It creates the illusion of depth and gives an experience of real-life viewing with moving objects, people, animals or any other subject. 3D display patterns are used in LED TVs for creating a realistic view from any angle.
Application Insights:
The exclusive distributors application segment led the global LED TVs market in 2017. This is attributed to the presence of numerous electronic retail stores that exclusively distribute Samsung, LG, Sony and other leading brands. The exclusive distribution channels help reach consumers directly through physical store locations and online portals which increases brand awareness resulting in a higher sale volume for retailers.
The multi-brand dealers application segment is expected to witness significant growth over the forecast period owing to rising penetration of LED TVs by big box stores such as Walmart, Home Depot etc. These hypermarkets/supermarkets sell both local as well as international brands including but not limited to SAMSUNG, Hisense, TCL Electronics Ltd., Bajaj Electronics Ltd., Videocon d2h hdii ltd., Aar-Em electronics Pvt. Ltd., InFocus Corp., Eizo Co,.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing product penetration, rising disposable income of consumers, and improving connectivity. Furthermore, China led the global LED TVs market owing to low production cost coupled with mass availability of raw materials such as gallium nitride (GaN) which is a key component used in manufacturing LEDs.
North America region is projected to register significant growth over the forecast period owing to growing demand from UHDTV’s exclusive distributors including Dish Network Corporation; DirecTV Group Inc.; and Cablevision Systems Corporation. Moreover, growing adoption by military & defense forces along with rapid technological advancements are anticipated boost industry expansion across this region during the same period. Europe also held a considerable share in terms of revenue due high product penetration especially among mid-segment brands like Samsung Electronics Co., Ltd., LG Electronics Inc.
Growth Factors:
- Price erosion is expected to continue in the LED TVs market, owing to advancements in technology and increasing competition among vendors. This will lead to an increase in demand for LED TVs, as consumers shift toward more affordable options.
- The development of quantum dot technology is expected to provide a major boost to the LED TVs market over the next few years. This innovative technology offers improved picture quality and color accuracy, thus resulting in higher consumer demand.
- Increasing penetration of smart TVs is another key growth driver for the LED TVs market . Smart TV features such as voice recognition, gesture control, and app support are becoming increasingly popular among consumers, which is likely to result in higher sales of LED televisions going forward.
Scope Of The Report
Report Attributes
Report Details
Report Title
LED TVs Market Research Report
By Type
2D Display Pattern, 3D Display Pattern
By Application
Exclusive distributors, Multi brand dealers, Hypermarkets/supermarkets, Online portals
By Companies
LG Electronics, Samsung, Sony, Panasonic, Sharp, Toshiba, Hisense, Tcl, Skyworth, Changhong, LG Electronics, Letv, Philips, Xiaomi, Haier
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global LED TVs Market Report Segments:
The global LED TVs market is segmented on the basis of:
Types
2D Display Pattern, 3D Display Pattern
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Exclusive distributors, Multi brand dealers, Hypermarkets/supermarkets, Online portals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LG Electronics
- Samsung
- Sony
- Panasonic
- Sharp
- Toshiba
- Hisense
- Tcl
- Skyworth
- Changhong
- LG Electronics
- Letv
- Philips
- Xiaomi
- Haier
Highlights of The LED TVs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2D Display Pattern
- 3D Display Pattern
- By Application:
- Exclusive distributors
- Multi brand dealers
- Hypermarkets/supermarkets
- Online portals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED TVs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED TVs are a type of television that uses LED backlighting instead of the traditional light bulbs. This technology is more energy-efficient and produces less heat than traditional televisions, which makes them better for the environment.
Some of the key players operating in the led tvs market are LG Electronics, Samsung, Sony, Panasonic, Sharp, Toshiba, Hisense, Tcl, Skyworth, Changhong, LG Electronics, Letv, Philips, Xiaomi, Haier.
The led tvs market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED TVs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED TVs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED TVs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED TVs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED TVs Market Size & Forecast, 2020-2028
4.5.1 LED TVs Market Size and Y-o-Y Growth
4.5.2 LED TVs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 2D Display Pattern
5.2.2 3D Display Pattern
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Exclusive distributors
6.2.2 Multi brand dealers
6.2.3 Hypermarkets/supermarkets
6.2.4 Online portals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED TVs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED TVs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 2D Display Pattern
9.6.2 3D Display Pattern
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Exclusive distributors
9.10.2 Multi brand dealers
9.10.3 Hypermarkets/supermarkets
9.10.4 Online portals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 2D Display Pattern
10.6.2 3D Display Pattern
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Exclusive distributors
10.10.2 Multi brand dealers
10.10.3 Hypermarkets/supermarkets
10.10.4 Online portals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 2D Display Pattern
11.6.2 3D Display Pattern
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Exclusive distributors
11.10.2 Multi brand dealers
11.10.3 Hypermarkets/supermarkets
11.10.4 Online portals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 2D Display Pattern
12.6.2 3D Display Pattern
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Exclusive distributors
12.10.2 Multi brand dealers
12.10.3 Hypermarkets/supermarkets
12.10.4 Online portals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 2D Display Pattern
13.6.2 3D Display Pattern
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Exclusive distributors
13.10.2 Multi brand dealers
13.10.3 Hypermarkets/supermarkets
13.10.4 Online portals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED TVs Market: Competitive Dashboard
14.2 Global LED TVs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Electronics
14.3.2 Samsung
14.3.3 Sony
14.3.4 Panasonic
14.3.5 Sharp
14.3.6 Toshiba
14.3.7 Hisense
14.3.8 Tcl
14.3.9 Skyworth
14.3.10 Changhong
14.3.11 LG Electronics
14.3.12 Letv
14.3.13 Philips
14.3.14 Xiaomi
14.3.15 Haier
