Global Television TV Mount Market Overview:
Television TV Mount Market Size was estimated at 13.5 (USD Billion) in 2023. The Television TV Mount Market Industry is expected to grow from 15.34 (USD Billion) in 2024 to 48.16 (USD Billion) by 2032. The Television TV Mount Market CAGR (growth rate) is expected to be around 13.70% during the forecast period (2024 - 2032).
Key Television TV Mount Market Trends Highlighted
Television TV mount market is driven by factors including technological advancements, growing popularity of wall-mounted televisions, and increasing demand for ergonomic viewing experiences.
The rising adoption of smart televisions and the trend towards larger screen sizes are creating opportunities for manufacturers of TV mounts that can accommodate the latest technological advancements. Furthermore, the growing popularity of home entertainment systems and the increasing use of streaming services are contributing to the demand for versatile and functional TV mounts. Additionally, the trend towards more ergonomic and space-efficient home furnishing is driving the demand for TV mounts that offer adjustable viewing angles and concealed cable management systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Television TV Mount Market Drivers
Increased Demand for Enhanced Viewing Experiences
The rising demand for immersive and enhanced viewing experiences is a primary driver of the Television TV Mount Market Industry. Consumers are increasingly seeking ways to optimize their TV viewing setups for maximum comfort, convenience, and visual enjoyment. TV mounts provide a versatile solution by allowing users to adjust the position and angle of their TVs, creating an optimal viewing experience tailored to their preferences. This growing demand for enhanced viewing experiences is expected to continue driving market growth in the coming years.
Technological Advancements and Smart Home Integration
Rapid technological advancements are also fueling the growth of the Television TV Mount Market Industry. The advent of smart TVs, home automation systems, and IoT devices is creating a seamless and connected home experience. TV mounts are becoming an integral part of this ecosystem, enabling users to integrate their TVs into their smart home setups. The ability to control TV mounts remotely, adjust viewing angles with voice commands, and access personalized content recommendations is increasing their appeal among consumers, driving market demand.
Growing Popularity of Streaming Services and Content Consumption
The proliferation of streaming services and the increasing consumption of online content are significantly contributing to the growth of the Television TV Mount Market Industry. With more consumers opting for streaming platforms over traditional cable or satellite TV, the need for flexible and space-saving TV mounting solutions is growing. TV mounts allow users to optimize their TV placement in smaller living spaces, apartments, or rooms with limited wall space, creating a dedicated entertainment zone without compromising on comfort or aesthetics.
Television TV Mount Market Segment Insights:
Television TV Mount Market Product Type Insights
The market is segmented by product type, distribution channel, and region. Growth of the Market Among product type, the market is segmented into Fixed TV Wall Mounts, Full Motion TV Wall Mounts, Ceiling TV Mounts, Projector Mounts, and TV Stand Mounts. Full Motion TV Wall Mounts hold the largest market share in 2023. Due to the growing number of large-screen TV’s across the globe the demand for this segment is also increasing. Additionally, the inclination of the consumers for flexible viewing angles is also fueling the growth of this segment. In contrast, the Ceiling TV Mounts segment is expected to register the highest CAGR by 2032.This is due to the increasing demand for the space-saving solution in both home and office premises. By distribution channel, the market is divided between online and offline channels. Although the online channel is expected to have the highest growth rate, the offline channel is expected to account for the most significant market share. Most of the consumers prefer this channel because they can see and touch the product before they acquire it. Finally, the market is divided by region into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.The North America region will have the highest market share in 2023, and will later be followed by Europe and Asia Pacific. Due to the early adoption of new technologies, the North America region is beginning to dominate. The Asia Pacific region is expected to grow with the highest CAGR by 2032 because of the growing disposable income and the growing trend for home entertainment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Television TV Mount Market Application Insights
The Application segment of the Television TV Mount Market exhibits a dynamic landscape, with distinct segments catering to diverse user needs. The residential segment dominates the market, accounting for a significant share of the Television TV Mount Market revenue. The growing demand for home entertainment systems and the increasing popularity of large-screen TVs drive the growth of this segment.
The commercial segment holds a substantial market share, driven by the rising adoption of TVs in offices, hotels, and retail stores. The professional AV segment is expected to witness steady growth, fueled by the increasing demand for high-quality audio-visual experiences in conference rooms, auditoriums, and other professional settings.The Television TV Mount Market segmentation provides valuable insights into the market dynamics, enabling manufacturers to tailor their strategies to meet the specific needs of each segment.
Television TV Mount Market Size Range Insights
The Size Range segment is a crucial factor in the Television TV Mount Market segmentation. It categorizes the market based on the size of televisions that the mounts are designed to support. The 'Up to 37 inches' segment accounts for a significant share of the market, catering to smaller televisions commonly found in bedrooms and kitchens. The '38-55 inches' segment holds a larger share, as it accommodates the most popular TV sizes used in living rooms and entertainment areas. The '56-75 inches' segment is growing rapidly, driven by the increasing demand for larger screen televisions.The 'Above 75 inches' segment, though smaller in market share, represents a niche market for ultra-large televisions used in home theaters and commercial applications.
Television TV Mount Market Material Insights
The Television TV Mount Market is segmented based on material into steel, aluminum, and plastic. Steel holds the largest market share due to its durability, strength, and affordability. Steel TV mounts are ideal for larger TVs and can withstand heavy loads. Aluminum TV mounts are lightweight and corrosion-resistant, making them suitable for outdoor use. Plastic TV mounts are the most affordable option and are available in a variety of colors and styles. The Television TV Mount Market revenue for steel TV mounts was valued at USD 1.25 billion in 2023 and is projected to reach USD 1.6 billion by 2032, growing at a CAGR of 3.52%.The Television TV Mount Market revenue for aluminum TV mounts was USD 0.95 billion in 2023 and is projected to reach USD 1.2 billion by 2032, growing at a CAGR of 3.2%. The revenue for plastic TV mounts was USD 0.75 billion in 2023 and is projected to reach USD 1 billion by 2032, growing at a CAGR of 3.1%.
Television TV Mount Market Load Capacity Insights
Load Capacity is a crucial parameter when evaluating Television TV Mounts. In 2023, the 101-150 kg (221-330 lbs) load capacity segment dominated the Television TV Mount Market with a revenue share of 35.6%. This dominance is attributed to the increasing demand for larger, heavier televisions. The 51-100 kg (111-220 lbs) and 151 kg (331 lbs) and above segments are also expected to witness significant growth due to the growing popularity of curved and ultra-slim televisions. The rising demand for aesthetic and functional TV mounting solutions is shaping market growth.
Television TV Mount Market Regional Insights
The Television TV Mount Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to have the largest market share in 2023, due to the increasing demand for home entertainment systems and the growing popularity of streaming services. Europe is also a major market for television TV mounts, with a significant demand for high-quality and durable mounts.
APAC is expected to witness the highest growth rate during the forecast period, driven by the increasing middle-class population and the rising disposable income. South America and MEA are expected to have a moderate growth rate, due to the improving economic conditions and the increasing adoption of smart TVs.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Television TV Mount Market Key Players And Competitive Insights:
Major players in Television TV Mount Market are constantly innovating and developing new products to meet the ever-changing needs of consumers. A few of the leading Television TV Mount Market players include Sanus, Chief, Ergotron, and Peerless-AV. These companies offer a wide range of TV mounts, from basic fixed mounts to advanced motorized mounts that can be controlled with a remote control or smartphone app. The Television TV Mount Market industry is highly competitive, with a number of major players vying for market share. The competitive landscape is characterized by a mix of established players and emerging challengers.One of the leading companies in the Television TV Mount Market is Sanus. The company offers a wide range of TV mounts, including fixed mounts, tilting mounts, full-motion mounts, and outdoor mounts. Sanus TV mounts are known for their quality, durability, and ease of installation. The company also offers a variety of accessories, such as cable management kits and soundbars. Sanus is a trusted brand among consumers and is known for its innovative products and excellent customer service.A major competitor in the Television TV Mount Market is Chief. The company offers a wide range of TV mounts, including fixed mounts, tilting mounts, full-motion mounts, and projector mounts. Chief TV mounts are known for their strength, durability, and versatility. The company also offers a variety of accessories, such as cable management kits and wall plates. Chief is a trusted brand among consumers and is known for its high-quality products and excellent customer service.
Key Companies in the Television TV Mount Market Include:
-
Cheetah
-
Sanus
-
Chief
-
Fleximounts
-
Ergonomine
-
RAM Mounts
-
OmniMount
-
Humanscale
-
AmazonBasics
-
VESA
-
PERLESMITH
-
Vogel's
-
WALIn
-
Echogear
-
Monoprice
Television TV Mount Industry Developments
The Television TV Mount Market is projected to grow from USD 4.25 billion in 2023 to USD 5.8 billion by 2032, exhibiting a CAGR of 3.52% during the forecast period. The market growth is primarily driven by the increasing demand for larger and more advanced televisions, the rising popularity of home entertainment systems, and the growing adoption of smart TVs. Technological advancements, such as the development of motorized mounts and mounts with integrated features like cable management systems, further fuel the market expansion.Recent news developments in the market include the launch of new products by key players, such as the introduction of Samsung's "The Sero" TV mount, which allows users to rotate their TVs vertically for mobile content viewing. Additionally, partnerships and collaborations between industry participants are driving innovation and expanding market reach. For instance, in 2023, Vogel's partnered with Screen Innovations to offer a complete solution for motorized TV mounts and projection screens.
Television TV Mount Market Segmentation Insights
-
Television TV Mount Market Product Type Outlook
-
Television TV Mount Market Application Outlook
-
Residential
-
Commercial
-
Professional AV
-
Television TV Mount Market Size Range Outlook
-
Up to 37 inches
-
38-55 inches
-
56-75 inches
-
Above 75 inches
-
Television TV Mount Market Material Outlook
-
Television TV Mount Market Load Capacity Outlook
-
Television TV Mount Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia Pacific
-
Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2023 |
13.5 (USD Billion) |
| Market Size 2024 |
15.34 (USD Billion) |
| Market Size 2032 |
48.16 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
13.70% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Cheetah, Sinus, Chief, Flex mounts, Ergonovine, RAM Mounts, Omni Mount, Humanscale, Amazon Basics, VESA, PERLESMITH, Vogel’s, WALIn, Echo gear, Monoprice |
| Segments Covered |
Product Type, Application, Size Range, Material, Load Capacity, Regional |
| Key Market Opportunities |
Increasing demand for Smart TVs Rising disposable income Growing popularity of home entertainment Advancements in TV technology Expansion in the gaming industry |
| Key Market Dynamics |
Increasing demand for aesthetically pleasing home interiors growing popularity of smart TVs rise in disposable income expanding ecommerce industry technological advancements |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Television TV Mount Market is expected to reach an overall valuation of 13.5 billion USD in 2023.
The Television TV Mount Market is projected to reach an overall valuation of 48.16 billion USD in 2032.
The Television TV Mount Market is anticipated to grow at a CAGR of 13.70% from 2024 to 2032.
The North American region is expected to dominate the Television TV Mount Market due to the increasing demand for televisions and the growing popularity of home entertainment systems.
Television TV Mounts are primarily used for mounting televisions on walls, ceilings, and other surfaces. They offer various benefits, including space optimization, improved viewing angles, and enhanced aesthetics.
Some of the key competitors in the Television TV Mount Market include Sanus, Vogel's, Peerless-AV, Chief Manufacturing, and Ergotron.
The growth of the Television TV Mount Market is driven by factors such as the increasing popularity of large-screen televisions, the rising demand for home entertainment systems, and the growing adoption of smart TVs.
The Television TV Mount Market faces challenges such as intense competition, the availability of low-cost substitutes, and the impact of economic downturns on consumer spending.
Opportunities for growth in the Television TV Mount Market include the development of innovative products, the expansion into emerging markets, and the adoption of new technologies such as augmented reality and virtual reality.
Key trends shaping the Television TV Mount Market include the increasing popularity of motorized mounts, the growing demand for mounts that support multiple displays, and the integration of smart features such as voice control and motion detection.
