How Has the Curved Televisions Market Evolved Historically and What is its Current Size?
The curved televisions market has seen considerable growth due to a variety of factors.
• The curved televisions market has grown steadily in recent years. It will increase from $11.59 billion in 2024 to $12.61 billion in 2025, with a CAGR of 8.8%.
This growth is driven by larger screen sizes, higher resolution standards, content availability, expanded retail channels, and increasing popularity of curved television models.
What Does Future Hold for The Curved Televisions Market By 2029?
The curved televisions market is expected to maintain its strong growth trajectory in upcoming years.
• The curved televisions market is projected to grow significantly, reaching $17.43 billion by 2029 at a CAGR of 8.4%.
Growth drivers include rising demand for immersive viewing, growing disposable incomes, the increasing preference for online shopping, and declining prices of curved TV models. Key trends include improved viewing experiences, technological advancements, better gaming experiences, and integration with consumer electronics.
What Are The Primary Growth Drivers In The Curved Televisions Market?
The increasing popularity of online gaming is expected to boost the growth of the curved televisions market. Online gaming, which allows players to interact globally in real-time, is growing due to accessibility, variety, and social interaction. Curved televisions enhance the gaming experience by providing a wider field of view and reducing glare, making long gaming sessions more comfortable. For example, in July 2023, the London Economic reported that the number of active online gamblers in the UK reached 24.7 million, a 6.2% increase from 2022. As online gaming rises in popularity, the demand for curved televisions increases.
What Is The Segmentation Of The Global Curved Televisions Market?
The curved televisions market covered in this report is segmented –
1) By Type: Cable Track Cables, Torsion Cables
2) By Screen Size: Large-Sized Curved Televisions, Mid-Sized Curved Televisions, Small-Sized Curved Televisions
3) By End User: Commercial, Institutional, Residential
Subsegments:
1) By Cable Track Cables: HDMI Cables (For Curved TV Connectivity), Optical Cables (For High-Definition Signal Transmission)
2) By Torsion Cables: Flexible Torsion Cables (Used For Motorized Or Adjustable TV Mounts), Rigid Torsion Cables (Used For Mechanical Support In TV Stands)
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How Are New Trends Impacting The Size Of The Curved Televisions Market?
Companies in the curved television market are focused on developing products like gaming monitors to enhance immersive viewing, particularly in the gaming sector. For instance, in August 2024, Micro Star International Co. Ltd. released the 32-Inch Curved QD-OLED MPG 321CURX Gaming Monitor, designed to offer a 240Hz refresh rate, 0.03 ms response time, and HDR support. Its 1700R curvature enhances the immersive experience for gamers by wrapping the display around their field of vision.
Who Are the Key Players In The Curved Televisions Market?
Major companies operating in the curved televisions market are:
• Samsung Electronics Co. Ltd.
• Sony Corporation
• LG Electronics Inc.
• Panasonic Corporation
• Haier Group
• Xiaomi Corporation
• Sharp Corporation
• Koninklijke Philips N.V.
• TCL Electronics Holdings Ltd.
• Hisense Co. Ltd.
• Skyworth Group Ltd.
• Sansui Electric Co. Ltd.
• SCEPTRE Inc.
• Mitashi
• Stanlee India Enterprises Pvt. Ltd.
• Wellteck
• Oscar
• Angel
• Krisons
• Senao
What Are The Regional Insights Into The Curved Televisions Market?
North America was the largest region in the curved televisions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the curved televisions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
