Curved Televisions Market Expected to Reach USD 8.43 Billion by 2019 Globally: Transparency Market Research

Curved Televisions Market Expected to Reach USD 8.43 Billion by 2019 Globally: Transparency Market Research

ALBANY, New York, August 14, 2014 /PRNewswire/ --



According to a new market report published by Transparency Market Research "Curved
Televisions Market (By Screen Size - Large-sized Curved Televisions, Mid-sized Curved
Televisions and Small-sized Curved Televisions) - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019", the market was valued at USD 0.14 billion in
2013 and is expected to reach USD 8.4 billion by 2019, growing at a CAGR of 96.7% from
2013 to 2019. North America was the largest contributor to the global curved televisions
market in 2013, which accounted for around 53% revenue share. The rest of the world region
is expected to be the fastest growing market for curved televisions during the forecast
period from 2013 to 2019 followed by Asia-Pacific with CAGRs of 147.6% and 111.3%
respective. The enhanced features and reducing prices of LED televisions across the globe
are the major factors driving the market growth.



Browse the full Curved Televisions Market Report at
http://www.transparencymarketresearch.com/curved-televisions-market.html



The advanced features offered by curved televisions such as innovative designs ultra
high definition (UHD) resolution, 3D compatibility, high contrast and less reflection,
auto depth enhancer and uniform viewing distance encourage customers to purchase curved
televisions, thus driving the market growth. Additionally, the LED and OLED technology
used in curved televisions offer high energy efficiency, environment friendliness and
durability, and thus require less operational cost. As a result, several commercial
organizations are opting for curved televisions.



At present, the market for curved televisions is only limited to high class shopping
malls, commercial trade centers and people with high disposable income. As a result, the
market penetration remained low in 2013 and 2014. With the current market penetration
being low in residential sector, curved television foresees strong growth opportunity in
upcoming few years. Manufacturing cost can be reduced by reducing the standard size of
display used in curved televisions. Technologies such as LED and OLED that are used in
manufacturing curved television displays plays a vital role in deciding the operational
cost of the end product.



On the basis of screen size, the curved television market is segmented into three
major categories, namely, large-sized curved televisions, mid-sized curved televisions and
small-sized curved televisions. In 2013, mid-sized curved televisions dominated the market
in terms of revenue and are expected to continue dominating over the forecast period from
2013 to 2019.



North America led the global curved televisions market in 2013, in terms of revenue
share, followed by Europe. This was mainly due to the high demand for customized solutions
for television screens in these regions. North American market for curved televisions is
mainly driven by the use of these televisions in retails shops and commercial buildings.
The Asia-Pacific curved television market is expected to show high revenue growth over the
forecast period due to increasing adoption of curved televisions in countries such as
India and China. Additionally, companies in the Asia-Pacific region such as Samsung and LG
are global leaders in television manufacturing and are expected to develop solutions that
enhance the viewers' experience.



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The global market for curved television is dominated by major players such as Samsung
Electronics Co. Ltd., LG Electronics, Inc., Haier Group, Sony Corporation and Sichuan
Changhong Electronics Co. Ltd. The competitive rivalry among these companies is expected
to remain high over the forecast period.



The report studies the global curved televisions market, and provides market size
estimates in terms of revenue (USD Million) from 2013 to 2019. Market estimates are
provided on the basis of screen size and geography.



The market has been segmented as follows:



Curved Televisions Market, by Screen Size




- Large-sized Curved Televisions
- Mid-sized Curved Televisions
- Small-sized Curved Televisions


Curved Televisions Market, by Geography




- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)


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Transparency Market Research (TMR) is a market intelligence company, providing global
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Browse Press Release of Global Curved Televisions Market at @
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