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

  PR Newswire

  ALBANY, New York, August 14, 2014

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

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
  *Rest of the World (RoW)

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Transparency Market Research (TMR) is a market intelligence company, providing
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quantitative forecasting and trends analysis provides forward-looking insight
for thousands of decision makers. TMR's experienced team of Analysts,
Researchers, and Consultants, use proprietary data sources and various tools
and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research
experts, so that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research employs
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data sets and research material for business reports.

Browse Press Release of Global Curved Televisions Market at @

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