Registering a CAGR of 6.9% over the forecast period, the market value of TV & Monitor Mounts is expected to reach US$ 2647.8 million in the year 2027.
A television mount is a device used to secure a television to a wall or ceiling poles. The mount assembly secures the television to a wall with two arms and a spring mechanism, allowing it to extend away from the wall while allowing the television to swivel. It has a mechanism to straighten the television because it is close to the wall.
The rapid adoption of large screen TVs in the global market, as well as the increasing demand for televisions with large screens, are major drivers of the global television mounts market. The market is expected to benefit greatly from the development of new and innovative products, the targeting of new customers, and the penetration of products through e-commerce. Because of the increasing adoption of advanced television sets such as UHD TV, LED TV, and others, the overall TV mount market growth is expected to remain consistent in the coming years. Another major factor driving market growth is the market's availability of a diverse range of TV mount products. One of the major challenges of the TV mount market is coping with the global market's high level of fragmentation.
The increased use of computer accessories for gaming is also expected to drive market growth. This has enabled manufacturers to improve their product offerings and meet the diverse needs of consumers. For example, LUMI Legend Corp. has a specialized pro gaming monitor arm. Furthermore, the monitor arm can accommodate both single and multiple display monitors. Single screen monitor arms are preferred at workstations in various commercial and government spaces, whereas multiple display monitors are used in private and government firms to increase employee productivity.
The global TV & Monitor Mounts includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Milestone, Ergotron, Mounting Dream, Premier Mounts, Peerless, AVF, LG, BellO Digital, Kanto, Mount World, Swift mount, Fleximounts, Promounts, InstallerParts and others.
Industry News and Updates:
The New TRACETM Monitor Mount from Ergotron Enables Intuitive Adjustment for Agile Work Environments
08 Jun 2021-- TRACETM, an innovative and intuitive monitor mount that adapts to each employee's ergonomic needs, creates agile workspaces at home or in the office. The new monitor mount follows the user's movements to allow for seamless transitions between individual and collaborative work, always returning to the personalized home position. The TRACE mount, unlike traditional monitor arms, has distinct vertical and lateral movements that allow it to move in a straight line. It follows the user's movement along this path to ensure a seamless transition between individual and collaborative work, always returning to the user's natural home position.
Ergotron's New HX Desk Monitor Arm with HD Pivot Provides Immersive Viewing Experience for Office Workers and Gamers
26 May 2021-- Ergotron launched the HX Desk Monitor Arm with HD Pivot, a monitor arm specifically designed for deep, ultra-wide curved monitors. With more people working and gaming from home than ever before, the demand for monitor arms has skyrocketed, and Ergotron's latest offering provides a fully immersive viewing experience.
Based on the user feedback, Ergotron combined its popular HX Desk Monitor Arm with its HX Heavy-Duty Tilt Pivot accessory into a single product designed specifically for large, curved monitors. This is currently one of the only monitor arms available for the premium Samsung® Odyssey G9 monitor—a 49" wide, 12" deep curved screen popular in the gaming community.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
Rapid growth in wireless smart technology and gadget penetration in North America is also propelling the television mounts market. Due to rising rents in Europe, people are opting to live in small-sized apartments. This is increasing the use of technologically advanced TV mount products, which is expected to increase product sales in the coming years. Rising consumer spending power has boosted sales of television mounts in Asia Pacific. Furthermore, rapid urbanisation throughout the region has increased the sale of Television Mounts. Increased adoption of Smart TVs is expected to drive up demand for television mounts. All of these factors are expected to drive the Middle East and Africa market.
The TV & Monitor Mounts Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global TV & Monitor Mounts Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers TV & Monitor Mounts Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this TV & Monitor Mounts Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | TV & Monitor Mounts Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Milestone, Ergotron, Mounting Dream, Premier Mounts |
Forecast Period 2022 to 2027 CAGR | CAGR of 2.0% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Milestone, Ergotron, Mounting Dream, Premier Mounts, Peerless, AVF, LG, BellO Digital, Kanto, Mount World, Swift mount, Fleximounts, Promounts, InstallerParts |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 117 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The TV & Monitor Mounts Market is studied from 2017 - 2027.
What is the growth rate of the TV & Monitor Mounts Market?
The TV & Monitor Mounts Market is growing at a CAGR of 2.0% over the next 5 years.
Who are the key players in TV & Monitor Mounts Market?
Milestone, Ergotron, Mounting Dream, Premier Mounts, Peerless, AVF, LG, BellO Digital, Kanto, Mount World, Swift mount, Fleximounts, Promounts, InstallerParts
What regions does this TV & Monitor Mounts Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of TV & Monitor Mounts Market?
Ceiling Mount, Desktop Mount, Wall Mount, Others
What are the major end-use applications of TV & Monitor Mounts Market?
Household, Commercial, Public
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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