Outdoor TV Market to Grow with a CAGR of 11.83% through 2029
The global outdoor TV market is growing rapidly, driven by increasing
demand for entertainment options in outdoor spaces and the growing adoption of
smart TVs are key market trends.
According to
TechSci Research report, “Outdoor TV Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2029F”, the Global Outdoor
TV Market stood at USD 303.14 million in 2023 and is anticipated to grow with a
CAGR 11.83% through 2029.
Regional climate and weather conditions significantly influence the global outdoor TV market, driving manufacturers to tailor their products for diverse environments. In North America, where outdoor living spaces are popular and climates vary from scorching summers to frigid winters, outdoor TVs are designed for extreme temperature resilience. In Europe, particularly the Mediterranean region, the demand for outdoor TVs stems from outdoor dining and cultural events, leading to the development of models that resist rain and humidity. Meanwhile, in the Asia-Pacific region, where tropical and sub-tropical climates are prevalent, outdoor TVs are built to endure high humidity, heavy rainfall, and intense sunlight. Other regions, such as arid areas, require TVs that can handle dust and sand. By continually enhancing weather resistance, durability, and performance, manufacturers are successfully adapting outdoor TVs to meet the specific climatic challenges of various global markets.
As environmental awareness grows, the outdoor TV market faces significant challenges in improving sustainability and energy efficiency. Outdoor TVs typically consume more power due to high-brightness displays and integrated sound systems, so reducing energy use without sacrificing performance is crucial. Additionally, electronic waste from discarded models is a concern, prompting manufacturers to enhance recyclability and sustainability. Emphasizing the use of eco-friendly materials, adopting low-impact manufacturing practices, and designing products for longer lifespans can also help mitigate environmental impacts. By addressing these issues, such as through high-efficiency displays, adaptive brightness features, and robust recycling programs, manufacturers can align with consumer preferences and regulatory demands, gaining a competitive advantage in an increasingly eco-conscious market.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on
"Global Outdoor TV Market.”
The global outdoor TV market is segmented into screen
size, display type, sales channel, regional distribution, and company.
Based on sales channel, Hypermarkets/supermarkets emerge as the dominant segment in the Outdoor TV Market, commanding significant market share and consumer engagement. These retail giants leverage their expansive reach and strategic positioning to cater to a wide audience seeking outdoor entertainment solutions. With dedicated sections for electronics and home goods, hypermarkets/supermarkets offer a diverse selection of outdoor TVs, catering to various preferences and budgets. Their robust distribution network and marketing prowess further solidify their dominance in the market, making them primary destinations for consumers seeking outdoor entertainment solutions. As consumer demand for outdoor TVs continues to rise, hypermarkets/supermarkets remain pivotal in shaping market trends and driving sales.
Major companies operating in Global Outdoor TV Market
are:
- Peerless-AV Limited
- Luxurite UK Limited
- Yolo TV Limited
- SunBriteTV, LLC
- LG Electronics Inc.
- Global Outdoor Concepts, Inc
- Séura, Inc.
- SkyVue Inc.
- Cinios Inc.
- Evervue USA Inc.
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“In response to the evolving outdoor living trends, we are seeing a significant shift in the global outdoor TV market towards customization and aesthetics. Outdoor TVs are now integral to outdoor design, going beyond their functional role to become key elements of outdoor spaces. Consumers increasingly demand outdoor TVs that not only perform well but also complement their outdoor decor. To meet this demand, we are expanding our offerings with a diverse range of customization options, including various frame styles, colors, and sizes, and providing weatherproof enclosures that can be custom-painted to blend seamlessly with any environment. This trend towards personalization underscores the growing importance of outdoor design and aesthetics, positioning outdoor TVs as essential components in crafting distinctive and stylish outdoor living areas”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Outdoor TV Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Screen Size (Less than 40 inch, 40 inch to 50 inch, 50 inch to 70 inch, More than 70 inch), By Display Type (LCD, LED ), By Sales Channel (Supermarkets/Hypermarkets, Multi Branded Stores, Online, Others), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global
Outdoor TV market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Outdoor TV Market.
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