According
to a recent market research report published by Transparency Market
Research, the enhanced features offered by LED televisions are
expected to boost the global curved televisions market. The curved
televisions market was worth US$0.14 billion in 2013 and with
increased demand, the overall market is expected to take a leap at a
CAGR of 96.7% during the period between 2013 and 2019, and reach a
valuation of US$8.4 billion by 2019.
Browse
Curved Television Market Report with Full TOC at
http://www.transparencymarketresearch.com/curved-televisions-market.html
Curved
screen offers wider field of view than a flat screen and lets viewers
see more of the picture without turning their heads. Light emitting
diode (LED) and organic light emitting diode (OLED) screen technology
used in curved televisions enhance the image quality compared to the
flat LCD screens. Some of the advanced features of curved televisions
are 3D compatibility, ultra high definition (UHD) resolution, auto
depth enhancer, and high contrast and less reflection. Also, curved
OLED television decreases power consumption substantially. These
factors are expected to fuel the growth of the global curved
televisions market.
However,
curved LED or OLED televisions are priced steeply which is going to
restrict the growth of the curved televisions market during the
forecast horizon. OLED screen technology emits its own light through
the thin television screen and hence, can be bent to the desired
curvature. Manufacturers in curved televisions market have invested
heavily in the technology and this has resulted to the increased
prices of curved televisions. With its advanced features, curved
televisions are gaining attention from the customers and its
increasing penetration into residential market is expected to open
new opportunities for the global curved televisions market.
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Depending
on the screen size, the global curved televisions market has been
segmented into large-sized curve televisions, mid-sized curve
televisions, and small-sized curve televisions. Mid-sized curve
television segment dominated the overall market in 2013 and is
expected to be the leading segment of the market during the period
from 2013 to 2019.
The
global curved televisions market has been divided into four key
regions: Europe, Asia Pacific, North America, and Rest of the World.
In 2013, in terms of revenue share, North America was the leading
regional segment of the market, closely followed by Europe. The
demand from North America was due to the increased usage of curved
LED and OLED televisions in commercial buildings and retails shops.
However, during the forecast period, Asia Pacific is expected to
witness high revenue growth, owing to the growing adoption of curved
televisions in China and India. Also, the presence of key market
players such as LG and Samsung is expected to further push the market
growth in the region.
Some
of the key players in the global curved televisions market are LG
Electronics, Sichuan Changhong Electronics, Samsung Electronics, Sony
Corp., and Haier Electronics Group. The industry players are focused
on innovating the LED and OLED screen televisions. LG has announced
recently that it is working on its traditional curved LED television
to transform it into ‘Wallpaper TV’. Samsung is also developing
its OLED television panels to create a healthy competition in the
global curved televisions market.
Browse
Press Release Of Curved Televisions Market
http://www.transparencymarketresearch.com/pressrelease/curved-televisions-market.htm
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