Flat Panel TV Market Scope
The flat panel TV has a compact technology which allows to reduce the size of the panel. It uses light emitting diodes to project a video. The market has seen a continuous growth due to the advancements in the screens and size. Due to the easy and cheaper availability of internet the audience are preferring high quality television.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Samsung (South Korea), SONY (Japan), Skyworth (China), Hisense (Japan), TCL (China), Sharp (Japan), Toshiba (Japan), Haier (China), Chang Hong (China), LG (South Korea) and Panasonic (Japan) |
CAGR | 6.6% |
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Flat Panel TV market throughout the predicted period.
Samsung (South Korea), SONY (Japan), Skyworth (China), Hisense (Japan), TCL (China), Sharp (Japan), Toshiba (Japan), Haier (China), Chang Hong (China), LG (South Korea) and Panasonic (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Philips (Netherlands), Xiaomi (China) and Sharp Corporation (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Flat Panel TV market by Type , by Application (Commercial, Family Expenses and Others) and Region with country level break-up.
On the basis of geography, the market of Flat Panel TV has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In November 2022 Samba TV, the leading provider of television technology and omniscreen advertising and analytics globally, announced today it has acquired Disruptel, a pioneering startup in artificial intelligence and machine learning focused on innovating the future of AI and Connected TV experiences. The acquisition bolsters Samba AI, a suite of advanced AI and ML technologies to unlock new capabilities in the Connected TV market
In December 2023,DAEWOO with a presence in 110 countries across various categories DAEWOO Interactive flat panel TV Designed to recognized collaboration and learning experience in diverse setting such as classrooms ,boardrooms,and traveling enviroment.
Influencing Trend:
Rising Demand of Larger Screens in Flat TV and Increasing Demand of Online Streaming Applications
Market Growth Drivers:
Continuous Innovations in the Video Quality and Affordable Prices. and Requirement of High Quality Processors Due to Improvements in Video Games
Challenges:
High Cost Of Manufacturing And Low Market Value. and Continuous Technology Innovations Required Due To the Improvements in Other Sector like Gaming
Restraints:
Introduction of High Quality Laptops and Smartphones with Larger Screens
Opportunities:
Increase in Disposable Income in Developing Countries. and High Consumption of Electronic Devices All Over the Globe
Key Target Audience
Manufacturers, Academic Institutes, Research Institutes, Suppliers and Distributes and Government Associations