Published Date : 24 Sep 19 | Views: 202 | Industry : Machinery & Equipment
Fixed TV Wall Mounts to Grab a Major Share in the Market
As far as the product is concerned, the TV wall mounts market is segregated as fixed TV wall mount, adjustable TV wall mount, and others. Fixed TV wall mounts are expected to acquire a considerable market share in the coming years due to their easy installation and cost effectiveness when compared with the other product types.
On the basis of application, the global TV Wall Mounts market is divided as commercial use, residential use, and others. The residential use is expected to capture a conspicuous share due to booming population and growing need for housing. Commercial use is also expected to witness a surge in the near future owing to construction of hotels, hospitals, educational institutions, and various other structures.
North America to Emerge as a Frontrunner in the Market
Surge in the number of fracturing
activities is expected to drive the market in North America. Additionally, increasing
production of TV wall mounts is acting as a key factor influencing the regional
market growth. Asia Pacific is anticipated to witness substantial growth in the
coming years owing to growing population, rapid urbanization, and growing
demand for housing in emerging economies such as China and India. The overall
TV market has witnessed significant growth in China, which is expected to
contribute significantly to the TV wall mounts market growth.
Key Players Having a Strong Grip on the Market
Some of the prominent players
operating in the global TV Wall Mounts market are KINGSTAR DISPLAYS, Milestone,
Vogel’s, Cinemount, Husky Mount, Levelmount, LUMI
LEGEND, Ningbo Tianqi, OSD Audio, Crimson, ZILLA, Changzhou
Yuming, Premier Mounts, Swiftmount, Daveco, MW Products, Ruian QM, Lilong,
Fenghua Yuanfan, Locteck, VideoSecu, AVF, OmniMount, North Bayou,
Atdec, Shenzhen Xinadda, Kanto, Qidong Vision, Yuyao Yuda, and Peerless.
Manufacturers are stressing on
the development of automated TV mounts, which is having a positive impact on
the global market. Some of the leading companies are improving their distribution
networks in order to expand their reach across the globe.
Infrastructural Development to
Play a Key Role in Market Growth
Governments have been implementing initiatives pertaining to infrastructural development, which is having a positive impact on the TV wall mounts market growth. Moreover, there has been a surge in the construction of commercial and public buildings such as hotels, restaurants, railways, airports, educational institutions, and hospitals, thereby contributing in the demand for TV wall mounts. Myriad of advantages provided by TV wall mounts and enhanced standard of living are also some of the key factors driving the TV wall mounts market. In addition, availability of a wide range of TV wall mounts is acting as a key driver in the wall mounts market.