TV Mount Market Size, Trends and Growth Analysis by 2027

In 2018, the global market for TV mounts was valued at approximately US$ 10,264.8 million, and it is projected to expand at a compound annual growth rate (CAGR) of 7.2% from 2019 to 2027, ultimately reaching around US$ 19,089.6 million by 2027.

TV mounts are designed for various flat panel televisions, including LED, LCD, OLED, and plasma screens. The market offers a diverse range of TV mount types, such as fixed wall mounts, full-motion wall mounts, tilting wall mounts, ceiling mounts, floor mounts, and pole mounts. Televisions have become an essential fixture in households, and traditional LCD or LED TVs with pedestal stands can occupy significant floor space. Consequently, the adoption of TV mounts is on the rise as they provide a space-efficient solution, allowing lightweight LCD, LED, and plasma TVs to be mounted on walls. This market is experiencing growth, driven by the increasing living standards of consumers, particularly in developing economies like India, Malaysia, Argentina, and various Southeast Asian nations, where GDP growth has led to higher per capita incomes. Additionally, the growing penetration of the internet and the expansion of the e-commerce sector in these regions are further propelling the TV mount market's growth.
                 
The global TV mount market can be categorized by type into fixed wall mounts, full-motion wall mounts, tilting wall mounts, ceiling mounts, and others. Among these, the fixed wall mount segment holds the largest market share. Fixed wall mounts allow televisions to be positioned as close to the wall as possible while ensuring sufficient space for cable installation behind the TV. These mounts, often referred to as stationary mounts, do not allow for adjustments once installed and may not be suitable for TVs with protruding backs. Their open architecture design promotes better ventilation for the TV. A significant advantage of fixed wall mounts is their compatibility with TV sizes ranging from 23 inches to 70 inches. The fixed wall mount segment has seen substantial growth since the introduction of LCD TVs. The demand for fixed wall mount designs among TV manufacturers is directly linked to the increase in TV production, which in turn is driving the overall TV mount market. While residential applications dominate the demand for fixed wall mounts, their adoption in commercial settings is also on the rise, creating investment opportunities for market players.
                                   
The improvement in living standards has led to a heightened demand for TV mounts. Countries such as India, Malaysia, Brazil, Argentina, Mexico, and several Southeast Asian nations are witnessing significant GDP growth, which has resulted in increased disposable income for their populations. This economic uplift has enabled more consumers to replace older CRT TVs with modern LCD, LED, or OLED models, thereby stimulating the TV mount market. Furthermore, growth in developed regions like the U.S. and Canada has also been observed, driven by a rising demand for larger and higher-resolution TV screens. The availability of affordable internet in countries like India has contributed to a surge in smart TV demand. The rise of online streaming services in both developing and developed markets has further increased the need for smart TVs and related accessories, positively impacting the TV mount market.
   
The expansion of both residential and commercial construction sectors in the Asia-Pacific region presents promising opportunities for the TV mount market. Governments in various developing nations within this region are implementing initiatives to attract foreign direct investments (FDIs) and engage in public-private partnerships (PPPs) for infrastructure development. This includes the construction of hotels, educational institutions, hospitals, commercial buildings, railways, and airports, all of which will require TV installations, thereby boosting the demand for TV mounts. For example, the installation of TVs in airport lounges exemplifies this trend. Additionally, the growing population in these countries is driving demand for residential construction. The overall development of the construction sector is expected to have a favorable impact on the TV mount market. The ongoing urbanization and growth in commercial construction, alongside residential projects, are anticipated to further enhance the prospects for the TV mount market.

Key players in the global TV mount market include Omnimount, Atdec Pty Ltd, Jiangxi Kingsun Industry Co., Ltd., Display Mount Pro Co., Ltd., Highgrade Tech Co. Ltd, B-Tech International Ltd, Unicol Engineering, Videosecu, Legrand Av Division, Shenzhen Xinadda Ir-Pi Products Co., Ltd, Snapav (Strong), among others.

The overall size of the global TV mount market has been determined through a combination of primary and secondary research methods. The research process begins with comprehensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data related to the TV mount market. Additionally, numerous primary interviews are conducted with industry participants and experts to validate the data and analysis. Participants typically include industry professionals such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the TV mount sector.