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In 2023, dominant market players including Aqualite TV, Cinios Evervue USA Inc, Element Electronics, Furrion Aurora, LG Electronics collectively held a substantial 20%-25% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives, such as mergers & acquisitions, facility expansions, and partnerships, to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.
Major players operating in the market are: