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Outdoor TV Market Size

Report ID: GMI8538 Published Date: March 2024Report Format: PDF
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Outdoor TV Market Size

Outdoor TV Market was valued at USD 349 million in 2023 and is estimated to register a CAGR of over 10.4% between 2024 & 2032. Outdoor TV has brighter backlighting as compared to conventional TVs. It has higher durability and can withstand fluctuating weather conditions as compared to standard 4K TV. There has been growth in the outdoor TV industry as customers are more eager to spend money on experiences, such as outdoor entertainment installations, due to rising levels of disposable income. Affluent consumers view outdoor TVs as a high-end complement to outdoor areas. outdoor televisions are now more waterproof, offer greater picture quality, and are brighter in the sun for better visibility. The expansion has also been aided by innovations like OLED and LED technologies, which offer improved contrast ratios and higher resolutions.

 

Outdoor TV Market

Additionally, outdoor TVs are now available in a wide range of sizes to accommodate various outdoor viewing distances and preferences. From compact models for intimate outdoor spaces to large format displays for expansive outdoor theatres, consumers have a diverse selection of size options to choose from in the outdoor TV market. With the increasing popularity of outdoor living and entertainment, there's a growing market for premium and luxury outdoor TVs that offer the highest quality performance, craftsmanship, and features. Manufacturers are targeting affluent consumers with high-end outdoor TV models featuring state-of-the-art technology and luxury finishes.

 

The outdoor TV industry can pose challenges to consumers as, sspecialized mounting techniques and professional installation are often required for installing outdoor TVs, particularly for large-screen models or integrated outdoor entertainment setups. Complicated installation processes might turn away buyers from purchasing outdoor TVs or, if installation is done incorrectly, could result in more expenses. In addition to that, technological limitations such as, resistance to glare, maintain ideal picture quality, and achieve high brightness levels for outdoor visibility in outdoor locations. To address these technological constraints and provide outdoor TVs that are according to consumer expectations, manufacturers must make research and development expenses.

 

Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

How big is the outdoor TV market?+

The market size for outdoor TV was valued around USD 350 million in 2023 and is estimated to register a CAGR of over 10.4% between 2024 & 2032, as it has brighter backlighting and higher durability and can withstand fluctuating weather conditions as compared to standard 4K TV.

Why is the demand for LED technology in outdoor TV expanding?+

LED technology segment accounted for about USD 165 million in 2023 and expected to reach USD 438.50 million by 2032, as it is more cost effective than OLED and is readily available.

What factors are pushing the growth of North America outdoor TV market?+

North America industry generated USD 147 million in 2023 and expected to reach USD 387.53 million by 2032, driven by a high quality of living, a culture of outdoor living and socializing, and mild temperatures in many parts of the region.

Which companies define the competitive landscape of outdoor TV industry?+

Aqualite TV, Cinios Evervue USA Inc, Element Electronics, Furrion Aurora, LG Electronics, Luxurite UK Ltd., Mirage Vision, Peerless AV, Samsung Electronics, Sealoc, Seura, SkyVue, SunBrite TV are some of the major industry contenders.

Outdoor TV Market Scope

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