Television (TV) Mount Market Industry Size and Forecast 2032

Market Insights

• Between 2024 and 2032, the global market for television (TV) mount is projected to rise at a compound annual growth rate (CAGR) of 32.30%, from an estimated USD 1725.8 million in 2023 to USD 21430.34 million in 2032.
• The largest category is tilting mounts. Fixed mounts, on the other hand, are expected to grow at a strong CAGR.
• The size compatibility category will expand at a rapid rate of growth.
• The CAGR for wall-mounted is expected to be the highest during the projection period.
• The demand for metal mounts will rise at a very quick pace.
• It is anticipated that during the projected period, cable management will have the highest compound annual growth rate.
• Asia Pacific governed the market for television (TV) mount.
• Regarding the market share of television (TV) mount, Europe is expected to come second.
• In the television (TV) mount market, North America is anticipated to grow fastest.
• The main factors driving the growth of the global market are rising television sales, which raise the need for mounts, and the possibility that new TV models and features may call for specific mounts.
• The TV mount industry developed as a result of renovations that frequently involve mounting TVs for space optimization and changes in customer preferences toward sleeker designs or certain features.

Executive Summary

Market Definition

The consumer electronics sector segment that specializes in goods made to firmly mount and display televisions on a variety of surfaces, including walls, ceilings, and furniture, is known as the television (TV) mount market. TV mounts are physical components, usually composed of sturdy plastic or metal, that enable customers to firmly and safely affix their televisions in the chosen spot.

Market Overview

The television (TV) mount sector is predicted to continue its upward trend between 2024 and 2032, growing at a compound annual growth rate (CAGR) of 32.30%. From its projected USD 1725.8 million in 2023 to USD 21430.34 million in 2032, the market will continue to grow.

The DIY installation trend is one of the main factors propelling the TV mount market's expansion. With the help of DIY installation, customers can take charge of their home improvement initiatives, including TV mounting. TV mount accessibility increases as a result of easily accessible materials, including step-by-step instructions, instructional films, and online tutorials, which provide consumers with more confidence when doing DIY installs.

Installing anything independently saves money on installation costs because it does not require the services of a professional installer. TV mounts become more accessible and inexpensive for a wider variety of consumers due to this cost-saving feature, which boosts market growth and sales volume. Customers can install TV mounts at their own speed and on their own schedule because of the ease and flexibility of DIY installation. Without having to wait for appointments or schedule conflicts with professional installers, customers may choose the most convenient time to finish the installation.

Segmentation by Mount Type

• The tilting mounts category is the market leader in terms of the mount type. Tilting mounts allow users to change the TV's viewing angle to suit their sitting arrangement or lighting circumstances, giving them the best possible viewing experience.
• The fixed mounts category will exhibit a sizable CAGR during the projected period. Mounts that can safely support TVs are becoming more and more necessary as they get bigger. Large TVs might benefit from fixed mounts because they are sturdy and reliable.
• Other mount types, including articulating (swivel or full-motion) mounts, ceiling mounts, and under-cabinet mounts, also support the need for television (TV) mounts.

Segmentation by Compatibility

• Size compatibility is considered the best compatibility category. By using a standardized mounting mechanism known as VESA (Video Electronics Standards Association) holes, fixed mounts are able to ensure size compatibility.  The majority of TVs have these threaded holes on the rear where screws are used to fasten the TV to the mount.

• The VESA compatibility category will likely register a significant CAGR during forecasting. VESA compatibility is essential when selecting a TV fixed mount. The Video Electronics Standards Association, or VESA, is responsible for defining the hole pattern on the rear of the television that permits mounting it on a stand or bracket.

Segmentation by Installation Method

• The wall-mounted category is projected to grow faster over the projection period. Fixed mounts are becoming more and more in demand as wall-mounted TVs become more popular. Wall mounting is perfect for smaller spaces or places where you want to keep clutter to a minimum because it frees up important floor space. This is especially important in contemporary homes with open floor designs.
• Other installation methods, including freestanding, influence the need for television (TV) mounts.

Segmentation by Material and Design

• During the projection period, a stronger rate of growth is anticipated for the metal mounts category. Metal is stronger and can support more weight than plastic mounts, especially steel or premium aluminum. For larger, heavier TVs, which are getting more and more popular, this is essential.
• Other materials and designs, including plastic mounts, influence the need for television (TV) mounts.

Segmentation by Additional Features

• A higher growth rate is projected for the cable management category over the projection period. The need for a streamlined, uncluttered appearance is the primary driver. A modern entertainment center's visual appeal is diminished by exposed cables hanging beneath a mounted TV. Users can get a clean look by disguising the wires with a fixed mount that has built-in cable management.
• Other additional features, including a built-in level, locking mechanism, and adjustable height, influence the need for a television (TV) mount.

Segmentation by Region

• The Asia Pacific leads the television (TV) mount industry. The tech-savvy populace of South Korea is driving demand for creative TV mounts with state-of-the-art features and designs across the Asia Pacific region.
• Europe is estimated to rank second in television (TV) mount market size.
• The television (TV) mount industry is predicted to flourish rapidly in North America.
• The remaining need for television (TV) mount is covered by regions including Latin America, Africa, and the Middle East.

The expansion of the television (TV) mount market is mostly driven by the growth of online retail. Customers may conveniently obtain a large selection of TV mounts from the comfort of their homes with the help of online retail platforms. By removing geographical restrictions and facilitating easy product browsing and comparison across various brands and merchants, this accessibility propels market growth by extending TV mounts' reach to a wider audience.

Based on projections, Asia Pacific is anticipated to control the television (TV) mount market. The market for TV mounts is being driven by China's fast urbanization, resulting in higher demand for space-saving options like wall-mounted TVs. The nation's emphasis on modern technology propels the creation of cutting-edge TV mounts with attributes like motorization and integration with smart homes. The growing number of online shopping sites in China makes TV mounts more accessible, which boosts market share and revenue.

North America's television (TV) mount market is expected to grow at a rapid pace during the forecast period. Large outdoor areas and a pleasant temperature in many parts of Canada make it a great place to set up outdoor entertainment. Canadian consumers will be able to watch their favorite movies and TV shows on their patio or in their backyard because of TV mount manufacturers' ability to create waterproof outdoor mounts. Environmental sustainability and energy consumption are issues that Canadians are becoming more aware of. TV mount developers can take advantage of this by creating mounts that encourage energy conservation. For example, they can develop tilt-angle-adjustable mounts to minimize glare and maximize natural light, which will minimize the need for artificial lighting.

Key Highlights of the Report

The global television (TV) mount market is segmented by mount type, compatibility, installation method, material and design, additional features, and region. The tilting mounts category is the market spearhead in terms of mount type, and size compatibility is the top compatibility segment. The wall-mounted category is anticipated to increase at the highest CAGR throughout the projection period. Throughout the projection period, the category of metal mounts will be projected to grow at the greatest CAGR. The television (TV) mount market is expanding mostly in Asia Pacific.

Several online shopping platforms offer ratings and reviews from genuine customers, who offer insightful commentary and advice on TV mounts. By encouraging word-of-mouth recommendations and a strong brand reputation, positive evaluations and high ratings foster consumer confidence and trust in the product, which in turn drives purchase decisions and market expansion.

Asia Pacific is expected to account for the largest television (TV) mount market globally. The need for home entertainment equipment, such as TVs and TV mounts, is being supported by the expanding middle class in India. As people look for less costly solutions for small living areas, urbanization and the growth of residential complexes drive demand for TVs. Rising levels of financial freedom enable people to spend money on house renovations, such as installing TV mounts for better viewing experiences. It is also anticipated that the market will develop at the fastest rate in the North American region. This is due to the rising demand for television (TV) mount from North American countries such as the United States, Canada, and Mexico.

Which Key Factors Are Driving The Global Television (TV) Mount Market?

Self-installation is becoming more and more popular among customers, and long-lasting mounts minimize the need for replacements. These reasons are contributing to the growth of the television (TV) mount industry.

What Are The Main Challenges Confronting The Global Television (TV) Mount Market?

The most significant issues confronting the industry are limited customer knowledge of TV mount benefits, a lack of innovation, and a lack of industry standards for mount designs and installation techniques.

What Market Opportunities Exist For Television (TV) Mount Globally?

The integration of smart homes, the impact of user recommendations and online reviews, and the introduction of new features or materials in TV mounts are some of the factors that create opportunities for the TV mount market.

Market Drivers

Smart Home Technology Adoption is Growing

The seamless integration and control of several devices inside the home environment is made possible by smart home technology. Smart home systems and TV mounts can work together to give users voice control or smartphone apps to operate their TVs. The convenience and user experience are improved by this connection, which increases demand for TV mounts that work with smart home ecosystems. Smart TVs can communicate with other smart gadgets in the house and have internet access built in. To meet the connectivity expectations of contemporary consumers, TV mounts made for smart TVs may include features like integrated cable management systems or USB charging ports. Automation and customization of home entertainment systems are made possible by smart home technologies. TV mounts with motorized or movable elements can be operated from a distance, giving consumers easy access to change viewing modes or viewing angles. TV mount options gain value from this degree of automation and customization, which also improves the user experience overall.

Market Restraints

Installation Difficulties and Expert Support Limitations on the Product's Widespread Adoption

A significant impediment to the television mount market is the installation's complexities, which sometimes call for expert help. TV mounts save space, but some customers may find the installation process difficult due to its complexity. The requirement for expert assistance can raise total prices and even turn off certain customers. Manufacturers are proactively tackling this issue by offering services to streamline the process and easily navigable installation guidelines. Overcoming installation difficulties is still a crucial component that affects customer uptake and industry expansion.

Opportunities

Increase in Flat Panel TV Demand

There are a lot of opportunities for the television (TV) mount market because of the growing demand for flat panel TVs. Wall mounting is an appropriate option for flat panel TVs, including those with LCD, LED, and OLED panels, because of their lightweight and thin construction. TV mounts that work with flat panel TVs are becoming more and more necessary as more people go for these elegant and compact TV designs. TV mounts made especially to fit flat panel TVs are in high demand because of this compatibility need, which is because they provide robust and safe mounting options.

Wall-mounted flat-panel TVs help maximize available space in both residential and business settings. Consumers are looking for ways to maximize floor space and create a clutter-free atmosphere as living spaces get smaller and more compact. TV mounts allow flat-panel TVs to be flush mounted against walls, saving important floor space and resulting in a sleek, contemporary look. The demand for TV mounts, which are necessary accessories for flat panel TVs, is driven by this emphasis on space optimization.

Competitive Landscape

Key Players

In the highly competitive global television (TV) mount market, there are a number of significant rivals. A few of the top market players are shown below, together with their respective market shares:

• 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)
• Others

To stay competitive, these businesses give priority to product innovation, expanding their distribution networks, and completing mergers and acquisitions.

The biggest vendors in the global television (TV) mount market consistently strive to keep one step ahead of the competition by creating cutting-edge ideas and goods.

In February 2024, Hikvision and B-Tech collaborated to offer Commercial Display Solutions.  With great pleasure, B-Tech AV Mounts announces their collaboration with Hikvision Commercial Displays. Building on years of excellent cooperation, this partnership marks a significant turning point. Both businesses combine their knowledge to provide comprehensive support for a wide range of commercial display systems, including state-of-the-art dvLED technology.

In October 2022, B-Tech AV Mounts and Neomounts joined the newly established Global Mounts Group. Neomounts, a company well-known for its extensive selection of mounting solutions for AV and IT gear, and B-Tech AV Mounts, recognized as one of the top names in pro-AV mounting, have partnered. The company's combined goals of expanding outside markets and fostering advantageous synergies will quicken growth. The recently established Global Mounts Group is a global distribution network and portfolio-heavy mounting expert.

How are Companies Performing in the Television (TV) Mount Market?

The significant performance of companies in the television (TV) mount market can be attributed to some noteworthy reasons. In order to keep one step ahead of the competition, significant companies in the market are working together with other businesses. For the purpose of diversifying their product line, lots of companies are now investing in the development of new products. One of the primary methods by which companies broaden their product offerings is through mergers and acquisitions. For example, leading ergonomics manufacturer Ergotron announced the release of the HX Monitor Arm with sit-to-stand capability in November 2023. With the help of this mount, users may easily move from sitting to standing while watching TV, improving posture and lowering the hazards of prolonged sitting.

Companies are also reaching a wider audience by using efficient offline and online distribution channels in order to meet the needs of various geographic regions and consumer preferences. In addition, investing funds in branding and marketing campaigns raises brand awareness and exposure, which encourages customer loyalty and trust.

Furthermore, companies are adapting to changing customer preferences and trends by providing a wide selection of TV mount alternatives that are specific to various TV sizes, mounting surfaces, and installation styles. By addressing the demands of a diverse spectrum of consumers, companies can increase sales and market share through the implementation of a customer-centric approach.

Summary of Key Findings

• Factors like the partnerships between TV manufacturers and mount producers are driving the growth of the global industry.
• The market is segmented by mount type, compatibility, installation method, material and design, additional features, and region.
• In the market, tilting mounts are the most widely used mount type.
• Size compatibility is the foremost compatibility category.
• It is estimated that over the projected period, the metal mounts segment would experience the highest compound annual growth rate.
• The cable management category is expected to grow fastest in terms of CAGR during the forecast period.
• Asia Pacific is leading market development; the market is highly competitive with key players including 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), and Others.

Future Outlook

• The television (TV) mount industry is expected to increase significantly in Asia Pacific, and its outlook is positive worldwide.
• The rise in smart TV sales is driving demand, which is one of the reasons contributing to the global market's expansion.
• Price-conscious buyers may be discouraged from making a purchase by high installation fees, particularly for larger or more complicated mounts.
• To remain competitive, major corporations must develop new products, expand their customer base, and keep their prices low.

How the Credence Research Television (TV) Mount Market Report Can Help CXOs

The Credence Research Television (TV) Mount Market Report provides CXOs with an extensive market overview and comprises the following:

• Market size and growth forecast: The study offers comprehensive market estimations for television (TV) mount globally, broken down by mount type, compatibility, installation method, material and design, additional features, and region. In addition, projections for the market through 2032 based on significant drivers and trends are included.
• Market segmentation: The television (TV) mount market is divided into segments by mount type, compatibility, installation method, material and design, additional features, and region in the research report. CXOs are given a detailed grasp of the market and the potential inside each sector due to this segmentation.
• Competitive landscape: The study report provides a thorough analysis of the leading businesses in the television (TV) mount sector, together with details on their revenue streams, product lines, and business strategies. This information can help CXOs assess and identify their competitors.
• Key trends and drivers: The study report analyzes and highlights the key developments and elements driving the market for television (TV) mount. CXOs can utilize this information to make well-informed choices regarding their plans and investments.

The Credence Research Television (TV) Mount Market Report provides CXOs with insights that they may utilize to:

• Identify growth opportunities: This analysis is likely to help CXOs find fresh growth prospects in the television (TV) mount sector. For example, the research recognizes the increasing requirement for television (TV) mount from residential sector as a crucial opportunity.
• Make informed investment decisions: The study aids CXOs in making informed decisions about television (TV) mount. For example, it delivers information on the key variables to consider while picking specialty food ingredient solutions and evaluating suppliers.
• Develop competitive strategies: CXOs can utilize the research report to establish competitive strategies for their television (TV) mount firms. The study paper explores the primary tactics employed by television (TV) mount providers to set themselves apart from their rivals.
• Track market developments: By tracking market advancements, this research report could assist CXOs in remaining ahead of the curve. For example, it provides information about the latest advancements and patterns in the television (TV) mount industry.

The Credence Research Television (TV) Mount Market Report is helpful for CXOs who want to learn more about the market and identify potential opportunities.

Segmentation

• By Mount Type
  • Fixed Mounts
  • Tilting Mounts
  • Articulating (Swivel or Full-Motion) Mounts
  • Ceiling Mounts
  • Under-Cabinet Mounts

• By Compatibility

  • Size Compatibility
  • VESA Compatibility

• By Installation Method

  • Wall-Mounted
  • Freestanding

• By Material and Design

  • Metal Mounts
  • Plastic Mounts

• By Additional Features

  • Cable Management
  • Built-in Level
  • Locking Mechanism
  • Adjustable Height

• By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • The Rest of the Middle East and Africa

Adjacent Markets

Several adjacent markets in the television (TV) mount market have high revenue growth opportunities. The key adjacent markets for the television (TV) mount market

Growth in Smart TV and Flat Panel TV Adoption

The increasing sales of smart TVs and flat panel displays are driving demand for compatible, space-saving mounting solutions, as consumers seek to optimize their home entertainment setups.

DIY Installation Trend

The availability of user-friendly installation kits, online tutorials, and step-by-step guides has empowered consumers to install TV mounts themselves, reducing installation costs and expanding the market to a broader audience.

Urbanization and Space Optimization

Rapid urbanization, especially in Asia Pacific, is leading to smaller living spaces, making wall-mounted TV solutions more attractive for maximizing usable area and achieving a modern, uncluttered look.

Integration with Smart Home Ecosystems

The rise of smart home technology is fueling demand for mounts that offer features like motorization, cable management, and compatibility with home automation systems, enhancing convenience and user experience.

Expansion of Online Retail Channels

Online retail platforms have made a wide variety of TV mounts easily accessible to consumers globally, enabling product comparison, customer reviews, and convenient purchasing, which accelerates market growth.

Note: The depth of individual sections depends on data availability for this market. Volume, capacity, trade and other unit-based metrics are included where applicable.