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Friday, December 15, 2023

Global Weatherproof Television Market is Anticipated to Grow at a CAGR of 12.1% during 2024 to 2030

The future of the global weatherproof television market looks promising with opportunities in the commercial and residential markets. The global weatherproof television market is expected to reach an estimated $1 billion by 2030 with a CAGR of 12.1% from 2024 to 2030. The major drivers for this market are rising urban population, growing disposable income of the middle-class population, and increased interest for sports among audience worldwide.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the weatherproof television market by type (below 32 inch size, 40 inch size, 42 inch size, 46 inch size, 47 inch size, 50 inch size, 55 inch size, and above 55 inch size), application (commercial and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, below 32 inch size, 40 inch size, 42 inch size, 46 inch size, 47 inch size, 50 inch size, 55 inch size, and above 55 inch size are the major segments of weatherproof television market by type. Lucintel forecasts that 50 inch size will remain the largest segment over the forecast period.Within this market, commercial will remain the larger segment due to rising usage of outdoor tvs in public areas such as amusement parks, national parks, sports stadiums and complexes, open-air and rooftop eateries, and pubs, as well as the increasing popularity of outdoor marketing and advertising campaigns.

North America will remain the largest region over the forecast period.

Sunbritetv, Miragevision, Seura, Platina, Skyvue, Cinios, Peerless-AV, Oolaa, Luxurite, and Aqualite are the major suppliers in the weatherproof television market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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