Booming demand for TV sets from the residential sector is driving the US TV mount market. Pertaining to the substantial growth in the residential sector due to demographic trends, low mortgage rates, as well as increased household income. The residential sector is progressing rising owing to positive impulse from consumer demand, which is further influencing the US TV mount market.
The US TV Mount market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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The by application has been categorized into residential and commercial. The residential sector is witnessing an increase in the installations of TV mounts owing to increasing purchase of flat screen TVs as well as rising living standards of people. Increasing urbanization in most of the developing nations as well as the developed nations have led to the increased residential constructions. This has resulted in increased demand for TVs, which has thrown a positive impact in the growth of the US TV mount market. The commercial segment includes installation of TV mounts in commercial places such as shopping malls, airports, railway stations, bus stations, hospitals, offices, stadiums, and hotels among others. With the growing infrastructure development worldwide particularly, in the developing economies, the growth of TV installation is increasing. This has resulted in increasing demand for TV mounts.
These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for US TV Mount in the market.
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US TV Mount Market – MARKET SEGMENTATION
- Fixed Wall Mount
- Full-Motion Wall Mount
- Tilting Wall Mount
- Ceiling Mount
- Atdec pty ltd.
- Display Mount Pro Co., Ltd
- ERGOTRON INC
- Legrand AV Division
- Loctek Ergonomic Technology Corp
- Shenzhen Xinadda Ir-Pi Products co., Ltd
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