The US TV mount market is accounted to US$ 1,953.6 million in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period 2020 - 2027, to account to US$ 3,319.2 million by 2027.
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.
The US TV mount market is accounted to US$ 1,953.6 million in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period 2020 - 2027, to account to US$ 3,319.2 million by 2027.
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The US TV mount market 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.
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 Segmentation
By Application
By Type
Company Profiles
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