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Asia-Pacific Television Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2025-2034)

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    Report

  • 135 Pages
  • February 2025
  • Region: Asia Pacific
  • Expert Market Research
  • ID: 6057358
According to this report, the Asia-Pacific television market size is projected to grow at a CAGR of 4.70% between 2025 and 2034. Aided by the expanding consumer demand for high-definition content and technological advancements, the market is expected to grow significantly by 2034.

Television remains a central form of entertainment and information across the Asia-Pacific region. The growing popularity of digital television, along with the increasing demand for smart TVs and high-quality content, is expected to drive market growth. Furthermore, the rising middle-class population, coupled with increased urbanisation in countries like India, China, and Southeast Asia, is propelling the demand for television sets.

Technological innovation is a critical factor driving the Asia-Pacific television market development. The integration of cutting-edge technologies such as 4K, 8K, OLED, and QLED is transforming the television viewing experience, offering viewers superior image quality, faster refresh rates, and enhanced viewing angles. Smart TVs equipped with internet connectivity and access to streaming platforms such as Netflix, Amazon Prime, and local content providers have also significantly contributed to the market expansion. As a result, the growing preference for streaming services over traditional cable and satellite television is reshaping the region’s TV landscape.

The adoption of 4K and 8K resolution televisions, along with OLED and QLED displays, is driving the demand for high-definition content. Consumers are increasingly inclined towards televisions that offer a more immersive and premium viewing experience. Additionally, the rise of smart TVs with integrated streaming services is adding to the demand.

As disposable incomes rise, especially in developing markets like India and China, the purchasing power of the middle class is improving. This trend allows consumers to invest in premium televisions with advanced features, which is further driving the Asia-Pacific television market growth.

The increasing availability of high-quality content, including both global and regional television shows, movies, and sports events, is boosting television sales. Streaming services have been a significant contributor to this trend, and the demand for access to high-definition and exclusive content continues to grow. Moreover, as per the Asia-Pacific television market analysis, as urban areas expand, people are increasingly opting for home entertainment solutions, with television being a core part of this shift. The rapid urbanisation in Southeast Asia and other parts of the Asia-Pacific region has driven the need for more advanced TV options in homes and businesses.

The Asia-Pacific television market outlook suggests fierce competition, particularly in the low- and mid-range segments. Price sensitivity among consumers in emerging markets often leads to intense price wars, affecting profit margins. Moreover, the presence of several local and international brands further intensifies the competition.

With the rapid pace of technological advancements, the life cycle of televisions has been decreasing. New models with enhanced features and technologies are regularly launched, which results in faster obsolescence of existing products. This trend can impact the stability of the market and create challenges for manufacturers.

The rapid economic growth in emerging markets like India, Indonesia, and the Philippines offers substantial potential for the growth of Asia-Pacific television market value. Increased consumer spending and rising demand for home entertainment solutions make these markets highly lucrative for television manufacturers.

Different countries in the Asia-Pacific region have varying regulatory frameworks that could affect the manufacturing, distribution, and sale of television sets. Adherence to these regulations requires companies to adapt their strategies and operations, accordingly, potentially increasing operational costs.

The Asia-Pacific television market revenue is poised for a steady surge in the coming years, driven by technological advancements, increasing consumer spending, and a rising demand for premium viewing experiences. While challenges like price sensitivity and competition exist, the opportunities presented by the shift to smart TVs, the growing demand for 4K and 8K televisions, and the expansion into emerging markets offer substantial growth prospects. As technology continues to evolve, television manufacturers are expected to innovate further to meet the changing preferences of consumers in the region.

Market Segmentation

The market can be divided based on type, distribution channel, and country.

Market Breakup by Type

  • Smart TV
  • LCD, Plasma, and LED TVs
  • Cathode-Ray Tube (CRT) and Rear-Projection TVs

Market Breakup by Distribution Channel

  • Offline
  • Online

Market Breakup by Country

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Asia-Pacific television market. Some of the major players explored in the report are as follows:
  • Samsung Electronics Co., Ltd.
  • LG Corp.
  • Panasonic Holdings Corp.
  • Sony Group Corp.
  • Toshiba Corporation
  • Hisense International Co., Ltd.
  • Haier Smart Home Co. Ltd.
  • KONKA Group Co. Ltd.
  • Sansui Electric Co., Ltd.
  • Vizio Holding Corp.
  • Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.)
  • Micromax Informatics Ltd.
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Television Market Overview
5.1 Key Industry Highlights
5.2 Global Television Historical Market (2018-2024)
5.3 Global Television Market Forecast (2025-2034)
5.4 Global Television Market Breakup by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Asia-Pacific Television Market Overview
6.1 Key Industry Highlights
6.2 Asia-Pacific Television Historical Market (2018-2024)
6.3 Asia-Pacific Television Market Forecast (2025-2034)
7 Asia-Pacific Television Market by Type
7.1 Smart TV
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 LCD, Plasma, and LED TVs
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Cathode-Ray Tube (CRT) and Rear-Projection TVs
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
8 Asia-Pacific Television Market by Distribution Channel
8.1 Offline
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Online
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Asia-Pacific Television Market by Country
9.1 China
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Japan
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 India
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 ASEAN
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Australia
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Samsung Electronics Co., Ltd.
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 LG Corp.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Panasonic Holdings Corp.
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Sony Group Corp.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Toshiba Corporation
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Hisense International Co., Ltd.
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Haier Smart Home Co. Ltd.
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 KONKA Group Co. Ltd.
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Sansui Electric Co., Ltd.
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Vizio Holding Corp.
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.)
12.5.11.1 Company Overview
12.5.11.2 Product Portfolio
12.5.11.3 Demographic Reach and Achievements
12.5.11.4 Certifications
12.5.12 Micromax Informatics Ltd.
12.5.12.1 Company Overview
12.5.12.2 Product Portfolio
12.5.12.3 Demographic Reach and Achievements
12.5.12.4 Certifications
12.5.13 Others

Companies Mentioned

  • Samsung Electronics Co., Ltd.
  • LG Corp.
  • Panasonic Holdings Corp.
  • Sony Group Corp.
  • Toshiba Corporation
  • Hisense International Co., Ltd.
  • Haier Smart Home Co. Ltd.
  • KONKA Group Co. Ltd.
  • Sansui Electric Co., Ltd.
  • Vizio Holding Corp.
  • Hon. Hai Precision Industry Co., Ltd. (Sharp Corp.)
  • Micromax Informatics Ltd.

Methodology

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