The United Kingdom television market is expected to reach USD7450.04 million by 2027, with a CAGR of 7.90% during the forecast period. The United Kingdom television market is mainly driven by integrated internet features, demand for over-the-top platforms, larger displays, and technological advancements. Televisions can be segregated based on display type into LED, OLED, and others (LCD, QLED, etc.).

Because of the rise of the e-commerce industry and growing internet penetration rates for consumers during the lockdown, the most preferred way to purchase a television is through online sites because of the variety of products they present, easy comparison, and home delivery options.

During the forecast period, the demand for television is expected to rise due to the rising GDP per capita income of the United Kingdom. This signifies a rise in consumer spending power and a better standard of living for consumers, which will drive the market's growth.

The entire world was put on lockdown because of the novel coronavirus, increasing the demand for televisions on the market. Over-the-top platforms and online shows have contributed to the growth of the United Kingdom Television Market. The world went into a global lockdown, halting the country's economic growth. TV revenues increased, but not as quickly as before the epidemic; nonetheless, as the pandemic subsided, the TV market recovered, owing to the post-pandemic economic rebound.

Usage of Television as a Multiplatform Environment Fueling the Market Growth

Earlier, television was used only to view cable network programs. With the technology change, it is now used for different video viewing platforms like over-the-top shows and video-on-demand. Television is now also used for surfing the internet and playing video games. The increasing trend for video games is driving the growth of television as it now only saves the money for a PC or monitor but can also be used as a multiplatform device.

Advanced Operating System and Streaming Services are Driving the Market Growth

The television sets on the market now come with an advanced operating system that makes the viewing experience delightful and makes the television up to the mark for being used for gaming. The growing popularity of streaming online through different platforms and watching online content is driving the growth of the television market in the United Kingdom.

Rising demand through Internet of Things (IOT) Fueling the Market Growth

Smart televisions today are powered by artificial intelligence. The Internet of Things (IoT) allows them to communicate with other smart equipment in the home, such as the air conditioner and refrigerator. It provides users with next-generation interconnectivity and brings their homes closer to the smart homes of the future. It allows customers to operate many devices from their television while simultaneously enjoying their favorite show or movie.

Disruptions in Supply Chain Hindering the Market Growth

Due to COVID-19 pandemic the supply chain was disrupted, and it affected retail and wholesale shops and constrained online sales. The most affected were the importers of television and raw materials, as there was a crisis in the global market. It affected the multi-branded stores, which are the primary source of sales of televisions in the United Kingdom.

Rising Market Competition Hindering the Market Growth

The television market in the United Kingdom faces massive competition due to the advanced operating system and display panels. Earlier panels offered in the Televisions were distorted with the image of consuming more electricity, therefore the companies are more focused towards constantly updating technology that consumes less energy and increases picture quality. On the other hand, others are constructed with quantum diodes, which improve the clarity of the image and expand the viewing range.


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Market Segmentation

The United Kingdom television market is segmented based on screen size, display type, sales channel, region, leading cities, and company. Based on screen size, the market is further segmented into 39'' and below, 40''-49'', 50''-59'', Above 59'’. Based on display type, the United Kingdom television market is segmented into LED, OLED, and Others (LCD, QLED, etc.) Based on sales channel, the market is further fragmented into Multi Branded Stores, Supermarkets/Hypermarkets, Online and Others (Institutional sales, exclusive stores, etc.) Based on region, the market is divided into England, Scotland, Wales, Northern Ireland.

Company Profiles

Samsung Electronics (UK) Ltd., LG Electronics U.K. Ltd., Sony Europe B.V, Sharp Consumer Electronics Poland sp. z o.o., Toshiba Europe Limited, Koninklijke Philips N.V., Panasonic UK & Ireland, Hitachi Europe Limited, TCL Electronics UK Limited, Jvckenwood U.K. Ltd etc. are among the top players operating in the United Kingdom television market.

Attribute

Details

Market size value in 2021

USD4776.75 Million

Revenue Forecast in 2027

USD7450.04 Million

Growth Rate

7.90%

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, Volume in Thousand Units and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Screen Size

·         Display Type

·         Sales Channel

·         Region

·         Leading Cities

·         Company

Regional Scope

England, Scotland, Wales, Northern Ireland

Key Companies Profiled

Samsung Electronics (UK) Ltd., LG Electronics U.K. Ltd., Sony Europe B.V, Sharp Consumer Electronics Poland sp. z o.o., Toshiba Europe Limited, Koninklijke Philips N.V., Panasonic UK & Ireland, Hitachi Europe Limited, TCL Electronics UK Limited, Jvckenwood U.K. Ltd and others.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, United Kingdom television market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United Kingdom Television Market, By Screen Size:

o   40''-49''

o   39'' and Below

o   50''-59''

o   Above 59''

·         United Kingdom Television Market, By Display Type:

o   LED

o   OLED

o   Others

·         United Kingdom Television Market, By Sales Channel:

o   Multi Branded Stores

o   Supermarkets / Hypermarkets

o   Online

o   Others

·         United Kingdom Television Market, By Region:

o   England

o   Scotland

o   Wales

o   Northern Ireland

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom Television Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Affecting Purchasing Decision

4.3.  Brand Satisfaction

4.4.  Challenges Faced Post Purchasing

5.    United Kingdom Television Market outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Screen Size (40''-49'', 39'' and Below, 50''-59'', Above 59'')

5.2.2.    By Display Type (LED, OLED, Others (LCD, QLED, etc.))

5.2.3.    By Sales Channel (Multi Branded Stores, Supermarkets/Hypermarkets, Online, Others (Institutional Sales, Exclusive Stores, etc.)

5.2.4.    By Region

5.2.5.    By Leading Cities

5.2.6.    By Company (2021)

5.2.7.    Market Map (By Screen Size, By Display Type, By Sales Channel, By Region)

6.    England Television Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Screen Size

6.2.2.    By Display Type

6.2.3.    By Sales Channel

7.    Scotland Television Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Screen Size

7.2.2.    By Display Type

7.2.3.    By Sales Channel

8.    Wales Television Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Screen Size

8.2.2.    By Display Type

8.2.3.    By Sales Channel

9.    Northern Ireland Television Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Screen Size

9.2.2.    By Display Type

9.2.3.    By Sales Channel

10. Import & Export Analysis

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Impact of COVID-19 on United Kingdom Television Market

13. Market Trends and Developments

14. United Kingdom Economic Profile

15. Policy & Regulatory Landscape

16. Competitive Landscape

16.1.             Competition Outlook

16.2.             Company Profiles

16.2.1. Samsung Electronics (UK) Ltd.

16.2.2. LG Electronics U.K. Ltd.

16.2.3. Sony Europe B.V

16.2.4. Sharp Consumer Electronics Poland sp. z o.o.

16.2.5. Toshiba Europe Limited

16.2.6. Koninklijke Philips N.V.

16.2.7. Panasonic UK & Ireland

16.2.8. Hitachi Europe Limited

16.2.9. TCL Electronics UK Limited

16.2.10. Jvckenwood U.K. Ltd

17. Strategic Recommendations

18. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures:
    Figure 1: United Kingdom Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F
    Figure 2: United Kingdom Television Market Share, By Screen Size, By Value, 2017-2027F
    Figure 3: United Kingdom Television Market Share, By Display Type, By Value, 2017-2027F
    Figure 4: United Kingdom Television Market Share, By Sales Channel, By Value, 2017-2027F
    Figure 5: United Kingdom Television Market Share, By Region, By Value, 2017-2027F
    Figure 6: United Kingdom Television Market Share, By Leading Cities, By Value, 2017-2027F
    Figure 7: United Kingdom Television Market Share, By Company, By Value, 2021
    Figure 8: England Television Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F
    Figure 9: England Television Market Share, By Screen Size, By Value, 2017-2027F
    Figure 10: England Television Market Share, By Display Type By Value, 2017-2027F   
    Figure 11: England Television Market Share, By Sales Channel By Value, 2017-2027F
    Figure 12: Scotland Television Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F
    Figure 13: Scotland Television Market Share, By Screen Size, By Value, 2017-2027F
    Figure 14: Scotland Television Market Share, By Display Type, By Value, 2017-2027F
    Figure 15: Scotland Television Market Share, By Sales Channel, By Value, 2017-2027F Figure 16: Wales Television Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F
    Figure 17: Wales Television Market Share, By Screen Size, By Value, 2017-2027F
    Figure 18: Wales Television Market Share, By Display Type, By Value, 2017-2027F
    Figure 19: Wales Television Market Share, By Sales Channel, By Value, 2017-2027F
    Figure 20: Northern Ireland Television Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F
    Figure 21: Northern Ireland Television Market Share, By Screen Size, By Value, 2017-2027F
    Figure 22: Northern Ireland Television Market Share, By Display Type, By Value, 2017-2027F 
    Figure 23: Northern Ireland Television Market Share, By Sales Channel, By Value, 2017-2027F