Industry Findings: Replacement demand remains resilient as households continue upgrading from older HD televisions to larger 4K and OLED models with improved gaming and streaming performance. In Jan-2025, US consumer electronics projections indicated that premium televisions would continue outperforming entry-level sets as consumers prioritize screen size and picture quality over basic functionality. This shift is increasing average selling prices and helping manufacturers sustain revenue growth despite a highly penetrated ownership base. Commercial deployments in hospitality and workplace common areas are adding incremental demand in metropolitan markets.
Industry Player Insights: The US landscape is shaped by key players such as Vizio, Samsung Electronics, LG Electronics, and Sony Group. Walmart completed its acquisition of Vizio in Dec-2024, combining Vizio's television hardware presence with Walmart's retail and connected advertising capabilities. TCL also expanded its QM-Series Mini-LED televisions in 2024, strengthening competition in the premium mainstream segment. These moves increase pricing pressure while expanding the availability of advanced display technologies across both online and offline channels.