Liquid Crystal Display Television Market Size, Share, and Outlook, 2025 Report- By Type (Active Matrix LCD, Passive Matrix LCD), By Application (Residential, Hotels, Hospitals, Corporate, Others), By Screen Size (21 Inch, 22 Inch, 32 Inch, Others), By Sal

Liquid Crystal Display Television Market Outlook
The Liquid Crystal Display Television Market size is expected to register a growth rate of 6.9% during the forecast period from $49.12 Billion in 2025 to $78.4 Billion in 2032. The Liquid Crystal Display Television market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Liquid Crystal Display Television segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Active Matrix LCD, Passive Matrix LCD), By Application (Residential, Hotels, Hospitals, Corporate, Others), By Screen Size (21 Inch, 22 Inch, 32 Inch, Others), By Sales Channel (Offline, Online). Over 70 tables and charts showcase findings from our latest survey report on Liquid Crystal Display Television markets.

Liquid Crystal Display Television Market Insights, 2025
The Liquid Crystal Display (LCD) television market has evolved significantly over the past decade, driven by technological advancements and increasing consumer demand for high-quality, energy-efficient displays. LCD televisions offer superior image clarity, reduced power consumption, and a slim profile, making them a popular choice among consumers for both home entertainment and commercial applications. With innovations like 4K and 8K resolution, high dynamic range (HDR), and smart TV capabilities, LCD TVs have transitioned from being a luxury item to a mainstream product. The increasing availability of affordable models has expanded the market, particularly in developing regions. Additionally, the integration of Internet of Things (IoT) technologies and voice-controlled assistants has enhanced the functionality of LCD TVs, further boosting their appeal. The rising demand for immersive viewing experiences has spurred the development of larger screen sizes and more sophisticated picture-enhancement technologies. However, competition from OLED (Organic Light-Emitting Diode) TVs, which offer even better picture quality and thinner panels, poses a challenge to the LCD market. As the shift towards digital content consumption and streaming platforms continues, the demand for high-definition televisions is expected to remain robust. Despite this, manufacturers must continuously innovate to address challenges related to price competition, technological obsolescence, and consumer preferences for premium features.

Five Trends that will define global Liquid Crystal Display Television market in 2025 and Beyond
A closer look at the multi-million market for Liquid Crystal Display Television identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Liquid Crystal Display Television companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of Liquid Crystal Display Television vendors.

What are the biggest opportunities for growth in the Liquid Crystal Display Television industry?
The Liquid Crystal Display Television sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Liquid Crystal Display Television Market Segment Insights
The Liquid Crystal Display Television industry presents strong offers across categories. The analytical report offers forecasts of Liquid Crystal Display Television industry performance across segments and countries. Key segments in the industry include- By Type (Active Matrix LCD, Passive Matrix LCD), By Application (Residential, Hotels, Hospitals, Corporate, Others), By Screen Size (21 Inch, 22 Inch, 32 Inch, Others), By Sales Channel (Offline, Online). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Liquid Crystal Display Television market size outlook is provided for 22 countries across these regions.

Market Value Chain
The chapter identifies potential companies and their operations across the global Liquid Crystal Display Television industry ecosystem. It assists decision-makers in evaluating global Liquid Crystal Display Television market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts
Strategic decision-making in the Liquid Crystal Display Television industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Liquid Crystal Display Television Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Liquid Crystal Display Television Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Liquid Crystal Display Television with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Liquid Crystal Display Television market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Liquid Crystal Display Television market Insights- Vendors are exploring new opportunities within the US Liquid Crystal Display Television industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Liquid Crystal Display Television companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Liquid Crystal Display Television market.

Latin American Liquid Crystal Display Television market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Liquid Crystal Display Television Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Liquid Crystal Display Television markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Liquid Crystal Display Television markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Liquid Crystal Display Television companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Hisense Group, Koninklijke Philips N.V., LG Electronics, MediaTek Inc, Nelson-Miller, Panasonic Corp, Samsung, Sony Corp, Toshiba Corp.

Liquid Crystal Display Television Market Segmentation

By Type
Active Matrix LCD
Passive Matrix LCD

By Application
Residential
Hotels
Hospitals
Corporate
Others

By Screen Size
21 Inch
22 Inch
32 Inch
Others

By Sales Channel
Offline
Online

Leading Companies
Hisense Group
Koninklijke Philips N.V.
LG Electronics
MediaTek Inc
Nelson-Miller
Panasonic Corp
Samsung
Sony Corp
Toshiba Corp

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.