We're expecting big things for the Saudi Arabia LED TV market between 2023 and 2027! It looks like the growing digital broadcasting scene and lower prices are really driving things forward. These TVs are becoming much more affordable, which is great for consumers. Plus, with folks in Saudi Arabia earning more, they've got more cash to spend on better stuff, like sweet new LED TVs. You can find them everywhere now too! Remember when everything was imported? Well, there's way more local production these days. And let's be honest, who doesn't want a TV with a crystal-clear picture and that's easy on the electric bill? LED TVs are just better – superior picture, more efficient. All this together – affordability, easy to find, and great tech – is why everyone wants one! Learn more here.
Rise in Online Content Consumption Amid COVID-19 Augments the Market Growth
The COVID-19 pandemic really threw a wrench into everything, creating a huge health crisis. To slow the virus down, lots of countries are limiting how people move around, which is actually making people want more LED TVs. Entertainment companies, though, are getting creative, trying to figure out how to do things in this new digital world. We're seeing a massive jump in people watching stuff online, with Netflix and Amazon Prime Video getting tons more viewers everywhere. As things slowly go back to normal and people keep watching online, smart TV brands are likely to become super popular in Saudi Arabia, which should really boost the whole LED TV market in the next few years.
Increase in Demand for HD Channels is Projected to Accelerate the Market Growth
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Market Segmentation
Saudi Arabia LED TV market is segmented into, type, screen size, distribution channel, regional distribution, and competitive landscape. Based on type, the market is divided into HD, FHD and UHD. Based on screen size, the market is segmented into
Market Players
Samsung Electronics, LG Electronics Gulf FZE (“LGE”), Panasonic Marketing Middle East & Africa FZE, SONY MIDDLE EAST AND AFRICA FZE, TCL Saudi Arabia, Hisense Middle East, Sharp Middle East, Xiaomi Saudi Arabia, Toshiba Gulf FZE, Philips Saudi Arabia, are the key market players operating in Saudi Arabia LED TV market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | Type Screen Size Distribution Channel |
| Regional scope | Western, Central, Southern, Eastern and Northern |
| Key companies profiled | Samsung Electronics, LG Electronics Gulf FZE (“LGE”), Panasonic Marketing Middle East & Africa FZE, SONY MIDDLE EAST AND AFRICA FZE, TCL Saudi Arabia, Hisense Middle East, Sharp Middle East, Xiaomi Saudi Arabia, Toshiba Gulf FZE, Philips Saudi Arabia |
| Customization scope | 10% free report customization with purchase. Addition or alteration to 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/Word format on special request) |
