04 Apr, 2016, Navi Mumbai, India: Marketreportsonsaudiarabia.com presents a new report on “Saudi Arabia LED TVs Market By Type, By Technology, By Screen Size, Competition Forecast and Opportunities, 2011 - 2021” Demand for LED TVs in the country is majorly met through imports, with few global players operating in the country through their exclusive distributors and dealers.
LED TVs are televisions that use light emitting diodes instead of traditional cold cathode fluorescent lights for backlighting the display. On account of high picture quality, vibrant and dynamic colors, enhanced video quality and better viewing experience, demand for LED TVs in Saudi Arabia has been witnessing an upsurge. Demand for LED TVs in the country is majorly met through imports, with few global players operating in the country through their exclusive distributors and dealers. Samsung, LG, Sony and TCL Home Appliances are the major LED TV players operating in Saudi Arabia.
According to “Saudi Arabia LED TVs Market by Type, By Technology, By Screen Size, Competition Forecast and Opportunities, 2011 - 2021”, the LED TVs market in Saudi Arabia is projected to register a CAGR of more than 10% during 2016 - 2021. Growth in LED TVs market in the country is majorly driven by declining product prices, increasing urbanization, growing disposable income and rising number of residential & commercial construction projects. Back Lit Full Array LED TVs accounted for more than 80% of the LED TV sales in 2015, and the segment’s dominance is expected to continue during 2016 - 2021. “Saudi Arabia LED TVs Market by Type, By Technology, By Screen Size, Competition Forecast and Opportunities, 2011 - 2021” discusses the following aspects of the LED TVs market in Saudi Arabia:
• Saudi Arabia LED TVs Market Size, Share & Forecast