top 10 television brands in world
The TV market is growing fast, and it’s expected to hit $705.2 billion by 20241. We rank and review the best TV brands globally. We look at their market share, what customers think, and the new tech they bring.
The best TV brands lead with their tech and desire to give you the best view. From Samsung, the leader, to LG’s OLEDs, and Sony’s advancements, we cover the top 10. This guide highlights what makes each brand stand out.
Key Takeaways
- The global TV market is projected to reach $705.2 billion in revenues by 20241.
- Samsung leads the global TV market with a 19.8% market share1.
- LG follows with a 12.8% market share, while TCL holds an 11.5% share1.
- Sony, Hisense, Xiaomi, Skyworth, VIZIO, and Sharp also rank among the top 10 TV brands worldwide1.
- The top TV brands offer a wide range of innovative features, technologies, and performance metrics that cater to diverse consumer preferences and budgets.
Introduction to the Global TV Market
The world’s TV industry has grown steadily lately and is set to keep growing2. In 2020, it was worth USD XX.XX million. By 2027, experts think it will hit USD XX.X million. This jumping growth is thanks to better technology, what viewers like, and the hunt for awesome entertainment2.
Market Size and Growth
TVs are getting more popular worldwide, with big names wanting to win over you, the customer2. In this competition, Samsung is leading with 17% of the market2. The top 10 brands include known names like Samsung and Sony. The report looked at the number and worth of TVs sold globally, in different regions, and by each company, giving a full picture of the industry2.
Factors Influencing Brand Popularity
Many things affect a brand’s popularity, like how much of the market they have and what experts say about them. The report also split TVs by size and selling place to see what people prefer and where they shop for them2. It showed the differences in what folks like and how they buy TVs in places like North America and Asia2. Plus, it detailed the types and uses of TVs, helping understand why people pick certain ones2.
The market’s growth and what makes a brand stand out are key for makers, sellers, and us buyers. We all need to know how the TV world is changing2.
Evaluation Criteria for Top TV Brands
The TV market is incredibly competitive globally. Leading brands vie for the spotlight. They offer special features, new technologies, and top performance. A detailed evaluation helps to spot the best brands, considering what consumers like and what drives sales.
Global Market Share
In the global TV market, Samsung stands out ahead of LG and Sony3. Its strong position is supported by a top spot on the Fortune 500 list. This shows how big of an impact it has on the economy3. Samsungs makes smart TVs with a Tizen operating system. There are over 2,000 apps for users to enjoy3. It also offers a variety of TV technologies, from QLED to Neo QLED. This shows their dedication to innovation and creating the best viewing experiences3.
LG is a front runner in OLED TV technology. Its TVs are known for unmatched black levels and vivid contrast3. The company’s webOS smart TV system is easy to use and lets users customize their TV experience. It also gives access to a wide range of streaming services3.
Consumer Reviews and Performance Metrics
Consumer feedback is a key part of evaluating TV brands. Reviews from sources like RTINGS shed light on a TV’s performance and user satisfaction3. LG’s OLED TVs, for example, are praised for spectacular display features. This includes rich black levels and ultra-fast response times3.
When it comes to Sony, its TVs are celebrated for their processing power, color accuracy, and smooth motion3. They use the Cognitive Processor XR to boost contrast, sound, and gaming quality. Sony is also exploring mini-LED and QD-OLED technologies to enhance brightness and picture quality, establishing itself as a TV tech leader3.
Innovative Features and Technologies
Distinguishing features and technologies are a big deal for showing off a brand’s TV. Samsung, LG, and Sony each has their own smart TV system, which enhances user experience34.
Advanced processing chips are also vital. Samsung’s Quantum Processor and Sony’s Cognitive Processor XR aim to provide the best picture, sound, and gaming performance3.
Careful evaluation reveals the top TV brands. They have strong global presence, good reviews, and a focus on innovation. These factors are key to being a leading name in the TV industry345.
Samsung: The Market Leader
For 18 years straight, Samsung has been the top TV brand globally. They have stayed ahead with their top-notch display tech, cool smart features, and a wide range of TV models6.
QLED and Neo QLED Display Technology
People love Samsung’s QLED and Neo QLED TVs for their awesome picture quality, bright colors, and high brightness6. Their 8K TVs have 33 million pixels for super sharp images. And the AI Upscaling makes all content look amazing6.
Smart TV Platform and Voice Control
Smart TV and voice control are big reasons why Samsung is so popular. The SmartThings feature lets you control your Samsung TV with your phone. And AI Energy Mode helps save energy6. Samsung’s top-selling soundbars offer great sound. They use Dolby tech for a cinema-like experience6.
Popular Samsung TV Models
Samsung has many TV models to fit different needs and budgets. Among the top picks are Samsung S90C OLED, Samsung QN90C/QN90CD/QN900C QLED, and QN85C/QN85CD QLED for 20247. Fans praise them for watching TV, playing games, and movies. Samsung’s focus on quality and new ideas keeps them at the top of the TV and soundbar markets6.
| Model | Key Features | Ratings |
|---|---|---|
| Samsung S90C OLED | – QD-OLED panel – Tizen smart TV platform – HDR support | – Excellent for TV shows, video games, HDR movies, and PC monitor usage7 |
| Samsung QN90C/QN90CD QLED | – Mini LED backlighting – 4K QLED display – Tizen smart TV | – One of the best smart TVs in the upper mid-range category7 |
| Samsung QN85C/QN85CD QLED | – 4K QLED panel – Wide viewing angle – Gaming features | – Best mid-range TV monitor for PC usage and gaming7 |
LG: The OLED Pioneer
LG is a top name in TVs, known for its OLED screens. These screens provide amazing visuals. They make deep blacks and bright colors look stunning, drawing in anyone who loves movies or TV9. LG’s smart TV system, webOS, is super easy to use. It lets you control your smart home with ease, adding to the charm of LG TVs.
OLED Display Technology
LG’s TVs stand out thanks to their OLED technology. Unlike usual LCDs, OLEDs emit their own light. This means they can show true blacks and vivid colors. LG’s best TVs can even reach 10,000 nits of brightness. This shows colors in their true light, whether you’re watching a movie or playing a game9.
LG amazed everyone by launching the first see-through, wireless TV at CES 202410. This LG SIGNATURE OLED T has a 77-inch screen and a powerful new processor. It’s 30% faster and has 70% better graphics than its past model. This TV is super versatile and groundbreaking. It shows LG’s dedication to leading in the OLED world.
webOS Smart TV Platform
LG’s TVs not only have great displays but also a smart system, webOS. This platform is easy to use and links to many streaming services. It also supports voice control. This makes LG TVs a top choice for people who love a smart home experience.
LG’s OLED models are loved for their great performance. From watching TV shows to playing video games, they handle it all well11. The LG C3 and B3 OLEDs are standout choices in their categories. They offer great picture quality and size variety. LG’s range meets many different needs, showing their leadership in OLED technology.
“LG’s OLED TVs offer an unparalleled visual experience, with deep blacks, vibrant colors, and wide viewing angles that captivate home theater enthusiasts and movie buffs alike.”
top 10 television brands in world
In the fast-changing global TV market, some brands stand out. They offer new tech, great features, and good deals. The top 10 TV brands in the world each have a big slice of the market1.
The leader is Samsung Electronics from South Korea. It made KRW 60.01 trillion in Q2 of 2023. Its net income was KRW 33.95 billion by March 31, 2023. Samsung holds a tremendous market share of 27.14% by Q1 of 202312.
LG Electronics from South Korea is also at the top. It is known for leading in OLED displays. In Q2 of 2023, LG made KRW 20 trillion. Its net income was $359.72 million by March 31, 2023. LG is in 128 markets and owns 12.6% of the market12.
Sony from Japan is a big name too. It’s famous for its high-tech and quality products. Sony made $23.551 billion in revenue in 2023’s first quarter. Its net income was $1.034 billion. Sony holds 6.9% of the market12.
TCL from China is making waves among budget-friendly choices. It made 167 billion yuan in 2022. With a net profit of 261 million yuan. TCL saw its operating income jump by 133.91% in the first quarter of 2021. This made its market share go up to 5.6%12.
The top 10 TV brands always meet what consumers want. They offer various features, technology, and prices. From Samsung’s advanced QLED to TCL’s affordable quality, these brands improve TV tech. They provide great viewing for people around the world13.
TCL: Affordable Quality
TCL is gaining a lot of attention in the TV world14. It’s known for making high-quality TVs that are cheap, attracting many different customers14.
Value Proposition
TCL’s success comes from its great value14. Even if their TVs are not expensive, they still have features and performance like the expensive ones14. They offer a wide variety of TVs, from the top QM8 series to the more affordable S4 models14.
Quality is TCL’s top priority, and you can see it in how well their TVs work14. They tested over 35 models, and the QM8 QLED was the best. The Q7 QLED came out on top in the mid-range, and the Q5 QLED and S4 models were the best for those looking to save money14.
Roku TV Smart Platform
TCL also uses a smart platform that’s easy to use, making their TVs even better14. They work with Roku to give you the TCL Roku TV. It mixes great hardware with easy-to-use software for watching lots of shows and movies14.
The TCL Roku TVs come in lots of sizes to fit what you need15. The Q6 TV, for example, has 4K resolution and a 120Hz refresh rate. You can get it in sizes from 55 to 85 inches15. The QM8 model offers a brightness of 2000 nits and 2300 dimming zones, showing TCL’s focus on top-notch picture quality15.
TCL is growing fast in the TV market, offering quality at a good price14. They have a variety of TVs and the easy-to-use Roku platform. This makes them a great choice for anyone looking for quality that’s affordable14.
“TCL has consistently delivered quality products with features typically found in higher-end models, making them a compelling choice for consumers on a budget.”
Sony: Cutting-Edge Technology
Sony is a leading name in the electronics world. It brings top-notch quality and new tech. Its TVs are famous for showing vibrant colors, bright pictures, and the latest features, making home entertainment better16.
Cognitive Processor XR Chip
The new Sony TVs run on the Cognitive Processor XR. This smart chip uses AI to make watching TV like never before. It looks at every scene in real-time, making pictures and sound fit with how our brains see and hear things16.
Mini-LED and QD-OLED Displays
Sony takes lead in display tech with its Mini-LED and QD-OLED screens. These offer super brightness, rich contrast, and perfect colors, taking your viewing to a whole new level16. Sony’s QD-OLED TVs stand out for their true-to-life, precise colors17.
If you want an OLED luxury or a more budget-friendly LED, Sony has you covered16. Their focus on innovating and quality keeps them ahead. This is why Sony TVs remain a top choice for those who appreciate a great viewing experience16.
“Sony TVs are considered worth the investment due to being closer to high-end models, typically with screen sizes larger than 50 inches.”16
Sony always aims to be at the forefront. With a constant eye on the latest tech and outstanding performance, it continues to raise the bar in the TV world. This dedication makes Sony a true pioneer in the TV industry161817.
Hisense: Feature-Rich and Affordable
Hisense is a top Chinese electronics maker making its mark in the world TV scene. It offers TVs full of features at great prices. Hisense has found a big spot in the market for those wanting value without giving up quality or performance19.
Hisense is known for having many TV models for every budget and taste20. The Hisense U8K is top of the line, with 4K and more. Then there are models like the Hisense A6 and Hisense 120L5G that show Hisense’s skill in making TVs packed with features. These are great examples of quality TVs that don’t cost a fortune.
In a market filled with expensive TVs, Hisense has found its spot by offering great value. The Hisense U6K is a good example. It’s the cheapest Mini LED TV out there. It offers top-notch contrast and color because of its QLED display tech and special backlighting21.
| Model | Rating | Resolution | Refresh Rate | Display Technology |
|---|---|---|---|---|
| Hisense U8K | 5/5 | 4K | 144 Hz | LED |
| Hisense A6 | 4.9/5 | 4K | 60 Hz | LCD |
| Hisense 120L5G | 4.7/5 | 4K | 60 Hz | DLP |
| Hisense U7K | 4.6/5 | 4K | 144 Hz | QLED |
| Hisense U6K | 4.5/5 | 4K | 60 Hz | QLED |
Hisense TVs shine not just for their great specs but also for their easy-to-use smart platforms19. The Hisense A6H, for instance, has Google TV and Google Assistant. It makes for a smooth experience with voice control and personalized content. Though, Google TV might seem a bit slow for some. But, Hisense keeps working on its software to make it better for you.
Customers really like Hisense’s focus on offering features at good prices20. The brand’s popularity and good reviews show this. Hisense is all set to do even better in the market. It’s thanks to its great value that it’s staying strong among big TV makers.
Xiaomi: Disrupting the Market
Xiaomi, a major player from China, has shaken up the TV market by selling smart TVs that are both affordable and packed with features22. They are known for offering high-quality picture and the latest in smart TV technology at prices many can reach22.
Starting in Beijing in 2010, Xiaomi quickly climbed the smartphone ladder in China, hitting the top-3 in just 2 years after their first phone was launched22. Today, they are known worldwide as one of the top smartphone sellers, after Apple and Samsung22. Their jump into the TV market was powered by their strong user base and strategic partnerships.
Their MIUI software, created with help from fans, boosted Android’s popularity in China22. Xiaomi is seen as a Chinese tech pioneer, appealing to young, tech-savvy users22. They took a page from companies like Uber and Amazon, focusing on what customers want to shape new markets22.
Xiaomi’s success secret includes keeping customers involved in designing their products, which builds strong loyalty22. They’ve also got key players like Qualcomm and Sharp to work with them on their devices22.
In China, Xiaomi is a powerhouse, but it’s facing tougher competition in places like India23. For instance, Xiaomi lost some of its TV market share to Samsung from 2022 to 2023 in India23. Yet, its focus on innovation and affordable, top-quality TVs makes it a big contender worldwide.
Xiaomi’s TV success comes from their strong user community, smart partnerships, and their commitment to bring new, affordable tech to the market22. As the TV market changes, Xiaomi’s disruptive approach continues to set them apart22.
“Xiaomi’s success is attributed to creating a compelling vision and nurturing a dedicated user community, leading to a significant structural advantage in ecosystems.”
Other Notable Brands
In the world of TVs, big names like Samsung, LG, and Sony shine. Yet, other brands have won over fans as well. Think Skyworth, VIZIO, and Sharp. They all bring something special to the table, meeting different needs and tastes12.
Skyworth
Skyworth isn’t just known in China anymore. This brand has grown big around the world. It has almost 300,000 people working hard. Its TVs are in 74 countries. And in the second quarter of 2023, it made a lot of money. This shows it can stand strong with the best brands out there12.
VIZIO
VIZIO is a big name in North America. People love it for its great TVs that don’t break the bank. It’s all about getting top quality for a fair price. And now, VIZIO is leading in North America because of it.
Sharp
Sharp is well-respected in Japan for good reason. It puts a lot of effort into making TVs with stunning colors and smart features. With over 100,000 workers and large earnings, Sharp is a key player worldwide. It’s a top choice for those who want the best in their TVs12.
These brands add more variety and choice to the TV market. With their unique strengths, they help make the global TV world rich and interesting for all of us.
Conclusion
The TV market worldwide is changing fast, with big brands trying to get our attention24. We dug deep into these brands to see what makes them special. They show us cool stuff like OLED and QLED screens, and smart features that make watching TV even better2425.
You’ve got a ton of options thanks to these brands, no matter your style or budget25. Looking for something top of the line? Maybe a great deal on a budget? Or something that’s all about the latest technology? The brands we’ve talked about have it all2426. They’re all about quality, lasting long, and bringing new tech to your living room. They’re leading the way in TVs around the world.
This competition means even better TVs for us in the future26. We get to choose from lots of amazing TVs. The TV market is more exciting than ever, thanks to the brands we’ve covered. They’re driving changes that make watching TV the best experience.
FAQ
What is the projected global TV market revenue for 2024?
The global TV market is expected to hit $705.2 billion by 2024, a recent report says.
What were the key factors used to determine the ranking and analysis of the best TV brands in the world?
Many things go into picking the top TV brands. This includes looking at how much of the market they have, what customers say about them, and the new tech they bring out. Each brand’s unique features and innovations play a big part too.
How did global market share data play a role in identifying the top TV brands?
Knowing which brands are more popular helps us spot the biggest ones. This lets us see what people like best and recognize the brands easily.
What factors were considered in assessing the performance, picture quality, and user satisfaction of TV models across different brands?
Experts use reports and reviews to check how well TVs work. People’s views on things like image quality and satisfaction with the TV help figure out which models are best.
What were some of the unique features, technologies, and innovations that set the top TV brands apart from their competitors?
Brands stand out by creating unique tech and features. These new things make watching TV better and show how one brand might be better than another.
What are the key strengths and features that contribute to Samsung’s dominance in the global TV market?
Samsung leads the TV market thanks to its advanced tech and features. The QLED and Neo QLED TV lines offer amazing picture quality. Plus, Samsung’s smart TV features also make it a top choice.
What are the standout features and innovations that have made LG a leader in the OLED TV segment?
LG is known for its OLED TVs, which offer great picture quality and deep blacks. People who love movies find these features especially appealing. The webOS smart platform makes LG TVs user-friendly as well.
How has TCL been able to gain significant traction in the global TV market despite its relatively lower pricing?
TCL is quickly growing in the TV market with its affordable yet top-quality TVs. It provides options for every budget but never skimps on features. TCL’s Roku TV smart platform is easy to use, raising its popularity.
What are some of the innovative technologies and features that set Sony’s TVs apart in the market?
Sony is famous for its high-quality electronics, and its TVs are no exception. They offer vivid color, brightness, and top-notch technology. The Cognitive Processor XR chip and advancements in display tech mean Sony’s TVs are always a step ahead.
How has Hisense been able to offer feature-rich TVs at competitive prices?
Hisense, from China, has become well-known for its value-for-money TVs. It focuses on quality and packed features while keeping prices down. This has helped it gain a big share of the market.
What has been Xiaomi’s strategy in disrupting the TV market with its affordable and feature-rich smart TVs?
Xiaomi is shaking up the TV market with its affordable yet cutting-edge smart TVs. It focuses on the latest tech and innovation. Xiaomi’s TVs offer great image quality and smart TV features at a price many can afford.
What other notable TV brands were mentioned in the analysis, and what are their key strengths?
Other brands noted include Skyworth, a top Chinese choice for its budget-friendly, feature-packed TVs. VIZIO is known in North America for affordable quality. Sharp, a respected Japanese brand, makes TVs known for their great picture and features.
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