Top 5Largest TV Manufacturers and Best TV Brands by Market Share 2021
Headquarters: Suwon, South Korea
With a market share of over 20%, Samsung has been the world’s largest TV manufacturer since 2006. It was the first TV company to launch a fully HD LED TV in 2010 at the Consumer Electronics Show (CES), Las Vegas. Samsung also accounts for almost 50% of total 75-inch TV sales worldwide. Samsung’s LCD display technology, QLED, uses quantum dots to enhance colors, enabling the viewer to see minute details on extremely bright or dark scenes. With increasing demand for large-screen TVs, the company is strengthening its QLED TV portfolio by incorporating additional features such as HDR 2000 and a 4K Q Engine, which optimizes high-resolution content for screens larger than 65 inches.
Related market report: Global HD TV Market Report 2018-2022
Headquarters: Seoul, South Korea
LG is the second-largest TV manufacturer in the world, accounting for about 12% of the market. The company offers a wide range of OLED TVs, UHD TVs, super UHD TVs, smart TVs, and LED TVs. It has been the world’s bestselling OLED TV brand since 2013. With extensive experience in television manufacturing under its belt, LG has been a pioneer in the innovation of new technologies. For instance, LG OLED TVs are loaded with AI ThinQ technology, which integrates Natural Language Processing (NLP) to deliver intelligent voice activated control. LG Super UHD TVs come with full array dimming technology, which produces clear and crisp images with superb contrast by controlling backlight units individually.
Headquarters: Minato, Tokyo, Japan
Sony is one of the leading TV manufacturing companies in the world and makes up close to 7% of the market. Sony focuses on innovation and technological advancements to improve the viewer’s overall experience. Bravia, Sony’s flagship TV product line, comes fitted with an X1 Extreme processor that controls over 8 million self-illuminating pixels to provide 4K HDR (High Dynamic Range) display. It also employs Acoustic Surface technology, wherein sound comes directly from the screen, so that sound and special effects can be heard precisely from the right place.
Related market report: Global TV Remote Market Report 2018-2022
Headquarters: Qingdao, Shandong, China
Hisense is among the largest television manufacturers in the world and is one of the top TV brands in China. The company intends to disrupt the consumer electronics industry by challenging the competition and offering quality products at affordable prices. Hisense offers a vast selection of televisions utilizing a wide range of technologies and operating systems, at great prices. Hisense TVs comes with additional accessibility features to assist visually and hearing-impaired customers. These assistive technologies can be used to access essential television functions through audio output and displays audio as text on screen.
Read our blog on the Top 13 Companies in the Over the Top (OTT) Market to learn about the leading companies offering online content for smart TVs.
Headquarters: Guangdong, China
TCL is one of the fastest growing TV manufacturers offering 2K LED TVs, UHD Android TVs, UHD Smart TVs, FHD/HD Smart TVs, and FHD/HD Slim Led TVs at low prices. Companies such as Alcatel and Samsung have outsourced the manufacturing of some models of LCD television to TCL because of its strategic location to lower the production costs. To spread their brand name, TCL have partnered with many companies in the fields of sports, entertainment, music and technology. The company uses TCL Wide Color Gamut technology to deliver the purest LED backlight, which in turn helps to improve display performance and the vividness of the picture. Moreover, TCL brand TVs come equipped with built-in Chromecast that allows users to cast videos or games directly to their TVs.
Related market report: Global IPTV Market Report 2017-2021
Headquarters: Shenzhen, Guangdong, China
Skyworth ranks among the top ten TV manufacturers in the world and is expected to increase its market share in the coming years. The company specializes in the development and manufacturing of consumer electronics, display devices, digital set top boxes, security monitors, semiconductors, refrigerators, washing machines, cell phones, and ED lighting. The company offers a wide range of televisions, including OLED TVs, 4K Android TVs, 4K Smart TVs, 2K Android TVs, and digital LED TVs. Q3 is Skyworth’s latest high-end TV series offering, with modern design, excellent picture performance, exquisite sound, and artificial intelligence functions.