The sales of TVs worldwide within the half-moon of this year was unsurprisingly dominated by Samsung Electronics and LG Electronics, which garnered for themselves respective market shares of 32.9% and 19.2%.
In combo, that might make it 52.1%, which would mean 1 in 2 TVs sold within the half-moon of this year would belong to the stable of either of the 2 brands. The previous record by the 2 South Korean giants was 51% by within the half-moon of the last year. These numbers emerged during a survey done by marketing research firm Omdia.
Best TV 2021: smart TVs really worth buying LG tops premium segment; Good demand for Samsung’s Neo QLED The global TV sales within the half-moon was pegged 51.2 million units, up 9.9% from an equivalent period last year at 46.6 million units.
The sales, in terms of cash, also increased by 32.8% from $20.63 billion to $27.39 billion during an equivalent period. This was attributed to sharp increase within the sale of high-end premium TVs. Talking of which, LG topped the premium TV market after having quite doubled OLED TV shipments compared to an equivalent period last year. LG’s OLED TV shipments within the half-moon reached 79,200 units, up 116%.
LG sold a complete of seven,279,000 units, including OLED and LCD, within the global market. this is often a rise of quite 15% from last year’s numbers within the same period. Samsung, backed by the demand for its Neo QLED, sold 10 million QLED TVs this year.
Samsung, which has topped the TV sales for 15 consecutive years till last year, sold a complete of 11,615,000 units within the half-moon, a rise of 11.1%. In the half-moon, a complete of two,680,000 QLEDs were sold within the global TV market, a rise of 74.3% from 1.54 million units within the same period last year. Of these, Samsung’s contribution is about 2,010,000 units. Samsung features a market share of 46.5% within the 75-inch or larger super-large TV market.
It accounted for 52.4% within the 80-plus inch market. Get up close with consumer tech news that you simply can use, latest reviews and buying guides. Follow TechRadar India on Twitter, Facebook and Instagram!