The forecasted export of TV Sets, including a complete set of spare parts from China, shows a consistent upward trend from 2024 to 2028, increasing from 11.02 million units to 12.19 million units. In 2023, the actual export stood at approximately 10.75 million units, pointing to a growth pattern. The year-on-year growth rates from 2024 to 2028 reflect a stable rise, with an annual average increase (CAGR) of about 2.5% during this period.
Future trends to watch for:
- The impact of technological advancements on TV design and functionality, which could spur further demand.
- Shifts in global trade policies and relations, which may influence China's export capabilities.
- Consumer preferences towards eco-friendly and energy-efficient models affecting production.
- Potential disruptions in supply chains that could impact the availability of spare parts.
