Counterpoint Research, a market research company, recently released a report on the premium TV market in Q4 2024. The overall shipment of premium TVs including QD-MiniLED, QD-LCD, NanoCell, LCD 8K, QD-OLED, WOLED, and MicroLED, saw a significant increase of 51% compared to the previous year, reflecting the growing demand for cutting-edge technology.
A key highlight of the report is the market share breakdown, with TCL surpassing LG to claim the second spot in the premium TV segment. TCL holds a 20% market share, while LG follows closely behind at 19%. Samsung retains the top spot with a 29% share, while Chinese brand Hisense secures the fourth position with a 16% share.
In 2022, TCL emerged as the second-largest TV manufacturer globally, overtaking LG across all TV categories, highlighting the brand’s rapid growth and competitive edge.
Source: TechSpot
TLDR: The premium TV market saw a 51% increase in shipments in Q4 2024, with TCL surpassing LG to claim the second spot in market share.
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