Market Forecast By Resolution (LCD TVs, OLED TVs), By Types (2D TVs, 3D TVs) And Competitive Landscape
Product Code: ETC036655 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Australia Television market |
Forecast period | 2025-2031 |
Forecast size | USD 4.7 Billion – USD 6.3 Billion |
CAGR | 5.2% |
Growing Sector | Electronic |
The Australia Television market report thoroughly covers the market by resolution and by type. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2025, the Australia Television market is valued at approximately $ 4.7 billion, with a projected compound annual growth rate (CAGR) of 5.2% over the next five years. Additionally, by 2031, the market is expected to reach around $ 6.3 billion. The electronics sector holds significant position in the overall market.
The Australia television market is experiencing steady growth, driven by increasing demand for high-definition (HD) and smart TVs, as well as the rise of streaming platforms. Consumers are increasingly preferring larger screen sizes, 4K and OLED technologies, along with internet-connected TVs offering access to online content. The market is also seeing growth in the sales of smart TVs, fueled by the adoption of platforms like Netflix, Disney+, and local services such as Stan and Foxtel. As Australian households continue to embrace advanced technologies, the market is expected to grow further, with key players focusing on innovation and enhancing consumer experiences through features like voice assistants, improved image quality, and integration with home automation systems.
According to 6Wresearch, Australia Television market size is projected to grow at a CAGR of 5.2% during 2025-2031. The growth of the Australia television market is primarily driven by increasing consumer demand for advanced technologies such as smart TVs, 4K resolution, OLED displays, and integration with streaming platforms. The shift from traditional cable TV to internet-based content services, including Netflix, Disney+, and local providers like Stan and Foxtel, is fueling the adoption of internet-connected televisions. Additionally, growing interest in home entertainment experiences, including larger screen sizes and improved image quality, is further propelling market growth.
However, the market also faces challenges, such as the saturation of the TV replacement cycle, with many consumers holding onto their televisions longer due to high-quality existing models. Furthermore, the intense price competition between local and international brands can impact profit margins for manufacturers. Additionally, economic factors, such as inflation and changing consumer spending patterns, could slow down discretionary spending on premium TV models.
Key companies in the Australia television market include global giants such as Samsung Electronics, LG Electronics, and Sony Corporation, which dominate with their innovative offerings in smart TVs, 4K, OLED, and QLED technologies. Hisense and TCL are gaining traction in the mid-range segment, offering feature-rich televisions at competitive prices. Panasonic and Philips also maintain a presence, catering to niche markets with unique features and energy-efficient models. Additionally, local players and retailers like Kogan and JB Hi-Fi are leveraging private-label brands and exclusive deals to capture budget-conscious consumers.
Additionally, some of these players hold majority of the Australia Television market share. Moreover, these companies are focusing on advanced technology integration, partnerships with streaming services, and localized marketing strategies to strengthen their foothold in the Australian market.
Government regulations in the Australian television market primarily focus on energy efficiency, product safety, and consumer protection. The Energy Rating Label Program, governed by the Greenhouse and Energy Minimum Standards (GEMS) Act 2012, mandates that televisions meet minimum energy performance standards (MEPS) and display energy efficiency labels. This aims to reduce electricity consumption and carbon emissions. Additionally, the Australian Communications and Media Authority (ACMA) enforces compliance with electromagnetic compatibility (EMC) standards to prevent interference with other devices. Further, these initiatives have further boosted the Australia Television market revenues. Furthermore, consumer protection laws, such as those under the Australian Consumer Law (ACL), ensure warranties, refunds, and clear product information for buyers. These regulations promote sustainable practices, market fairness, and safety in the television sector.
The future of the Australia television market is poised for growth, driven by the increasing penetration of smart TVs and advancements in display technologies such as 8K resolution, OLED, and QLED screens. The integration of artificial intelligence, voice control, and IoT capabilities will continue to redefine home entertainment, with TVs becoming central hubs for smart homes. The growing popularity of streaming services, coupled with consumer demand for larger screen sizes and immersive experiences, will further propel the market. Sustainability trends, including energy-efficient models and eco-friendly manufacturing practices, are expected to gain prominence. As competition intensifies, companies are likely to focus on localized production, innovative features, and competitive pricing to capture evolving consumer preferences.
According to Ravi Bhandari, Research Head, 6Wresearch, the OLED TV category in Australia is experiencing robust growth, driven by increasing consumer demand for premium viewing experiences. With superior image quality, deep contrast, and vibrant colors, OLED technology is becoming a preferred choice for high-end buyers. The growing availability of larger screen sizes and falling production costs are making OLED TVs more accessible. Additionally, innovations such as flexible and ultra-thin designs, along with enhanced gaming features like high refresh rates and low latency, are further boosting their appeal. As consumers shift towards advanced home entertainment solutions, the OLED TV market is expected to expand at a strong CAGR, capturing a significant share of the premium segment in the coming years.
The growth of 3D TVs in Australia has slowed significantly in recent years, as consumer interest shifted toward other advanced technologies like 4K, OLED, and smart TVs. While 3D TVs initially attracted attention for offering immersive viewing experiences, the need for specialized glasses, limited 3D content, and higher costs hindered widespread adoption. With the advent of alternative technologies that provide superior image quality and convenience, demand for 3D TVs has largely declined. However, niche markets, including gaming enthusiasts and cinema-focused users, still show some interest. Future growth in this category will depend on advancements like glasses-free 3D technology and the development of richer 3D content libraries.
The Australia Television market report provides a detailed analysis of the following market segments -
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Television Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Television Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Television Market - Industry Life Cycle |
3.4 Australia Television Market - Porter's Five Forces |
3.5 Australia Television Market Revenues & Volume Share, By Resolution, 2021 & 2031F |
3.6 Australia Television Market Revenues & Volume Share, By Types, 2021 & 2031F |
4 Australia Television Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Television Market Trends |
6 Australia Television Market, By Types |
6.1 Australia Television Market, By Resolution |
6.1.1 Overview and Analysis |
6.1.2 Australia Television Market Revenues & Volume, By Resolution, 2021 - 2031F |
6.1.3 Australia Television Market Revenues & Volume, By LCD TVs, 2021 - 2031F |
6.1.4 Australia Television Market Revenues & Volume, By OLED TVs, 2021 - 2031F |
6.2 Australia Television Market, By Types |
6.2.1 Overview and Analysis |
6.2.2 Australia Television Market Revenues & Volume, By 2D TVs, 2021 - 2031F |
6.2.3 Australia Television Market Revenues & Volume, By 3D TVs, 2021 - 2031F |
7 Australia Television Market Import-Export Trade Statistics |
7.1 Australia Television Market Export to Major Countries |
7.2 Australia Television Market Imports from Major Countries |
8 Australia Television Market Key Performance Indicators |
9 Australia Television Market - Opportunity Assessment |
9.1 Australia Television Market Opportunity Assessment, By Resolution, 2021 & 2031F |
9.2 Australia Television Market Opportunity Assessment, By Types, 2021 & 2031F |
10 Australia Television Market - Competitive Landscape |
10.1 Australia Television Market Revenue Share, By Companies, 2024 |
10.2 Australia Television Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |