A&Ad TV repair, which includes TV sets and other equipment, is an industry that has expanded rapidly over the past decade.
But despite its expansion, TV repair has yet to become the dominant industry in the U.S., and the average cost per set has not kept pace with inflation, according to a new study from the Pew Research Center.
A&ab TV repair is the third-largest market in the country, with a combined total of $15.6 billion in annual revenue.
But the study notes that many of the firms in the industry have struggled to retain customers amid the recent recession.
According to the report, the average price of an on-demand TV set has increased by about 50 percent over the last decade, and prices for TVs and other on-premises devices have increased by more than 50 percent.
The industry also struggles to keep up with the increasing demands for on-line services and apps, which make up a substantial portion of the market, according the report.
A recent report from the National Retail Federation estimated that by 2035, the industry could be worth $6.6 trillion.
A large number of the big TV repair firms have recently shut down.
In January, AMC Networks, which is owned by Charter Communications, said it would close more than 100 of its on-screen repair and restoration centers.
Last week, Comcast announced it would end the TV repair business at its cable division, which makes and delivers TV sets to Comcast customers.
While the report notes that most of the repair companies have not experienced a downturn in business, it does say that many businesses have been forced to close because of the recession.
A growing number of people, particularly younger ones, have begun to use online services such as Roku to access their TV sets, the report says.
A number of other tech companies, such as Netflix and Amazon, have also closed their on-site repair and restore centers.
The Pew study says that many repair companies do not have sufficient employees to maintain the repair infrastructure and to maintain a staff that can operate efficiently.
The report also notes that the vast majority of on-call staffs have not been adequately compensated for their services, while many are working in a dangerous environment where the safety of their colleagues and customers is at risk.