Factors contributing to growth include ruggedness, portability, lightweight, and lowcost of production as compared to rigid substrates. Consumer electronics industry report from statista consolidates the most important industry information while highlighting essential and valuable data regarding the status quo and trajectory of the industry with forecasts through the year 2022. Jun 29, 2018 according to the report, global consumer electronics market was valued at around usd 1,172 billion in 2017 and is expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of. Euromonitor international is the leading provider of strategic market research reports. Within technology sector only one industry has achieved higher working capital ratio. Consumer electronics have witnessed increased adoption in the past decade. Global consumer electronics market size, share, trends. For example, the electronics industry as the biggest sector in terms of output. Facility disruptions and recoveries of note company notes sony among the nine facilities originally closed, eight are now partially or fully operational. Consumer electronics sales in 2010 rebounded well and showed little illeffects from the global economic downturn from the previous year. Find industry analysis, statistics, trends, data and forecasts on global consumer electronics manufacturing from ibisworld.
Being one of the most steadfast and persistent industries in the modern world, the consumer and retail industry is touching new. Skp analysis, elcina, department of commerce trade data electronics hardware production in india 23. Consumer electronics are electronic devices that are meant for everyday usage, typically in the communications, entertainment, and office productivity sectors. Growth trends and analysis strategy briefing as part of our consumer electronics market research for december 2011. Get up to speed on any industry with comprehensive intelligence that is easy to read. For years, consumer electronics companies have competed primarily through technology, by cramming ever more features into products in a race to offer consumers the latest and greatest. This industry has seen exciting new developments in recent years and at a rapid pace. The semiconductor applications forecaster from international data corporation. Consumer electronics global overview growth trends and analysis. Pdf an analysis of sources of risk in the consumer electronics. Consumer electronics rebounds from economic downturn global trends. Consumer electronics industry in india research and markets.
Consumer electronic sensors market size, share industry. The global electronics industry is one of the largest industrial sectors in the global economy, generating more revenue than any other goodsproducing sector. India provides a worldwide opportunity for short to mediumterm growth in consumer electronics spending. Appliances and consumer electronics industry expected to double to rs 1. The consumer electronics industry is one that is continually growing and evolving. The industry may witness a large number of collaboration and partnership across the value chain. Minimal penetration rates, as against other upcoming markets. Consumer electronics and home appliances market report offers a professional and indepth study on the current state of the global consumer. Cea standardization activities shall include those associated with the design and manufacture of consumer electronics ce products and related services, ce deviceservice and devicedevice interoperability and transmission signals that may traverse the demarcation points of telecommunications infrastructures. Consumer electronics manufacturing industry overview abstract.
The consumer electronics industry currently relies on batteries for power in devices such as laptop computers, mobile phones and video cameras. Less wellknown than consumer electronics is the semiconductor industry, which is also part of the electronics sector. Industry overview consumer electronics iksc knowledge bridge. While millennials account for 27 percent of the global population or about two. International electronics industry overview according to numerous american business and political leaders, other nations are overtaking the united states in trade competitiveness. Get more details on this report request free sample pdf. The global electronic equipment and inst in 2008, representing a compound ann. These visible products represent a tip of the iceberg situation as a large part of the electronics industry is concerned with the.
Consumer electronics industry in india analysis of growth. Behindthebarcodeelectronicsindustrytrendsreportaustralia. The current trends in the industry especially the expansion in distribution facilities and the altering demographics in the country are making a huge mark on the consumer electronics industry. The value and volume of sales of consumer electronics in the uae is expected to continue to grow on an upward trajectory, with recent forecasts from euromonitor international predicting the total.
Consumer electronics industry in india analysis of. On the trailing twelve months basis current liabilities decreased faster than industrys current assets, this led to improvement in industrys working capital ratio to 2. Consumer electronics market segment, forecast, analysis. Fmcg, retail, consumer goods industry overview, analysis. These visible products represent a tip of the iceberg situation as a large part of the electronics industry is concerned with the manufacture of the component parts of products. Introduction to the electronics industry springerlink.
Global consumer electronics market to hit usd 1,787. The impact of such trends on the consumer electronics industry is. Consumer electronics market size valued at usd 1,100 billion and is expected to register over 3% growth between 2017 and 2024. Comparison of consumer electronics with other equipments 22 electronics. Chapter 5 competitiveness in the international electronics.
Jan 23, 2019 according to the report, global consumer electronics market was valued at around usd 1,172 billion in 2017 and is expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of. Global consumer electronics manufacturing industry data. On the trailing twelve months basis consumer electronics industry s ebitda grew by 3. Members tap into valuable and innovative membersonly resources. After a brief global and domestic overview, it provides more detailed information on production and sales. Consumer electronics market consumer electronics market television, handheld devices, personal computers, cameras and camcorders, audiovideo devices, personal care products, gaming consoles global industry analysis, size, share, growth, trends and forecast 2014 2022. Consumer electronics global industry overview market.
The 2008 showed significant drop in recovery towards 20. Over the forecast period, the consumer electronics landscape will be shaped by rapid innovation through data, shifting market frontiers, shopping reinvented and premiumisation as the industry continues to enjoy robust growth. Innovations and emergence of advanced technologies such as 3g and 4g will drive the demand of smartphones. Global industry overview global industry overview while there are large disparities between sectors and equally large disparities between regions, the global media industry as a whole has been remarkably stable over the past five years. Business outlook global electronics industry tti, inc. Global consumer electronics market to hit usd 1,787 billion. The electronics sector produces electronic equipment for industries and consumer electronics products, such as mobile devices, televisions, and circuit boards. Brands such as nos and fuze are recent success stories helping build cokes portfolio of. Purchase the consumer electronics global industry overview strategy briefing as part of our consumer electronics market research for august 2017. Get more details on this report request free sample pdf the demand for televisions with larger screen sizes integrated with new technologies such as 4k and. In contrast, we assume that the case of the consumer electronics industry can best be understood as an example of a development where the organisation of interests follows a primarily market. Industry overview electronics industry in india 2 source.
Indian appliance and consumer electronics ace market reached rs 2. Consumer electronics market report 2019 analysis by market. The share of consumer electronics in the overall electronics industry in india is likely to reach 28 per cent by fy20 with the value of consumer electronics reaching usd29 billion by fy20. Consumer electronics rebounds from economic downturn. Manufacturing was the sector that grew the fastest. Apr 18, 2019 apr 18, 2019 the expresswire via comtex consumer electronics industry 2019 global market research report presents an indepth analysis of the consumer electronics market size, growth, share. It is expected to increase at a 9 per cent cagr to reach rs 3. Global consumer electronics market expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of slightly above 6.
Growing working population and expanding middle class are the main drivers for the growth of consumer electronics and consumer electronics components industry in india. In the 2010s, most consumer electronics have become based on digital technologies, and have largely merged with the computer industry in what is increasingly referred to as the consumerization of information technology. The consumer electronics manufacturing industry is involved in manufacturing and distribution of electronic items including televisions, telephones, video cameras alarm clocks, stereo items, mp3s, vcrs and dvd players among many other items you will find in an electronics outlet consumer electronics manufacturing industry is a. This dossier presents information about the japanese consumer electronics industry. Official pdf, 40 pages world bank documents world bank group. The consumer electronics industry excludes computers and peripherals, classified in computer. Robust demand drives growth of uae consumer electronics. Feb 05, 2020 less wellknown than consumer electronics is the semiconductor industry, which is also part of the electronics sector. The industry was led by strong sales growth within tablets, ereaders, oled tvs and smartphones, amongst others.
There are several approaches to alternative, more powerful, lighter and longer lasting energy sources, including hybrid fuel cellbattery systems and fuel cells operating in isolation. Cheap labor, easy availability and low cost of raw materials and weak currency are the factors that are driving manufacturing industry. The consumer electronics association cea unites 2,200 companies within the consumer technology industry. Future of consumer durables and electronics in india. Consumer electronics and home appliances market 2019 with. Fluctuating production and the use of temporary and other forms of employment, issues paper for discussion at the global dialogue forum on the adaptability of companies to deal with fluctuating demands and the incidence of temporary and other forms of employment in electronics. Japan and its economy, the effect on the broader consumer electronics and semiconductors industries has been minor. Pdf 626kb for years, consumer electronics companies have competed primarily through technology, by cramming ever more features into products in a race to offer consumers the latest and greatest. The market is expected to register a strong growth of 15. Apr 18, 2019 the expresswire via comtex consumer electronics industry 2019 global market research report presents an indepth analysis of. In 2005, chinas electronic information sector made up 16.
From traditional consumer electronic products such as smartphones, laptops, computers, tablets, and digital cameras, to the more advanced products such as band, chest strap, activity tracker, fitness monitor, pedometer, and wearable electronic devices, the global market for consumer electronics encompasses a wide. To help brands and retailers make sense of it all, we have leveraged our proprietary data assets and industry expertise to track and analyze trends in the consumer electronics market for more than 25 years. Growing import penetration in such industries as automobiles, steel, and electronics including hightechnology products like com. Consumer electronics market global industry analysis, size.
Even in the best of times, many manufacturers struggle to make money. The consumer electronics industry is also typically involved in telecommunication devices such as wireless phones and portable communication devices. With economic uncertainty looming, how can cp executives balance prudent investment strategies with technology initiatives that address the needs of increasingly empowered consumers. Our 2020 consumer products industry outlook explores industry 4. Consumer electronics industry financial strength, leverage. Consumer electronics an overview sciencedirect topics. Delivered bright and early weekday mornings, this email provides a quick overview of top stories and needtoknow news. Consumer electronics market 2019 with top countries data. Consumer electronics market global industry analysis.
The india growth story is set for a major push given the low penetration levels of consumer durables save for the television segment. Consumer electronics manufacturing industry overview wellpcb. Consumer electronics market forecast 2024 global report. Global consumer electronics market will reach usd 1,787. As a result, devices consumers use are changing rapidly, as are their preferences.
Mar 25, 2020 the consumer electronics industry is also typically involved in telecommunication devices such as wireless phones and portable communication devices. The global flexible electronics market is expected to reach usd 87. This report is a valuable source of guidance for companies and individuals offering industry chain structure, business strategies and proposals for new project. A report by corporate catalyst india cci on electronics industry in india aranca research. There is a wide range of products produced by the consumer electronics industry, and these products can be found in just about any room in a persons home. Some consumer electronics stores, have also begun selling office and baby furniture. Flexible electronics market size growth industry forecast. Increasing penetration of smartphones across the globe is expected to drive the market growth.
The most visible products of the electronics industry are consumer goods such as television sets, music reproduction systems and computers. The team invests in and produces groundbreaking beverages that satisfy unmet consumer needs. The consumer electronics industry consists of companies engaged in the manufacturing of home audio and video equipment, such as television sets, vcr and dvd players, home projection equipment, stereo systems, jukeboxes and other related electronics. Sony corporation, aptina imaging, synaptic, bosch, stmicroelectronics, samsung electronics, panasonic corporation, and toshiba corporation dominate global consumer electronic sensors market share. The electronics industry in china grew rapidly after the liberalization of the economy under the national strategic policy of accelerating the informatization of its industrial development.
The impact of such trends on the consumer electronics industry is analyzed in this report consumer electronics industry in india. For updated information, please visit consumer durables. Consumer electronics market2019report offers a professional and indepth study on the current state of the global consumer electronics market along with competitive landscape, consumer electronics market share and revenue forecasts 2025. The india consumer electronics market size was worth usd 32.
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