The latest research report on Consumer Electronic Market
Global consumer electronics market was valued at USD 1190 billion in 2017 and expected to grow at CAGR 6.4% over the forecast period 2019–2026
Global Consumer Electronic Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Consumer Electronic industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Consumer Electronic industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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Consumer electronics (CE) such as smartphones, computers, televisions, gaming consoles, automotive technology, and various other home appliances are designed for daily residential as well as commercial applications including entertainment, communication, and home/office activities. It also includes emerging technology products based on wearables and 3D printers. Increasing middle-class population, changing lifestyle and preferences, and growing inclination toward utilizing keenly intellective electronic devices are some of the factors driving the growth of the global consumer electronics market.
Some of the major key players in the global consumer electronics market are Canon Inc. (Japan), Sony Corporation (Japan), Samsung (South Korea), Koninklijke Philips N.V. (The Netherlands), Apple Inc. (U.S.), LG Electronics Inc. (South Korea), Nikon Corporation (Japan), Panasonic Corporation (Japan), Huawei Technologies Co., Ltd. (China), and Hitachi, Ltd. (Japan).
These players are trying to recognize the needs of the market in developing countries and expanding their strategies to improve business needs.
In January 2018, Panasonic Corporation started its first refrigerator plant in India with an annual production capacity of 500,000 units with an investment of USD 17.76 million
The Consumer Electronic Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Consumer Electronic industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Consumer Electronic market since the past few years.
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By Product Types, Handheld Devices, Televisions, Personal Computers, Cameras, Audio/Video Devices, Gaming Consoles, Personal Care Products, Others, ,
By End Users, Residential, Commercial
The competitive landscape:
The competitive landscape of the Consumer Electronic market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
- Historical inferences, findings & analysis of the Consumer Electronic market from 2016 to 2018
- Projections and performance forecast analysis for the future from 2019 to 2026
- Production and consumption point of view (POV) analysis
- Consumer Electronic Market drivers, restraint and opportunity analysis, to define Consumer Electronic market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Consumer Electronic market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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