Consumer Electronics Market by Product Type (Audio & Video Equipment, Digital Photo Equipment, Consumer Electronics Devices), by Application (Personal, Professional), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2020 to 2027

Consumer Electronics Market - Global Industry Analysis and Forecast 2020 to 2027

Consumer Electronics Market: Summary

The Global Consumer Electronics Market is projected to reach a value of over USD 1,230.2 billion by 2027 at a CAGR of around 7.1%.

The consumer electronics refers to the electronic equipment, which includes television sets, MP3 players, video recorders, DVD players, radio receivers, and various other products. Also, it is one of the most commonly used form of computing, electronic and communication devices.  Whereas, it is become of the important part of consumer daily life style in the past decade. The consumer electronic includes software which is being used on personal computer in conjunction with the electronic devices.

Hence, it includes a large set of electronic devices which provides one or more functionalities in home as well as for the individuals. Also, it can incorporate in smartphones and computing devices which helps the individual to enhance its services outdoor with the cell phone or a tablet PC.

Consumer Electronics Market

Consumer Electronics Market: Drivers & Restraints

Market Driver:

  • Increasing Growth in Digital Platform

With the increasing growth in digital platforms is witness to boost the growth of the market in the projected period. Whereas, it helps to boost and develop the customer experience as well as enhance the business perspectives for the company growth. Also, it used to enhance the performance, sales and marketing activities, and improve effective for the back office by reducing the cost of ownership. However, the technological digitalization lead to create the digital platform in various areas of the applications.

Hence, with the deployment of advance technologies in the consumer electronic which includes wearable and home entertainment systems, helps the user to get an experience a complete digital framework. Also, it allows the manufactures to track, build and analyze performance and production, which helps the industries to escalates its delivery and services of the real world counterparts. These is anticipated to boost the growth of the market in the projected period.

Market Restraints:

  • Ongoing Covid-19 Pandemic

One of the major key concern of the consumer electronics market is the ongoing Covid-19 Pandemics which may restraining factor for the growth of the market. Whereas, various factors including disruptions in restrictions on trade, supply chain & logistics as well as shortage of raw materials has create a hamper the production capacity  for the consumer electronics manufacturers. Also it create a wide range of impact on the sales of consumer’s electronics and for the business growth.

Hence, the companies such as Apple, LG and Samsung has suspended their production in different countries which includes India, China and Malaysia to follow the government regulations and contain virus spread. These may lead to create a challenges factor for the market growth in the current environments.

Consumer Electronics Market: Key Segments

  • Segmentation based on Product Type: Audio & Video Equipment, Digital Photo Equipment, Smart Home Devices and Wearable Electronic Devices.
  • Segmentation based on Application: Personal and Professional.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Consumer Electronics Market: Report Scope

The report on the consumer electronics market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Product Type, Application, End-User and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Microsoft (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • IBM Corporation
  • Panasonic Corporation
  • Fujitsu Ltd
  • Dell
  • Hewlett Packard Enterprise Development LP
  • Apple Inc.
  • Foxconn Technology Co Ltd
  • SAMSUNG
  • Sony Corp
  • Other Key Companies
    • Lenovo
    • HCL Technologies Limited
    • Nokia
    • General Electric Company
    • LG Electronics Inc.
    • Google
    • Acer Inc.
    • Canon Inc.
    • Toshiba Corp
    • Oracle
    • Nikon Corp
    • Koninklijke Philips N.V.
    • Hitachi, Ltd.
    • Whirlpool Corporation
    • Midea Group Co Ltd

Consumer Electronics Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Consumer Electronics Market, by Product Type

  • Audio & Video Equipment
  • Digital Photo Equipment
  • Consumer Electronics Devices
  • Smart Home Devices
  • Wearable Electronic Devices

Consumer Electronics Market, by Application

  • Personal
  • Professional

Consumer Electronics Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Consumer Electronics Market  Providers
  • Consumer Electronics Market  Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Consumer Electronics Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE CONSUMER ELECTRONICS MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Adoption of Smart Devices
      2. Increasing Growth in Digital Platform
      3. Growing Usage of Internet Connectivity
    3. Restraint
      1. High Availability of Spurious Products
    4. Opportunities
      1. Rising Urbanization and Evolving Consumer Lifestyle
      2. Growing Adoption of Internet of Things (IoT)
    5. Challenges
      1. Ongoing Covid-19 Pandemic
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  2. GLOBAL CONSUMER ELECTRONICS MARKET BY PRODUCT TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Audio & Video Equipment
    3. Digital Photo Equipment
    4. Smart Home Devices
    5. Wearable Electronic Devices
  3. GLOBAL CONSUMER ELECTRONICS MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Personal
    3. Professional
  4. GLOBAL CONSUMER ELECTRONICS MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  5. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  6. COMPANY PROFILES
    1. Microsoft
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. IBM Corporation
    3. Panasonic Corporation
    4. Fujitsu Ltd
    5. Dell
    6. Hewlett Packard Enterprise Development LP
    7. Apple Inc.
    8. Foxconn Technology Co Ltd
    9. SAMSUNG
    10. Sony Corp
    11. Other Key Companies
      1. Lenovo
      2. HCL Technologies Limited
      3. Nokia
      4. General Electric Company
      5. LG Electronics Inc.
      6. Google
      7. Acer Inc.
      8. Canon Inc.
      9. Toshiba Corp
      10. Oracle
      11. Nikon Corp
      12. Koninklijke Philips N.V.
      13. Hitachi, Ltd.
      14. Whirlpool Corporation
      15. Midea Group Co Ltd
  7. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 0104

Published : August, 2020


LET’S GET STARTED

Ready To Make a Real Change?