The study covers a detailed analysis segmented by key business segments i.e. by type (Televisions, Handheld Devices, Personal Computers, Cameras and Camcorders, Audio/Video Devices, Personal Care Products, Gaming Consoles and Others) , by application (Communications, Entertainment, Office Productivity Sectors and Others) and major geographies. Research Analyst at AMA predicts that Japan Vendors will contribute to the maximum growth of Global Consumer Electronics market throughout the predicted period.
What is Consumer Electronics?
Consumer electronics are refer to electronic devices for everyday use. Consumer electronics comprise communication, entertainment and office productivity devices. Growing inclination towards smart electronic devices, changing lifestyle standard, increasing digitization, urbanization in key countries and increasing demand of wearable technology are the primary factors driving the sales of consumer electronics.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Consumer Electronics market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- HP Inc. (United States)
- Apple Inc. (United States)
- Samsung Electronics Co. Ltd. (South Korea)
- Sony Corporation (Japan)
- LG Electronics Inc. (South Korea)
- Panasonic Corporation (Japan)
- Hitachi Ltd. (Japan)
- Toshiba Corporation. (Japan)
- Canon (Japan)
- Nikon Corporation (Japan)
Market Overview:
Recently in 2018, Samsung acquire Zhilabs and Kngine. And ZKW Group acquired by LG.
Market is fragmented as number of players present in market. In spite, Increasing research and development and technological advancement is expected to grow consumer electronic market in long standing.
Market Trend
Rising Adoption of Wearable Technology and Increasing Demand of Smart Phones
Opportunities
Growing Urbanization in Key Countries
Key highlights of the Global Consumer Electronics market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Consumer Electronics market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Consumer Electronics market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Consumer Electronics Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Consumer Electronics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Consumer Electronics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Supermarket, Retail Sores, Brand Outlets, Discount Stores, Business Entities, Government Bodies, Business Research and consulting Firms and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.