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Consumer Electronics Market Trends Growth Forecast Research 2017-2024


Request Sample of Report @ Major household appliances segment in the consumer electronics market is growing owing to the rising disposable income of individuals across various regions. Improving living standards and proliferating number of households followed by the rising requirements for the replacement of older electric household appliances is fueling the growth of major household appliances. The growing demand for energy efficiency contributes to the growth of advanced refrigerators. – PowerPoint PPT presentation

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Title: Consumer Electronics Market Trends Growth Forecast Research 2017-2024

Consumer Electronics Market Growth 2018
Industry Research Report by 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Consumer Electronics Market
  • Asia Pacific is touted to be one of the largest
    markets for consumer electronics, driven by the
    extensive changes in macroeconomics, such as the
    expanding middle class population, rising
    disposable incomes, changing demographic
    patterns, and rapid urbanization trends.
  • The substantial surge in household incomes has
    had a direct relationship with the spending on
    electronics items, in turn stimulating the sales
    of consumer electronics products including the
    likes of tablets, smartphones, home appliances,
    and other wearable electronics. As per reliable
    statistics, by 2020, Asia Pacific is expected to
    witness 903 million TV households, an upsurge of
    100 million than that recorded in 2014.
  • Companies are now focusing on constant
    productivity improvements in several product
    costs as well as structural costs owing to the
    competitive cost structures. Manufacturers are
    also relying on collaborations and acquisitions
    to gain a larger industry share.

  • It has been further anticipated that the TV
    households will have an average of 1.21 TV sets
    per home, significantly leading to more than 1.3
    billion sets across the Asia Pacific belt by
    2020. It is also prudent to mention that India
    accounted for a household refrigerator washing
    machine user rate of 31 and 10 respectively in
    2013. China is another major region standing as a
    major contributor toward global consumer
    electronics industry share. Chinas urbanization
    drive and rising focus on living a high-quality
    life have been the prominent factors fueling
    regional consumer electronics market trends.
  • A data bearing testimony to the aforesaid fact
    Chinas household electric appliances sales
    reached 1,284 billion yuan in 2013, up from about
    715 billion yuan in 2009. Yet another factor to
    have propelled China consumer electronics
    industry space is the region being host to
    renowned industry players including the likes of
    Midea group and Gree Electric, which are regarded
    as two of the top pioneers in consumer
    electronics industry space.

Global Audio Video Equipment Market, By Region,
2016 2024 (Million Units)


Browse Full Market Research Report On Consumer
Electronics Market _at_ http//
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  • Automation and digitization trends have been a
    game changer for practically every business
    sector, consumer electronics industry bagging the
    top position in the transformation queue. In
    fact, it wouldnt be wrong to mention that with
    these hi-tech features, the product spectrum of
    consumer electronics market has revolutionized.
  • The industry, over the recent years, has seen a
    slew of new product launches that runs a gamut
    from hard-drive equipped TVs to networked home
    appliances including next-generation
    refrigerators and washing machines, credits the
    increasing technology appetite along with the
    smart trends that have indeed led to a paradigm
    shift in the consumer behavioral pattern,
    impacting the consumer electronics industry
    dynamics. Not to mention, with anticipation of
    smart notion chiefly characterizing this
    business fraternity, the consumer electronics
    industry players are overt to witness a plethora
    of opportunities in the coming years. The global
    consumer electronics market, as per industry
    analysts, stood at USD 1100 billion in 2016.

Industry Coverage

  • Speaking of the competitive trends in consumer
    electronics market space, the industry is
    dynamically charged with participation of
    globally preeminent magnates such as Apple Inc.,
    Samsung Electronics, Sony Corporation, Nikon,
    Bose, GoPro, and Sennheiser. Amidst a backdrop
    where technological advancements are being
    referred to as the top most success quotient
    underlining the sales of these products, these
    players are vigorously expanding their product
    pallets in sync with the latest smart trends.
  • The industry is further anticipated to witness an
    interesting change of events with the integration
    of AI and IOT in the product spectrum. What
    remains to be seen is how these smart
    interventions would mold the competitive
    hierarchy of consumer electronics market in the
    coming years. All in all, in terms of
    remuneration, global consumer electronics market
    is estimated to surpass USD 1500 billion by 2024.

Market research reports Key analytical components

Market Insight Coverage

Table of Contents (ToC)
  • Chapter 1. Methodology Scope
  • 1.1. Methodology
  • 1.1.1. Initial data exploration
  • 1.1.2. Statistical model and forecast
  • 1.1.3. Industry insights and validation
  • 1.1.4. Scope, definition, and research parameters
  • 1.2. Data Sources
  • 1.2.1. Primary
  • 1.2.2. Secondary
  • Chapter 2. Executive Summary
  • 2.1. Consumer electronics industry 360ยบ
    synopsis, 2013 - 2024
  • 2.1.1. Business trends
  • 2.1.2. Regional trends
  • 2.1.3. Product trends
  • 2.1.4. Application trends

  • Chapter 3. Industry Insights
  • 3.1. Industry segmentation
  • 3.2. Industry landscape, 2013 - 2024
  • 3.3. Industry ecosystem analysis
  • 3.3.1. Distribution channel analysis
  • Direct selling
  • Independent authorized distributors
    and resellers
  • Online channel
  • 3.3.2. Vendor matrix
  • 3.4. Technological and innovation landscape
  • 3.4.1. Household equipment
  • NFC technology
  • 3.4.2. Advanced compressor technologies
  • 3.4.3. Connected appliances
  • 3.4.4. Audio and video equipment
  • Advanced battery technology in
  • Wireless charging

  • 3.5. Regulatory landscape
  • 3.5.1. U.S.
  • Consumer Product Safety Act
  • Federal Hazardous Substances Act
  • 3.5.2. EU
  • EMC Directive
  • Eco-design Directive
  • EU 517/2014
  • 3.5.3. China
  • Electricity act of 1994
  • Waste Electrical and Electronic
    Equipment Directive (2002/96/EC)
  • 3.5.4. Russia
  • The Federal Law 'On Personal Data'
    No. 152-FZ
  • Information Protection Act No. 149
  • Regulation No. 781
  • Rules of sale of goods by remote
    method, No. 612
  • Protection of rights of consumers,
    No. 2300-1
  • 3.6. Industry impact forces

  • 3.6.1. Growth drivers
  • Audio and video equipment
  • Technological advancements in
    earphones headphones market
  • Increasing demand for larger size
    TVs with advanced technologies
  • Rising purchasing power
  • Growing demand for smartphones
  • Household appliances/equipment
  • Energy efficiency measures in North
  • Replacement of obsolete products
    and government initiatives in Europe
  • Need for modernized appliances in
    Asia Pacific
  • 3.6.2. Industry pitfalls and challenges
  • High unemployment rates hamper
    household appliances growth across several
  • Unorganized sector is challenging
    consumer electronics market
  • Decreasing demand for digital cameras
  • Declining demand for laptops

  • 3.7. Growth potential analysis
  • 3.8. Porters analysis
  • 3.9. Company market share analysis, 2016
  • 3.9.1. Smartphones
  • 3.9.2. Laptop
  • 3.9.3. TV
  • 3.9.4. Speaker
  • 3.9.5. Earphones headphones
  • 3.9.6. Household electronics
  • 3.9.7. Digital camera
  • 3.9.8. Digital camcorder
  • 3.9.9. Strategy dashboard (new product
    development, MA, RD)
  • 3.10. PESTEL analysis
  • Browse Full TOC of This Report _at_

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