Consumer Electronics - Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Consumer Electronics market is estimated at $1,165.76 billion in 2015 and is expected to reach $1,692.30 billion by 2022 growing at a CAGR of 5.5% from 2015 to 2022. Improving standard of living and increase in disposable incomes are the factors fueling the market growth. Technological convergence is hampering the consumer electronics market. Hand held devices segment which consist of devices like mobile phones and portable play stations accounted the largest market share. Audio/Video segment is expected to grow at highest CAGR during forecast period.
North America accounted for largest share in consumer electronics market owing to technical advancements and Asia Pacific is expected to grow at a highest CAGR during forecast period with India and China as the prominent countries for the market growth.
Some of the key players in the market include Hewlett-Packard Company, Sony Corporation, Canon, Inc., Panasonic Corporation, Koninklijke Philips N.V., Samsung Electronics Co. Ltd., BlackBerry, Dell, Inc., Nikon Corporation, Apple, Inc., LG Corporation, Lenovo, Micromax Mobile, Motorola, Toshiba, Asus and ZTE.
Product Types Covered: Gaming Consoles Personal Computers Televisions Audio/Video Devices Handheld Devices Personal Care Products Cameras and Camcorders
Applications Covered: Commercial Residential
Regions Covered: North America US Canada Mexico Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: Market share assessments for the regional and country level segments Market share analysis of the top industry players Strategic recommendations for the new entrants Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements