Press release
Consumer Electronics Market SWOT Analysis to 2024 Lead by Electrolux, Canon, Inc., Fujitsu, GE, Gionee, Google, GoPro, Haier, Hitachi, Huawei Technologies, Philips, Logitech, LG Electronics, Nikon, OnePlus, Bosch, Sennheiser, Sonos, Inc., Siemens, Sony, T
Consumer Electronics Market
Speaking of the competitive trends in consumer electronics market space, the industry is dynamically charged with participation of globally preeminent magnates such as Electrolux, Bose Corporation, Canon, Inc., Fujitsu, GE, Gionee, Google, GoPro, Haier, Hitachi, Hewlett Packard Enterprise, Huawei Technologies, Philips, Logitech, LG Electronics, Microsoft, MSI - Micro-Star International Co., Ltd., Nikon, Olympus Corporation of the Americas, OnePlus, Bosch, Samsung Electronics, Sennheiser, Sonos, Inc., Siemens, Sony, Toshiba, ZTE Corporation. 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.
Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2383
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.
The audio and video equipment in the consumer electronics market are attributed to the development of new technologies such as 4K, 8K, and higher resolution systems. With an increasing number of video content and broadcasting companies such as Netflix and Amazon Prime developing 4K content, the movement towards ultra-high definition systems is anticipated to be very high.
Additionally, the prices of these systems are declining at a very rapid rate. 4K TV prices experienced a decline from approximately USD 8,000 to USD 1,250 from 2012 to 2015 and will continue to do so in the following years positively impacting the market demand across the globe.
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2383
The professional consumer electronics market segment is projected to exhibit a higher growth during the forecast timeframe as compared to the personal segment. The growth of the media and entertainment industry, mainly in Latin America and the Asia Pacific region, is aiding in the growth of the industry as there is a higher demand for professional audio and visual equipment from consumers and media and entertainment players. An increasing number of government agencies are focusing on the development of audio electronic systems such as noise cancelling headsets.
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.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/consumer-electronics-market
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.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Consumer Electronics Market SWOT Analysis to 2024 Lead by Electrolux, Canon, Inc., Fujitsu, GE, Gionee, Google, GoPro, Haier, Hitachi, Huawei Technologies, Philips, Logitech, LG Electronics, Nikon, OnePlus, Bosch, Sennheiser, Sonos, Inc., Siemens, Sony, T here
News-ID: 1516051 • Views: …
More Releases from Electronics and Media Industry
Private LTE Market to Reach 11 Billion USD by 2024| By Key Vendors: Nokia, Qualc …
North America private LTE market is estimated to hold the largest market share of over 40% by 2024 due to the growing need for high-speed and low latency network for mission-critical communications and industrial IoT applications. For instance, in June 2017, Redline and Future Technologiespartnered to offer Redline’s mobile LTE product line to the military customers of Future Technologies. Under the partnership, both the companies executed their commercial LTE pilot…
What will be the Advancements in Molded Interconnect Devices Market Detail Analy …
The Molded Interconnect Devices Market is projected to witness a strong growth across consumer device applications owing to the ability of the devices to integrate numerous electrical and mechanical functions, reduce circuit density, and facilitate miniaturization of the products. The devices require fewer auxiliary components, thereby saving considerable costs and driving the industry growth. Low failure ratio and high reliability of these devices can be attributed to the existence of…
New Trends and Advancements In The Semiconductor Memory Market | Intel, Toshiba, …
Semiconductor Memory Market is anticipated to reach USD 730 billion by 2024. Rapidly increasing implementation of IoT technologies across all industry verticals is a major factor supporting the development of semiconductor memory market. The technical innovations pose a high demand for components such as sensors, microcontrollers, stroage, and connectivity solutions. As a result, the storage capabilities are evolving to address the high requirements of IoT-based products.
Get Sample Copy of This…
Smart Speaker Market Set for Huge Growth in the Near Future - Alibaba Group, Ama …
Smart Speaker Market is set to exceed USD 30 billion by 2024. The smart speaker market is expected to witness a surging demand due to the increasing demand for personalization. The majority of early adopters of these devices are affluent, educated millennials. However, the devices are gaining traction among other demographic groups such as young gen X and children. These devices allow a high degree of personalization that appeals to…
More Releases for Consumer
Consumer To Consumer E-Commerce Market - Major Technology Giants in Buzz Again
Archive Market Research Released the latest study on Global Consumer To Consumer E-Commerce Market Growth Outlook 2024-2032 provides an opportunity to better understand details about fundamental restructuring and growth prognosis in Online Apparel Market. This study offers current relevant facts and correlations and elaborates long-term, sustainable strategic and operative suggestions taken up by leading and emerging manufacturers. The sector faces an unprecedented change with regard to the far-reaching effects that…
Analysis of Taiwanese Consumer Buying Behavior towards Fast-moving Consumer Good …
A report added to the rich database of Qurate Business Intelligence, titled “Fast-moving Consumer Goods Market – Global Industry Analysis and Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data…
Taiwanese Consumer Buying Behavior towards Fast moving Consumer Goods and Smart …
According to the survey conducted by MIC, the number of Taiwanese consumers preferring both physical & online shopping and online shopping-only is increasing; the number of consumers preferring to shop only at physical stores, however, is declining, indicating that online retail platforms have become an important channel for consumers when they want to make purchases. This report provides an analysis of Taiwanese consumers & buying behavior towards fast-moving consumer…
Consumer Health Market 2019 by Clinical Review and Key Player Analysis-Consumer …
Global Consumer Health Market 2018 Industry study report is an in-depth and deep research on the present condition of the Consumer Health industry in the global market. Furthermore, this report presents a detailed overview, cost structure, size, revenue, growth, share, dynamics, competitive analysis, manufacturers and global business strategy & statistics analysis. This report is segmented on basis of product type, end-user, application and geographical regions.
Get Sample Copy of this Report…
Dog Shoes Market Report 2018: Segmentation by Product (Nylon, Rubber, Leather, P …
Global Dog Shoes market research report provides company profile for Ultra Paws, Pet Life, WALKABOUT, Neo-Paws, DOGO, FouFou Dog, Ruffwear, Pawz, Muttluks, RC Pets and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…
Digital Commerce Platform Market Analysis by Business Model ( Business to consum …
ALBANY, NY, March 6, 2017 : ResearchMoz presents professional and in-depth study of "Digital Commerce Platform Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024".
This report intends to provide a comprehensive strategic analysis of the global digital commerce platform market along with revenue and growth forecasts for the period from 2014 to 2024. With advancements in digital commerce platforms and rising demand for Internet based…
