What’s Driving the Consumer Electronics Market Trends? | Electrolux, Best Buy, Bose Corporation, Canon, Inc., Dell, Fujitsu Global, Gionee, Haier, Huawei Technologies, Sennheiser, Sonos, Inc., ZTE Corporation
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Rapid fall in mobile data rates coupled with the integration of cutting-edge features such as powerful imaging systems, high resolution displays and fingerprint scanners in smartphones is anticipated to catapult the consumer electronics market growth. The smartphone industry is currently witnessing a gradual decline in prices resulting in increasing number of users worldwide. Rising disposable income of the middle-class population across the emerging economies is providing significant growth opportunities to the consumer electronics market growth.
The Major Key Players in the Consumer Electronics Market are as follows:
• Best Buy
• Bose Corporation
• Canon, Inc.
• FUJIFILM Holdings America Corporation
• Fujitsu Global
• Hewlett Packard Enterprise
• Huawei Technologies
• Sharp Electronics Corporation USA
• Sonos, Inc.
• Whirlpool Corporation
• ZTE Corporation
Some Points From Table Of Content: -
Chapter 3. Consumer Electronics Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
22.214.171.124. Direct selling
126.96.36.199. Independent authorized distributors and resellers
188.8.131.52. Online channel
3.3.2. Vendor matrix
3.4. Technological and innovation landscape
3.4.1. Household equipment
184.108.40.206. NFC technology
3.4.2. Advanced compressor technologies
3.4.3. Connected appliances
3.4.4. Audio and video equipment
220.127.116.11. Advanced battery technology in smartphones
18.104.22.168. Wireless charging
3.5. Regulatory landscape
22.214.171.124. Consumer Product Safety Act
126.96.36.199. Federal Hazardous Substances Act (FHSA)
188.8.131.52. EMC Directive
184.108.40.206. Eco-design Directive
220.127.116.11. EU 517/2014
18.104.22.168. Electricity act of 1994
22.214.171.124. Waste Electrical and Electronic Equipment Directive (2002/96/EC)
126.96.36.199. The Federal Law 'On Personal Data' No. 152-FZ
188.8.131.52. Information Protection Act No. 149
184.108.40.206. Regulation No. 781
220.127.116.11. Rules of sale of goods by remote method, No. 612
18.104.22.168. Protection of rights of consumers, No. 2300-1
3.6. Industry impact forces
3.6.1. Growth drivers
22.214.171.124. Audio and video equipment
126.96.36.199.1. Technological advancements in earphones & headphones market
188.8.131.52.2. Increasing demand for larger size TVs with advanced technologies
184.108.40.206.3. Rising purchasing power
220.127.116.11.4. Growing demand for smartphones
18.104.22.168. Household appliances/equipment
22.214.171.124.1. Energy efficiency measures in North America
126.96.36.199.2. Replacement of obsolete products and government initiatives in Europe
188.8.131.52.3. Need for modernized appliances in Asia Pacific
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Rapid industrialization, technological advancements and reducing prices of the air conditioner technology is anticipated to spur the demand for room air conditioners. Split air conditioners will witness a significant demand due to the ease of installation, higher energy efficiency and varying building infrastructures. Growing demand for energy efficient appliances followed by the increasing requirement for replacement of older electric household appliances is expected to have a positive impact on the consumer electronics market growth.
Increasing prominence of advanced and wireless technologies is expected to drive the personal consumer electronics market segment growth. Emerging trend of smart and IoT connected devices, such as smart refrigerators and TVs, having remote, app-based control and sensing capabilities is causing an increasing number of consumers to replace traditional equipment with smart devices. Globalization and fast industrialization in the Asian economies such as China, India and Japan help in increasing the income level of working class, further contributing to the industry growth.
North America consumer electronics market is anticipated to witness substantial growth during the forecast timeframe owing to large-scale technological advancements. The region is fast adopter and developer of new technologies such as 5G technology for smartphone users. Consumer spending on high-end electronics in the region is due to the high disposable income and low consumer debt, allowing an increasing number of consumers to incorporate these technologies as a part of their daily lives.
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Consumer Electronics in Japan
Summary Consumer electronics saw annual retail volume decline throughout the review period. This was linked to consumers’ economic uncertainty, population decline and an ongoing shift towards smartphones as an all-in-one device. Smartphones are increasingly used to go online, communicate, play media, capture images and read e-books, with many consumers thus ceasing to buy a wide range of consumer electronics. 2016 however saw the softest retail volume decline of the review period,
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Summary After five consecutive years of volume sales decline, French consumer electronics grew again in both volume and value terms in 2016. OLED TVs and smart wearables were the fastest-growing areas of the market. Compared to previous years, the market’s overall average price level was up as a result of the euro exchange rate and consumers switching to premium for some equipment. Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=691374&ptitle=Consumer+Electronics+in+France&req=Sample Euromonitor International’s Consumer Electronics in France
Consumer Electronics in Russia
Summary After the collapse of retail volume sales of consumer electronics in 2015, the negative trend continued in 2016. Although prices of oil were partly restored, business investments and the real income of Russians continued to decline, making a fast recovery of Russia’s economy questionable. As a result, consumers in Russia became very cautious when making their purchasing decisions. Despite the strong overall decline in retail volume sales, the performances of
Consumer Health in France
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Consumer Electronics in Argentina
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