openPR Logo
Press release

Consumer Electronics Market Industry Trends, Growth, Size, Share and Forecast 2025

03-26-2020 11:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Consumer Electronics Market

Consumer Electronics Market

The global consumer electronics industry is expected to register considerable growth over the forecast period 2019-2025. Surging demand for products such as televisions, smartphones, and wearable devices is one of the primary driving factors for the global consumer electronic market. Moreover, rising disposable income coupled with increasing adoption of smart devices, technology proliferation, development of semiconductor industry, and increasing penetration of internet of things (IoT) are further fueling the growth of the consumer electronic market. The report analyzes the global consumer electronics market on the basis of product type and geography. Based on product type, the market is classified into smartphones and tablets, desktops, laptops/notebooks, televisions, cameras and camcorders, audio/video devices, gaming consoles and accessories, home appliances, and others. Other product type includes wearable electronics such as smartwatches and virtual reality and augmented reality gears. Smartphones and tablets segment

Get Sample Copy of Consumer Electronics Market at: https://www.omrglobal.com/request-sample/covid-19-impact-on-consumers-electronics-market

Some of the key players of the market include Apple Inc., Canon Inc., GoPro Inc., Hitachi Ltd., Huawei Technologies Co. Ltd., LG Electronics Inc., Nikon Corp., Panasonic Corp., Samsung Electronics Co., Ltd., Sennheiser electronic GmbH & Co. KG, Sony Corp., Toshiba Corp., and several others.

Geographically, the market is analyzed into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to contribute major market share in the global consumer electronic market. Rapid urbanization, increasing disposable income of people, and presence of several key market players such as Samsung, Panasonic, Sony, Huawei, Hitachi, and several others are influencing the market growth of the region. However, industry is facing heavy headwind due to outbreak of COVID-19 across the globe. China has been hit hard by spread of the virus as the country is an epicenter of the COVID-19. Not only China, several major economies including the US, South Korea, Japan, and Italy are also under threat of COVID-19 outbreak and so is their consumer electronic industry. Retail shops and showrooms of major brands, super markets, and hypermarkets have been shut down for a definite period of time affecting sales of various consumer electronics products. For instance, Samsung Electronics America, announced to temporarily close all its US and Canadian store from 19th March 2020.

A full report of Global Consumer Electronics Market is available at: https://www.omrglobal.com/industry-reports/covid-19-impact-on-consumers-electronics-market

Apart from this, COVID-19 has also disrupted the global supply chain of the major consumer electronic brands. China is the largest the largest consumer and producer of various consumer electronics products but also caters to a wide range of countries by exporting several input supplies that are essentially used to produce finished goods. Shut down of the production in China has forced other consumer electronics makers based in the US and Europe to temporarily hold the production of the finished goods. This is leading to the increase in the supply and demand gap. Furthermore, the report profiles several players that are contributing to the global Consumer Electronics industry.

Market Segmentation

Product Type

o Smartphones and Tablets
o Desktops, Laptops/Notebooks
o Televisions
o Cameras and Camcorders
o Audio/Video Devices
o Gaming Consoles and Accessories
o Home Appliances
o Others (Wearable Electronics)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/covid-19-impact-on-consumers-electronics-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.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 Industry Trends, Growth, Size, Share and Forecast 2025 here

News-ID: 1985594 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Electronics

3C Electronics Market May Set New Growth Story| LG ELECTRONICS, PHILIPS ELECTRON …
3C Electronics is an industry that includes the manufacture, sale, and use of electronic items related to computer systems, communication devices, and customer electronics. In this market, products range from smartphones, telecommunications system, and home leisure systems which consist of televisions and sport consoles to private computers, laptops, and capsules. Upcoming technology which includes wearables, clever domestic gadget, and gadgets with IoT competencies are also protected. Get free access to sample
8K Technology for Electronics Market to See Booming Growth Worldwide | Samsung E …
The Latest research study released by HTF MI "8K Technology for Electronics Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this
Printed Electronics Market 2021 Detailed Competitive Outlook by 2029 Samsung Ele …
The research emphasizes elaboration of the Global Printed Electronics market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concepts behind business using methods to assess and analyze the market. It also describes Printed Electronics player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on
Power Electronics Market 2021 Precise Outlook - ABB Ltd., Delta Electronics, Inc …
Global Power Electronics Market Size, Status and Forecast 2021-2025 The Power Electronics market report is the most important research for who looks for complete information on the Power Electronics market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, Power Electronics market
Single Digit 7 Segment Led Displays Market - Evelight Electronics, Fairchild Sem …
The market research report on the Single Digit 7 Segment Led Displays Market is an in-depth report on the all-inclusive prospects of the Single Digit 7 Segment Led Displays Market over the analysis period of 2019 to 2025. Further, the report presents a full understanding of the major dynamics of the Single Digit 7 Segment Led Displays Market such as on-going market trends, opportunities, growth drivers, and barriers. The report
Electronic Transformers Market Analysis Report 2019-2025 | OSRAM, Fujielectric, …
UpMarketResearch offers a latest published report on “Global Electronic Transformers Market Industry Analysis and Forecast 2019-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 116 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Electronic Transformers global status and