Press release
Consumer Electronics Market Opportunities & Prominent Trends 2021-2026
Rapid development of smart homes and smart cities across regions like Latin America and the MEA could massively enhance the business outlook for advanced household devices. Global Market Insights, Inc., estimates that the consumer electronics market could reach USD 1,500 billion by the year 2026.
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With increased affordability, small household appliances are gaining traction among millennial households. Expanding palpability for appliances including, including microwaves, food processors, iron boxes and hair dryers is touted to boost the business outlook.
Trend for audio and video equipment is likely to snowball even further, with gadgets of the future becoming multifunctional. For instance, a TV may be used as a photo frame, while refrigerator will be used to book a taxi. TVs have evolved and will provide a seamless customer experience with exceptional viewing experience, being in line with “smart electronic products.”
Streamlining customer experience will be voice assistants which are incorporated in televisions, refrigerators and other tools. The whole idea of connectivity and consumer electronics market products will hover around IoT, AI and VR, indicating robust growth of audio and video equipment.
Top Key Players Are : AB Electrolux, Apple Inc., Bose Corporation, Canon, Inc., Dell Inc., LG Corporation, Fujifilm Corporation, General Electric, Google, Inc., Haier Corporation, Hitachi, Ltd., Hewlett-Packard Company, Huawei Technologies Co. Ltd., Acer, Inc., Koninklijke Philips N.V. (E & H), ZTE Corporation, Lenovo Inc., Siemens AG Logitech International S.A., LG Corporation, Microsoft Corporation, Oneplus, OPPO, Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sennheiser Electronic, and Sony Corporation.
The U.S. is witnessing a notable spike in connected TVs, refrigerators and smartphones, thereby making the proposition of electronics products highly compelling in North America. Moreover, leading companies in refrigerator portfolio are developing features such as minimal display ice dispenser and recessed handles.
State-of-the-art consumer electronics are slated to gain traction in personal and professional applications. With growing penetration of smart homes and smart office buildings, smart consumer electronics will gain impetus in North America.
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Table Of Content:
Chapter 5. Consumer Electronics Market, By Product
5.1. Key trends by product
5.2. Audio & video equipment (TV, Laptop, Smartphones, Earphones & Headphones, Speakers)
5.2.1. Market estimates and forecast, 2016 – 2026
5.2.2. Market estimates and forecast, by application 2016 – 2026
5.2.3. Personal
5.2.3.1. Market estimates and forecast, 2016 – 2026
5.2.4. Professional
5.2.4.1. Market estimates and forecast, 2016 – 2026
5.3. Major household appliances (Refrigerator, Air Conditioner, Washing Machines)
5.3.1. Market estimates and forecast, 2016 – 2026
5.4. Small household appliances (Iron Box, Microwave Ovens, Food Processors, Electric Kettle)
5.4.1. Market estimates and forecast, 2016 – 2026
5.5. Digital photo equipment (Digital camera & Camcorder)
5.5.1. Market estimates and forecast, 2016 – 2026
5.5.2. Market estimates and forecast, by application 2016 – 2026
5.5.3. Personal
5.5.3.1. Market estimates and forecast, 2016 – 2026
5.5.4. Professional
5.5.4.1. Market estimates and forecast, 2016 – 2026
Chapter 6. Consumer Electronics Market, By Application
6.1. Key trends by application
6.2. Personal
6.2.1. Market estimates and forecast, 2016 - 2026
6.3. Professional
6.3.1. Market estimates and forecast, 2016 - 2026
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/consumer-electronics-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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.
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