Press release
Electronic Products Market Emerging Business Trends and Investment Research Report 2021-2030
The Electronic Products Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The global electronic products market reached a value of nearly $1,191.2 billion in 2020, having increased at a compound annual growth rate (CAGR) of 5.4% since 2015. The market is expected to increase from $1,191.2 billion in 2020 to $1,653.2 billion in 2025 at a rate of 6.8%. The increase is mainly due to the lockdown increasing demand for various electronic products as employees and students have switched to the online mode. The market is expected to grow from $1,653.2 billion in 2025 to $2,169.6 in 2030 at a CAGR of 5.6%.”
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Top Leading Companies of Electronic Products Market are - Samsung Electronics Co. Ltd., Intel, Taiwan Semiconductor Mfg. Co. Ltd., SK Hynix Inc., Micron Technology Inc. and others.
The Electronic Products Market is segmented by Type and Application as follows:
1) By Type: Audio And Video Equipment, Semiconductor And Other Electronic Components
2) By End-Use: Business To Business (B2B), Business To Customer (B2C)
3) By Sales Channel: OEM, Aftermarket
4) By Mode Of Sale: Offline, Online
The electronic products market is fairly fragmented, with a large number of small players. The top ten competitors in the market made up to 32.69% of the total market in 2020. Major players in the market include Samsung Electronics Co ltd, Intel Corporation, Taiwan Semiconductor Mfg. Co ltd, Micron Technology Inc and SK Hynix Inc.
The top opportunities in the electronic products market segmented by type will arise in the semiconductor and other electronic components segment, which will gain $429.6 billion of global annual sales by 2025. The top opportunities in the electronic products market segmented by end-use will arise in the B2B segment, which will gain $421.1 billion of global annual sales by 2025. The top opportunities in the electronic products market segmented by sales channel will arise in the OEM segment, which will gain $409.3 billion of global annual sales by 2025. The top opportunities in the electronic products market segmented by mode of sale will arise in the offline segment, which will gain $364.7 billion of global annual sales by 2025. The electronic products market size will gain the most in China at $166.3 billion.
Asia-Pacific was the largest region in the global electronic products market, accounting for 49.4% of the total in 2020. It was followed by the North America, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the electronic products market will be Asia-Pacific and Middle East, where growth will be at CAGRs of 7.7% and 7.5% respectively. These will be followed by Eastern Europe and South America, where the markets are expected to register CAGRs of 7.2% and 6.9% respectively.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Electronic Products Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Electronic Products Market (%),2016 - 2030
- Electronic Products Market Share, By Brand
- Electronic Products Market Share, By Company
- Electronic Products Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Electronic Products Market Value Analysis & Forecast
- Promising Electronic Products Development by Major Companies
- Detailed Electronic Products Portfolio of the Major Companies
- Major Deals in the Electronic Products Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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