openPR Logo
Press release

Electronic Equipment Repair Service Market : Influential Factors Determining the Trajectory of the Market.

01-08-2018 07:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Electronic Equipment Repair Service Market : Influential

The global electronic equipment repair service market is currently being driven by the large number of innovative electronics equipment reaching the commercial markets. This is propelling the demand for electronic equipment repair services from both companies and single point service individuals across the world. Furthermore, the global demand for refurbished electronics products is growing at a fast rate due to consumers from developing economies where price is a greater concern than other aspects.

The wide scope of the global electronic equipment repair service market in refurbishing electronics is anticipated to push it further. Developing economies, especially the ones from Asia Pacific, are showing a phenomenal rate of growth in consumption of electronic devices.

The global electronic equipment repair service market is, however, being restricted by the negative reaction of consumers to poor quality or repairs or the use of duplicate spare parts, along with an overall shift in consumer behavior towards buying new electronic equipment rather than repairing older ones.

Browse the Report @

The global electronic equipment repair service market is expected to reach US$147.24 bn by 2024. The market is anticipated to expand at a CAGR of 8.5% during the period from 2016 to 2024. By the end of 2016, this market’s revenue is expected to reach US$76.7 bn.

Europe Dominates in Global Demand for Electronic Equipment Repair Services

Request Sample @

Geographically speaking, the global electronic equipment repair service market was led by Europe in 2015, when the region held a share of nearly 30% in the market’s revenue. The growing focus by government bodies through regulatory guidance for the promotion of better e-waste management processes has amplified the electronic equipment repairing and recycling activities here.

North America was second in terms of overall demand volume in the global electronic equipment repair service market for 2015. Consumer electronics repair held the leading share within the North American market among all applications. Asia Pacific, on the other hand, is projected to expand at a leading CAGR of 8.8% between 2016 and 2024 in the global electronic equipment repair service market, owing to a phenomenal rate of adoption of smart phones and tablets.

Smartphone Repair Bags Top Place Among Consumer Electronics Devices Repair Services

Based on products, the global electronic equipment repair service market can be segmented into consumer electronics repair, computer and related products repair, and a collective minority of other repair types. Consumer electronics repair is further segregated into smartphones, mobile phones, televisions and set-top boxes. Smartphones are highly likely to observe an exceptionally strong growth rate within the global electronic equipment repair service market, primarily due to a growing adoption rate of smartphones in developing economies.

For 2015, the global electronic equipment repair service market was led by players including uBreakiFix, Encompass Supply Chain Solutions Inc., Moduslink Global Solutions, iCracked, Inc., The Cableshoppe, Inc., Mendtronix Inc., Redington Services, B2X Care Solutions GmbH, Electronix Services, and Quest International, Inc.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.


Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

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 Electronic Equipment Repair Service Market : Influential Factors Determining the Trajectory of the Market. here

News-ID: 888663 • Views: 110

More Releases from Transparency Market Research

Craft Spirits Market Advancements, Evolving Industry Trends and Insights 2019 …
The domestic production of liquor, through the process of fermentation and distillation, encompassed the global craft spirits market. They are typically produced in a specified production volume, and the norm is below a standard of 750,000 gallons. Licensed distillers having independent operations with operational control from an alcoholic beverage vendor, and less than 25% capital investment, can produce craft spirits. The global craft spirits market, though at a nascent stage
Hemp Protein Market Popular Trends advancements to Watch Out for Near Future; Gl …
Hemp protein is a plant-based product, extracted from the seeds of the hemp plant, Cannabis sativa L., and is used in some protein supplements and protein-enriched foods. It is confused with the Hemp and marijuana plants which closely related; however, hemp generally refers to varieties that are grown for food and industrial uses. Hemp plants contains very low concentration of the chemicals that give marijuana its psychoactive and intoxicating properties.
Global Silicone Defoamer Market to Reap Excessive Revenues by 2025
Silicone defoamers are chemically inert in nature and act as antifoaming agents in a much effective manner than organic antifoam agents. With these properties, silicone defoamers are commonly used by a number of end use industries including food and beverages, textiles, and pharmaceuticals. This can be attributed to the defects that is caused to the surface coating as a result of foams. When used as cleaners, polish, and detergents, silicone
Iron Oxide Pigments Market to Garner Brimming Revenues by 2025
The players within the global iron oxide pigments market are concentrating their efforts on organic growth strategies. The last few years have seen a heightened demand for these pigments which has resulted in players looking to capitalize on this trend. Many companies are also looking for expansion of their manufacturing facilities. For instance Lanxess has encompassed its milling and mixing plant to its existing pigment plant in Ningbo, China. Get

All 5 Releases

More Releases for Repair

Soft Tissue Repair Market by Type (Tissue Mesh, Laparoscopic Instrument, and Fix …
The global soft tissue repair market was valued at $16,554 million in 2017 and is expected to reach $25,635 million by 2025, at a CAGR of 5.6% during the forecast period. Soft tissues refer to tissues that support, connect, or surround other parts, structures, and organs of the body. These comprise of ligaments, fibrous tissues, tendons, fascia, nerves, fat, blood vessels, and synovial membranes. Get Sample@ Surge in obesity in
Worldwide Current Trend and Future Growth Cardiovascular and Soft Tissue Repair …
Latest Report Available at QY Research Groups Cardiovascular and Soft Tissue Repair Patches Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. Cardiovascular and Soft Tissue Repair Patches Market Report is the detailed insights of current situation of the industry so as to make comprehensive organization and judgment on the competition situation and development trend of Cardiovascular and Soft
Amarc Services Offer Speedy Boiler Repair Services
United Kingdom 05-01-2018. Amarc Services know that a warm and comfortable home is essential at this time of year. This is why it is important that people know where to turn to when problems arise at their property. With this in mind, Amarc Services is pleased to announce a range of boiler repair and heating system services this winter. As we move into 2018, it is essential that homeowners take
USA Drone Repair Announces Drone and GoPro Camera Repair
Today USA Drone Repair announced they have expanded their repair and refurbish services from not only Dji, Parrot and GoPro brands but to a number of additional brands of drones now available in the USA. While there are very few repair centers in the United States, USA Drone Repair is pioneering the repair process by keeping repair costs lower, taking on additional brands and keeping the turnaround times to ten
Ace Appliance Repair
Ace Appliance Repair, an appliance repair service in Pittsburgh, PA, recently partnered with Prospect Genius, an online marketing firm, to assist area homeowners searching for low-priced appliance repairs. Through targeted search engine optimization (SEO) tactics, ACE Appliance repair is making it easier and quicker for local homeowners to locate them when performing Internet searches for appliance repair services and other needs, such as water heater installation. Joe Sazio, owner and founder
etyres launch puncture repair gauge
etyres has launched a puncture repair gauge that helps mototrists whose tyres have been damaged by potholes dodge the cost of expensive replacements. The gauge is available to download and print from the etyres website today. With Britain's roads blighted by a pothole plague following two consecutive harsh winters, motorists are increasingly suffering from punctured tyres.  However, many minor punctures can be repaired for a fraction of the cost of a