1. Market Research
  2. > Consumer Electronics

Consumer Electronics Market: Breakthroughs That Will Shape the Future

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
51 votes

Global Consumer Electronics Industry

The world consumer electronics market is expected to see yearly growth of 7% between 2012 and 2015, according to RNCOS. The 3D TV will be the fastest-growing segment, with TV makers adding a 3D feature to their high-definition flat screen products more systematically.

World consumer electronics sales are predicted to record 10% growth in 2011, reaching almost $965 billion, compared with 13% in 2010 when sales reached close to $875 billion, reports the Consumer Electronics Association.

Consumer Electronics Key Market Categories

The global consumer electronics industry involves the manufacture, distribution and sale of communications and entertainment devices such as digital and video cameras, telephones, stereos MP3 players, DVDs, VCRs, calculators and televisions. A great deal of manufacturing takes place in regions were labor costs are relatively low such as Asia. Company profiles are varied, ranging from large multinational firms employing more than 100,000 workers to small firms producing one product, with less than 50 employees. A major challenge faced by consumer electronics manufacturers of all sizes is securing copyright to products.

The global home audio equipment market is expected to generate revenue of over $20 billion by 2015, reports Global Industry Analysts. The market is fuelled by technological advances, innovative products and demand for top-quality new generation audio technologies. Market expansion is particularly rapid in Asia-Pacific, the Middle East and Latin America due to rising disposable income and a huge degree of urbanization.

The world TV and video market industry expanded by more than 6% in 2010 to reach almost $192 billion, according to MarketLine. The market is expected to exceed $270 billion in 2015, showing over 40% growth in five years. TV represents the largest market share at almost 86% of the overall market. Asia-Pacific holds over 35% of the market in terms of value.

Flat panel display (FPD) demand is predicted to rebound from its recession lows to reach almost $103 billion by 2015, reports Global Industry Analysts. Greater purchasing power, recovering employment rates, rising disposable incomes and increasing (FPD) functions will continue to drive demand.

The world games software market is expected to reach almost $54 billion in 2014, according to MarketLine. Console games represent almost 90% of the overall market and in regional market terms, the Americas represent 43% of the overall market. Consolidation is a major factor in the industry, allowing games software sellers to snap up greater market share. Leading products include Xbox One, Playstation 4 and the Nintendo Wii U.

The global home entertainment software market generated sales of almost $30 billion in 2010, reports MarketLine. Console software leads the market, reaching close to $23 billion in 2010, or over 77% of the overall market. Market growth is expected to slow to less than 4.5% yearly through 2015, remaining under $34 billion. Digital entertainment content demand is fuelled by a shift to online and mobile platforms, with homeowners watching TV and videos on-demand, play games and store music and movie collections with access from within the home and outside.

Consumer Electronics Regional Market Share

US consumer electronics sales are expected to grow by 15% in 2011, according to the Consumer Electronics Association. It is predicted Western Europe will see almost 25% growth, China 15%, Asia 12%, South America 10%, Africa 7%, Eastern Europe 5% and the Middle East 4%.

The US is the leading market region in the world consumer electronics industry, followed by China, reports RNCOS. More than 65% of US homes had a HDTV in 2010. Digital TV penetration in China and India is set to break the 50% threshold by 2015.

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 7 500 reports

Global Consumer Electronics Industry - Forecast

  • September 2016
    44 pages
  • Flat Panel Disp...  

    Display  

    Display Technol...  

  • China  

    World  

View report >

Consumer Electronics Industry in Japan

  • December 2015
    5 pages
  • Consumer Electr...  

  • Japan  

    Asia  

View report >

Consumer Electronics Industry in the UK - Forecast

  • August 2016
    11 pages
  • Consumer Electr...  

  • United Kingdom  

    Europe  

View report >

Consumer Electronics Markets in Canada

  • July 2015
    8 pages
  • Consumer Electr...  

  • Canada  

    North America  

View report >

Consumer Electronics Markets in India

  • April 2015
    7 pages
  • Consumer Electr...  

  • India  

View report >

The future of the Consumer Electronics Industry in China

  • October 2015
    9 pages
  • Consumer Electr...  

    Home Appliance  

    Retail  

  • China  

    Asia  

    World  

View report >

Consumer Electronics Industry in Taiwan

  • March 2016
    52 pages
  • Taiwan  

    China  

View report >

Consumer Electronics Industry in New Zealand

  • May 2015
    12 pages
  • Consumer Electr...  

  • New Zealand  

View report >


About 8 200 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 25 - $ 8 600)

E-retail in the UK 2016

E-retail in the UK 2016

  • $ 8 600
  • Industry report
  • July 2016
  • by Verdict Retail

Summary Online growth from 2016 to 2021 is forecast at 42%, driven by the high growth of the Clothing and footwear sector's growth of 71.9%, this sector continues to dominate the online channel aided by ...

The Western Europe Telecoms Market: Trends And Forecast ...

September 2016 $ 7 999

The Central And Eastern Europe Telecoms Market: Trends ...

September 2016 $ 7 999

The Central And Eastern Europe Telecoms Market: Trends ...

September 2016 $ 7 999

The Communication Services In Western Europe: Trends An ...

August 2016 $ 7 999

The Communication Services In Sub-saharan Africa: Trend ...

August 2016 $ 7 999

The Middle East And North Africa Telecoms Market: Trend ...

August 2016 $ 7 999

Silicon Anode Battery Market By Type, Capacity, Applica ...

August 2016 $ 6 306

Roll-to-roll Printing Market For Flexible Devices By Ma ...

August 2016 $ 6 306

Touchscreen Controller Market By Technology, Interface, ...

September 2016 $ 5 650

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.