The global consumer electronics market size is expected to reach around US$ 1.13 trillion by 2030 from US$ 724.48 billion in 2021 and is expected to grow at an impressive double-digit rate of 5.1% from 2022 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global consumer electronics market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
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Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global consumer electronics market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global consumer electronics market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Report Highlights
- Based on the product, the smartphone segment dominated the global consumer electronics market. This is attributed to the increased product acceptance and the introduction of numerous innovative features in the smartphones overtime. The presence of multi-functions in the smartphones has significantly boosted the demand for the smartphones among the consumers for personal as well as professional use.
- Based on the distribution, the online is estimated to be the most opportunistic segment. The surging penetration of the e-commerce, rising access to internet, growing urban population, and rising adoption of smartphones are the major factors that drives the growth of the online distribution segment. According to the ITU, around 4 billion people had access to the internet in 2019 and this number is rapidly growing across the globe.
Market Dynamics
Driver
Growing demand for the home appliances
The demand for the advanced home appliances is growing at a significant rate. The rising consumer expenditure in the modular kitchens and home improvement products is significantly propelling the market growth. Moreover, the easy availability of the desired products through the e-commerce is a major factor that is expected to drive the market growth during the forecast period.
Restraint
Shortages of semiconductors
The globe is currently witnessing a huge shortage of semiconductors. Semiconductors are the major components of almost all the electronic devices across the globe. The huge gap between the demand and supply of the semiconductors may result in the high prices of the semiconductors and also leading to the production cuts of the major manufacturers. Therefore, the shortages of semiconductor across the globe is a major hindering factor.
Opportunity
Introduction of latest technologies
The proliferation of digital technologies has encouraged the integration of the latest technologies such as AI, cloud computing, Wi-Fi, augmented realty, and virtual reality in a wider range of consumer electronics. These advancements are expected to offer huge growth opportunities to the market players.
Challenge
Lack of electrification
There is a lack of electricity in the rural areas of the developing and underdeveloped countries. Therefore, the lack of electrification is restricting the adoption of the advanced consumer electronic products that may hinder the market growth.
Why should you invest in this report?
If you are aiming to enter the global consumer electronics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for consumer electronics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global consumer electronics market include:
- Apple Inc.
- Canon Inc.
- Dell Inc.
- Samsung Electronics Co., Ltd.
- Panasonic Corporation
- Sony Corporation
- Koninklijke Philips N.V.
- Lenovo Inc.
- Hewlett-Packard Company
- Oneplus
- AB Electrolux
- LG Corporation
- Google Inc.
- Microsoft Corporation
- Hitachi Ltd.
- Robert Bosch GmbH
- Sennheiser Electronics
- Siemens AG Logitech International S.A.
- OPPO
- ZTE Corporation
Market Segmentation:
By Product
- Smartphones
- Desktops
- Tablets
- Laptops & Notebooks
- Digital Cameras
- eReaders
- HDD
- Television
- Refrigerators
- Washing machine
- Air Conditioners
- Others
By Distribution Channel
- Online
- Offline
By Application
- Personal
- Professional
By Technology
- Near Field Communication (NFC)
- Magnetic Secure Transmission (MST)
- Artificial Intelligence
- VR (Virtual Reality) Technology
- Generation PCL Technology
- Others
Regional Analysis:
The geographical analysis of the global consumer electronics market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global consumer electronics Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global consumer electronics market in 2030?
- What is the expected CAGR for the consumer electronics market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global consumer electronics market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Consumer Electronics Market
5.1. COVID-19 Landscape: Consumer Electronics Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Consumer Electronics Market, By Product
8.1. Consumer Electronics Market, by Product Type, 2022-2030
8.1.1. Smartphones
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Desktops
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Tablets
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Laptops & Notebooks
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Digital Cameras
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. eReaders
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. HDD
8.1.7.1. Market Revenue and Forecast (2017-2030)
8.1.8. Television
8.1.8.1. Market Revenue and Forecast (2017-2030)
8.1.9. Refrigerators
8.1.9.1. Market Revenue and Forecast (2017-2030)
8.1.10. Washing machine
8.1.10.1. Market Revenue and Forecast (2017-2030)
8.1.11. Air Conditioners
8.1.11.1. Market Revenue and Forecast (2017-2030)
8.1.12. Others
8.1.12.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Consumer Electronics Market, By Distribution Channel
9.1. Consumer Electronics Market, by Distribution Channel, 2022-2030
9.1.1. Online
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Offline
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Consumer Electronics Market, By Application Type
10.1. Consumer Electronics Market, by Application Type, 2022-2030
10.1.1. Personal
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Professional
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Consumer Electronics Market, By Technology Type
11.1. Consumer Electronics Market, by Technology Type, 2022-2030
11.1.1. Near Field Communication (NFC)
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Magnetic Secure Transmission (MST)
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Artificial Intelligence
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. VR (Virtual Reality) Technology
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Generation PCL Technology
11.1.5.1. Market Revenue and Forecast (2017-2030)
11.1.6. Others
11.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Consumer Electronics Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.1.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.2.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.3.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.4.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
Chapter 13. Company Profiles
13.1. Apple Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Canon Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Dell Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Samsung Electronics Co., Ltd.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Panasonic Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Sony Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Koninklijke Philips N.V.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Lenovo Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Hewlett-Packard Company
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Oneplus
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. AB Electrolux
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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