Consumer Electronics Market Size, Share, Trends and Forecast, 2028
Consumer Electronics Market Size - By Product (Audio & Video Equipment, Personal, Professional, Major Household Appliance, Small Household Appliance, Digital Photo Equipment), By Application (Personal, Professional), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2028
| Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 1.10 Trillion | USD 1.70 Trillion | 7.6% | 2021 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Consumer Electronics Market, 2015 - 2024, (USD Billion)
- 2.2. Consumer Electronics Market: Market Snapshot
- Chapter 3. Consumer Electronics Market - Industry Analysis
- 3.1. Consumer Electronics Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Increasing demand for smartphone
- 3.2.2. Rising disposable income
- 3.3. Restraints
- 3.3.1. Recovering economies of developing nations
- 3.4. Opportunity
- 3.4.1. Technological advancements in electronic products
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market Attractiveness Analysis by Product Segment
- 3.6.2. Market Attractiveness Analysis by Regional Segment
- Chapter 4. Consumer Electronics Market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2017 (Subject to Data Availability)
- 4.2. Strategic Developments
- 4.3. Acquisitions & Mergers
- 4.4. New Product Launch
- 4.5. Agreements, Partnerships, Collaborations and Joint Ventures
- 4.6. Research and Development, Product and Regional Expansion
- Chapter 5. Global Consumer Electronics Market - Product Segment Analysis
- 5.1. Global Consumer Electronics Market Overview: by Product
- 5.1.1. Consumer Electronics Market Revenue Share, by Product, 2017 and 2024
- 5.2. Global Consumer Electronics Market by Smartphone, 2015-2024 (USD Billion)
- 5.3. Global Consumer Electronics Market by Television, 2015-2024 (USD Billion)
- 5.4. Global Consumer Electronics Market by DVD players, 2015-2024 (USD Billion)
- 5.5. Global Consumer Electronics Market by Refrigerators, 2015-2024 (USD Billion)
- 5.6. Global Consumer Electronics Market by Washing machines, 2015-2024 (USD Billion)
- 5.7. Global Consumer Electronics Market by Digital cameras, 2015-2024 (USD Billion)
- 5.8. Global Consumer Electronics Market by Hard disk drives, 2015-2024 (USD Billion)
- 5.1. Global Consumer Electronics Market Overview: by Product
- Chapter 6. Global Consumer Electronics Market - Regional Analysis
- 6.1. Global Consumer Electronics Market Overview: by Region
- 6.1.1. Global Consumer Electronics Market Revenue Share, by Region, 2017 and 2024
- 6.2. North America
- 6.2.1. North America Consumer Electronics Market, 2015 - 2024 (USD Billion)
- 6.2.2. North America Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.2.3. The U.S.
- 6.2.3.1. U.S. Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.3. Europe
- 6.3.1. Europe Consumer Electronics Market, 2015 - 2024 (USD Billion)
- 6.3.2. Europe Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.3.3. UK
- 6.3.3.1. UK Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.3.4. France
- 6.3.4.1. France Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.3.5. Germany
- 6.3.5.1. Germany Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Consumer Electronics Market, 2015 - 2024 (USD Billion)
- 6.4.2. Asia Pacific Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.4.3. India
- 6.4.3.1. India Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.4.4. Japan
- 6.4.4.1. Japan Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.4.5. China
- 6.4.5.1. China Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.5. Latin America
- 6.5.1. Latin America Consumer Electronics Market, 2015 - 2024 (USD Billion)
- 6.5.2. Latin America Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.5.3. Brazil
- 6.5.3.1. Brazil Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.6. Middle East & Africa
- 6.6.1. Middle East & Africa Consumer Electronics Market, 2015 - 2024 (USD Billion)
- 6.6.2. Middle East & Africa Consumer Electronics Market Revenue, by Product, 2015 - 2024 (USD Billion)
- 6.1. Global Consumer Electronics Market Overview: by Region
- Chapter 7. Company Profiles
- 7.1. GoPro
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Product Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.1.6. SWOT Analysis
- 7.2. Nikon
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Product Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.2.6. SWOT Analysis
- 7.3. Canon
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Product Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.3.6. SWOT Analysis
- 7.4. Haier
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Product Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.4.6. SWOT Analysis
- 7.5. AB Electrolux
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Product Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.5.6. SWOT Analysis
- 7.6. Sennheiser
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Product Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Developments
- 7.6.6. SWOT Analysis
- 7.7. Sonos
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Developments
- 7.7.6. SWOT Analysis
- 7.8. Bose
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Product Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.8.6. SWOT Analysis
- 7.9. Sony Corporation
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Developments
- 7.9.6. SWOT Analysis
- 7.10. LG Electronics
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Product Portfolio
- 7.10.4. Business Strategy
- 7.10.5. Recent Developments
- 7.10.6. SWOT Analysis
- 7.11. Huawei
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Product Portfolio
- 7.11.4. Business Strategy
- 7.11.5. Recent Developments
- 7.11.6. SWOT Analysis
- 7.12. General Electric
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Product Portfolio
- 7.12.4. Business Strategy
- 7.12.5. Recent Developments
- 7.12.6. SWOT Analysis
- 7.13. Apple
- 7.13.1. Overview
- 7.13.2. Financials
- 7.13.3. Product Portfolio
- 7.13.4. Business Strategy
- 7.13.5. Recent Development
- 7.13.6. SWOT Analysis
- 7.14. Samsung Electronics
- 7.14.1. Overview
- 7.14.2. Financials
- 7.14.3. Product Portfolio
- 7.14.4. Business Strategy
- 7.14.5. Recent Developments
- 7.14.6. SWOT Analysis
- 7.1. GoPro
Table Of Figures
List of Figures
1. Market Research Process
2. Market Research Methodology
3. Global Consumer Electronics Market, 2015 - 2024 (USD Billion)
4. Porter’s Five Forces Analysis: Consumer Electronics Market
5. Global Consumer Electronics Market Attractiveness, by Product
6. Global Consumer Electronics Market Attractiveness, by Region
7. Global Consumer Electronics Market Revenue Share, by Product, 2017 and 2024
8. Global Consumer Electronics Market by Smart Phone, 2015-2024 (USD Billion)
9. Global Consumer Electronics Market by Television, 2015-2024 (USD Billion)
10. Global Consumer Electronics Market by DVD players, 2015-2024 (USD Billion)
11. Global Consumer Electronics Market by Refrigerators, 2015-2024 (USD Billion)
12. Global Consumer Electronics Market by Washing machines, 2015-2024 (USD Billion)
13. Global Consumer Electronics Market by Digital cameras, 2015-2024 (USD Billion)
14. Global Consumer Electronics Market by Hard disk drives, 2015-2024 (USD Billion)
15. North America Consumer Electronics Market, 2015 - 2024 (USD Billion)
16. Europe Consumer Electronics Market, 2015 - 2024 (USD Billion)
17. Asia Pacific Consumer Electronics Market, 2015 – 2024 (USD Billion)
18. Latin America Consumer Electronics Market, 2015-2024 (USD Billion)
19. The Middle East & Africa Consumer Electronics Market, 2015 – 2024 (USD Billion)
Table Of Tables
List of Tables
1. Global Consumer Electronics Market: Snapshot
2. Drivers for Consumer Electronics Market: Impact Analysis
3. Restraints for Consumer Electronics Market: Impact Analysis
4. North America Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
5. U.S. Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
6. Europe Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
7. UK Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
8. France Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
9. Germany Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
10. Asia Pacific Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
11. India Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
12. Japan Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
13. China Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
14. Latin America Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
15. Brazil Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
16. The Middle East & Africa Consumer Electronics Market Revenue, by Product, 2015 – 2024 (USD Billion)
Methodology
FrequentlyAsked Questions
Increasing technological proliferation, rising use of smartphones, and growing digitization are some major trends that guide consumer electronics market growth.
According to the Zion Market Research report, the global consumer electronics market was worth about US$ 1.10 trillion in 2021 and is predicted to grow to around US$ 1.7 trillion by 2028, with a compound annual growth rate (CAGR) of around 7.6 percent.
The Asia Pacific is projected to emerge as the most lucrative region for the consumer electronics market over the forecast period. The presence of key consumer electronics companies is expected to be a major factor favoring consumer electronics demand in this region.
Some of the main competitors dominating 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, and ZTE Corporation.
Electronic devices that are designed to be used often by individuals in their private lives and are marketed directly to end users are known as consumer electronics. These tools are designed to make the mundane tasks of daily living easier, more productive, and more pleasurable. The terms "smartphones," "laptops," "tablets," "televisions," "digital cameras," "game consoles," and "wearable technology" are all examples of consumer electronics. Other examples include "smart homes" and "wearable technology." These are just some of the many goods that find their way into our routines on a regular basis.
The market for consumer electronics is continuously growing and altering in response to the trends that have emerged in this industry in recent years. This is due to the fact that consumer electronics have swiftly become an essential part of modern living. Because of developments in technology, manufacturers of consumer electronics are consistently coming up with innovative new products in order to meet the ever-evolving demands and preferences of end users.
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