A new informative report titled as “2021 Analysis and Review: Consumer Electronics Market by Sales Channel – Hypermarket, Online, Specialty Store, et. al for 2021-2031” provides estimations of the size of the market and share and size of key regional markets during the historical period of 2015 to 2020. The study provides projections of the opportunities and shares, both vis-à-vis value and volume (n units), of various segments in the Consumer Electronics market during the forecast period of 2021 to 2027. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, top key companies Samsung Electronics Co. Ltd., LG Electronics Co. Ltd., Apple Inc., Hitachi Ltd., Koninklijke Philips N.V. Sony Corporation, Hewlett-Packard Inc. (HP), Toshiba Corporation, and Panasonic Corporation, among others and the competitive landscape of the Consumer Electronics market.
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- Recovery expected for smart phones, smart TVs, printers in 2021
- Sales through multi-brand stores to be lucrative
- Germany’s consumer electronics market will be lucrative in Europe
- US held 80% of North America share, sales in Canada growing modestly
- China and India hotspots for global consumer electronics manufacturers
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Market Segmented are as Follows:
- Consumer Electronic Devices
- Digital Camcorder/DVR and Camera
- Smart Phones/Feature Phones & Tablets
- Smart TV
- Printers/ Set Top Box
- Personal Computers & Gaming Consoles
- Wearable Devices
- Smart Accessories
- Other Wearable Devices
- Smart Home Devices
- Securities & HVAC Systems
- Smart Kitchen Appliances
- Specialty Stores
- Multi-brand Stores
- Online Retailers
- Wholesalers & Distributors
- Other Sales Channel
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2021-2030) of the following regions:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
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Key Questions Answered in the Report
Which is the most lucrative market for consumer electronics?
The U.S. currently leads in the global market for consumer electronics. The increase in demand for smart and connected devices has played a significant role in facilitating regional growth.
Which is the top-selling consumer electronics?
Presently, the consumer electronic products segment is top-selling which includes digital camcorders/DVR/camera, smartphones & tablets, smart TV, and others. High purchase frequency and extensive use of these products in both residential and commercial sectors has facilitated increase in sales.
Which is the prominent sales channel in the consumer electronics industry?
Currently, multi-brand stores, followed by the speciality stores are the prominent sales channels in the consumer electronics market.
Which are some of the leading companies offering consumer electronics?
Some of the leading companies offering consumer electronics include Samsung Electronics Co. Ltd., LG Electronics Co. Ltd., Apple, Inc., Hitachi Ltd., Koninklijke Philips N.V., Sony Corporation, Hewlett Packsrd, Inc., Toshiba Corporation, and Panasonic Corporation.
Which is a prominent factor driving sales of consumer electronics?
Growing personal disposable income on one hand and stepping up innovation on the other side on the part of suppliers are playing a significant role in accelerating growth.