Consumer Electronics Market: Key Trends and Opportunities By 2027

By Ronak Bora

The research report on consumer electronics market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.
The consumer electronics market is projected to register stellar growth on account of robust technological advancements in appliances like laptops, speakers, smartphones, headphones, and earphones. Incorporation of technologies like IoT, machine learning, and artificial intelligence are enhancing the functionality and features of latest consumer electronics.
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The consumer electronics market is estimated to be driven by the surging demand for small household appliances including microwave ovens and mixers. The segment growth is propelled by escalating disposable incomes and the increasing residential construction activities in the Middle East and the Asia Pacific.
Furthermore, kitchen appliances comprising dishwashers, microwave ovens, and smart coffee makers are anticipated to record high demand due to altering lifestyles in urban areas.
The market growth is poised to be stimulated by increasing technological advancements in consumer electronics comprising laptops, smartphones, earphones, speakers, and headphones.
The product functionality is further enhanced by the incorporation of disruptive technologies comprising machine learning, artificial intelligence, and the Internet of Things.
On the whole, the surging demand for energy-efficient appliances having versatile performance will escalate market share through the forecast period.
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The North America consumer electronics market is set to register considerable growth impelled by the early adoption of smart household electric appliances and the presence of a high number of internet users.
Key participants in the market comprise Apple, Nikon, General Electric, Xiaomi, AB Electrolux, Canon, Inc., LG Electronics, Haier, Sony Corporation, Senheiser, GoPro, and others.
Major Key Points from Table of Content:
Chapter 5   Consumer Electronics Market, By Product
5.1    Key trends, by product
5.2    Audio & video equipment (TV, Laptop, Smartphones, Earphones & Headphones, Speakers)
5.2.1    Market estimates and forecast, 2017 – 2027
5.2.2    Market estimates and forecast, by application 2017 – 2027
5.2.3    Personal
5.2.3.1    Market estimates and forecast, 2017 – 2027
5.2.4    Professional
5.2.4.1    Market estimates and forecast, 2017 – 2027
5.3    Major household appliance (Refrigerator, Air Conditioner, Washing Machines)
5.3.1    Market estimates and forecast, 2017 – 2027
5.4    Small household appliance (Iron Box, Microwave Ovens, Food Processors, Electric Kettle)
5.4.1    Market estimates and forecast, 2017 – 2027
5.5    Digital photo equipment (Digital camera & Camcorder)
5.5.1    Market estimates and forecast, 2017 – 2027
5.5.2    Market estimates and forecast, by application 2017 – 2027
5.5.3    Personal
5.5.3.1    Market estimates and forecast, 2017 – 2027
5.5.4    Professional
5.5.4.1    Market estimates and forecast, 2017 – 2027
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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