Monday, 23 July 2012

Global Consumer Electronics Manufacturing Market Research Report

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Consumer Electronics Manufacturing global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Industry Analysis & Industry Trends
Demand for consumer electronic products has been promoted by new innovative products, falling selling prices and growing household incomes, particularly in emerging markets such as countries in Asia, Eastern Europe and South America. However, market saturation is now becoming an issue and industry players need to continually innovate and introduce new attractive products. In 2012, the Global Consumer Electronics Manufacturing industry is expected to generate revenue of $215.6 billion (down 0.2% on 2011) and employ about 2.1 million people.

Industry revenue is expected to decrease by an annualized 0.9% in the five years through 2012. Industry activity over this period is promoted by growth in sales volumes, albeit offset by a decrease in average unit selling prices.

Industry Analysis
 
The release of new gadgets coupled with falling unit prices has driven stellar growth in sales volumes in this industry. However, a rapid decline in selling prices for comparable products, driven by industry competition and falling input and manufacturing costs, has negatively affected revenue growth. Firms have responded by focusing on selling products with enhanced features to drive-up unit selling prices.
Industry revenue is expected to decrease by 0.2% to reach $215.6 billion in 2012, due to product saturation in some markets, slower growth in global economic activity and price deflation. This will contribute to estimated annualized decrease in industry revenue of 0.9% in the five years through 2012.

Source: IBISWorld

http://www.ibisworld.com/industry/global/global-consumer-electronics-manufacturing.html
 

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