The Electronic Products Global Market Report 2020-30 by The Business Research Company describes and explains the global electronic products market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Electronic Products Global Market Opportunities And Strategies Report covers electronic products market drivers, electronic products market trends, electronic products market segments, electronic products market growth rate, electronic products market major players, and electronic products market size.
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The electronic products market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Electronic Products Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Growing Demand For Smart TVs-
The demand for smart TVs is being driven by the rising consumer preference for built-in smart functions in personal devices, and increasing internet penetrationi. A smart TV combines the features of televisions and computers, and comprises a television set with integrated functions for internet use. Smart TV users are also offered direct access to streaming services such as Netflix and Amazon Prime Video. To capitalize on this trend, television manufacturers across the world are entering the smart TV market. According to an analysis firm Counterpoint Research, in 2019, India’s TV market had its highest-ever shipment of 15 million units in 2019.
High Demand For Ultra HD Televisions-
The demand for Ultra HD televisions is increasing rapidly, as they are energy efficient and offer high quality images. Ultra HD televisions include 4K and 8K UHDs that have an aspect ratio of 16:9 or wider and also present a minimum resolution of 3840×2160 pixels. The transition from traditional CRT and LCD TVs to ultra HD TVs has been fast owing to the brisk pace in technological advances. For instance, according to IHS Markit report, ultra HD (4K resolution) TV has hit 60% market penetration in some parts of the world, including the United States in 2019.
The market is segmented:
By Type –
- a) Audio and Video Equipment
- b) Semiconductor and Other Electronic Components
By End-Use –
- a) Business to Business (B2B)
- b) Business to Customer (B2C)
By Sales Channel –
- a) OEM
- b) After Market
By Mode Of Sale-
- a) Online
- b) Offline
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