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Consumer Electronics Market Share

  • Report ID: GMI2383
  • Published Date: Jun 2021
  • Report Format: PDF
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Consumer Electronics Market Share

Market leaders are focusing on new product launches and mergers & acquisitions to increase their global presence and capture a high revenue share. For instance, in April 2021, Panasonic acquired Blue Yonder, an American software company, for USD 7.1 billion to improve its autonomous supply chain management by leveraging Blue Yonder’s machine learning and artificial intelligence. The acquisition will strengthen Panasonic’s portfolio and accelerate the company’s autonomous supply chain.
 

Major companies operating in the 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
  • ZTE Corporation

Several participants are focusing on new product launches to enhance the customer experience.

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

The market for consumer electronics was valued at more than USD 1 trillion in 2020 and will expand at a robust CAGR of over 8% from 2021 to 2027 with rising internet penetration globally.

The industry share from the audio and video equipment segment accounted for over 60% in 2020 and will expand due to the integration of advanced features such as voice-assistant control and speech recognition.

The personal application segment will expand at a healthy CAGR of 9% through 2027 due to reduced prices of smartphones, Bluetooth speakers and smart wearables.

The APAC consumer electronics market size was valued at more than USD 400 billion in 2020 and will grow at a healthy CAGR with increasing urbanization and emergence of new regional players.

Consumer Electronics Market Scope

  • Consumer Electronics Market Size
  • Consumer Electronics Market Analysis
  • Consumer Electronics Market Share

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    • Base Year: 2020
    • Companies covered: 30
    • Tables & Figures: 283
    • Countries covered: 16
    • Pages: 350
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