Global Consumer Electronics Market to 2028

Global Consumer Electronics Market to 2028
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Consumer Electronics Market

Consumer Electronics Market

Consumer Electronics Market

Dublin, April 01, 2022 (GLOBE NEWSWIRE) — The “Consumer Electronics Market, By Device Type: Consumer Electronic Device, Wearable Device, Smart Home Device, By Region – Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering.

Consumer electronics or otherwise known as home electronics are electronics meant for personal use, normally at home. Consumer electronics consist of electronic appliances used for communication, entertainment, and also recreational purposes. Mostly referred to as white goods because of the fact that most products being manufactured in black or neutral colors are housed in dark or black casing.

More advanced white electronics appliances usually come with flashy advertisements, which is another reason for the popularity of these appliances. The new trends in consumer electronics products are discovered every day and their effects on the industry are remarkable.

Market Dynamics

Increasing number of smartphone users is expected to boost the global consumer electronics market growth over the forecast period. As per the Pew Research Center, in 2019, around 81% of people in the U.S. had smartphones, increasing from 68% in 2015. According to the same source, tablet users in the U.S. increased from 34% in 2013 to 52% in 2019. This, in turn, has increased the demand for advanced smartphones and tablets.

Furthermore, growing popularity of modern consumer electronics in Asia Pacific is expected to accelerate growth of the global consumer electronics market in the near future.

Key features of the study:

  • This report provides in-depth analysis of the consumer electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

  • It profiles key players in the global consumer electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

  • Key companies covered as a part of this study include Panasonic Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, LG Electronics Co. Ltd., Hewlett-Packard Inc. (HP), Apple Inc., Sony Corporation, Hitachi Ltd., and Koninklijke Philips N.V.

  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

  • The global consumer electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer electronics market

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

  • Report Description

  • Market Definition and Scope

  • Executive Summary

  • Market Snippet, By Device Type

  • Market Snippet, By Region

  • Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis

4.

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Global Automotive Cockpit Electronics Market Report 2022: Market to Reach $39.5 Billion by 2026

Global Automotive Cockpit Electronics Market Report 2022: Market to Reach .5 Billion by 2026

DUBLIN, March 24, 2022 /PRNewswire/ — The “Automotive Cockpit Electronics – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

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Global Automotive Cockpit Electronics Market to Reach $39.5 Billion by 2026

The global market for Automotive Cockpit Electronics estimated at US$26 Billion in the year 2020, is projected to reach a revised size of US$39.5 Billion by 2026, growing at a CAGR of 7.3% over the analysis period.

Buoyed by increasing use of advanced technology, the share of automotive electronics components in vehicles in terms of vehicle cost has gradually increased from just 8-10% to over 30% in the recent years, providing a significant scope of opportunity for automotive cockpit electronics.

Growth in the global market is set to be driven by increasing consumer preference for convenience features and enhanced user experience. Rising disposable income and demand for autonomous vehicles are prompting people to invest in latest car models with advanced electronics that allow users to view information in the line-of-sight, like navigation.

The integration of sophisticated technologies and government regulations on telematics and increasing connectivity aid in market expansion. The market growth is also bolstered by increasing use of innovative technologies like head-up display and in-car navigation systems.

Infotainment & Navigation, one of the segments analyzed in the report, is projected to grow at a 8% CAGR to reach US$14.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Information Display segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

This segment currently accounts for a 25.6% share of the global Automotive Cockpit Electronics market. Intuitive, ergonomic, and easy to operate vehicle function controls and human machine interface are diluting the fears over driver distraction caused by vehicle entertainment systems, thereby making infotainment systems mainstream automotive systems.

The U.S. Market is Estimated at $7.5 Billion in 2021, While China is Forecast to Reach $7.7 Billion by 2026

The Automotive Cockpit Electronics market in the U.S. is estimated at US$7.5 Billion in the year 2021. The country currently accounts for a 27.85% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$7.7 Billion in the year 2026 trailing a CAGR of 8.6% through the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 6.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR while Rest of European market (as defined in the study) will reach US$8.4 Billion by the end of the analysis period.

The US witnessed high penetration rate for automotive navigation systems owing to robust uptake within the light commercial vehicles segment and changing consumer preferences. The Asia-Pacific region is poised to gain from increasing consumer demand and rising vehicle production. The region is receiving

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Online games need to market “perform and make” as a substitute of “participate in to receive”

Online games need to market “perform and make” as a substitute of “participate in to receive”

GamesBeat Summit 2022 returns with its biggest function for leaders in gaming on April 26-28th. Reserve your location here!


There is probably no piece of entertainment that has best captured our current and future dystopian periods than Charlie Brooker’s tv series Black Mirror, and there could be no superior (and extra cynical) eyesight of what the current long run of gaming could search like than in the series’ next episode, “Fifteen Million Merits.” If you do not remember, in that episode, culture was pushed by a “merits”-based forex, which individuals attained by driving stationary bicycles. They could then use these credits to get food, digital accessories, and digital avatars, or as a way to skip by the obligatory advertising and marketing existing in the big video clip areas that dominated their living areas. 

Audio acquainted? Ever considering the fact that going on the web at about the same time payment processing itself went on the web, gaming has walked hand-in-hand with related digital currencies and rewards. MMOs in the mid-2000s had digital treasure chests that would soon give way to typically divisive loot containers in game titles like Earth of Warcraft. It did not acquire extended for loot farmers to activity the virtual benefits methods of these MMOs in a scheme that resembled a electronic sweatshop.

There now exists a bridge between fiat forex and the things and currency of gaming and virtual worlds that helps make the electronic sweatshops of the MMO boom look like child’s engage in and brings us nearer to that earth of Black Mirror the place players are pushed into accruing as lots of “merits” as doable fairly than, perfectly, gaming. That is a really unsafe crossroads.

Assembly avid gamers where they are living

The likely for these shenanigans has only grown with the implementation of gaming tokens and NFTs that can be offered for preferred cryptocurrencies or “real” currencies on secondary marketplaces, offering way to a “play to earn” design the place players can accrue money for scooping up virtual benefits and activity tokens. When a match publicly implements NFT and tokens under the “play to get paid design,” it is ordinarily portrayed negatively, from Ubisoft’s unpopular Ghost Recon NFT to the scammers who were hawking bogus Outerverse NFTs

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Although “play to earn” has potentially experienced a rocky begin, Reddit co-founder Alexis Ohanian, among many others, thinks this new dynamic is an inevitability, and it is challenging to argue with his logic: 

“In five yrs, you will basically benefit your time properly. And rather of staying harvested for ads, or being fleeced for pounds to obtain stupid hammers you really don’t really individual, you will be participating in some on-chain equivalent sport that will be just

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Global Flexible Electronics Market to Reach $44.8 Billion by 2026

Global Flexible Electronics Market to Reach .8 Billion by 2026
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to our digital archives and MarketGlass Research Platform
  • Complimentary updates for one year

Edition: 19; Released: February 2022
Executive Engagements: 5209
Companies: 61 – Players covered include 3M Company; BASF SE; Blue Spark Technologies; BrightVolt, Inc.; Cymbet Corporation; Dai Nippon Printing Co., Ltd.; E Ink Holdings, Inc.; Fujikura Ltd.; Japan Display Inc.; LG Electronics, Inc.; Multi-Fineline Electronix, Inc. (MFLEX); Nippon Mektron, Ltd.; Nitto Denko Corporation; Plastic Logic Germany; Pragmatic Printing Ltd.; Samsung Electronics Co., Ltd.; Sumitomo Electric Industries, Ltd.; Thin Film Electronics ASA; Zhen Ding Technology Holding Limited (ZDT) and Others.
Coverage: All major geographies and key segments
Segments: Component (Electronic Displays, Batteries, Other Components); Application (Consumer Electronics, Automotive, Energy & Power, Medical & Healthcare, Defense & Aerospace, Other Applications)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; South Korea; Taiwan; Rest of Asia-Pacific; Latin America; Rest of World.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Flexible Electronics Market to Reach $44.8 Billion by 2026
Flexible electronics is a technology that allows fabrication of electronic circuits on flexible substrates, thus making them bendable and stretchable. Flexible electronics is a progressive technology that aims to facilitate development of electronic systems in folded, curved, rolled, bent and stretched designs, while addressing the issues and challenges persisting in manufacture of miniature, compact and portable devices. Initially perceived as a futuristic concept, flexible electronics is gradually making its presence felt in various application markets. Flexible electronics integrate flexible passive components and active components in electronic system processing and are made in various forms such as displays, batteries, sensors, memory and photovoltaics (PV) among others. With the exception of the substrate itself, which needs to be flexible, flexible electronics can be manufactured by using similar materials and components as used for rigid large-area electronics. Flexible electronics generally use ultra-thin and ultra-light substrates such as plastic films, glass, metal foils, and fabrics.

Amid the COVID-19 crisis, the global market for Flexible Electronics estimated at US$22 Billion in the year 2022, is projected to reach a revised size of US$44.8 Billion by 2026, growing at a CAGR of 18.6% over the analysis period. Electronic Displays, one of the segments analyzed in the report, is projected to grow at a 18.1% CAGR to reach US$31.1 Billion

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USD 2.12 bn Growth in Consumer Electronics and Home Appliances Market in India

USD 2.12 bn Growth in Consumer Electronics and Home Appliances Market in India

Consumer Electronics and Home Appliances Market in India: Driver

The increasing demand for premium appliances will fuel the growth of the consumer electronics and home appliances market in India during the forecast period. The growing importance of consumer electronics and home appliances is resulting in the demand for unique and premium consumer electronics. Premium appliances are equipped with smart features that match the societal status of upper-class households. The increasing number of high-net-worth individuals (HNWIs) is driving the demand for luxury consumer electronics and home appliances in developing economies and fueling the market growth.

Consumer Electronics and Home Appliances Market in India: Challenge

Compliance costs will challenge the growth of the consumer electronics and household appliances market in India. The consumer electronics and home appliances market has been experiencing an increase in cost burden due to the evolving nature of compliances prescribed by the government in recent years. This cost burden is ultimately passed on to consumers, thus making products unaffordable and having a detrimental impact on their demand. These factors will challenge the growth of the market during the forecast period.

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Consumer Electronics and Home Appliances Market in India: Vendor Analysis

The consumer electronics and home appliances market in India is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:

  • AB Electrolux – As the key products, the company provides several products such as washing machine(Front Load Washer with SmartBoost and others.
  • Haier Smart Home Co. Ltd. – As the key products, the company offers several home appliances such as washing machines, laundry care, and others.
  • Hitachi Ltd. – As the key products, the company offers washing machines, fridges, air conditioners, and others.
  • Koninklijke Philips NV – As the key products, the company offers heaters, washing machines, fridges, sound systems, and others.
  • LG Electronics Inc. – As the key products, the company offers heaters, washing machine, fridge, sound systems, and others.

Consumer Electronics And Home Appliances Market In India: Segmentation Analysis

This report segments the consumer electronics and home appliances market in India by product (consumer electronics and home appliances) and market landscape (freestanding and built-in). The consumer electronics and home appliances market share growth in India by the consumer electronics segment will be significant during the forecast period.

Learn about the contribution of each segment of the consumer electronics and home appliances market in India. Request a Free Sample Report

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Consumer Electronics And Home Appliances Market In India Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum &

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Power Electronics Market Size to Grow by USD 12.38 Bn

Power Electronics Market Size to Grow by USD 12.38 Bn

Key Market Dynamics:

  • Market Driver
  • Market Challenges

The increased adoption of renewable energy is driving the power electronics market growth. For instance, the Renewable Energy Growth Program initiated by the US Department of Energy in 2015 received an extension till 2029. This program aims to produce 40 MW of combined renewable energy per year up to 2029, which includes solar, wind, hydropower, and anaerobic digestion projects. This program offers opportunities to various commercial, government, non-profit, and other institutions to participate and get incentivized for meeting power production targets based on their category. Thus, implementations of such programs will drive the market during the forecast period.

Technological limitations are challenging the power electronics market growth. For instance, Power MOSFETs are used for applications that use below 500 V, whereas IGBTs are used for applications exceeding 400 V. Applications specific to power transmission require operations in kilovolts, and silicon-based devices have reduced efficiencies. The efficiency can be improved by using materials such as wide bandgap and ultra-wide bandgap materials, as they help reduce losses at higher voltages. The production technology for these materials is expensive and yet to be commercialized. Such factors can impact the market negatively.

To learn about additional key drivers, trends, and challenges available with TechnavioRead our FREE Sample Report right now!

Market Segmentation

The power electronics market report is segmented by product discretes and modules. The discretes segment will have significant market share growth during the forecast period. Discretes are used in consumer electronic goods and are primarily silicon-based. Most of the demand is for applications such as consumer electronics and LED lighting systems.

By geography, the market has been segmented into APAC, Europe, North America, South America, and Middle East and Africa. APAC will be the leading region with 58% of the market’s growth during the forecast period. China, Japan, and South Korea are the key markets for power electronics in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.

Some Companies Mentioned

  • ABB Ltd.
  • Alcon Electronics Pvt. Ltd.
  • Analog Devices Inc.
  • Danfoss AS
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Infineon Technologies AG
  • Kerala State Electronics Development Corp. Ltd.
  • Magna Power Electronics
  • Mitsubishi Electric Corp.
  • NXP Semiconductors NV
  • OM Semiconductor Corp.
  • Power Electronics
  • Renesas Electronics Corp.
  • Siemens Energy AG
  • STMicroelectronics NV
  • Texas Instruments Inc.
  • Toshiba Corp.
  • Vitesco Technologies Group AG
  • Arete and Cocchi Technology
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
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    Instrument Transformer Market by Application and Geography – Forecast and Analysis 2021-2025

    Power Electronics Market Scope

    Report Coverage

    Details

    Page number

    120

    Base year

    2021

    Forecast period

    2022-2026

    Growth momentum & CAGR

    Accelerate at a CAGR of 7.42%

    Market growth 2022-2026

    USD 12.38 billion

    Market structure

    Fragmented

    YoY growth (%)

    7.09

    Regional analysis

    APAC, Europe, North America, South America, and Middle East and

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