Electrical And Electronics Manufacturing

Global Electronic Products Market Overview And Prospects

December 20, 2021 by The Business Research Company

Learn about the global electronic products market through The Business Research Company, which provides information on electronic products market size, electronic products market drivers and restraints, electronic products market players, the COVID-19 impact on the electronic products market, and more.

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The global electronic products market is expected to grow from $948.78 billion in 2020 to $1055.29 billion in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1291.14 billion in 2025 at a CAGR of 5%.

Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period.

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The electronic products market consists of sales of electronic products by entities (organizations, sole traders and partnerships) that produce electronic products.

Global electronic products market segments include:

By Type: Audio And Video Equipment, Semiconductor And Other Electronic Component

By End-Use: B2B, B2C

By Sales Channel: OEM, Aftermarket

By Mode: Online, Offline

Subsegments Covered: Audio Equipment, Video Equipment, Semiconductor And Related Devices, General Electronic Components

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global electronic products market, accounting for 50% of the market in 2020.

With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of object in its field of view. This feature offers effective surveillance of an area at low costs.

TBRC’s electronic products market report covers:

Major Market Players: Samsung Electronics Co Ltd, Intel Corporation, Taiwan Semiconductor Mfg Co Ltd, Micron Technology Inc, QUALCOMM Incorporated.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Electronic Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides electronic products market overviews, analyses and forecasts market size, share, electronic products market players, electronic products market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s electronic products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Electrical And Electronics Global Market Report 2021

Semiconductor And Other Electronic Component Global Market Report 2021

Audio And Video Equipment Global Market Report 2021

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