Forecasting till 2030: Opportunities And Strategies In The Global Consumer Electronics Repair And Maintenance Market – Includes Consumer Electronics Repair And Maintenance Industry
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Consumer demand for electronics is uncertain and this factor is expected to drive the market for consumer electronics repair and maintenance market during the forecast period, as per The Business Research Company’s consumer electronics repair and maintenance market opportunities and strategies report.
The consumer electronics repair and maintenance market is expected to reach $23.77 billion in 2025 at a rate of 7.6%. The market is then expected to grow at a CAGR of 7.1% from 2025 and reach $33.43 billion in 2030.
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Major players in the consumer electronics repair and maintenance market include Redington, uBreakiFix, B2X CARE SOLUTIONS GMBH, Encompass Supply Chain Solutions Inc, Onsitego.
Consumer electronics repair and maintenance service providers started using Augmented reality (AR) based maintenance and repair procedures. AR is an enhanced version of reality where direct and indirect view of physical world environments are combined with superimposed computer-generated images over a user’s view of the real world. Use of these AR based repair or maintenance procedures allow users to enhance their field of view with real-time digital information. With this information the user can get the step-by-step instructions on how to repair an asset. Some of the AR based solutions for maintenance and repair operations include preventive maintenance, remote assistance, operator assembly instructions, corrective maintenance and others.
The Global Consumer Electronics Repair And Maintenance Market Is Segmented:
By Type: Loudspeakers And Sound Bars, Microphones, Amplifiers And Mixers, Music Players And Other Devices, Televisions, Video Players, Video Cameras
By Service: In Warranty, Out Of Warranty
By End User: Industrial And Commercial, Residential
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Consumer Electronics Repair And Maintenance Market Report Covers:
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 (2016-21) and ten years forecast (2022-2026-2031)
The Consumer Electronics Repair And Maintenance Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough consumer electronics repair and maintenance market research, analyzes and forecasts consumer electronics repair and maintenance market size, consumer electronics repair and maintenance market share, consumer electronics repair and maintenance market players, consumer electronics repair and maintenance market trends, consumer electronics repair and maintenance market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s consumer electronics repair and maintenance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The consumer electronics repair and maintenance market consist of sales of consumer electronics repair and maintenance services by entities (organizations, sole traders and partnerships) that are engaged in repairing and maintaining consumer electronics such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics.
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