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Research and Markets Adds Report: Global Consumer Electronics Market 2014-2018 [Health & Beauty Close - Up]
[April 21, 2014]

Research and Markets Adds Report: Global Consumer Electronics Market 2014-2018 [Health & Beauty Close - Up]


(Health & Beauty Close - Up Via Acquire Media NewsEdge) Research and Markets has announced the addition of the "Global Consumer Electronics Market 2014-2018" report to its offerings.

In a release, Research and Markets noted that report highlights include: The Global Consumer Electronics market will grow at a CAGR of 5.59 percent over the period 2013-2018.

The Global Consumer Electronics market can be divided into five segments: -TVs -In-car Entertainment Equipment -Portable and Home Audio Equipment -Cameras -Image Recording and Playback Devices.

Ultra HDTV technology is a new technology that offers aspects such as higher resolution than HDTV, higher frame rate, and higher color space. With the rapid digitization of the TV industry and fall in TV prices, consumers are demanding more innovative TVs that support high-quality content. Hence, the demand for ultra HDTVs is expected to steadily increase during the forecast period, with consumers replacing their HDTVs with ultra HDTVs. The price of ultra HDTVs is also expected to gradually fall, which would subsequently lead to its rapid adoption.



According to the report, the Global Consumer Electronics market has several drivers that are contributing to its growth. One such driver is the increasing launch of new product lines. Market vendors are launching new categories of consumer electronics products in addition to different product variants within the same category.

Further, the report states that the decrease in average selling prices is one major challenge hindering the market's growth. The rapid commercialization of consumer electronics products and the reduction in the prices of components and parts used in the manufacture of consumer electronics products is intensifying price competition among market vendors. Vendors are competing against each other and pricing their products lower than their competitors.


Key Vendors -LG Electronics Inc.

-Panasonic Corp.

-Samsung Electronics Co. Ltd.

-Sony Corp.

-Toshiba Corp.

Other Prominent Vendors -Akai Sales Pte. Ltd.

-Haier Electronics Group Co. Ltd.

-Hitachi Ltd.

-Koninklijke Philips N.V.

-Konka Group -Microsoft Corp.

-MIRC Electronics Ltd.

-Mitsubishi Electric Corp.

-RCA Corp.

-Sansui Electric Co. Ltd.

-Sharp Corp.

-Videocon Industries Ltd.

Report information: http://www.researchandmarkets.com/research/f4r3bz/ global_consumer ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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