Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Strong Global Consumer Electronics Growth Forecast
Jun 15, 2010
 Printable format
 Email this Article
 Search

The global consumer electronics industry had revenue of about US$694 billion in 2008 and is staged for growth of around 5% CAGR during 2010-2013 according to industry research firm RNCOS. Growth can be attributed in part to the industry's rapid technological developments, enabling the industry to profit from the growing interaction of digital devices.

The report Global Consumer Electronics Market Forecast to 2013 predicts that 3D TV will experience the highest CAGR, of around 118%, during the 2010-2013 period as manufacturers implement 3D as a standard feature in HD flat-panel TVs.

The research firm found that the American region, and the United States in particular, drives the global consumer electronics industry, with the EU close behind. However, this growth pattern is expected to change as demand from developing nations rises and the Asia Pacific region emerges as a major influencer. India, for one, is expected to grow at a CAGR of about 19% in 2010-2013.

The firm said that consumer electronics' continually developing digital technologies, and especially the increase in connectivity and mobility, will be a vital factor in further accelerating industry growth.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows