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

CE Forecast Revised Upward on Strength of Mobile Connected Device Sales
Jul 27, 2011
 Printable format
 Email this Article
 Search

The consumer electronics (CE) industry will grow more than expected in 2011, according to the semi-annual industry forecast released in July by the Consumer Electronics Association (CEA). CEA now expects the industry to surpass $190 billion in overall shipment revenues in 2011, for a growth rate of 5.6%, higher than the 3.5% growth that CEA projected in January.

The forecast of 2011 shipment revenue growth of 5.6% assumes a U.S. GDP growth rate of 2.4%. Industry shipment revenues are expected to surpass $190 billion this year, or about $4 billion more than CEA forecast in January 2011.

The July 2011 report also projects industry shipments will grow in 2012 to an all-time high of $197 billion.

CEA projected that:
• tablet computers will grow 157%
• Smartphone sales will see major growth in 2011 – up 45% - and continue to be the primary revenue driver for the industry
eReader unit sales will double in 2011

“One year ago, tablets were a new and unproven market, and now they, along with other mobile connected devices including smartphones and eReaders, are leading the entire industry to positive growth,” said Steve Koenig, CEA’s director of industry analysis. “The revenue boost from these innovative products is undeniable as a number of other CE segments are reaching maturity and sales are naturally declining.”

Digital TV saturation of 88% means digital display shipments will be down in 2011, but growth is projected to be up in network-enabled displays and the growth rate of 3D TVs was revised upward for 2011. Audio soundbars are a growth leader, expected to be up 250% in 2011 over 2010. Digital cameras are expected to show unit growth of 3% in 2011.

Back to Daily News

 

Daily News

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

Aug 14, 2014: Electrolux In Talks to Acquire GE Appliances

Aug 14, 2014: June U.S. Cutting Tool Consumption Strongest of 2014

Aug 13, 2014: Manufacturing Technology Orders Up in June

Aug 13, 2014: Toshiba Appliance/Electronics Segment reports Higher 1Q Sales

Aug 12, 2014: Fagor Operations in Spain to Restart Under New Owner CNA

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