(Companies Covered: Samsung Electronics Co ltd, Intel, Taiwan Semiconductor Mfg. Co ltd, Micron Technology Inc, SK Hynix Inc., LG Electronics, Broadcom Inc., Qualcomm Incorporated)
The global electronic products market reached a value of nearly $1,097.7 billion in 2019, having increased at a compound annual growth rate of 4.6% since 2015. The market is expected to decline from $1,097.7 billion in 2019 to $1,042.7 billion in 2020 at a rate of – 5%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is expected to grow from $1,078.3 billion in 2021 to $1,201.1 in 2023 at a compound annual growth rate of 5.5%. The market is expected to stabilize and reach $1,333.2 billion in 2025 and $1,713.6 billion in 2030.
Read More On The Global Electronic Products Market Report At –
https://www.thebusinessresearchcompany.com/report/electronic-products-market
The electronic products market consists of sales of electronic products by entities (organizations, sole traders and partnerships) that produce electronic products. These include semiconductors, audio and video equipment and other electronic components.
Global Electronic Products Market Segmentation –
1) By Type – Audio and Video Equipment, Semiconductor and Other Electronic Components.
2) By End-Use – Business to Business (B2B), Business to Customer (B2C).
3) By Sales Channel – OEM, After Market.
4) By Mode Of Sale- Online, Offline.
Global Electronic Products Market Driver –
The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electronic products and applications. Technological development is key for attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the market for electronic products during the forecast period.
Request For A Sample Of The Global Electronic Products Market Report At –https://www.thebusinessresearchcompany.com/sample.aspx?id=3358&type=smp
Few Points From The Global Electronic Products Market TOC
1.Electronic Products Market Executive Summary
2.Table of Contents
3.List of Figures
4.List of Tables
5.Report Structure
6.Introduction
6.1.1.Segmentation By Geography
6.1.2.Segmentation By Type
7.Electronic Products Market Characteristics
7.1.Market Definition
7.2.Market Segmentation By Type
8.Electronic Products Market Product Analysis –Product Examples
9.Electronic Products Market, Supply Chain Analysis
9.1.Resources
9.2.Manufacturers
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
Media Contact
Company Name: The Business Research Company
Contact Person: Oliver Guirdham
Email: Send Email
Phone: +44 20 7193 0708
Address:
City: London
State: Greater London
Country: United Kingdom
Website: https://www.thebusinessresearchcompany.com/