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2020-02-26
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Europe
Europe has matured the consumer electronic industry and it is supported by high technology connectivity environment. With the advancing technology, the trend of smart offices and smart homes is augmenting the demand for consumer electronics products such as smart TV, smart refrigerator, smart air conditioners and more. Rising personal disposable income of the consumers of consumer electronic products and their shift in preferences towards smart homes and smart offices, are thus primarily driving the growth of the industry. Europe has strict regulations for environmental concerns and thus under the circular economy strategy, recycling of used electronic products is further pushing the growth of the consumer electronic industry. Moreover, gaming and entertainment applications of the products have further boosted the growth of the Europe consumer electronic industry. The user penetration of consumer electronic products in Europe was 23.4% in 2017, and thus it has huge growth opportunities by the introduction of innovative and connected products such as the ‘Home chat’ app.
Europe Consumer Electronics Industry Segmentation
By Product Type
By Pricing Model
By Distribution Channel
By Business Model
By Geography
Based on geography, Germany accounted for the largest market share of 37.1% in 2017 with consumer electronics user penetration of 30.4% in 2017.
The report covers the present ground scenario and the future growth prospects of the consumer electronics industry for 2017-2025 along with the industry players’ analysis. We calculated the industry size and revenue share on the basis of revenue generated from major players in the European region. Europe's consumer electronics industry is forecasted on the basis of consumer electronics production and supply.
Europe Consumer Electronics Industry Outlook 2017-2025, has been prepared based on an in-depth industry analysis from industry experts. The report covers the competitive landscape and current position of major players in the European consumer electronics industry space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of industry players and their business models. “Europe Consumer Electronics Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our Europe consumer electronics industry report comprises of the following companies as the key players: Samsung, LG Electronics, Sony, Panasonic, Koninklijke Philips N.V., Haier Consumer Electronics Group, Logitech International, Onida Electronics, Toshiba, Videocon, Hitachi, Ltd., Hisense, TCL, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive industry and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this Europe Consumer Electronics Industry Report
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