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Market Research Report

Germany Consumer Electronics Market: Industry Analysis, Size, Market Growth, Research Report, Insights, Trends & Forecast 2016-2024

Published On : 2018-04-21 Report Page : 170 Category: Consumer Retail

Germany Consumer Electronics Industry 2016-2024

Industry Overview

Germany is a technology developed country and it has huge penetration of consumer electronic products in the majority household, estimated to be 28.5% in 2017. The advancing technology has led to the trend of developing smart offices and smart home where consumer electronics products are vital part, such as smart TV, smart refrigerator, smart air conditioners and more. The introduction of innovative products, such as ‘Homechat’ app that assists users to monitor their home appliances anywhere through their smartphones, is expected to boost the market growth. Rising disposable income of the people of consumer electronics and shift in preferences towards smart homes and smart offices, are thus driving the growth of the industry. Emergence of recycling electronic products and the advanced technologies such as virtual reality, IoT solutions and robotics in manufacturing of consumer electronic products in order to achieve efficiency and low cost has provided significant advantage to Germany consumer electronic industry. Moreover, gaming and entertainment accounts for the major application of the electronic products, which has also augmented the growth of Germany consumer electronic industry. Goldstein Research analyst forecast that the Germany consumer electronics industry is set to reach USD 22.4 billion by 2024, growing at a CAGR of 5.8% over the forecast period (2016-2024).

Germany Consumer Electronics Industry Segmentation

By Product Type

  • Visual and Audio Products
    • Television
    • Laptops
    • Speakers
    • Others (Headphones, etc.)
  • Major Home Appliances
    • Air Conditioner
    • Refrigerator
    • Washing Machines
    • Dish Washers
    • Others (Cooktops, Etc.)
  • Small Home Appliances
    • Food Processors
    • Microwave Ovens
    • Iron
    • Others (Kettle, etc.)

Based on visual and audio products, television segment accounted for largest market share of 52.4% in 2017 and has nearly 55% penetration in Germany. Television is closely followed by refrigerators market share, growing at a CAGR of 5.87% over the forecast period.

By Pricing Model

  • Low Cost Products
  • Medium Cost Products
  • High End Products (Customized or luxury Brands)

By Distribution Channel

  • Online Distribution Channel
  • Offline Distribution Channel

By Business Model

  • Business to Business (B2B)
  • Business to Consumer (B2C)

Germny Consumer Electronics Industry Trends, Drivers, & Demand Report             

The report covers the present ground scenario and the future growth prospects of the consumer electronics industry for 2016-2024 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 Germany region. Germany consumer electronics industry is forecasted on the basis of consumer electronics production and supply.

Germany Consumer Electronics Industry Outlook 2016-2024, 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 Germany 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. “Germany Consumer Electronics Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Germany 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.

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Key questions answered in this Germany Consumer Electronics Industry Report

  • What is the total industry size by 2024 and what would be the expected growth rate of industry?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key industry trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this industry study

  • Facilitate decision-making based on strong historic and forecast data for Germany Consumer electronics Industry
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  • Position yourself to gain the maximum advantage of the Germany Consumer electronics industry’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy and prospects

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Germany Consumer Electronics Market: Industry Analysis, Size, Market Growth, Research Report, Insights, Trends & Forecast 2016-2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements