Global Emerging trends in Consumer Electronics Market
Global Consumer Electronics Market Forecast to 2013
The global consumer electronics industry is set to witness phenomenal growth in the near future after the moderation of tough economic conditions. The prospective growth in the consumer electronics industry could be attributed to the revolutionary technological developments. The digital technology revolution has enabled the industry to make profit from the growing interaction of digital applications, such as camcorders, DVD player/recorder, digital camera, etc. With these technological advancement, the global consumer electronics industry generated revenue of around US$ 694 Billion in 2008. ( http://www.bharatbook.com/detail.asp?id=141398&rt=Global-Consumer-Electronics-Market-Forecast-to-2013.html )
Our new research report “Global Consumer Electronics Market Forecast to 2013″ has predicted that the global consumer electronics industry will grow at a CAGR of around 5% during 2010–2013. During this time period, we expect that 3D TV will experience the highest CAGR of around 118% because manufacturers begin to implement 3D as a standard feature in their HD flat-panel product lines.
We have also found that the American region (mainly the US) is driving the global consumer electronics industry, closely followed by the EU. However, the growth pattern will change in future, with the emergence of Asia Pacific as the major contributor for the industry due to increase in demand from the developed countries. For instance – India is expected to grow at a CAGR of around 19% during 2010-2013.
We also expect the continuous development of digital technologies will add new features and improve quality of electronic devices. Moreover, the connectivity and mobility also play a vital role in accelerating the industry growth rate as younger generation is fascinated by such features. These factors indicate that the consumer electronics industry has bright future ahead, particularly in countries like China and India where the economy is moving at a fast pace.
”Global Consumer Electronics Market Forecast to 2013″ provides extensive information and rational analysis of the global consumer electronics industry and its emerging trends. It gives an insight into the regional trends together with discussion on the product segmentation. We have thoroughly analyzed market size, growth opportunities, regional segmentation and trends in technology to give comprehensive overview of the market. We have also included the key players segment to give brief idea of the competitive landscape and business strategies of players.
To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=141398&rt=Global-Consumer-Electronics-Market-Forecast-to-2013.html
Related Reports :
Booming Consumer Electronics Market in India
http://www.bharatbook.com/detail.asp?id=84118&rt=Booming-Consumer-Electronics-Market-in-India.html
Global Consumer Electronics Market Development, 2009 and Beyond
http://www.bharatbook.com/detail.asp?id=129491&rt=Global-Consumer-Electronics-Market-Development-2009-and-Beyond.html
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Bharat Book Bureau, the leading market research information aggregator provides reports, company profiles, newsletters, country info. and online databases for the past twenty two years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our reports help global companies to know different market before starting up business / expanding in different countries across the world.
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