In 2019, Germany’s consumer electronics industry recorded a volume decline. Current value growth slowed in 2019, despite average unit price growth increasing slightly. Volume sales are expected to decline and current value sales to stagnate year-on-year in the forecast period unless there is any significant new disruptive innovation in the...
Consumer electronics continued to decline in 2019 driven in part by the prevailing economic uncertainty. Another factor is the decluttering of households with many consumers looking to reduce the amount of consumer electronics in their home. While this has negatively impacted some categories it has also benefited others such as wireless speakers,...
Consumer electronics continued to record retail volume and current value growth in 2019, although to a lesser extent than in the previous year. This upward trend is expected to continue over the forecast period, as technology advances further and new products adapting to changing lifestyles emerge. Growth in 2019 was led primarily by portable...
The Chinese consumer electronics market is being transformed by the changing face of consumer entertainment. The rise of streaming services has generated increasing demand for enhanced audio and visual experiences, stimulating upmarket trends across a range of categories. Televisions is seeing a significant rise in the popularity of products...
Consumers in Nigeria increasingly value portability. With a growing number of people in urban areas living on-the-go lifestyles, the ability to maintain contact and work anywhere is increasingly important. This particularly benefits demand for products such as laptops and smartphones. Increasingly hectic working patterns coupled with rising...
In 2019, consumer electronics is seeing the slowest current value growth of the review period. With incomes having risen during the review period, consumers were better able to afford these items, especially with a wide range of promotional offers and financial assistance packages being on offer. As such, the demand for consumer electronics...
Consumer electronics continued to decline in retail volume terms in 2019. However, within this, individual categories saw very different performances. Declining volumes were mostly seen in more mature categories lacking innovation, such as in-car entertainment and home audio and cinema. Meanwhile, premium, innovative and successful products,...
Consumer electronics in the Netherlands continued to see total volume sales decline in 2019 as consumer confidence weakened amidst signs of an economic slowdown. Saturation remained a major barrier to demand, with volume sales in many categories chiefly driven by replacement purchases. At the same time, demand for numerous product types was...
Consumer electronics recorded an improved performance in both retail volume terms and current value terms in 2019 compared to the previous year, supported by a number of categories that are increasingly offering consumers convenience, innovation and multifunctionality. Consumer Electronics in Australia report offers a comprehensive...
The audio amplifier market is projected to grow at a CAGR of 5.6% from 2019 to 2024. The audio amplifier market is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% from 2019 to 2024. Major factors driving the growth of the audio amplifier market include the increasing popularity...