Consumer electronics values

  • Consumer electronics examples

    The global power electronics market was valued at $30.9 billion in 2022, and is projected to reach $52.8 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032.
    Power electronics play an important role in the electrified vehicle applications that provide compact and high-efficient solutions to power conversion..

  • What is the purpose of consumer electronics?

    A broad term referring to any type of electronics intended for purchase and use by customers in their daily lives, both personal and professional.
    Consumer electronics can serve many functions: providing entertainment, facilitating communication, and simplifying various tasks..

  • What is the value of the electronic device market?

    The global consumer electronics market size was valued at US$ 723 billion in 2022 and is expected to hit US$ 1264.52 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 5.80% during the forecast period 2023 to 2032..

Aug 24, 20231 Know your products ; 2 Communicate effectively ; 3 Be ethical and honest ; 4 Seek feedback and improvement ; 5 Deliver value and quality.
Consumer electronics include devices used for entertainment, communications and recreation. Usually referred to as black goods due to many products being housed 
The global consumer electronics market size was worth around USD 1.10 trillion in 2021 and is estimated to grow to about USD 1.70 trillion by 2028, with a compound annual growth rate (CAGR) of approximately 7.6% over the forecast period.

How much revenue does the consumer electronics market generate in 2023?

Revenue in the Consumer Electronics market amounts to US$1,052

0bn in 2023 The market is expected to grow annually by 2 27% (CAGR 2023-2028)

The market's largest segment is the segment Telephony with a market volume of US$498

3bn in 2023

In global comparison, most revenue is generated in China (US$230

5bn in 2023)
In 2021, we're watching the following factors impacting the cosumer electronics industry: 1. COVID-19 and its global influence on our lifesty…

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