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Consumer Electronics Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Consumer Electronics Manufacturing Market Research Report | SIC C26.400 | Jan 2014

Losing power: Manufacturers are shifting production overseas to countries with low labour costs

The Consumer Electronics Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
B & W Group Limited B & W Group Limited market share
GP Acoustics (UK) Ltd GP Acoustics (UK) Ltd market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 09-14
-4.6%
Annual Growth 14-19
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Profit
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Employment
8,455
Businesses
565
Industry Analysis & Industry Trends

Consumers love electronic gadgets. Demand for consumer electronics, such as flat-screen TVs, headphones and high-definition video is growing as prices fall and new products are released. However, the steep drop in prices has negatively affected the value of sales. In addition, consumer electronics are increasingly being manufactured in foreign countries where labour costs are low and supply chains are deep. The UK Consumer Electronics Manufacturing industry is expected to generate revenue of £1.9 billion in 2013-14, down 7.7% from 2012-13. The industry is highly globalised, with exports estimated to amount to £1.8 billion and imports to approximately £6 billion in 2013-14. Imports satisfy a very large share of the domestic market... purchase to read more

Industry Report - Industry Products Chapter

Sound systems, headphones and speakers

Home sound systems, headphones and earphones account for 45% of industry revenue. Typically, UK consumer audio manufacturers outsource the production of their cheaper product lines to East Asian facilities and manufacture their premium products in the United Kingdom. The revenue generated from selling locally produced speakers is estimated to have declined since 2008-09 due to strong import competition, production being shifted to low-cost countries and depressed demand caused by the turbulent economic climate. Sound systems are usually purchased as a package... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Consumer Electronics Manufacturing Industry?

Companies in the Consumer Electronics Manufacturing industry manufacture electronic audio and video equipment for home entertainment, motor vehicle computers, video game consoles, public address systems and musical instrument amplifiers.

Industry Products
Radio and TV receiversHome sound systems, headphones, and earphonesEvent amplificationVideo games consolesMiscellaneous
 
Industry Activities
TVs and TV monitorsradio receiversCD and DVD playersaudio recording and duplicating systemsstereo systems, speaker systems, amplifiers and headphoneshousehold video camerasmicrophonesjukeboxes and karaoke machinesvideo-game consoles


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