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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 | Jun 2014

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

IBISWorld’s Consumer Electronics Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 10-15
-3.5%
Annual Growth 15-20
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Profit
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Employment
8,279
Businesses
558
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 2014-15, up 0.5% on the previous year. The industry is highly globalised, with exports estimated to amount to £1.8 billion and imports to approximately £6 billion in 2014-15. Imports satisfy a very large share of the domestic market... purchase to read more

Industry Report - Industry Key Buyers Chapter

The top four industry players are expected to account for just under 11.2% of industry revenue in 2014-15. Industry concentration has increased on a global scale, but the intensity of competition is primarily the result of global competitors exporting to the United Kingdom rather than domestic concentration. There is a trend towards many small companies vying for small niche markets rather than large manufacturers producing homogenous goods in direct competition with each other. Domestic companies hold a small percentage of total UK consumer electronics sales... 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 receiversSound systems, headphones and speakersEvents 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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