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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 | Dec 2015

Power down: Demand for innovative products fails to offset the long-term trend of decline

IBISWorld’s Consumer Electronics Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
B & W Group Limited B & W Group Limited market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 11-16
-2.9%
Annual Growth 16-21
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Profit
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Employment
8,083
Businesses
550
Industry Analysis & Industry Trends

Demand for consumer electronics, such as TVs, headphones and high-definition sound systems, is growing, as prices fall and new products are released. However, the steep drop in prices has negatively affected the value of sales. Additionally, consumer electronics are increasingly being manufactured in foreign countries where labour costs are low and supply chains are deep. The industry is highly globalised, with exports estimated to account for £1.8 billion of revenue and imports for approximately £6.2 billion of domestic demand in 2015-16. However, exports and, to a lesser extent, imports are inflated by re-exports, which are exports of imported products. The UK Consumer Electronics Manufacturing industry is expected to generate revenue of £1.9... purchase to read more

Industry Report - Industry Products Chapter

Sound systems, headphones and speakers

Home sound systems, headphones and earphones account for 45.4% 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 in recent years 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 receiversSound systems, headphones and speakersEvents amplificationVideo games consoles
 
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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