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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
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 - Starting a New Business Chapter

The industry is estimated to have high barriers to entry due mainly to requirements in many cases for large investments in production facilities, distribution networks and in research and development (R&D). In addition, established brands and the availability of economies of scale can offer large incumbents competitive advantages relative to newcomers. Furthermore, high labour costs and a lack of depth in local supply chains in the United Kingdom compared with those in Asian regions and Eastern Europe, can make it difficult for local manufacturers to compete.

This is a high-technology industry, often incorporating patented intellectual property. In some segments, it is necessary to make significant investments in R&D and recruiting highly skilled engineers can be costly... 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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