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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 | May 2015

Technical difficulties: The industry switches off due to competition from overseas firms

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
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

Consumers love electronic gadgets. Demand for consumer electronics, such as flat-screen 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... 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 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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