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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 | Apr 2017

Burned out: Revenue is expected to continue to decline, despite short product life cycles

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
£1bn
Annual Growth 12-17
-3.9%
Annual Growth 17-22
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Profit
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Employment
6,936
Businesses
501
Industry Analysis & Industry Trends

The Consumer Electronics Manufacturing industry has been adversely affected by decreasing demand for consumer electronics, such as TVs, headphones and high-definition sound systems, despite lower prices and new product releases. This dip in demand has been exacerbated by falling consumer confidence and constrained disposable income in the current year. Price contractions have resulted in an overall decline in the value of sales. 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 amount to £1.1... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The UK Consumer Electronics Manufacturing industry is considered to be in decline, as production shifts to low-cost jurisdictions. Industry value added (IVA) is forecast to contract at a compound annual rate of 3.2% for the 10 years through 2021-22, while GDP is expected to grow at a compound annual rate of 2.3% for the same 10-year period. In addition, the number of operators and employees in the United Kingdom is projected to decline. Import penetration in the UK consumer electronics is very high and is expected to remain high.

Conversely, on a global scale the industry is considered to be in a growth phase of its life cycle, with innovation, the introduction of new products and growing demand from emerging countries resulting in strong growth in sales volumes. Nev.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Consumer Electronics Manufacturing Industry?

Companies in this industry manufacture electronic audio and video equipment for home entertainment, television monitors and displays, video game consoles, public address systems and amplifiers.

Industry Products
TV monitors, receivers and radiosSound systems, headphones and speakersAmplification equipmentVideo games consoles
 
Industry Activities
TV and TV monitorRadio receiverCD and DVD playerAudio recording and duplicating systemStereo system, speaker system, amplifier and headphonesHousehold video cameraMicrophoneJukebox and karaoke machineVideo-game console


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