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 Locations Chapter
The location of establishments in the Consumer Electronics Manufacturing industry is determined by many factors, including historical factors, export markets and the availability of relatively low-cost raw materials and labour.
Proximity to suppliers and customers is a major factor affecting the location of establishments in the industry. Establishments benefit from being located near suppliers since this minimises transport costs. Being located near customers also boosts demand because customers tend to purchase from establishments in their vicinity. Therefore, areas in the United Kingdom that are highly populated and that house various downstream manufacturing facilities are more likely to have more consumer electronics manufacturers than other regions.
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