Consumer Electronics

Despite comprising the largest proportion of in-car entertainment, traditional in-car navigation is registering low growth. The main drivers of this decline are the rapid growth of smartphones and the trend towards connected devices with Bluetooth or...

The consumer electronics industry experienced steady growth in the review period, despite a low-growth economic environment. Growth is mainly attributed to increased innovation from players to distinguish themselves and gain market share from their ...

Wearables were touted as the next big thing but sales failed to ignite the market, with pioneers such as TomTom exiting the market and Fitbit undergoing business restructuring. The report examines what other companies such as Apple, Xiaomi and Fossil...

Most consumers have been upgrading from the base model when purchasing cars. They are increasingly willing to pay extra to dealers for additional features, based on their needs and budgets. There is consequently less need to upgrade in-car ...

The Indian consumer electronics market recorded continued growth in 2019, owing to increase sales of portable consumer electronics and in-home consumer electronics. While consumers remain price conscious, they have continued to move towards smarter ...

In 2019, in-car entertainment volumes decreased significantly, and are expected to continue to decline under persistent pressure from substitute products, particularly smartphones. Amidst the declining trend, the main theme shaping the demand for ...

In 2019, Germany’s consumer electronics industry recorded a volume decline. Current value growth slowed in 2019, despite average unit price growth increasing slightly. Volume sales are expected to decline and current value sales to stagnate ...

In the United Arab Emirates the quality and range of entertainment systems integrated into new cars is expected to continue to improve. Increasing numbers of consumers will therefore have little need for additional in-car entertainment products. ...

In 2018, VAT of 5% was introduced across the United Arab Emirates. The consumer electronics market in United Arab Emirates therefore witnessed slower volume growth across most of the categories in 2018 as a significant number of consumers in the ...

In-car entertainment continued to see a strong retail volume decline in 2019. In-car navigation continued to be the most affected, due to the rise of smartphones, as well as increasingly cheap mobile internet. Google Maps can be accessed from ...

Volume sales continued to decline within overall consumer electronics in 2019. Some categories, such as desktops, in-car navigation and digital media player docks, were considered old-fashioned, and increasing sales of their replacements, laptops, ...

Since most new cars in Ukraine are equipped with in-car entertainment, all categories saw a decline in volume sales in 2019. Consequently, demand for in-car entertainment is mostly limited to buyers of second-hand cars. However, in-dash media players...

The improving economy continues to boost consumer purchasing power and consumer electronics volume sales in Ukraine. On the one hand, consumers are making purchases that they had postponed over the review period as a result of the recent economic and...

Strong economic prospects and government policies seeking to boost the performance of the automobile industry have created a positive platform for the further development of in-car entertainment in the Philippines. The domestic economy is projected ...

Consumer electronics in the Philippines registered volume and current value growth in 2019, although current value sales rose at a slower rate compared with 2018 owing to lower average unit growth as a result of widespread and continual promotions. ...

The in-car entertainment category saw negative growth overall in 2019, dragged down by in-car navigation units and in-car speakers. These performances were to some extent offset by in-dash media players, however: this is the largest category within ...

The consumer electronics market in Saudi Arabia saw negative growth in 2019, dragged down by weakened consumer spending power, lengthening replacement cycles in categories such as LCD TVs, and the impact of smartphones, cannibalising sales of some ...

Retail volume sales of in-car navigation, in-car speakers and in-dash media players again declined in 2019, and the trend is expected to continue over the forecast period, with several reasons for the decline. On the one hand, car producers are ...

Consumer electronics again enjoyed retail volume growth in 2019, driven by high-technology products such as OLED TVs, activity watches (analogue), convertible laptops, smartphones with large displays (>5.5 inches or 13.97cm) and smart wearables. ...

According to the General Statistics Office of Vietnam, the number of cars imported into the country increased by 852% in the first quarter of 2019 compared with the first quarter of the previous year. This led to a 31% spike in purchases of cars at ...