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Global Electronics Market 2018 Forecasts for 6 Sectors
Date:11/29/2013

DALLAS, Nov. 29, 2013 /PRNewswire-iReach/ -- Consumer Electronics market is forecast to witness a value of US$1.6 trillion by 2018 primarily supported by application sectors: analog & digital TV, tablet, digital cameras & camcorder, personal computers and video/audio equipment. Geographical analysis shows the highest Compounded Annual Growth Rate (CAGR) of 17.6% is foreseen from Asia-Pacific region during the analysis period 2011-2018. The Middle East is not way behind with a CAGR of 17%, followed by Africa at 16.9%. Japan forecasts to drive with a growth rate of 13.9%. Among the sectors, Analog & Digital TV accounts for nearly 32.3% of the overall market share followed by Personal Computers at 25.5% holding the second position. Global market for Consumer Electronics especially in Tablet will record strong hold over the next 5 years driven by raising demand in fast-growth market in Asian and other emerging countries. Major companies are located in Japan, South Korea and Taiwan region and are dominating the Consumer Electronics Industry Growth. Read more at http://www.reportsnreports.com/reports/271143-consumer-electronics-global-trends-estimates-and-forecasts-2011-2018.html .

(Photo: http://photos.prnewswire.com/prnh/20131129/MN25290)

With a CAGR of 12.8%, global market value for Telecommunication Electronics Application sector is anticipated to be worth US$847.6 billion by 2018. On a global scale, Asia-Pacific accounts for more than 26.3% of the market share. While US accounts for the largest share of the globa
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