Asia-pacific’s electrical and electronics manufacturing market accounts the largest share in the global electrical and electronics manufacturing market.
The electrical and electronics manufacturing market consists of sales of products that generate, distribute and use electrical power products by entities (organizations, sole traders and partnerships) that produce products that generate, distribute and use electrical power, or electronic products such as audio, video and semi-conductors. This market does not include computers, computer peripherals and telecommunications equipment.
Major players in the global electrical and electronics manufacturing market include Samsung Electronics, Panasonic Corporation and Intel.
Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. Due to some circular ownership, it is the flagship company of the Samsung chaebol, accounting for about 70% of the group’s revenue in 2012. Samsung Electronics has assembly plants and sales networks in 80 countries and employs around 308,745 people. It is the world’s largest manufacturer of consumer electronics and semiconductors by revenue. As of June 2018, Samsung Electronics’ market cap stood at US$325 billion.
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The electrical and electronics manufacturing market is expected to reach a value of nearly $38 trillion by 2022, significantly growing at a growth rate of about 6% during the forecast period. The growth in the electrical and electronics manufacturing market is due to high sales of volume and value of switchgears, transformers and other electrical equipment and economic growth.
However, the market for electrical and electronics manufacturing is expected to face certain restraints from several factors such as increasing inflation, changing government policies.
Virtual reality in electronic manufacturing, original equipment manufacturers (OEMs) outsourcing product design to electronic manufacturing service (EMS) Partners are the major trends witnessed in the global electrical and electronics manufacturing market.
With improved earning capacity, emerging market growth, the scope and potential for the global electrical and electronics manufacturing market is expected to significantly rise in the forecast period.
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Few Points From Table Of Contents:
4. Electrical And Electronics Manufacturing Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Electrical And Electronics Manufacturing Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Electrical And Electronics Manufacturing Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Electrical And Electronics Manufacturing Market Trends And Strategies
8. Electrical And Electronics Manufacturing Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Electrical And Electronics Manufacturing Market Regional Analysis
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