Consumer Electronics Manufacturing in the UK - Industry Market Research Report

Consumer Electronics Manufacturing in the UK - Industry Market Research Report
Consumer Electronics Manufacturing in the UK

The Consumer Electronics Manufacturing industry has struggled over the years because of plummeting consumer confidence and fierce international competition. This industry operates globally, fulfilling most domestic demands through imports. Manufacturers outside the UK often operate from low-cost countries, gaining the upper hand in economies of scale and selling their products at competitive prices. The UK industry has focused heavily on R&D and automation to keep pace with innovation. Although the weak pound has spurred exports, it has also escalated the price of imported components, undermining the industry's competitiveness and profitability. On the bright side, consumer interest in home sound systems has climbed, pushing sales.

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

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.