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Consumer Electronics Market in 2010


Consumer Electronics Market in 2010


Consumer electronics market rebounds for 2010
With consumer demand as the maindriver of growth effects, the overall original equipmentmanufacturer (OEM) of consumer electronics products in 2010,revenue is expected to reach $340.4 billion, an increase of 6.2%from $320.7 billion last year. This growth will exceed 4.4% toreverse the decline in 2009.
According to iSuppli, the market will continue to risesteadily in the next four years, and increase revenue ranging from$ 3 billion to $18 billion per year, over $385 billion in the endof 2014 .
According to the report, the strongest performances in theconsumer electronics space are the LCD TV and Blu-ray player.
iSuppli's data indicate that LCD TVs in 2010 will be more than178 million units, worth nearly $95 billion revenue. Blu-ray also asolid player and shipments are expected to reach 16.4 millionunits, an increase of 82.2%, from 9.1 million units in 2009.Blu-ray player unit shipments will continue to rise more than 50%of the rate in the next two years, after which expansion will bemoderate and level off by 2014, Blu-ray shipments will reach 68.9million - almost 8 times their 2009 level .
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