Global Electronic Products Market Size and Forecast 2023-2032|Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co Ltd., SK Hynix Inc., Qualcomm, Hon Hai Precision Industry,

The Electronic Products Global Market Report 2023 by The Business Research Company, provides electronic products market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Electronic Products Global Market Report 2023, the market size is expected to grow from $1186.56 billion in 2022 to $1275.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of electronic products is expected to grow to $1657.45 billion in 2027 at a CAGR of 6.8%.

The electronic products market growth is aided by stable economic growth forecasted in many developed and developing countries.

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The electronic products market is segmented:

1) By Type: Audio And Video Equipment, Semiconductor And Other Electronic Component

2) By End-Use: B2B, B2C

3) By Sales Channel: OEM, Aftermarket

4) By Mode: Online, Offline

With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of an object in its field of view. This feature offers effective surveillance of an area at low costs. For instance, some of the major companies manufacturing motion-detecting CCTV cameras include Sony, Samsung, Honeywell, Panasonic, and others.

The electronic products market report table of contents includes:

1. Executive Summary

2. Report Structure

3. Electronic Products Market Characteristics

4. Electronic Products Market Product Analysis

5. Electronic Products Market Supply Chain

26. Middle East Electronic Products Market

27. Electronic Products Market Competitive Landscape

28. Key Mergers And Acquisitions In The Electronic Products Market

29. Recommendations

30. Appendix

Top Major Players: