Electronic Equipment Repair Service Global Market Trends, Industry Trends, Segments 2023 To 2032

The Electronic Equipment Repair Global Market Report 2023, provides comprehensive information on the electronic equipment repair service market 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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The global electronic equipment repair service market size is expected to grow from $104.86 billion in 2022 to $112.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. 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 global electronic equipment repair service market size is expected to grow to $148.82 billion in 2027 at a CAGR of 7.1%.

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Service innovation is the key trend gaining popularity in the electronic equipment repair service market. Major companies operating in the electronic equipment repair service market are focusing on coming up with new ways to deliver repair services to consumers to enhance their experience with the repair service. For instance, in October 2020, uBreakiFix, a US-based electronic equipment repair service provider, launched a new We Come to You repair program. The new program brings on-demand smartphone repair to customers coast to coast. A professional repair technician from uBreakiFix will meet customers at their homes, places of business, or any other location that is convenient for them to complete the repair on-site in two hours or less. Customers can schedule a “We Come to You” repair appointment, frequently as soon as the same day.

The electronic equipment repair service market is segmented:

1) By Types: Consumer Electronics, Home Appliances, Industrial Equipment, Medical Equipment
2) By Warranty Type: In Warranty, Out of Warranty
3) By End-Users: Commercial and Industrial, Residential

Asia-Pacific was the largest region in the electronic equipment repair service market in 2022.

The table of contents in TBRC’s electronic equipment repair service market report includes:
1. Executive Summary
2. Electronic Equipment Repair Service Market Characteristics
3. Electronic Equipment Repair Service Market Trends And Strategies
4. Electronic Equipment Repair Service Market – Macro Economic Scenario
5. Electronic Equipment Repair Service Market Size And Growth
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26. Africa Electronic Equipment Repair Service Market
27. Electronic Equipment Repair Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electronic Equipment Repair Service Market
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