Market Overview:
The global consumer electronics repair and maintenance market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for consumer electronics devices, rising disposable income, and growing awareness about the availability of after-sales services. The entertainment devices segment is expected to hold the largest share of the global consumer electronics repair and maintenance market in 2018. This segment includes televisions, gaming consoles, projectors, and other audio-visual equipment. The increasing demand for these devices across different regions is driving the growth of this segment. In terms of application, commercial applications are expected to account for a larger share of the global consumer electronics repair and maintenance market than residential applications during the forecast period.
Product Definition:
Consumer electronics repair and maintenance is the process of repairing or cleaning consumer electronics devices. These devices can include anything from smartphones to televisions. The importance of consumer electronics repair and maintenance lies in the fact that these devices are an important part of most people's lives. By keeping them in good condition, people can continue to use them without issue.
Entertainment Devices:
Entertainment devices are electronic products that are used for the purpose of entertainment, gaming, and media. They comprise television sets, computers/ laptops or netbooks (smaller versions of laptops), music players (such as IPODs or MP3 players), video game consoles such as XBox 360 and Sony PlayStation 3 along with home theatres.
Communications Devices:
The global Communications devices and it's usage in Consumer Electronics Repair and Maintenance (CERAM) market size was valued at USD 6.5 billion in 2015. The industry is expected to witness significant growth owing to the increasing demand for smartphones, tablets, laptops, smart wearables such as fitness bands and smartwatches along with rising internet penetration globally.
Application Insights:
The commercial application segment dominated the global market in 2017, accounting for more than 60.0% share of the overall revenue. The growth can be attributed to a rise in demand for consumer electronics products from various sectors such as hospitality, healthcare and telecom among others. Repair and maintenance services are also gaining significant traction among small-medium scale businesses (SMSBs). For instance, Bajaj Electronics offers repair and installation services for TVs, refrigerators/freezers, washing machines/ tumble dryers among other home appliances under its ¢â‚¬ËœPremier Service¢â‚¬â„¢ brand.
Residential applications accounted for a considerable share of the global market revenue in 2017 owing to rising demand from consumers to fix or replace malfunctioning electronic devices including smartwatches & fitness bands; media players; microwaves; cooktops; dishwashers etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high consumer disposable income, technological advancements, and increasing demand for consumer electronics repair services. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rapid urbanization and growing population along with rising disposable income levels. Moreover, improving standard of living coupled with rising spending on entertainment activities will drive product sales in this region over the forecast period.
The European market consists of major countries such as Germany, France, Italy and U.K., which are technologically advanced when compared to other regions across the globe’s economy including Japan and North America; hence making it a strong contender within its own right contributing significantly towards growth across all verticals globally within CE Repair & Maintenance industry space).
Growth Factors:
- Increasing demand for electronic gadgets and appliances
- Rising disposable income of consumers
- Proliferation of digital technologies
- Growing inclination towards do-it-yourself (DIY) repairs and maintenance practices
- Emergence of new service models
Scope Of The Report
Report Attributes
Report Details
Report Title
Consumer Electronics Repair and Maintenance Market Research Report
By Type
Entertainment Devices, Communications Devices, Home Appliances, Others
By Application
Commercial, Residential
By Companies
Mendtronix, The Cableshoppe, Redington Services, Electronix Services, B2X Care Solutions, Encompass Parts, uBreakiFix, iCracked, Moduslink Global Solutions, Quest International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Consumer Electronics Repair and Maintenance Market Report Segments:
The global Consumer Electronics Repair and Maintenance market is segmented on the basis of:
Types
Entertainment Devices, Communications Devices, Home Appliances, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mendtronix
- The Cableshoppe
- Redington Services
- Electronix Services
- B2X Care Solutions
- Encompass Parts
- uBreakiFix
- iCracked
- Moduslink Global Solutions
- Quest International
Highlights of The Consumer Electronics Repair and Maintenance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Entertainment Devices
- Communications Devices
- Home Appliances
- Others
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Consumer Electronics Repair and Maintenance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Consumer electronics repair and maintenance is the process of repairing or maintaining electronic equipment, such as televisions, computers, and cell phones.
Some of the major companies in the consumer electronics repair and maintenance market are Mendtronix, The Cableshoppe, Redington Services, Electronix Services, B2X Care Solutions, Encompass Parts, uBreakiFix, iCracked, Moduslink Global Solutions, Quest International.
The consumer electronics repair and maintenance market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Consumer Electronics Repair and Maintenance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Consumer Electronics Repair and Maintenance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Consumer Electronics Repair and Maintenance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Consumer Electronics Repair and Maintenance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Consumer Electronics Repair and Maintenance Market Size & Forecast, 2018-2028
4.5.1 Consumer Electronics Repair and Maintenance Market Size and Y-o-Y Growth
4.5.2 Consumer Electronics Repair and Maintenance Market Absolute $ Opportunity
Chapter 5 Global Consumer Electronics Repair and Maintenance Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Consumer Electronics Repair and Maintenance Market Size Forecast by Type
5.2.1 Entertainment Devices
5.2.2 Communications Devices
5.2.3 Home Appliances
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Consumer Electronics Repair and Maintenance Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Consumer Electronics Repair and Maintenance Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Consumer Electronics Repair and Maintenance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Consumer Electronics Repair and Maintenance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Consumer Electronics Repair and Maintenance Analysis and Forecast
9.1 Introduction
9.2 North America Consumer Electronics Repair and Maintenance Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Consumer Electronics Repair and Maintenance Market Size Forecast by Type
9.6.1 Entertainment Devices
9.6.2 Communications Devices
9.6.3 Home Appliances
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Consumer Electronics Repair and Maintenance Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Consumer Electronics Repair and Maintenance Analysis and Forecast
10.1 Introduction
10.2 Europe Consumer Electronics Repair and Maintenance Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Consumer Electronics Repair and Maintenance Market Size Forecast by Type
10.6.1 Entertainment Devices
10.6.2 Communications Devices
10.6.3 Home Appliances
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Consumer Electronics Repair and Maintenance Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Consumer Electronics Repair and Maintenance Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Consumer Electronics Repair and Maintenance Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Consumer Electronics Repair and Maintenance Market Size Forecast by Type
11.6.1 Entertainment Devices
11.6.2 Communications Devices
11.6.3 Home Appliances
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Consumer Electronics Repair and Maintenance Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Consumer Electronics Repair and Maintenance Analysis and Forecast
12.1 Introduction
12.2 Latin America Consumer Electronics Repair and Maintenance Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Consumer Electronics Repair and Maintenance Market Size Forecast by Type
12.6.1 Entertainment Devices
12.6.2 Communications Devices
12.6.3 Home Appliances
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Consumer Electronics Repair and Maintenance Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Consumer Electronics Repair and Maintenance Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Consumer Electronics Repair and Maintenance Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Consumer Electronics Repair and Maintenance Market Size Forecast by Type
13.6.1 Entertainment Devices
13.6.2 Communications Devices
13.6.3 Home Appliances
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Consumer Electronics Repair and Maintenance Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Consumer Electronics Repair and Maintenance Market: Competitive Dashboard
14.2 Global Consumer Electronics Repair and Maintenance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mendtronix
14.3.2 The Cableshoppe
14.3.3 Redington Services
14.3.4 Electronix Services
14.3.5 B2X Care Solutions
14.3.6 Encompass Parts
14.3.7 uBreakiFix
14.3.8 iCracked
14.3.9 Moduslink Global Solutions
14.3.10 Quest International
