Earlier to the COVID-19 pandemic, a modest growth rate in the electronics market was witnessed globally. After the pandemic, the global electronics industry has faced a dual impact. The production facilities of the electronics parts have been halted owing to the logistics slowdown and unavailability of the workforce across the globe. On the other hand, various e-commerce companies all across the globe have discontinued the delivery of non-essential items (including most of the electronics products), which is affecting the electronics industry.
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Some of the major companies in the electronics companies to get affected due to COVID-19 include Apple Inc., Toshiba Corp., Qualcomm Technologies, Inc., OmniVision Technologies Inc., Micron Technology, Inc., Intel Corp., Samsung Electronics Co., Ltd., ADATA Technology Co., Ltd., and so on. The market players are taking the necessary steps in order to reduce the adverse impact of this crisis. For instance, Apple Inc. delayed the launch of the iPhone 9 due to this pandemic outbreak in China. The company also announced that it would not meet previously announced sales projections for the first quarter. Both Hyundai and Nissan have announced production suspension in the South Korean plant due to the delay of the electronics parts.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
- By Product
- DRAM
- SSD
- MCP
- Processor
- Image Sensor
- Others
By Application
- Automotive
- Communication Equipment
- Enterprise System
- Industrial
- Personal Electronics
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Companies Covered
- Apple Inc.
- Toshiba Corp.
- Qualcomm Inc.
- OmniVision Technologies Inc.
- Micron Technology, Inc.
- SK Hynix, Inc.
- Intel Corp.
- Samsung Electronics Co., Ltd.
- ADATA Technology Co., Ltd.
- Advanced Micro Devices, Inc.
- Broadcom Inc.
- Taiwan Semiconductor Manufacturing Co., Ltd.
- Texas Instruments Inc.
- Nvidia Corp.
- Panasonic Corp.
- Sony Corp.
- NXP Semiconductors N.V.
The Report Covers
- Comprehensive research methodology of the global electronics industry.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global electronics industry.
- Insights about market determinants that are stimulating the global electronics industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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