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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Geographically, the market is analyzed into North America, Europe, Asia-Pacific, and the Rest of the World. China has been hit hard by this spread of the virus as the country is an epicenter of the COVID-19. Not only China, several major economies including the US, Italy, France, Spain, Germany, and India are also affected by the COVID-19 outbreak and so is their electronic industry. Research by the American Chamber of Commerce in Shanghai (AmCham Shanghai) found that two-thirds of US businesses operating in China expect demand to be lower as a result of COVID-19 due to lack of sufficient staff. The shutdown of retail shops and showrooms of major brands, supermarkets, and hypermarkets for a definite period of time is further anticipated to affect the sales of various electronics products.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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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