New Study: Wearable Electronics in Israel

Wearable electronics is an extremely new product category in Israel and only the earliest adopters have already purchased wearable electronics. Consumers are generally excited about these products however, and they are willing to purchase wearable devices. However, the availability of these products remains is currently low and prices are very high and the combination of these factors continue to suppress sales.

Competitive Landscape

Brimag Communication Ltd led sales of passive wearable electronics in 2015. This was due to the strong perceived quality of its LG brand. Baras Electra Solar Communication Ltd, meanwhile, experienced a 15 percentage point increase in its volume share in 2015 after Sony, another brand associated with high quality, launched wearable electronics in Israel during the year. There were no local manufacturers of wearable electronics in 2015. All of the products in the category are manufactured by foreign or multinational companies and imported for retail distribution.

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Industry Prospects

Over the forecast period, wearable electronics are expected to undergo very strong volume growth. Consumers are generally interested in this technology, but have not yet had the opportunity to test it out. As prices decrease with competition and availability increases, consumption is likely to grow rapidly.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in Israel with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Wearable Electronics industry in Israel, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wearable Electronics in Israel market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Wearable Electronics in Israel?
* What are the major brands in Israel?
* What is the growth rate for Wearable Electronics in Israel?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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