Taiwan is a mature devices market with high penetration in most device categories, including smartphones and tablets, and consequently its gr owth potential is smaller than those of emerging ma rkets in the region. However, the medium- term forecast, with a CAGR of 3.5% over 2016-2020, is an improvement over 2014-2015 with the economy expected to strengthen, while product trends in the computer hardware and AV segments turn positive. We identify the most prominent opportunity as premium dev ice sales - ie flagship smartphones and tablets, hybri d notebooks and Ultra-HD TV sets - based on our analysis of household income trends, which will go some way in compensating for the wider limitations posed by saturation.
Latest Updates & Industry Developments
Computer Hardware Sales: USD2.2bn in 2016 to USD2.6bn in 2020, a compound annual growth rate (CAGR) of 4.1%. A stabilisation of the tablet market after the initial boom and pent-up upgrade demand in traditional form factor market are both positive for demand growth, particularly in the context of rising incomes.
AV Sales: USD1.2bn in 2016 to USD1.4bn in 2020, a CAGR of 3.2%. Smart and Ultra-HD TV set upgrades will counteract saturation and price erosion in the core flat-panel TV set market, while the cannibalisation of digital camera sales is set to slow with smartphone ownership already widespread by 2016. The market will not however return to previous highs, and is forecast to be 29% below 2012 peak even in 2020.
Handset Sales: USD2.1bn in 2016 to USD2.4bn in 2020, a CAGR of 2.9%. The smartphone upgrade growth engine will extinguish over the medium term as ownership becomes ubiquitous, but stronger demand for flagships will provide some growth momentum as incomes rise at the high end in Taiwan over 2016-2020.
Full Report Details at
- http://www.fastmr.com/prod/1132718_taiwan_consumer_electronics.aspx?afid=301
The Taiwan Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Taiwan.
BMI Research'sTaiwan Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Taiwan.
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New Market Report: Taiwan Consumer Electronics Report Q2 2016
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001