United Kingdom Consumer Electronics Report - Business Monitor International - Industry Reports

United Kingdom Consumer Electronics Report

United Kingdom Consumer Electronics Report - Business Monitor International - Industry Reports
United Kingdom Consumer Electronics Report
Published Aug 30, 2016
59 pages — Published Aug 30, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The UK consumer electronics market was already forecast to contract in ---- - and had only a modest growth outlook over the medium term - due to the maturity of the market and weak middle class income growth momentum. Brexit has exacerbated this negative impact and we now forecast total device spending will contract by --.- in ---- to USD--.-bn. ...The immediate negative impact of Brexit on the devices market via higher prices following the depreciation of sterling is already evident. Electronics are traded globally in USD and as such increased component and part costs faced by vendors will filter through to higher prices, especially in the areas of the market where margins are narrowest and so the scope for costs to be absorbed by vendors that may see an opportunity to grab market share is limited. The TV and PC markets both have very narrow margins after several years of ...Electronics are traded globally in USD and as such increased component and part costs faced by vendors will filter through to higher prices, especially in the areas of the market where margins are narrowest and so the scope for costs to be absorbed by vendors that may see an opportunity to grab market share is limited. The TV and PC markets both have very narrow margins after several years of

...Computer Hardware Sales: USD--.-bn in ---- to USD--.-bn in ----, a CAGR of -.- in US dollar terms. The growth outlook was already subdued as a result of the peak in tablet first time buyers having passed, but Brexit made us downgrade the outlook for both --------- when price rises will result in deferred replacement purchases. AV And Gaming Sales: USD-.-bn in ---- to USD-.-bn in ----, a CAGR of --.- . A mature TV set market was expected to be boosted by UHD upgrades, but with price rises the short-term outlook is weak for non-essential purchases, though tariff reductions could catalyse UHD upgrades over the medium term if Chinese vendors intensify price competition. Mobile Handset Sales: USD--.-bn in ---- to USD--.-bn in ----, a CAGR of -.- . ...Mobile Handset Sales: USD--.-bn in ---- to USD--.-bn in ----, a CAGR of -.- . Higher margins in the handset segment should mean it is the most insulated from sterling depreciation, but this is largely restricted to the premium segment and mid-range Android vendors will have to pass on higher costs to consumers.

...BMI View: The UK Brexit referendum result produced a sharp depreciation of sterling against the US dollar, as a consequence of which we have downgraded the outlook for consumer electronics device sales in ---- and over the medium term. Several vendors announced device price rises in the weeks following Brexit, and we expect more to follow in all three segments, but with the PC and AV categories forecast to be worst effected where margins are narrowest so the scope for absorbing cost increases are most limited. ...

  
Source:
Document ID
2058-6590
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "United Kingdom Consumer Electronics Report" Aug 30, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-Kingdom-Consumer-Electronics-Report-2026-1826>
  
APA:
Business Monitor International - Industry Reports. (2016). United Kingdom Consumer Electronics Report Aug 30, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-Kingdom-Consumer-Electronics-Report-2026-1826>
  
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