Electronic products market is anticipated to grow at a CAGR of 12.7% during the forecast period (2024-2031). An increase in the use of smart TVs, smart wearables, smartphones, and tablets, with integrated AI technology drives the growth of the electronic product market. The growing adoption of AI features to turn household appliances and electronic products into smart machines that control and optimize their own functionality is the key factor supporting the growth of the market globally. According to the United States International Trade Commission (USITC), in 2021, electric product imports from China, Taiwan, Thailand, and South Korea. Within this digest, the largest increases were in laptop computers and processors, up $10.6 billion or 26.4%. Voice-activated electronic technology has become increasingly prevalent in recent years, with products such as smart speakers and virtual assistants quickly gaining popularity among users. For instance, in March 2021, Simbo.ai launched SimboAlpha, its flagship cloud-based application programming interface (API) platform that enables health tech stakeholders to voice-based electronic medical records (EMR).
To Request a Sample of our Report on Electronic Products Market: https://www.omrglobal.com/request-sample/electronic-products-market
Electronic Product Market Segmentation
By Type
- Audio and Video Equipment
- Semiconductor
By Mode of Sales
- Offline
- Online
By Sales Channel
- Original Equipment Manufacturer (OEM)
- Aftermarket
By End-Users
- Business to Business (B2B)
- Business to Customer (B2C)
A full Report of Electronic Products Market is Available @ https://www.omrglobal.com/industry-reports/electronic-products-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Johnson & Johnson
- Sony Corp.
- Electrolux AB
- Apple Inc.
- HP Development Company, L.P.
- Huawei Technologies Co., Ltd.
- Teledyne Technologies
- Allied Vision Technologies GmbH
- Texas Instruments Incorporated
- Intel Corp.
- Baumer Group
- Jai Corp.
- MediaTek, Inc.
- Novartis AG.
- Medtronic PLC.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/electronic-products-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
