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Consumer Electronics Repair and Maintenance Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939620
The consumer electronics repair and maintenance market size has grown steadily in recent years. It will grow from $8.69 billion in 2023 to $8.94 billion in 2024 at a compound annual growth rate (CAGR) of 2.9%. Historical growth can be attributed to several factors, including a rise in disposable income, heightened environmental awareness regarding e-waste, the expansion of e-commerce in the consumer electronics sector, increased internet accessibility, robust economic growth in emerging markets, and the growing prevalence of television usage.

The consumer electronics repair and maintenance market size is expected to see steady growth in the next few years. It will grow to $9.88 billion in 2028 at a compound annual growth rate (CAGR) of 2.5%. Forecasted growth stems from rising equipment failure rates favoring repairs, increased government e-waste regulations, higher adoption of electronic devices and IoT, demand for refurbished products, elevated initial purchase costs, uncertain consumer demand, and a growing sustainability focus. Trends include IoT integration for operational efficiency, augmented reality implementation, and strategic mergers for financial stability and improved performance.

The consumer electronics repair and maintenance market is poised for growth, driven by an upsurge in equipment failure rates and the cost benefits associated with repairing old devices rather than replacing them. The market experiences a constant influx of branded and non-branded low-cost products, which often require repair due to poor material quality or regular wear and tear. A notable shift in company strategies involves designing products that are easily repairable. Addressing issues in gadgets through repair is considered a cost-effective alternative to purchasing new ones, thereby fostering customer trust. Companies providing repair manuals, spare parts, and guidance on product fixing are gaining customer preference. Apple's initiative to assemble older iPhones in India, along with entities such as iFixit and Repair Cafe, fostering collaborative repair efforts, underscores this trend. The European Commission's discussion of eco-design regulations for smartphones, emphasizing access to spare parts and repair information, further supports the growth of the consumer electronics repair and maintenance market.

The burgeoning adoption of smartphones is set to propel the consumer electronics repair and maintenance market. Smartphones, combining mobile phone functionality with advanced features akin to personal computers, are highly portable but prone to various types of damage, including screen cracks, water damage, and battery issues. The resultant increase in repair needs creates a consistent demand for maintenance and repair services. Notably, a report by Uswitch Limited in February 2023 revealed that there were 71.8 million active mobile connections in the UK in 2022, marking a 3.8% increase from 2021. The projection of 68.3 million people in the UK by 2025, with 95% owning smartphones, underscores the escalating adoption of smartphones as a key driver for the growth of the consumer electronics repair and maintenance market.

Consumer electronics repair and maintenance service providers are strategically incorporating augmented reality (AR) into their procedures. AR enhances reality by combining direct and indirect views of physical environments with computer-generated images, providing users with an enriched view of the real world. AR-based repair and maintenance procedures offer real-time digital information, empowering users with step-by-step instructions for asset repair. A notable example is Dell, a US-based technology company, which introduced the 2022 AR Assistant app. This app utilizes augmented reality to guide users through step-by-step, at-home repairs or replacements for over 97 different systems in 7 languages. The AR Assistant app leverages mixed reality and informational overlays on the device being repaired, utilizing a smartphone camera. Its augmented clone technology further enhances the repair experience by displaying a cloned server in any desired space, facilitating a 360-degree interaction with a high degree of realism. This approach not only simplifies at-home repairs but also contributes to waste reduction, making the repair process less stressful for users.

Major players in the consumer electronics repair and maintenance market are actively developing new products and services to cater to larger customer bases, drive more sales, and increase revenue. Repair services focus on rectifying items that have experienced problems or damage, while maintenance services concentrate on keeping items in good working order through regular upkeep and preventive measures. For instance, Apple, a leading US-based technology company, launched the Self-Service Repair program in November 2021. This innovative program allows consumers who are confident in handling their own repairs to access Apple's original tools and parts. The initial phase of the program focuses on the most frequently repaired modules, including the iPhone's camera, battery, and display. The Self-Service Repair program is designed for individual specialists who possess knowledge and skills in fixing electronic devices.

Major companies operating in the consumer electronics repair and maintenance market report are Redington, uBreakiFix, B2X CARE SOLUTIONS GMBH, Encompass Supply Chain Solutions Inc., Onsitego, The Allstate Corporation, Global Electronic Services Inc., Electronix Services, MicroFirst Gaming Inc., Quest International Inc., Serviceman India, Urban Company, Star Electronics Service, Kanto Camera Service, CND Electronic Technology (Shenzhen) Co. Ltd., Anhui LeedeTech Co. Ltd., Shenzhen Xieyuanxin Optoelectronics Co. Ltd., Moduslink, Repair World Direct, Square Trade, The IRP company, Feba Electronics Repair Service, Mendtronix Inc., The Cableshoppe Inc.

Western Europe was the largest region in the consumer electronics repair and maintenance market share in 2023. Asia-Pacific was the second-largest region in the global consumer electronics repair and maintenance market. The regions covered in the consumer electronics repair and maintenance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the consumer electronics repair and maintenance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain. The consumer electronics repair and maintenance market consists of revenues earned by entities engaged in repairing and maintaining consumer electronics, such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The primary categories of consumer electronics repair and maintenance cover loudspeakers, sound bars, microphones, amplifiers, mixers, music players, televisions, video players, and cameras. Microphones serve the purpose of converting sound waves into electrical signals or recording them onto a medium. Services offered include in-warranty and out-of-warranty repairs, utilized across diverse sectors including industrial, commercial, and residential settings.

The consumer electronics repair and maintenance market research report is one of a series of new reports that provides consumer electronics repair and maintenance market statistics, including consumer electronics repair and maintenance industry global market size, regional shares, competitors with a consumer electronics repair and maintenance market share, detailed consumer electronics repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the consumer electronics repair and maintenance industry. This consumer electronics repair and maintenance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Consumer Electronics Repair and Maintenance Market Characteristics3. Consumer Electronics Repair and Maintenance Market Trends and Strategies
4. Consumer Electronics Repair and Maintenance Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Consumer Electronics Repair and Maintenance Market Size and Growth
5.1. Global Consumer Electronics Repair and Maintenance Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Consumer Electronics Repair and Maintenance Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Consumer Electronics Repair and Maintenance Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Consumer Electronics Repair and Maintenance Market Segmentation
6.1. Global Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Loudspeakers and Sound Bars
  • Microphones
  • Amplifiers and Mixers
  • Music players and other devices
  • Televisions
  • Video Players
  • Video Cameras.
6.2. Global Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • in-warranty
  • Out of Warranty
6.3. Global Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Industrial and commercial
  • Residential
7. Consumer Electronics Repair and Maintenance Market Regional and Country Analysis
7.1. Global Consumer Electronics Repair and Maintenance Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Consumer Electronics Repair and Maintenance Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Consumer Electronics Repair and Maintenance Market
8.1. Asia-Pacific Consumer Electronics Repair and Maintenance Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Consumer Electronics Repair and Maintenance Market
9.1. China Consumer Electronics Repair and Maintenance Market Overview
9.2. China Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Consumer Electronics Repair and Maintenance Market
10.1. India Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Consumer Electronics Repair and Maintenance Market
11.1. Japan Consumer Electronics Repair and Maintenance Market Overview
11.2. Japan Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Consumer Electronics Repair and Maintenance Market
12.1. Australia Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Consumer Electronics Repair and Maintenance Market
13.1. Indonesia Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Consumer Electronics Repair and Maintenance Market
14.1. South Korea Consumer Electronics Repair and Maintenance Market Overview
14.2. South Korea Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Consumer Electronics Repair and Maintenance Market
15.1. Western Europe Consumer Electronics Repair and Maintenance Market Overview
15.2. Western Europe Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Consumer Electronics Repair and Maintenance Market
16.1. UK Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Consumer Electronics Repair and Maintenance Market
17.1. Germany Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Consumer Electronics Repair and Maintenance Market
18.1. France Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Consumer Electronics Repair and Maintenance Market
19.1. Italy Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Consumer Electronics Repair and Maintenance Market
20.1. Spain Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Consumer Electronics Repair and Maintenance Market
21.1. Eastern Europe Consumer Electronics Repair and Maintenance Market Overview
21.2. Eastern Europe Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Consumer Electronics Repair and Maintenance Market
22.1. Russia Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Consumer Electronics Repair and Maintenance Market
23.1. North America Consumer Electronics Repair and Maintenance Market Overview
23.2. North America Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Consumer Electronics Repair and Maintenance Market
24.1. USA Consumer Electronics Repair and Maintenance Market Overview
24.2. USA Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Consumer Electronics Repair and Maintenance Market
25.1. Canada Consumer Electronics Repair and Maintenance Market Overview
25.2. Canada Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Consumer Electronics Repair and Maintenance Market
26.1. South America Consumer Electronics Repair and Maintenance Market Overview
26.2. South America Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Consumer Electronics Repair and Maintenance Market
27.1. Brazil Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Consumer Electronics Repair and Maintenance Market
28.1. Middle East Consumer Electronics Repair and Maintenance Market Overview
28.2. Middle East Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Consumer Electronics Repair and Maintenance Market
29.1. Africa Consumer Electronics Repair and Maintenance Market Overview
29.2. Africa Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Consumer Electronics Repair and Maintenance Market Competitive Landscape and Company Profiles
30.1. Consumer Electronics Repair and Maintenance Market Competitive Landscape
30.2. Consumer Electronics Repair and Maintenance Market Company Profiles
30.2.1. Redington
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. uBreakiFix
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. B2X CARE SOLUTIONS GMBH
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Encompass Supply Chain Solutions Inc
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Onsitego
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Consumer Electronics Repair and Maintenance Market Other Major and Innovative Companies
31.1. The Allstate Corporation
31.2. Global Electronic Services Inc.
31.3. Electronix Services
31.4. MicroFirst Gaming Inc.
31.5. Quest International Inc.
31.6. Serviceman India
31.7. Urban Company
31.8. Star Electronics Service
31.9. Kanto Camera Service
31.10. CND Electronic Technology (Shenzhen) Co. Ltd
31.11. Anhui LeedeTech Co. Ltd.
31.12. Shenzhen Xieyuanxin Optoelectronics Co. Ltd.
31.13. Moduslink
31.14. Repair World Direct
31.15. Square Trade
32. Global Consumer Electronics Repair and Maintenance Market Competitive Benchmarking33. Global Consumer Electronics Repair and Maintenance Market Competitive Dashboard34. Key Mergers and Acquisitions in the Consumer Electronics Repair and Maintenance Market
35. Consumer Electronics Repair and Maintenance Market Future Outlook and Potential Analysis
35.1 Consumer Electronics Repair and Maintenance Market in 2028 - Countries Offering Most New Opportunities
35.2 Consumer Electronics Repair and Maintenance Market in 2028 - Segments Offering Most New Opportunities
35.3 Consumer Electronics Repair and Maintenance Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Consumer Electronics Repair and Maintenance Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on consumer electronics repair and maintenance market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for consumer electronics repair and maintenance? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Loudspeakers and Sound Bars, Microphones, Amplifiers and Mixers, Music players and other devices, Televisions, Video Players, Video Cameras
2) By Service Type: In-warranty; Out of Warranty
3) By End-user: Industrial and commercial; Residential

Key Companies Mentioned: Redington; uBreakiFix; B2X CARE SOLUTIONS GMBH; Encompass Supply Chain Solutions Inc; Onsitego

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Redington
  • uBreakiFix
  • B2X CARE SOLUTIONS GMBH
  • Encompass Supply Chain Solutions Inc
  • Onsitego
  • The Allstate Corporation
  • Global Electronic Services Inc.
  • Electronix Services
  • MicroFirst Gaming Inc.
  • Quest International Inc.
  • Serviceman India
  • Urban Company
  • Star Electronics Service
  • Kanto Camera Service
  • CND Electronic Technology (Shenzhen) Co. Ltd
  • Anhui LeedeTech Co. Ltd.
  • Shenzhen Xieyuanxin Optoelectronics Co. Ltd.
  • Moduslink
  • Repair World Direct
  • Square Trade
  • The IRP company
  • Feba Electronics Repair Service
  • Mendtronix Inc.
  • The Cableshoppe Inc.

Methodology

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