The India, Brazil, U.S., consumer electronics repair and maintenance market size was valued at $3,753.5 million in 2020, and is projected to reach $4,751.1 million by 2030, registering a CAGR of 2.0% from 2021 to 2030. Improvement in economic conditions and increase in disposable income are substantial factors that propel the growth of the consumer electronics repair and maintenance market. Improved lifestyle and rise in buying power of consumers are the major reasons, which have encouraged the consumer purchase electronic goods such as PCs, washing machines, refrigerators, smartphones, and others. Moreover, consumer electronic goods find lucrative scope in the niche market such as medical, industrial, aerospace, and others. Furthermore, there is increase in the personal laptop users since last few years over the world along with these countries.
The demand for on-demand service has increased which has made the aggregator role crucial in across various industries with the increase in e-commerce in India, Brazil and U.S. Moreover, role of online aggregators enable users to book services such as repair and maintenance of consumer electronics. Furthermore, there has been a significant increase in the role of online aggregators during the pandemic period owing to application of work from home across the globe. In addition, in India, UrbanClap, which is an online marketplace for local services provides the facility to book aggregator through the online medium. This aggregator provides services such as repair & maintenance of consumer electronics, homecare & design, pest control, packers & movers and others to the customers. Moreover, this type of company gives the facility to book aggregator through the online medium. Thus, increase in trend of online aggregators has further augmented the growth of the consumer electronics repair and maintenance market. However, the recent outbreak of coronavirus has significantly impacted the India, Brazil, U.S., consumer electronics repair and maintenance market along with all stages of supply chain and value chain. It has further affected consumer behavior with regards to purchase of consumer electronics globally.
The India, Brazil, U.S., consumer electronics repair and maintenance industry is segmented on the basis of equipment type, end user, service type, and market type. By equipment type, the market is divided into mobile, PC, washing machine, refrigerator, TV, AC, kitchen appliances and others. By end user, the market is bifurcated into residential and commercial. By service type, the market is categorized into in-warranty and out of warranty. By market type, the market is classified into organized and unorganized. Country wise, the market is studied across India, Brazil, and the U.S.
The key players profiled in the report include American Home Shield ProConnect, Asurion, LLC, Best Buy Co., Inc., B2X Care Solutions GmbH, CNS Brasil Informática LTDA, Complete Appliance Protection, Inc., Fixt Inc., OneCall India, Onsitego, and Urbanclap Technologies India Private Limited.
The demand for on-demand service has increased which has made the aggregator role crucial in across various industries with the increase in e-commerce in India, Brazil and U.S. Moreover, role of online aggregators enable users to book services such as repair and maintenance of consumer electronics. Furthermore, there has been a significant increase in the role of online aggregators during the pandemic period owing to application of work from home across the globe. In addition, in India, UrbanClap, which is an online marketplace for local services provides the facility to book aggregator through the online medium. This aggregator provides services such as repair & maintenance of consumer electronics, homecare & design, pest control, packers & movers and others to the customers. Moreover, this type of company gives the facility to book aggregator through the online medium. Thus, increase in trend of online aggregators has further augmented the growth of the consumer electronics repair and maintenance market. However, the recent outbreak of coronavirus has significantly impacted the India, Brazil, U.S., consumer electronics repair and maintenance market along with all stages of supply chain and value chain. It has further affected consumer behavior with regards to purchase of consumer electronics globally.
The India, Brazil, U.S., consumer electronics repair and maintenance industry is segmented on the basis of equipment type, end user, service type, and market type. By equipment type, the market is divided into mobile, PC, washing machine, refrigerator, TV, AC, kitchen appliances and others. By end user, the market is bifurcated into residential and commercial. By service type, the market is categorized into in-warranty and out of warranty. By market type, the market is classified into organized and unorganized. Country wise, the market is studied across India, Brazil, and the U.S.
The key players profiled in the report include American Home Shield ProConnect, Asurion, LLC, Best Buy Co., Inc., B2X Care Solutions GmbH, CNS Brasil Informática LTDA, Complete Appliance Protection, Inc., Fixt Inc., OneCall India, Onsitego, and Urbanclap Technologies India Private Limited.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the India, Brazil, U.S., consumer electronics repair and maintenance market analysis from 2020 to 2030 to identify the prevailing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the India, Brazil, U.S., consumer electronics repair and maintenance market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global India, Brazil, U.S., consumer electronics repair and maintenance market trends, key players, market segments, application areas, and market growth strategies.
KEY MARKET SEGMENTS
By Equipment Type
- Mobiles
- PC
- Washing Machine
- Refrigerators
- TV
- AC
- Kitchen Appliances
- Others
By End Users
- Residential
- Commercial
By Service Type
- In-warranty
- Out of Warranty
By Market Type
- Organized
- Unorganized
By Country
- Brazil
- India
- U.S.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: INDIA, BRAZIL, U.S., CONSUMER ELECTRONICS REPAIR AND MAINTENANCE MARKET, BY EQUIPMENT TYPE
CHAPTER 5: INDIA, BRAZIL, U.S. CONSUMER ELECTRONICS REPAIR AND MAINTENANCE MARKET, BY END USER
CHAPTER 6: INDIA, BRAZIL, U.S., CONSUMER ELECTRONICS REPAIR AND MAINTENANCE MARKET, BY SERVICE TYPE
CHAPTER 7: INDIA, BRAZIL, U.S., CONSUMER ELECTRONICS REPAIR AND MAINTENANCE MARKET, BY MARKET TYPE
CHAPTER 8: INDIA, BRAZIL, U.S., CONSUMER ELECTRONICS REPAIR AND MAINTENANCE MARKET, BY COUNTRY
CHAPTER 9: COMPETITION LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- American Home Shield Proconnect
- Asurionllc
- Best Buy Co.Inc.
- B2X Care Solutions Gmbh
- Cns Brasil Informática Ltda
- Complete Appliance Protection
- Fixt Inc.
- Onecall India
- Onsitego,
- Urbanclap Technologies India Private Limited
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 158 |
| Published | December 2021 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 3753.5 million |
| Forecasted Market Value ( USD | $ 4751.1 million |
| Compound Annual Growth Rate | 2.4% |
| Regions Covered | Brazil, India, United States |
| No. of Companies Mentioned | 10 |
