Global Electronic Equipment Manufacturers Market Size and Growth Trends
The global electronic equipment manufacturers sector is a growing market that has been driven by increasing demand for electronic products in various industries such as industrial, automotive, aerospace, medical, and consumer segments. According to a report by Research and Markets, the market had total revenues of $1,415.2 million in 2010, representing a compound annual growth rate (CAGR) of 1% for the period spanning 2006-2010. The sector is expected to accelerate, with an anticipated CAGR of 8.5% for the five-year period 2010 - 2015.
Key Takeaways:
- The global electronic equipment manufacturers sector had total revenues of $1,415.2 million in 2010, marking a CAGR of 1% for the period 2006-2010.
- The sector is forecast to accelerate, with an anticipated CAGR of 8.5% for the five-year period 2010 - 2015.
- Leading players in the market include Cisco Systems, LG Electronics, Nokia Corporation, and Sony Corporation.
- The electronic equipment manufacturers sector is defined as the value of electronic equipment produced for various applications in the industrial, automotive, aerospace, medical, and consumer segments.
- The market is expected to grow due to increasing demand for electronic products in various industries.
Statistics:
- Total revenues: $1,415.2 million (2010)
- Compound Annual Growth Rate (CAGR): 1% (2006-2010)
- Forecasted CAGR: 8.5% (2010-2015)
- Leading players: Cisco Systems, LG Electronics, Nokia Corporation, and Sony Corporation
Sources:
- Research and Markets (http://www.researchandmarkets.com/research/1e4da8/global_electronic)
- Global Electronic Equipment Manufacturers (Report edited by Research and Markets, 2010)