BusinesstoBusiness Electronic Global Market Report 2023 – By Deployment Type (SupplierOriented, BuyerOriented, IntermediaryOriented), By Application (Home And Kitchen, Consumer Electronics, Healthcare, Clothing, Beauty And Personal Care, Sports Apparels, Automotive, Other Applications), By End Users (Network as a Service (NAAS), Data as a Service (DAAS), Storage as a Service (STAAS), Backend as a Service (BAAS)) – Market Size, Trends, And Global Forecast 2023-2032

Semiconductors are materials that have an electrical conductivity falling between a conductor and an insulator. Semiconductors devices are components made out of material that is neither a good conductor nor a good insulator. They are useful because their behaviour can be easily manipulated by the addition of impurities, known as doping. The conductivity of the device can be controlled, by exposure to heat, by introducing an electric or magnetic field, or by mechanical deformation. These devices have wide applications in power devices, light emitters, lasers, and optical sensors due to their reliability and compactness. The main types of semiconductors and related devices are intrinsic semiconductors and extrinsic semiconductors. Intrinsically, semiconductors are chemically pure semiconductors, that is, free of impurities. The number of holes and electrons is thus determined by the material's properties rather than by impurities. The various products include integrated circuits, memory chips, microprocessors and others that are used by information technology, aerospace & defense, consumer electronics, automotive, healthcare, and other end users. The global semiconductor and related devices market is segmented - 1) By Product Type: Integrated Circuits, Memory Chips, Microprocessors, Other Product Types 2) By End-Use Industry: Information Technology, Aerospace & Defense, Consumer Electronics, Automotive, Healthcare, Other End-Users 3) By Type: Intrinsic Semiconductor, Extrinsic Semiconductor The global semiconductor and related devices market size will grow from $567.16 billion in 2022 to $617.36 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global semiconductor and related devices is expected to grow to $838.35 billion in 2027 at a CAGR of 7.9%. The rising penetration of mobiles, tablets, and other electronics and rising data consumption drive the semiconductors and related devices market. An increase in sales of electronic devices such as smartphones and tablets lead to an increase in the generation and consumption of digital content and requires memory chips to store data. For example, the total number of smartphone devices across the world reached 6 billion in 2020, i.e., eight people out of 10 own a smartphone in 2020, eventually driving the revenues of semiconductors manufacturing companies. Therefore, the increasing use of smartphones is expected to drive the growth of semiconductor and related devices market. Major players in the semiconductor and related devices market are Intel, Qualcomm, Samsung Semiconductor, Broadcom, Taiwan Semiconductor Manufacturing Company Limited, NXP Semiconductors N.V., STMicroelectronics N.V., SK Hynix, Micron, and MediaTek. The corruption of memory chips restrains the growth of the semiconductor and related devices market. The corruption of the memory chip leads to the loss of all the data stored in the memory cards. Sudden power surges, formatting, virus attacks, and sudden removal of memory cards from any device are some common factors responsible for the corruption of memory cards. Additionally, reasons such as uploading and deleting files rapidly when the card is full and capturing photos when the camera is on a low battery could lead to the corruption of the memory card ultimately leading to the loss of the data stored in the chip. Therefore, the risk of losing data due to the corruption of memory chips hampers the growth of the semiconductor and related devices market. Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increasing the speed of processors. For instance, Samsung Electronics announced the mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally have the fastest data write speed at 500 microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the semiconductor and related devices market. In August 2021, Renesas Electronics Corporation, a Japan-based semiconductor manufacturing company, acquired Dialog Semiconductors for an undisclosed amount. Through this acquisition, Renesas is able to extend its go-to-market initiatives and provide seamless and borderless services to customers across the globe. Dialog Semiconductors is a UK-based manufacturer of semiconductors and related devices. Asia-Pacific was the largest region in the semiconductor and related devices market in 2022. North America was the second-largest region in the global semiconductor and related devices market share. The regions covered in the global semiconductor and related devices market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the semiconductor and related devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The semiconductor and related devices market consists of sales of analog integrated circuits, digital integrated circuits, mixed-signal integrated circuits, volatile memory chips, non-volatile memory chips, desktop microprocessors, mobile microprocessors, performance microprocessors, fuel cells, infrared sensors, diodes, silicon waveguides, thyristors, transistors, wafers, and other semiconductor and related devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The semiconductor and related devices market research report is one of a series of new reports from The Business Research Company that provides semiconductor and related devices market statistics, including semiconductor and related devices industry global market size, regional shares, competitors with semiconductor and related devices market share, detailed semiconductor and related devices market segments, market trends and opportunities, and any further data you may need to thrive in the semiconductor and related devices industry. This semiconductor and related devices 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 navigational, measuring, electro-medical, and control instrument helps to navigate, assess, monitor, and regulate the efficiencies of electrical inputs, and outputs in real time. The main types of navigational, measuring, electromedical, and control instruments are search, detection, and navigation instruments, automatic environmental control, industrial process variable instruments, totalizing fluid meter and counting device, electricity, and signal testing instruments, analytical laboratory instrument, watch, clock, measuring device and magnetic and optical media. Industrial process variable instruments are used to measure and control process variables within a production or manufacturing area. Level, pressure, temperature, humidity, flow, pH, force, speed, and other process variables are used in industries. The instruments are sold through OEM, and aftermarket sales channels and are used for medical, electronic, oil & gas, consumer goods, chemicals, and other applications. The global navigational, measuring, electro medical and control instruments market is segmented - 1) By Type: Search, Detection, And Navigation Instruments, Automatic Environmental Control, Industrial Process Variable Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring Device, Magnetic And Optical Media 2) By Application: Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals, Other Applications 3) By Sales Channel: OEM, Aftermarket The global navigational, measuring, electro medical and control instruments market size grew from $643.2 billion in 2022 to $700.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The navigational, measuring, electro medical and control instruments market is expected to grow to $956.74 billion in 2027 at a CAGR of 8.1%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster products and applications. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products such as navigational, measuring, electromedical, and control instruments which will ultimately drive the navigational, measuring, electro medical and control instruments market growth during the forecast period. Major companies in the navigational, measuring, electro medical and control instruments market include Thermo Fisher Scientific, Siemens AG, Apple, Honeywell International Inc., Schneider Electric SE, Compagnie Financiere Richemont SA, Agilent Technologies, Inc., Hexagon AB, Emerson Electric Co, the swatch group. Rising sustainability issues and stringent new regulation standards are compelling navigational, measuring, electromedical, and control instruments manufacturers to review the entire environmental impact of their products, from the use of harmful chemicals in manufacturing, energy consumption during consumer use to waste disposal at the end of the product's life. These rising new regulation standards are likely to be a major hindrance to navigational, measuring, electro medical and control instruments industry, especially for multinational organizations that have to keep up with different regulatory standards across different regions. New advancements in smartwatches using AI are one of the latest trends in the navigational, measuring, electro medical and control instruments market. Smartwatches equipped with additional features such as AI are gaining popularity among watch users. An AI-enabled smartwatch is a wearable device that offers various features to its users such as calculations, translations, messaging, and health tracking, and is directly connected to the internet. The AI-enabled smartwatch uses sensors to detect the electrical signals given by the wearer's heart and can monitor blood pressure, can analyse the glucose levels of a patient. For instance, in 2020, PKvitality, a French-based producer of bio-wearable, partnered with Beurer GmBH, a Germany-based medical product, and Well-being Company, to develop painless and discreet continuous glucose monitoring (CGM) device in the form of a smartwatch to monitor glucose levels. Asia-Pacific was the largest region in the global navigational, measuring, electro medical and control instruments market in 2022. North America was the second largest region in the navigational, measuring, electro medical and control instruments market. The regions covered in the navigational, measuring, electro medical and control instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the navigational, measuring, electro medical and control instruments market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The navigational, measuring, electro medical and control instruments market consists of sales of compasses, aeronautical and space navigation instruments, nautical navigation instruments, radio navigational aid apparatus, airflow controllers, air conditioning and refrigeration, heating and cooling system controls, heating regulators, boiler controls, buoyancy instruments, chromatographs, combustion control instruments, gas consumption meters, water consumption meters, parking meters, taxi meters, gauges for motor vehicles and equipment for collecting fare, circuit and continuity testers, volt meters, ohm meters, watt meters, multimeters, semiconductor test equipment, element analysis, separation analysis, molecular analysis, alarm clocks, clock materials and parts, time clocks, wall clocks, electrodes, level and bulk measuring instruments, nanofluidic measurement and control devices, orifice plates, blank audio tapes, blank video tapes, blank diskettes, mass duplicating (i.e., making copies) audio, video, software, and other navigational, measuring, electro medical and control instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The navigational, measuring, electro medical and control instruments market research report is one of a series of new reports from The Business Research Company that provides navigational, measuring, electro medical and control instruments market statistics, including navigational, measuring, electro medical and control instruments industry global market size, regional shares, competitors with a navigational, measuring, electro medical and control instruments market share, detailed navigational, measuring, electro medical and control instruments market segments, market trends and opportunities, and any further data you may need to thrive in the navigational, measuring, electro medical and control instruments industry. This navigational, measuring, electro medical and control instruments 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.

Secondary batteries are electrical batteries that can be charged, discharged, and recharged multiple times. Secondary batteries are rechargeable batteries and are also called storage batteries. Secondary batteries are highly cost-efficient in the long term and are environmentally friendly. These are used in portable devices, electronics, and motor vehicles. The main product types of secondary batteries are lead-acid, lithium-ion (Li-ion), and nickel-metal hydride. The nickel-metal hydride (NiMH) battery is a type of rechargeable battery that is widely used in laptop computers, as well as mobile phones, camcorders, and other electronic devices. The negative electrode of a NiMH battery is made of a hydrogen-absorbing alloy and, in some cases, a variety of intermetallic compounds. Nickel-oxide hydroxide is used to make the positive electrode. The batteries are used in electronics, motor vehicles, portable devices, and other applications by automotive, household, and industrial end-users. The global secondary batteries market is segmented - 1) By Product Type: Lead Acid, Lithium-Ion (Li-Ion), Nickel Metal Hydride, Other Product Type 2) By Application: Electronics, Motor Vehicles, Portable Devices, Other Applications 3) By End User: Automotive, Household, Industrial The global secondary batteries market size will grow from $79.56 billion in 2022 to $89.32 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global secondary batteries is expected to grow to $137.69 billion in 2027 at a CAGR of 11.4%. Increasing demand for electric vehicles will positively impact the secondary batteries market. Secondary batteries are increasingly being used in hybrid vehicles. The wide temperature ranges between -30°C to +75°C and the rapid charging capacity of Nickel Metal Hybride (NiMH) batteries are ideal for the automotive sector. NiMH batteries can handle the high-power levels which are essential for electric vehicles. According to Bloomberg New Energy Finance (BNEF) report, electric vehicle sales are expected to reach 540 million by 2040, which is around 32% of the world’s passenger vehicles. Therefore, the increasing demand for electric vehicles will drive the growth of the secondary batteries market. Major players in the secondary batteries market are BYD Company Ltd., Samsung SDI Co. Ltd., LG Chem Co. Ltd., Johnson Controls, Amperex Technologies Ltd., Energizer Holdings Inc., Panasonic Corporation, Aquion Energy, Battery Technology Inc., and Beckett Energy Systems. Stringent government regulations for secondary battery manufacturing hindering the growth of the secondary battery market. The battery manufacturing process generates wastewater and releases pollutants such as cadmium, cobalt, copper, cyanide, iron, lead, manganese, mercury, nickel, and zinc The manufacturers are usually advised unless mandated to reduce the number of hazardous substances released into the environment. For instance, the USA Environmental Protection Agency (EPA) formulated the battery manufacturing effluent guidelines and standards to regulate such pollutants. Therefore, stringent government regulations hinder the secondary batteries market’s growth. Recent developments in NiMH battery manufacturing have improved the lifespan of nickel-metal hydride batteries. The electro positivity of the A-elements makes them easy to corrode in the alkaline electrolyte used in NiMH batteries. A thin protective layer is used on alloy particles to improve reaction kinetics and corrosion stability of conventional NiMH batteries. For instance, researchers at Stockholm University, a Swedish public university, have developed metal hydride surface structures for NiMH batteries to extend cycle life. In January 2020, German battery manufacturer, VARTA AG acquired the US-based Energizer Holdings, Inc.’s subsidiary, VARTA Consumer Batteries for $401 million. The acquisition will likely strengthen VARTA AG’s battery business and expand its product portfolio. VARTA Consumer Batteries manufactures and markets dry and primary batteries globally. The company was founded in 2002 and is headquartered in Ellwangen, Germany. Asia-Pacific was the largest region in the secondary batteries market in 2022. North America was the second-largest region in the global secondary batteries market share. The regions covered in the global secondary batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the secondary batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The secondary batteries market consists of sales of lithium nickel magnesium cobalt (LI-NMC), lithium ferro phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO), D-battery, C battery, A battery, AA battery, AAA battery, small-sized Ni-MH battery for consumer electronics and large-sized Ni-MH battery for HEV, motive lead-acid batteries, stationary lead-acid batteries, carbon batteries, flow batteries, glass air batteries, and other secondary batteries. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The secondary batteries market research report is one of a series of new reports from The Business Research Company that provides secondary batteries market statistics, including secondary batteries industry global market size, regional shares, competitors with a secondary batteries market share, detailed secondary batteries market segments, market trends and opportunities, and any further data you may need to thrive in the secondary batteries industry. This secondary batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

General electronic components are the devices that work within an electronic system to have an effect on their associated fields. These components have a number of electrical terminals that are connected to form an electronic circuit with a particular function, such as an amplifier or oscillator. The main product types of general electronic components are passive, active, electromechanical components, and others. An electromechanical component uses an electrical signal to cause a mechanical change, such as the rotation of a motor. A magnetic field is created by an electrical current, which causes physical movement. The products are sold through aftermarket and manufacturer/distributor/service providers and are used by aerospace, communication, automotive, and other end users. The global general electronic components market is segmented - 1) By Product Type: Passive, Active, Electromechanical components, Other Product Types 2) By End Use Industry: Aerospace, Communication, Automotive, Other End-Users 3) By Sales: Aftermarket, Manufacturer/Distributor/Service Provider The global general electronic components market size will grow from $466.61 billion in 2022 to $500.85 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global general electronic components is expected to grow to $643.93 billion in 2027 at a CAGR of 6.5%. Increasing demand for microwave tubes, cathode-ray tubes, X-ray tubes, photoelectric tubes and triodes in display devices is expected to drive the general electronic components market in the forecast period. Display devices are the output devices that offer information in visual form. Most devices are going smart nowadays, thus increasing the growth of display devices. The display devices are creating many opportunities for the growth of the electronic component market in various applications such as satellite and space technology, automotive, military applications, IoT, and others. Asia-Pacific was the major market in general electronic components with China leading the Asia-Pacific market due to the presence of the largest chip designers, chipmakers, and other critical components that are used in laptops, smartphones, and the internet of things (IoT) applications. Major players in the general electronic components market are Vishay Intertechnology, Fairchild Semiconductor, STMicroelectronics, Texas Instruments, Toshiba, NXP Semiconductors N.V., Panasonic Corporation, Renesas Electric Corporation, Hitachi, and Infineon Technologies. Due to an increase in demand for electronics components in various applications such as automotive, IoT, smart devices, and others, there is a shortage of electronic components supply, which is expected to restrain the growth of the general electronic components market in the forecast period. A mid-February 2020 IPC study reported that about 65% of electronics producers were facing component shortages. The most affected electronic components are multi-layer ceramic capacitors (MLCC), resistors, transistors, and integrated circuits. For instance, according to the market updates by investment firms such as Morgan Stanley and Stifel, the ongoing electronic component shortage appears to be getting worse. The shortage of MLCC is the most among all the electronic components with pending order requests. The adaptation of the Internet of Things (IoT) acts as a key trend driving the growth of the general electronic components market. In the past few years, the IoT has experienced a massive boom. IoT provides communication and connection between various devices, such as fitness watches, smartphones, and smart meters. General electronic components such as resistors, transistors, capacitors, and diodes are used in making smart devices, sensors, and actuators that can interconnect with each other. According to IoT Analytics, at the end of 2020, 11.7 billion (or 54%) of the 21.7 billion active linked devices globally will be IoT system connections. More than 30 billion IoT connections, or approximately 4 IoT devices per person on average, are projected to exist by 2025. Thus, indicating a high demand for IoT devices. Asia-Pacific was the largest region in the general electronic components market in 2022. North America was the second-largest region in the global general electronic components market share. The regions covered in the global general electronic components market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the general electronic components market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The general electronic components market consists of sales of resistor, capacitor, transistor, and other components. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The general electronic components market research report is one of a series of new reports from The Business Research Company that provides general electronic components market statistics, including general electronic components industry global market size, regional shares, competitors with a general electronic components market share, detailed general electronic components market segments, market trends and opportunities, and any further data you may need to thrive in the general electronic components industry. This general electronic components 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.

Electrical and electronics produce products that generate, distribute and use electrical power, or electronic products such as audio, video, and semiconductors. This market does not include computers, computer peripherals, and telecommunications equipment. The main types of electrical and electronics are electrical equipment, measuring and control instruments, and electronic products. Any apparatus, appliance, cable, conductor, fitting, insulator, material, meter, or wire that is used for controlling, generating, supplying, transforming, or transmitting electricity at a voltage greater than extra-low voltage or is powered by electricity at a voltage greater than extra-low voltage is considered as electrical equipment. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electrical and electronics market is segmented - 1) By Type: Electrical Equipment, Measuring and Control Instruments, Electronic Products 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Electric Lighting Equipment, Household Appliances, Power Generation, Transmission And Control Equipment, Batteries, Wires And Cables, Other Electrical Equipment, Electronic Products And Components, Navigational, Measuring, Electro medical And Control Instruments, Audio And Video Equipment, Semiconductor And Other Electronic Component The global electrical and electronics market size grew from $3454.94 billion in 2022 to $3739.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of electrical and electronics is expected to grow to $4986.91 billion in 2027 at a CAGR of 7.5%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electrical and electronics products. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the growth of the electrical and electronics market during the forecast period. Major companies in the electrical and electronics market include Samsung Electronics Co. Ltd., Siemens AG, LG Electronics, Taiwan Semiconductor Mfg. Co Ltd., Panasonic Corporation, Thermo Fisher Scientific, Apple, Haier Smart Home Co., Ltd., Schneider Electric SE, and SK Hynix Inc. Virtual reality technology is being adopted by electronic manufacturing companies to improve manufacturing efficiency. This technology in the electrical and electronics industry analysis is often referred to as digital design, simulation, and integration. Virtual reality minimizes the scope for product defects in the design phase. For instance, virtual reality technology enables companies to inspect design objects at all conceivable scales, thereby eliminating defects in the product in the design stage. For instance, some of the major companies adopting virtual reality include Integrated Microelectronics, Inc., Flextronics International Ltd., Benchmark Electronics, Inc., and Kimball International. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the electrical and electronics manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the electrical and electronics market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Asia-Pacific was the largest region in the global electrical and electronics market in 2022. North America was the second largest region in the electrical and electronics market share. The regions covered in the electrical and electronics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electrical and electronics market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The electrical and electronics market consists of sales of photoresist and photoresist ancillaries, superconductors, photoelectric sensors, automotive dc-dc converters, surface inspection, temperature sensors, fingerprint sensors, quantum dot, touch screen controllers, torque sensors, pressure sensors, silicon photonics, automotive wiring harness and other electrical and electronics components. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The electrical and electronics market research report is one of a series of new reports from The Business Research Company that provides electrical and electronics market statistics, including electrical and electronics industry global market size, regional shares, competitors with an electrical and electronics market share, detailed electrical and electronics market segments, market trends and opportunities, and any further data you may need to thrive in the electrical and electronics industry. This electrical and electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electronics and appliance stores are stores that sell electronics and appliances to ultimate users from fixed point-of-sale locations. The electronics and appliance stores is typically operated from locations that have provisions for floor displays and provide electrical capacity for the demonstration of the products. The main types of electronics and appliance stores are hardware suppliers, security stores, and consumer electronics stores. Consumer electronic stores refer to those stores that sell consumer electronic goods like mobile phones, TVs, and so on. The main types of stores are exclusive retailers/showrooms and inclusive retailers/dealer stores, which have ownership by retail chains and independent retailers. The global electronics and appliance stores market is segmented - 1) By Type: Hardware Suppliers And Security Stores, Consumer Electronics Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store The global electronics and appliance stores market size will grow from $1,027.99 billion in 2022 to $1,105.73 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of electronics and appliance stores market is expected to grow to $1,420.58 billion in 2027 at a CAGR of 6.5%. Electronics and appliance stores are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. For instance, the global retail analytics market will reach $5.1 billion in 2020. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for electronics and appliance stores to identify and meet the needs and expectations of their customers. This is expected to drive the market going forward. Major companies in the electronics and appliance stores market include Best Buy Co. Inc., Ceconomy AG, Dixons Carphone plc, The Home Depot, Yamada-Denki Co. Ltd., Bic Camera Inc., Fnac Darty SA, GOME Retail Holdings Limited, Gamestop Corp, and Office Depot. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the electronics and appliance store market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the electronics and appliance stores market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Electronics stores are rapidly adopting technology to implement efficient workflow, better store management, and services. Stores now have traffic-tracking sensors, radio-frequency identification (RFID) tags, handheld scanners, and heat maps, all designed to offer a real-time snapshot of how the modern consumer is shopping. These digital technologies help with real-time stock management, inventory controls, making solid predictions, and demand forecasting. Global electronics and appliance stores including Best Buy, Conn’s, Fry’s Electronics, the retail operations of Apple, Fnac Darty (Belgium), GOME (China), Saturn brands (Germany), and Yamada Denki (Japan) have adopted a wide range of digital technologies to enhance the in-store experience. Asia-Pacific was the largest region in the electronics and appliance stores market in 2022. Western Europe was the second-largest region in the electronics and appliance stores market. The regions covered in the electronics and appliance stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the electronics and appliance stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The electronics and appliance store market includes revenues earned by entities by providing services through hardware suppliers, security stores, and consumer electronics stores. 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 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. The electronics and appliance stores market research report is one of a series of new reports from The Business Research Company that provides electronics and appliance store market statistics, including global market size, regional shares, competitors with an electronics and appliance store market share, detailed electronics and appliance store market segments, market trends and opportunities, and any further data you may need to thrive in the electronics and appliance store industry. This electronics and appliance store 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.

Electronic equipment repair and maintenance refers to repairing and maintaining equipment used in electronic systems such as electronic components and circuits. Precision equipment repair and maintenance refers to the process of repair and maintenance of precision equipment that provides accurate measurement results. The main types of electronic and precision equipment repair and maintenance are consumer electronics repair and maintenance, computer and office machine repair and maintenance, communication equipment repair and maintenance, and other electronic and precision equipment repair and maintenance. Companies in the Communication Equipment Repair and Maintenance sector are largely involved in repairing and maintaining communications equipment, such as communications transmission equipment, two-way radios, telephones, and fax machines without selling new communication equipment. The different modes include online, and offline and involve various service types such as inspection, maintenance, and repair. The global electronic and precision equipment repair and maintenance market is segmented - 1) By Type: Consumer Electronics Repair and Maintenance, Computer and Office Machine Repair and Maintenance, Communication Equipment Repair and Maintenance, Other Electronic and Precision Equipment Repair and Maintenance 2) By Mode: Online, Offline 3) By Service Type: Inspection, Maintenance, Repair The global electronic and precision equipment repair and maintenance market size will grow from $141.79 billion in 2022 to $151.83 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of electronic and precision equipment repair and maintenance market is expected to grow to $192.79 billion in 2027 at a CAGR of 6.2%. An increase in sales of personal computing devices (PCD’s) is expected to propel the growth of the electronic and precision equipment repair and maintenance market. Personal computing devices refer to consumer devices such as desktop computers, laptops, smartphones, and tablets . Due to the pandemic, there was an increase in the number of people working from home, leading to an increase in PCD sales. With more people using PCD’s there is an increase in the need for maintenance and repair for such devices. For example, according to a 2022 report from Singapore based technology market analyst firm, Canalys, the worldwide shipments of desktops, notebooks and workstations for the year 2021 stood at 341 million units, 15% higher than last year, and 27% higher than 2019 and the largest shipment total since 2012. Therefore, the increase in the sale of personal computing devices is expected to drive the electronic and precision equipment repair and maintenance market going forward. Major companies in the electronic and precision equipment repair and maintenance market report are Juniper Networks Inc., Emcor Group, Illinois Tool Works Inc., Tsubakimoto Chain Co., and Apple Inc. Companies involved in the repair and maintenance of electronic equipment are using artificial intelligence (AI)-predictive analysis for increasing the quality of their services. This analysis with the use of IoT technology sensors enables the service providers to identify the critical part which can fail and understand the current status of the components. Companies including Neuron Soundware and KONUX use AI-predictive maintenance to identify anomalies and improve the detection and identification of potential breakdown causes. Western Europe was the largest region in the electronic and precision equipment repair and maintenance market in 2022. Asia-Pacific was the second-largest region in the global electronic and precision equipment repair and maintenance market share. The regions covered in the electronic and precision equipment repair and maintenance industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the global electronic and precision equipment repair and maintenance market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The electronic and precision equipment repair and maintenance market consists of revenues earned by entities that provide repair and maintenance services such as electronic products and navigational services, measuring services, and electromedical and control instruments services. 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 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. The electronic and precision equipment repair and maintenance market research report is one of a series of new reports from The Business Research Company that provides electronic and precision equipment repair and maintenance market statistics, including electronic and precision equipment repair and maintenance industry global market size, regional shares, competitors with an electronic and precision equipment repair and maintenance market share, detailed electronic and precision equipment repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the electronic and precision equipment repair and maintenance industry. This electronic and precision equipment 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 nonferrous metal production and processing market consist of sales of nonferrous metals by entities (organizations, sole traders and partnerships) primarily engaged in smelting ores into nonferrous metals and/or the primary refining of nonferrous metals (except aluminium) by electrolytic methods or other processes. The main types of nonferrous metal production and processing are nonferrous metal (except aluminium) smelting and refining, copper rolling, drawing, extruding, and alloying, nonferrous metal (except copper and aluminium) rolling, drawing, and extruding, secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminium). Secondary smelting will utilize secondary resources to convert or recover lead metal. The process types are smelting and refining, rolling, drawing, extruding, alloying, and other process types. The various end-user industries are automotive, electronic power, construction, and other end-user industries. The global nonferrous metal production and processing market is expected to grow from $1,062.28 billion in 2021 to $1,187.55 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The nonferrous metal production and processing market is expected to grow to $1,494.97 billion in 2026 at a CAGR of 5.9%. Global metals companies are adopting and implementing IoT technology to improve their efficiencies and drive productivity. IoT connects people, machines, and services enabling the flow of information and real-time decisions. IoT technology offers benefits such as increased asset uptime, efficient predictive maintenance and faster processing and delivery time. According to KPMG, 72% of executives of global metals companies are willing to invest in IoT technologies. The growing adoption of IoT technology by global metals companies is expected to drive the productivity and growth of the nonferrous metal production and processing market. Major players in the nonferrous metal production and processing market are Aluminum Corp. of China Ltd, Vale S.A, Rio Tinto plc, Anglo American plc, and BHP Billiton plc. Asia Pacific was the largest region in the nonferrous metal production and processing market in 2021. Western Europe was the second-largest region in the nonferrous metal production and processing market. The regions covered in the nonferrous metal production and processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the nonferrous metal production and processing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global nonferrous metal production and processing market is segmented - 1) By Type: Nonferrous Metal (except Aluminum) Smelting and Refining, Copper Rolling, Drawing, Extruding, and Alloying, Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum) 2) By Process Type: Smelting and Refining, Rolling, Drawing, Extruding, Alloying, Others 3) By End-User Industry: Automotive, Electronic Power, Construction, Others