Consumer Electronics Repair and Maintenance Global Market Report 2022 – By Type (Loudspeakers and Sound Bars, Microphones, Amplifiers and Mixers, Music players and other devices, Televisions, Video Players, Video Cameras), By Service Type (In-warranty, Out of Warranty), By End User (Industrial and commercial, Residential) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : January 2022 | SKU CODE : 7773 | Delivery Time: 2-3 business days | Format :


The consumer electronics repair and maintenance market consists of sales of consumer electronics repair and maintenance services by entities (organizations, sole traders and partnerships) that are 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. Only goods and services traded between entities or sold to end consumers are included.

The main types of consumer electronics repair and maintenance are loudspeakers and sound bars, microphones, amplifiers and mixers, music players and other devices, televisions, video players, video cameras. A microphone is a device that converts airborne sound waves into electrical signals or records them on a recording medium. The different service types include in-warranty, out of warranty and is used by various verticals such as industrial and commercial, residential.

The global consumer electronics repair and maintenance market size is expected to grow from $7.98 billion in 2021 to $8.38 billion in 2022 at a compound annual growth rate (CAGR) of 5.1%. The growth in the consumer electronics repair and maintenance market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The consumer electronics repair and maintenance market is expected to reach $9.60 billion in 2026 at a CAGR of 3.5%.

An increase in equipment failure rates and cost benefits of repairing old equipment rather than disposing of them are expected to drive the consumer electronics repair and maintenance market. The branded and non-branded low-cost products regularly flood the market and need repair in some time as they are made with poor quality material or due to regular maintenance. However, research suggests that companies are now taking a different approach, which is building products that could be easily repaired for use as fixing an issue in a gadget is always a cost-effective solution than buying a new one, thereby enhancing the trust of the customer. Customers tend to buy and refer the products of the company that offers repair manual, spare parts and provide assistance and guidance on fixing the product. Apple has begun assembling the older iPhone in India. Companies like iFixit and Repair Cafe are bringing people together to work for repairing devices. The European Commission is all set to discuss eco-design regulation for smartphones from 2021, including access to spare parts and repair information. Therefore, an increase in equipment failure rates and cost benefits of repairing old equipment is promoting the consumer electronics repair and maintenance market.

The COVID-19 pandemic has significantly impacted the consumer electronics repair and maintenance industry as governments across the globe have imposed lockdowns and put restrictions on non-essential services to prevent the spread of the virus. Repair and maintenance services hugely depend on labor and the availability of labor during this pandemic is a big challenge. The repair industry across countries such as US, the UK, Germany, Italy, the Middle East and India have also witnessed an increase in labor cost due to labor shortages in the lockdown. The repairing industry, in general, fixes around 25 million electronic appliances in a month, but due to lockdown and social distancing norms, the products are expected to pile up for repair. Besides, the supply chain disruptions in various countries have made it difficult to find spare components for mobile and other electronic appliances making consumers wait longer for availing services.

Major players in the consumer electronics repair and maintenance market are Encompass Supply Chain Solutions Inc, Electronix Services, iCracked Inc, Mendtronix Inc, Moduslink Global Solutions, MicroFirst Gaming Inc, Quest International, Inc, The Cableshoppe Inc, uBreakiFix, B2X CARE SOLUTIONS GMBH, Redington Services and Repair World Direct.

Western Europe was the largest region in the consumer electronics repair and maintenance market in 2021. Asia Pacific was the second largest region in the 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 are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The global consumer electronics repair and maintenance market is segmented -

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

    Table Of Contents

    1. Executive Summary

    2. Consumer Electronics Repair And Maintenance Market Characteristics

    3. Consumer Electronics Repair And Maintenance Market Trends And Strategies

    4. Impact Of COVID-19 On Consumer Electronics Repair And Maintenance

    5. Consumer Electronics Repair And Maintenance Market Size And Growth

    5.1. Global Consumer Electronics Repair And Maintenance Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Consumer Electronics Repair And Maintenance Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Consumer Electronics Repair And Maintenance Market Segmentation

    6.1. Global Consumer Electronics Repair And Maintenance Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    In-warranty

    Out of Warranty

    6.3. Global Consumer Electronics Repair And Maintenance Market, Segmentation  By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Industrial/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, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Consumer Electronics Repair And Maintenance Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Consumer Electronics Repair And Maintenance Market  

    10.1. India Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Consumer Electronics Repair And Maintenance Market  

    11.1. Japan Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Consumer Electronics Repair And Maintenance Market  

    12.1. Australia Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Consumer Electronics Repair And Maintenance Market  

    13.1. Indonesia Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Consumer Electronics Repair And Maintenance Market  

    14.1. South Korea Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Consumer Electronics Repair And Maintenance Market  

    16.1. UK Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Consumer Electronics Repair And Maintenance Market  

    17.1. Germany Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Consumer Electronics Repair And Maintenance Market  

    18.3. France Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Consumer Electronics Repair And Maintenance Market  

    19.1. Eastern Europe Consumer Electronics Repair And Maintenance Market Overview

    19.2. Eastern Europe Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Consumer Electronics Repair And Maintenance Market  

    20.1. Russia Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Consumer Electronics Repair And Maintenance Market  

    21.1. North America Consumer Electronics Repair And Maintenance Market Overview

    21.2. North America Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Consumer Electronics Repair And Maintenance Market  

    22.1. USA Consumer Electronics Repair And Maintenance Market Overview

    22.2. USA Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Consumer Electronics Repair And Maintenance Market  

    23.1. South America Consumer Electronics Repair And Maintenance Market Overview

    23.2. South America Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Consumer Electronics Repair And Maintenance Market  

    24.1. Brazil Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Consumer Electronics Repair And Maintenance Market  

    25.1. Middle East Consumer Electronics Repair And Maintenance Market Overview

    25.2. Middle East Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Consumer Electronics Repair And Maintenance Market  

    26.1. Africa Consumer Electronics Repair And Maintenance Market Overview

    26.2. Africa Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Consumer Electronics Repair And Maintenance Market Competitive Landscape And Company Profiles

    27.1. Consumer Electronics Repair And Maintenance Market Competitive Landscape

    27.2. Consumer Electronics Repair And Maintenance Market Company Profiles

    27.2.1. Encompass Supply Chain Solutions Inc

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Electronix Services

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. iCracked Inc

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Mendtronix Inc

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Moduslink Global Solutions

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Consumer Electronics Repair And Maintenance Market

    29. Consumer Electronics Repair And Maintenance Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Consumer Electronics Repair And Maintenance Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Consumer Electronics Repair And Maintenance Market, Segmentation  By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Consumer Electronics Repair And Maintenance Market, Segmentation  By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Consumer Electronics Repair And Maintenance Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Consumer Electronics Repair And Maintenance Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Encompass Supply Chain Solutions Inc Financial Performance
  • Table 28: Electronix Services Financial Performance
  • Table 29: iCracked Inc Financial Performance
  • Table 30: Mendtronix Inc Financial Performance
  • Table 31: Moduslink Global Solutions Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Consumer Electronics Repair And Maintenance Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Consumer Electronics Repair And Maintenance Market, Segmentation  By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Consumer Electronics Repair And Maintenance Market, Segmentation  By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Consumer Electronics Repair And Maintenance Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Consumer Electronics Repair And Maintenance Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Consumer Electronics Repair And Maintenance Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Encompass Supply Chain Solutions Inc Financial Performance
  • Figure 28: Electronix Services Financial Performance
  • Figure 29: iCracked Inc Financial Performance
  • Figure 30: Mendtronix Inc Financial Performance
  • Figure 31: Moduslink Global Solutions Financial Performance
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