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Consumer Electronics in South Korea - Industry and Country Analysis
Datamonitor, July 2011, Pages: 68
Project Synopsis:
Consumer Electronics in South Korea – Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of South Korea. This report concludes with profiles of the leading companies in the South Korean consumer electronics market.
Project Description:
Includes market value/volume, geographical segmentation, and five forces (buyer power, supplier power, new entrants, substitutes, and rivalry) analysis of the Consumer Electronics Industry in South Korea. The PESTLE analysis section analyzes the current challenges, future prospects and risks across political, economic, social, technological, legal and environmental areas of the country.
Scope:
- Contains data on market value, volume and/or segmentation for Consumer Electronics in South Korea
- Incorporates in-depth five forces competitive environment analysis
- analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of South Korea
- The leading companies are identified with supporting key financial metrics (where available)
Market Definition:
The consumer electronics market consists of the total revenues generated through the sale of audio visual equipment and games console products designed primarily for domestic use. The audio visual equipment includes CD Players, DVD Players / Recorders, hi-fi systems, home theatre, in-car entertainment systems, portable digital audio, radios, televisions and video recorders. Games consoles segment includes both home use and portable consoles. The market is valued at retail selling price (RSP) with any currency conversions calculated using constant 2009 annual average exchange rates
Highlights:
The South Korean consumer electronics market generated total revenues of $4.6 billion in 2009, representing a compound annual growth rate (CAGR) of 3.5% for the period spanning 2005-2009.
The Audio Visual Equipment segment was the market's most lucrative in 2009, generating total revenues of $4.4 billion, equivalent to 94.4% of the market's overall value.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.9% for the five-year period 2009-2014, which is expected to drive the market to a value of $5.3 billion by the end of 2014.
Reasons to purchase:
- Spot future trends and developments
- Inform your business decisions
- Add weight to presentations and marketing materials
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