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Consumer Electronics Repair and Maintenance Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323250
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • B2X CARE SOLUTIONS GMBH
  • Electronix Services
  • iCracked Inc
  • Mendtronix Inc
  • MicroFirst Gaming Inc
  • Quest International, Inc
Consumer Electronics Repair and Maintenance Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global consumer electronics repair and maintenance market as it emerges from the COVID-19 shut down.



Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the consumer electronics repair and maintenance ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Consumer Electronics Repair and Maintenanc market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider consumer electronics repair and maintenance market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The consumer electronics repair and maintenance market section of the report gives context. It compares the consumer electronics repair and maintenance market with other segments of the consumer electronics repair and maintenance market by size and growth, historic and forecast.
Scope

Markets Covered:

1) By Type: Consumer Electronics; Home Appliances; Medical Equipment; Industrial Equipment2) By Service Type: In-warranty; Out of Warranty 3) By End User: Industrial/commercial; Residential

Companies Mentioned: Encompass Supply Chain Solutions Inc; Electronix Services; iCracked Inc; Mendtronix Inc; Moduslink Global Solutions

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This product will be delivered in 1-3 business days
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • B2X CARE SOLUTIONS GMBH
  • Electronix Services
  • iCracked Inc
  • Mendtronix Inc
  • MicroFirst Gaming Inc
  • Quest International, Inc
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, 2015-2020, $ 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, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Consumer Electronics
  • Home Appliances
  • Medical Equipment
  • Industrial Equipment
6.2. Global Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • In-warranty
  • Out of Warranty
6.3. Global Consumer Electronics Repair and Maintenance Market, Segmentation by End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Consumer Electronics Repair and Maintenance Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Consumer Electronics Repair and Maintenance Market
10.1. India Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Consumer Electronics Repair and Maintenance Market
11.1. Japan Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Consumer Electronics Repair and Maintenance Market
12.1. Australia Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Consumer Electronics Repair and Maintenance Market
13.1. Indonesia Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Consumer Electronics Repair and Maintenance Market
16.1. UK Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Consumer Electronics Repair and Maintenance Market
17.1. Germany Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Consumer Electronics Repair and Maintenance Market
18.3. France Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Consumer Electronics Repair and Maintenance Market
20.1. Russia Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Consumer Electronics Repair and Maintenance Market
24.1. Brazil Consumer Electronics Repair and Maintenance Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ 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. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • B2X CARE SOLUTIONS GMBH
  • Electronix Services
  • iCracked Inc
  • Mendtronix Inc
  • MicroFirst Gaming Inc
  • Quest International, Inc
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, and B2X CARE SOLUTIONS GMBH.

The global consumer electronics repair and maintenance market is expected to grow from $15.11 billion in 2020 to $16.44 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth 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 market is expected to reach $22.17 billion in 2025 at a CAGR of 7.8%.

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 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.

The consumer electronics repair and maintenance market covered in this report is segmented by type into consumer electronics; home appliances; medical equipment; industrial equipment. It is also segmented by service type into in-warranty; out of warranty and by end-user into industrial/commercial; residential.

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.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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
  • Repair World Direct
Note: Product cover images may vary from those shown

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