NOIDA, INDIA: The global consumer electronics industry is set to witness phenomenal growth in near future after the moderation of tough economic conditions. The digital technology revolution has enabled the industry to earn profit from the growing interaction of digital applications, such as camcorders, DVD player/recorder, digital camera, etc.
Among the products of consumer electronics market, 3D TV is anticipated to show highest growth rate. According to our new research report “Global Consumer Electronics Market Forecast to 2013”, the 3D TV segment is expected to grow at a CAGR of around 84% during 2011-2013.
Our study says that, the volume sales will grow at a rapid pace in a short period as manufacturers have started to implement 3D as a standard feature across their HD flat-panel product lines. The availability of 3D standard feature at a slightly higher cost will encourage consumers to opt for 3D capable TVs. Further, it is expected that the US, Japan, and Western Europe will be the key markets for 3D TV sales in coming years.
Our report provides an analysis on 3D TV along with other video equipments including Digital TV (DTV), High Definition TV (HDTV), Internet Protocol TV (IPTV), Personal Video Recorder (PVR), and Digital Video Recorder (DVR). It has also analyzed other products of the market under television market, high definition consumer electronics, audio products, telephone equipments, computer products, and portable navigation devices. It has also analyzed the consumer electronics market across various key countries including the US, the UK, Germany, China, India, Japan, South Korea, and Taiwan.