With the growth of electronic and automotive industries in recent years, adoption of consumer electronic accessories and related products are increasing rapidly. Growing penetration of advanced gadgets is also contributing to the popularity of these accessories. Today, electronic products such as smartphones, laptops, car electronic, cameras, etc. seem incomplete without accessories including covers, cases, cables, chargers, bags, and so on. Manufacturers of consumer electronic accessories are constantly incorporating new innovations in their products to meet the end-user requirements. There has also been enhancement in color, size, style, etc. in order to be more attractive and appealing to the buyers.
Car electronic accessories generate the maximum revenue of the consumer electronic accessories market which include products such as mounts, mounting kits, installation harnesses, chargers, transmitters, alarm accessories, car cigarette lighter accessories, amplifier cooling fans, etc. Other segments of the consumer electronic accessories can be divided as:
- Cellphones: Chargers, data cables, batteries, cases & covers, and screen protectors.
- Office appliances: Scanner/shredder/printer/copier, cables and connectors, presentation devices, laser pointers, ink and toner, etc.
- Audio and Video: Headphones, cases, chargers, adapters, batteries, transmitters, home entertainment furniture, headsets, and many more.
- Camera and Photo: Bags & cases, tripods & monopods, cables & cords, batteries & chargers, frames, film, filters, flashes, and so on.
How do Online Stores Boost the Sales of Consumer Electronic Accessories?
Rapid increase in the use of smartphones has enabled simple and easy work. Today, there are many online stores that let you select any products that you want in just a click. By offering wide range of collection, multiple choices, and even reviews from the other end-users, online store are escalating the sales of consumer electronic accessories. The promotion of accessories are also done when a user buy the main product and enhancing the growth of the market.
Advance announcements of launching date and features of these accessories on online stores are also anticipating the buyers. With enhanced digital technology, key players of consumer electronic accessories market are also focusing on developing products with features beyond imagination. This market is likely to reach a value of US$570,239 Mn in the next decade owing to its continuous growth rate of 7.3%.
A detailed excerpt of the current and forecast scenario of the consumer electronic accessories market can be viewed here.