Electronic Equipment Repair Service Market : Opportunity Analysis and Industry Forecast upto 2024
The global electronic equipment repair service market is currently being driven by the large number of innovative electronics equipment reaching the commercial markets. This is propelling the demand for electronic equipment repair services from both companies and single point service individuals across the world. Furthermore, the global demand for refurbished electronics products is growing at a fast rate due to consumers from developing economies where price is a greater concern than other aspects. The wide scope of the global electronic equipment repair service market in refurbishing electronics is anticipated to push it further. Developing economies, especially the ones from Asia Pacific, are showing a phenomenal rate of growth in consumption of electronic devices. The global electronic equipment repair service market is expected to reach US$147.24 bn by 2024. The market is anticipated to expand at a CAGR of 8.5% during the period from 2016 to 2024. By the end of 2016, this market’s revenue is expected to reach US$76.7 bn. Obtain Report Details @ http://www.transparencymarketresearch.com/electronic-equipment-repair-service.html Geographically speaking, the global electronic equipment repair service market was led by Europe in 2015, when the region held a share of nearly 30% in the market’s revenue. The growing focus by government bodies through regulatory guidance for the promotion of better ewaste management processes has amplified the electronic equipment repairing and recycling activities here. North America was second in terms of overall demand volume in the global electronic equipment repair service market for 2015. Consumer electronics repair held the leading share within the North American market among all applications. Asia Pacific, on the other hand, is projected to expand at a leading CAGR of 8.8% between 2016 and 2024 in the global electronic equipment repair service market, owing to a phenomenal rate of adoption of smart phones and tablets. China is likely to be leading contributor region’s electronic equipment repair service market over the forecast period. The Middle East and Africa (MEA) and South America are also expected to
show a favorable growth rate in the global electronic equipment repair service market over the coming years. Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3977 Based on products, the global electronic equipment repair service market can be segmented into consumer electronics repair, computer and related products repair, and a collective minority of other repair types. Consumer electronics repair is further segregated into smartphones, mobile phones, televisions and set-top boxes. For 2015, the global electronic equipment repair service market was led by players including uBreakiFix, Encompass Supply Chain Solutions Inc., Moduslink Global Solutions, iCracked, Inc., The Cableshoppe, Inc., Mendtronix Inc., Redington Services, B2X Care Solutions GmbH, Electronix Services, and Quest International, Inc. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com