DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/0c5248/kuwait_consumer_el) has announced the addition of the "Kuwait Consumer Electronics Report Q1 2011" report to their offering.
Business Monitor International's Kuwait Consumer Electronics Report provides industry professionals and strategists, corporate analysts, electronics associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Kuwait's consumer electronics industry.
Kuwaits consumer electronics devices market, defined as the addressable market for computing devices, mobile handsets and video, audio and gaming products, is projected at around US$760mn in 2011. This is expected to increase to US$940mnn by 2015, driven by growing popularity of LCD TV sets, 3G handsets, notebook computers and other premium products, as well as ongoing expansion of the electronics retail sector. BMI forecasts that per capita consumer electronics spend will reach US$242 by 2015, from US$204 in 2011. Key factors behind the forecast growth are a favourable long-term economic outlook, a sophisticated consumer base and high levels of disposable income. However, we do not see a return to the stellar growth rates of the last few years (real private consumption growth averaged 9.0% between 2002 and 2007,) as there are doubts about the ability of infrastructure projects to feed through into job creation and a consumer recovery.
Computers Computer hardware accounted for around 45% of Kuwaiti consumer electronics spending in 2009. BMI projects Kuwaits domestic market computer hardware sales (including notebooks and accessories) of US$342mn in 2011, up from US$317mn in 2010. Computer hardware compound annual growth rate (CAGR) for the 2010-2014 period is forecast at about 7%, with the popularity of wireless access technologies driving notebook sales.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Market Overview
- Consumer Electronics Industry
- Industry Developments
- Competitive Landscape
- Company Profiles
- Methodology
Companies Mentioned:
- Axiom Telecom
- Jumbo Electronics
- Eros Group
For more information visit http://www.researchandmarkets.com/research/0c5248/kuwait_consumer_el