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Asia Pacific Consumer Electronics Market To Witness Lucrative Growth Through 202

Asia Pacific Consumer Electronics Market To Hit USD 800 Bn By 2027. The growth trajectory of Asia Pacific consumer electronics market is fueled by work-from-anywhere trends. With the objective of making work simpler, adoption of smart home equipment like laptops and smartphones has gained traction. Consumers are eager to invest in new technologies and products, thanks to the development of breakthrough technologies such as artificial intelligence (AI), voice recognition, and the internet of things (IoT).

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Asia Pacific Consumer Electronics Market To Witness Lucrative Growth Through 202

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  1. Asia Pacific Consumer Electronics Market to expand lucratively till 2027 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Asia Pacific Consumer Electronics Market To Hit USD 800 Bn By 2027. The growth trajectory of Asia Pacific consumer electronics market is fueled by work-from-anywhere trends. With the objective of making work simpler, adoption of smart home equipment like laptops and smartphones has gained traction. Consumers are eager to invest in new technologies and products, thanks to the development of breakthrough technologies such as artificial intelligence (AI), voice recognition, and the internet of things (IoT). The coronavirus outbreak has been a crucial influencer in driving smart home gadget sales, including air conditioners, laptops, smart televisions, smartphones, and other products. Smart television sales for example, have not only suited customer entertainment needs during the COVID-19 pandemic, but they have also addressed the requirements of activities such as online classes for children and professional requirements for individuals working from home. Asia Pacific is home to two leading smart TV manufacturers: Sony Corporation and Samsung Electronics. The two smart-tv market behemoths enjoy massive demand from China, Japan, India, and South Korea. To feed the diverse demand patterns of these regions, the companies are constantly rolling out new products in the market. Samsung, for instance, introduced the 8K QLED smart TV series in South Korea in January 2020, with the AI Quantum Processor 8K to effectively playback 8K content utilizing AI technology. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ • https://www.graphicalresearch.com/request/2064/sample • Request for customization @ • https://www.graphicalresearch.com/request/2064/customize-this-report ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Because of the warmer temperature conditions in countries such as Japan, India, and China, smart air conditioner sales have recorded a spike in demand throughout the pandemic-led lockdown era and have continued to grow ever since. Market estimates reveal that Asia Pacific consumer electronics industry share from air conditioners would gain considerable proceed by 2027. Leading consumer electronics companies, such as Hitachi Ltd., Panasonic Corporation, Sony Corporation, and LG Corporation have prioritized new product development as one of the key strategies to meet customer demand. • Quoting an instance from March 2021, Johnson Controls & Hitachi Air Conditioning India Ltd. introduced a new series of air conditioners to the market. The new products have an Ambience Light function that allows users to modify preferred temperature ranges based on their comfort. • Integration of AI in consumer electronics products, especially professional AV systems, has paved the way for innovative products to enter the market, thereby raising competition. With technology being a crucial driver, Asia Pacific consumer electronics market share from professional audio and video equipment is likely to garner profitable sales through 2027. • Professional audio and video products and technologies are increasingly being adopted by educational, healthcare, and public & private sectors. Owing to the rising importance of smooth video conferencing, corporate offices are installing high-quality and modern speakers, monitors, and projectors in board rooms. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Segments of Asia Pacific Consumer Electronics Market; • Asia Pacific Market, By Product • Audio & video equipment • Personal • Professional • Major household appliances • Small household appliances • Digital photo equipment • Personal • Professional • Asia Pacific Market, By Application • Personal • Professional ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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