Industry Statistics and Trends
Market size and recent performance (2016-2031)
Industry revenue has declined at a CAGR of 0.9 % over the past five years, to reach an estimated $2.1tr in 2026.
Trends and Insights
Inflation and constrained household budgets reshape demand, extend industry volatility
- Revenue plummeted 26.5% in 2022, but employment expanded 3.8% and constant-dollar wages grew 2.2%, signaling that manufacturers protected core capacity and talent despite contracting top-line performance. Establishment counts continued rising, with profit dipping only modestly to 3.7% in 2023 before stabilizing near 4.0% in 2024 and 2025.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2026-2031)
Market size is projected to grow over the next five years.
Trends and Insights
Industry revenue growth will transition to mid-single digits as volatility recedes
- Annual revenue growth is expected to stabilize at a mid-single-digit pace from 2026 through 2030, converging around 3.0% by the end of the decade. The return to a consistent growth band marks the end of recent volatility, as industry sales shift back to a cycle-shaped trajectory driven by ongoing device replacement and moderate expansion.
Biggest companies in the Global Consumer Electronics Manufacturing
| Company | Market Share (%)
2025 | Revenue ($m)
2025 | Profit ($m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Foxconn | 263,192.0 | 8,155.8 | 3.1 | |
Samsung | 169,485.8 | N/A | N/A | |
Huawei Technologies Co. Ltd. | 52,506.8 | 6,070.2 | 11.6 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Telephones and mobile devices, Visual products and Audio products. Telephones and mobile devices is the largest segment of the Global Consumer Electronics Manufacturing.
Trends and Insights
Mobile devices remain the revenue engine despite growth plateau and shifting mix
- Telephones and mobile devices account for 53.9% of global consumer electronics revenue in 2025, maintaining their position as the industry’s anchor segment. The period from 2020 to 2025 saw early spikes in demand driven by remote work, home learning and digital service adoption, followed by a plateau in 2022–2023 and a modest resumption of growth as unit volumes stabilized.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This industry manufactures electronic audio and video equipment for consumer end use, including home entertainment systems, public address and musical instrument amplifications as well as mobile devices such as cellular phones and tablets. Examples of products include TVs, stereo equipment, speaker systems, consumer video cameras, jukeboxes and video game consoles.
What's included in this industry?
Products and services covered in the Global Consumer Electronics Manufacturing industry include Mobile music player manufacturing, DVD player manufacturing, Home theater audio and video equipment manufacturing, Loudspeaker manufacturing, Microphone manufacturing , Public address system and equipment manufacturing, Radio receiving set manufacturing, TV set manufacturing, Cellular phone and mobile device manufacturing and Video camera manufacturing.Companies
Companies covered in the Global Consumer Electronics Manufacturing industry include Foxconn, Samsung and Huawei Technologies Co. Ltd.Purchase this report to view all 3 major companies in this industry.
Related Terms
Related terms covered in the Global Consumer Electronics Manufacturing industry include liquid crystal display (lcd), dvd, cd, plasma tv, mp3 player, outsource, offshore, cathode ray tube (crt) and ultra high-definition tv (uhdtv).Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Volatility shapes the new normal. Manufacturers are navigating unpredictable revenue swings, rising inflation and shifting consumer spending, forcing the entire industry to r...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2016-2025) and forecast (2026-2031)
- Employees, including historical (2016-2025) and forecast (2026-2031)
- Businesses, including historical (2016-2025) and forecast (2026-2031)
- Profit, including historical (2016-2026)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Mobile devices still lead the pack. Even as smartphone growth plateaus, these devices continue to anchor industry revenue, drive ecosystem upgrades and keep the spotlight on ...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2026
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2026
- Major market segmentation in 2026
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
North Asia keeps its global edge. The region’s technology clusters, supplier networks and massive fabs anchor it as the heart of advanced device manufacturing—even as produce...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2026
Tables
- Number and share of establishments in each region in 2026
- Number and share of revenue each region accounts for in 2026
- Number and share of wages each region accounts for in 2026
- Number and share of employees in each region in 2026
Detailed analysis
- Business Locations Charts
- Share of global output by region in 2026
- Share of population compared to output in each region in 2026
- Data tables
- Share of global output by region in 2026
- Detailed analysis
- Geographic spread of the industry across Global, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Scale wins in global electronics. Leading manufacturers are securing market share by building sprawling, integrated supply chains, making it challenging for new entrants and ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2021-2026
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Foxconn is reinventing itself for a tech-driven era. By expanding into AI, smart EVs and smart cities—on top of its manufacturing base—the company is positioning itself as a ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2022 through 2026
- Major companies in the industry, including market share, revenue, profit and profit margin in 2026
- Overview of Foxconn's performance by revenue, market share and profit margin from 2020 through 2026
- Overview of Samsung's performance by revenue, market share and profit margin from 2020 through 2026
- Overview of Huawei Technologies Co. Ltd.'s performance by revenue, market share and profit margin from 2020 through 2026
Detailed analysis
- Description and key data for Foxconn, and factors influencing its performance in the industry
- Description and key data for Samsung, and factors influencing its performance in the industry
- Description and key data for Huawei Technologies Co. Ltd., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
National security and local innovation push government support higher. Chip shortages, supply chain scares and geopolitical tensions are all driving countries to invest in do...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2016-2031)
- Assistance historical data and forecast (2016-2031)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit pressure is becoming the new normal. As wages, depreciation and overhead continue to rise, producers are pushing for more innovative product mix management and agile s...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2016-2031)
- Revenue per Employee (2016-2031)
- Revenue per Enterprise (2016-2031)
- Employees per Establishment (2016-2031)
- Employees per Enterprise (2016-2031)
- Average Wage (2016-2031)
- Wages/Revenue (2016-2031)
- Establishments per Enterprise (2016-2031)
- IVA/Revenue (2016-2031)
- Imports/Demand (2016-2031)
- Exports/Revenue (2016-2031)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2016-2031)
- IVA (2016-2031)
- Establishments (2016-2031)
- Enterprises (2016-2031)
- Employment (2016-2031)
- Exports (2016-2031)
- Imports (2016-2031)
- Wages (2016-2031)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Global Consumer Electronics Manufacturing industry in 2026?
The market size of the Global Consumer Electronics Manufacturing industry is $2.1tr in 2026.
How many businesses are there in the Global Consumer Electronics Manufacturing industry in 2026?
There are 5,448 businesses in the Global Consumer Electronics Manufacturing industry, which has grown at a CAGR of 1.9 % between 2021 and 2026.
How may import tariffs affect the Global Consumer Electronics Manufacturing industry?
The Global Consumer Electronics Manufacturing industry is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Global Consumer Electronics Manufacturing industry?
The Global Consumer Electronics Manufacturing industry is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Global Consumer Electronics Manufacturing industry grown or declined over the past 5 years?
The market size of the Global Consumer Electronics Manufacturing industry has been declining at a CAGR of 0.9 % between 2021 and 2026.
What is the forecast growth of the Global Consumer Electronics Manufacturing industry over the next 5 years?
Over the next five years, the Global Consumer Electronics Manufacturing industry is expected to grow.
What are the biggest companies in the Global Consumer Electronics Manufacturing industry?
The biggest companies operating in the Global Consumer Electronics Manufacturing industry are Foxconn, Samsung and Huawei Technologies Co. Ltd.
What does the Global Consumer Electronics Manufacturing industry include?
Mobile music player manufacturing and DVD player manufacturing are part of the Global Consumer Electronics Manufacturing industry.
Which companies have the highest market share in the Global Consumer Electronics Manufacturing industry?
The company holding the most market share in the Global Consumer Electronics Manufacturing industry is Foxconn.
How competitive is the Global Consumer Electronics Manufacturing industry?
The level of competition is high and steady in the Global Consumer Electronics Manufacturing industry.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources globally include:
- United Nations Comtrade
- Organization for Economic Cooperation & Development
- World Bank
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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