Market Monitor: Focus on Consumer Electronics/ICT Performance and Outlook -- May 2012

Atradius finds that many of the consumer electronics/ICT markets are still endangered by an uncertain global economy. Sales is expected to grow 4.3% worldwide, but because the industry is by nature entrepreneurial and innovative, that leads inexorably to steep competition, price erosion and low margins, even in a market with good growth prospects.



  • France – some structural weaknesses in all subsectors
  • Germany – growth will rebound in 2012
  • United Kingdom – the rebound levelled off in H2 of 2011
  • United States – retailers have to meet the challenge
  • China – large growth rates in all subsectors
  • India – high domestic demand drives growth
  • Russia – good growth rates in 2011 and 2012
  • Brazil – growth is driven by an emerging middle class
  • The Netherlands – “problem child” consumer electronics
  • Japan – a very modest performance in 2012



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