Market Report, "Thailand Consumer Electronics Report Q3 2016", published

Thailand is both a large domestic market for consumer electronics devices and an important production centre for global industry, particularly with regards hard disk drive manufacture. After a difficult few years we believe Thai consumer electronics spending will return to growth in 2016, and then strengthen over the medium term, with a CAGR of 3. 7 % forecast for 2016-2020. O ur core view for the medium term continues to be based on our positive assessment of household income trends in Thailand that will support a deepening of the market and expanding middle class, which could alleviate some price sensitivity, and offer volume growth opportunities in the context of relatively low device penetration rates in the PC and handset segments in Thailand.

Full Report Details at
- http://www.fastmr.com/prod/1182925_thailand_consumer_electronics.aspx?afid=301

Latest Updates And Industry Developments

Computer Hardware Sales: USD2.33bn in 2016 to USD2.87bn in 2020, a compound annual growth rate (CAGR) of 5.3%. After deferred spending in 2014 and 2015 there is significant growth potential as income profile strengthens from 2016, with personal device sales of notebooks and tablets expected to outperform.

AV Sales: USD1.37bn in 2016 to USD1.51bn in 2020, a CAGR of 2.5%. After contraction over 2012-2015, we expect a return to growth from 2016, but the market will not reach previous highs due to TV set price erosion and the digital camera market being on a lower trajectory due to the proliferation of smartphone ownership.

Handset Sales: USD3.27bn in 2016 to USD3.69bn in 2020, a CAGR of 3.1%. Handset spending growth forecast to pick-up in 2016, but decelerate over the medium term due to a depleted pool of potential smartphone first-time buyers which will see the upgrade growth engine diminish.

The Thailand Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Thailand.

BMI Research'sThailand Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Thailand.

Key Benefits
Benchmark BMI's independent consumer electronics industry forecasts for Thailand to test other views - a key input for successful budgeting and strategic business planning in the Thai consumer electronics market.

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