Consumer Electronics & Appliances Stores

Consumer Electronics & Appliances Stores

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sell household appliances, cameras, computers, and other electronic goods. Major companies include Best Buy, Conn's, GameStop, and the retail operations of Apple (all based in the US); as well as Currys PLC (the UK); Fnac Darty (France); GOME Retail Holdings (China); the CECONOMY-owned MediaMarkt and MediaMarktSaturn (both based in Germany); and Yamada Denki (Japan).

COMPETITIVE LANDSCAPE

The competitive landscape for US consumer electronics (CE) retailers has changed dramatically over the past decade amid rapidly evolving technology and the growth of e-commerce. Top e-commerce platforms in terms of market cap include Amazon, Pnduoduo, and Alibaba, among others, according to Companies Market Cap.

PRODUCTS, OPERATIONS & TECHNOLOGY

Computers and peripheral equipment account for about 45% of the consumer electronics and appliances market, followed by televisions, audio and video equipment (about 25%), and major household appliances (20%). Other products include computer software, photographic equipment, toys, games, and hobby supplies.