Electronic Products Manufacturing Market Global Briefing 2017
LONDON, June 6, 2017 /PRNewswire/ -- Rising Demand For Motion Detecting CCTV Cameras was considered to be one of the major trends shaping the electronic products manufacturing market as of 2016. With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of object in its field of view. This feature offers effective surveillance of an area at low costs. Major companies manufacturing motion detecting CCTV cameras include Sony, Samsung, Honeywell, Panasonic and others.
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Semiconductor and Other Electronic Component Manufacturing was the largest segment in the electronic products manufacturing market with around 62% share of the market. Audio and Video Equipment Manufacturing was the smallest segment in the electronic products manufacturing market with around 37% share of the market.
Asia Pacific was the largest region in the electronic products manufacturing market in 2016, accounting for 57% market share. This is primarily due to high demand for household appliances, audio and video equipment from a large middle class population based in China and India. It is followed by North America accounting for 17% market share. Western Europe was the third largest region accounting for 9% market share.
The top five competitors in the market made up 21% of the total market share in 2016. Samsung was the largest competitor, followed by Intel Corporation, Taiwan Semiconductor Mfg. Co. Ltd., QUALCOMM Incorporated, and Sony.
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