Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View: The consumer electronics device spending trend in Japan in 2015 and 2016 has been
determined to a significant degree by the sharp depreciation of the yen in 2015 and then appreciation
against the US dollar in H116. We expect a much more stable market over the medium term as yen volatility
reduces, putting the market back onto a growth trajectory determined by underlying product trends. The
maturity of the Japanese market where most device categories are at, or close to, saturation - along with a
declining population, means growth potential is limited and we forecast a flat market over the medium term
with a CAGR of just 0.6% over 2016-2020.
Latest Updates And Industry Developments
? Computer Hardware Sales: USD42.2bn in 2016 to USD43.0bn in 2020, a compound annual growth
rate (CAGR) of 0.5%. After a bump in growth in 2016 due to yen appreciation we expect a largely flat
market due to market maturity, demographics and competition from smartphones that will mean longer
replacement rates and potentially replacement cannibalisation.
? AV And Gaming Sales: USD11.5bn in 2016 to USD11.7bn in 2020, a CAGR of 0.4%. Total AV
spending has very limited growth potential, but this is still a marked improvement over 2010-2015 when
a collapse in LED/LCD TV set, then digital camera, resulted in a sharp contraction of demand.
? Mobile Handset Sales: USD18.7bn in 2016 to USD19.5bn in 2020, a CAGR of 1.0%. Some capacity for
smartphone growth remains, while large premium market in Japan will mean it continues to be one of the
most lucrative markets in the Asia Pacific over 2016-2020.