Kuwait Consumer Electronics Report Q1 2013

Publisher Name :
Date: 16-Jan-2013
No. of pages: 52

BMI forecasts 7% growth for the Kuwaiti consumer electronics market in 2012, with spending on devices
such as smartphones and tablets expected to benefit from a positive economic context. This surge in
spending is almost wholly government-driven, with household incomes having been boosted by a series
of public sector wage hikes and increased social benefits. There are signs that credit growth in the
domestic banking sector - which has been anaemic for the best part of two years - is beginning to pick
up. Moreover, the real estate market is also starting to recover, and was up by 8.4% in the first seven
months of 2012. Sales will also be boosted by growing popularity of flat-screen TV sets, Android
smartphones, notebook computers and tablets, and other premium products, as well as ongoing expansion
of the electronics retail sector.
Headline Expenditure Projections
?? Computer hardware sales: US$362mn in 2011 to US$394mn in 2012, +9% in US dollar terms.
Forecast in US dollar terms upwardly revised due to macroeconomic factors, following stronger
than expected growth in 2011.
?? AV sales: US$454mn in 2012 to US$484mn in 2013, +7% in US dollar terms. Forecast in US
dollar terms upwardly revised due to analyst modification, and product innovation will drive
continued growth in the flat-screen TV set category.
?? Handset sales: US$196mn in 2011 to US$218mn in 2012, +11% in US dollar terms. Forecast in
US dollar terms unchanged but operator promotions are driving strong growth in the smartphone
market.
Risk/Reward Rating:
Kuwait's score was 58.1 out of 100. Kuwait ranked fourth in the MEA region in our latest RRR table,
behind the UAE, but ahead of regional peers such as Saudi Arabia and Qatar.
Key Trends & Developments
?? Flat-screen TV sets will be the main driver of AV category sales growth over the forecast period
as consumers upgrade and trade their old models for digital. Product innovation will also boost
sales, with a focus on features such as 3D, improved display quality and larger, wider screens, as
well as design and wireless capabilities.
?? In the mobile devices sector, the upgrade of network infrastructure to support new data services
will help to drive demand for 3G phones and smartphones. Kuwaiti consumers have an
increasing demand for easy access to emails and other data services in Kuwait and when they are
travelling. Other drivers of smartphone sales include more competitive data tariffs from the main
operators.
?? The popularity of multimedia portable computers with wireless connectivity will continue to
provide opportunities. Vendors will look to new form factors such as tablets and the heavily
hyped ultrabooks, which are relatively high in price, but could provide a new boost to the PC
market in 2013.

Kuwait Consumer Electronics Report Q1 2013

Executive Summary ........... 5
SWOT Analysis ..... 7
Kuwait Consumer Electronics Market SWOT ............ 7
Kuwait Political SWOT .... 8
Kuwait Economic SWOT.. 9
Kuwait Business Environment SWOT ........ 10
Risk/Reward Ratings ........ 11
Table: Middle East And Africa Risk/Reward Ratings ............ 13
Consumer Electronics Market ...... 14
Computers ............. 14
Table: PC Sales 2010-2017 ......... 14
AV ........... 17
Table: AV Sales, 2010-2017......... 17
Mobile Handsets ... 20
Table: Mobile Communications, 2010-2017 ............ 20
Consumer Electronics Industry .... 24
Table: Kuwait Distributors For Leading Brands ..... 27
Industry Forecast Scenario ........... 28
Consumer Electronics Market........... 28
Table: Consumer Electronics Overview, 2010-2017 28
Industry Developments.... 31
Macroeconomic Forecast 32
Table: Kuwait - Economic Activity ............ 34
Competitive Landscape ... 35
Computer 35
Handsets . 36
AV ........... 38
Company Profiles ............. 40
Axiom Telecom 40
Jumbo Electronics ......... 42
Eros Group ...... 44
Demographic Outlook ...... 46
Table: Kuwait's Population By Age Group, 1990-2020 ('000) ............. 47
Table: Kuwait's Population By Age Group, 1990-2020 (% of total) .... 48
Table: Kuwait's Key Population Ratios, 1990-2020 49
Table: Kuwait's Rural And Urban Population, 1990-2020 .... 49
BMI Methodology ............. 50
How We Generate Our Industry Forecasts ..... 50
Electronics Industry ............ 50
Sources ... 51Table: Middle East And Africa Risk/Reward Ratings
Table: PC Sales 2010-2017
Table: AV Sales, 2010-2017
Table: Mobile Communications, 2010-2017
Table: Kuwait Distributors For Leading Brands
Table: Consumer Electronics Overview, 2010-2017
Table: Kuwait - Economic Activity
Table: Kuwait's Population By Age Group, 1990-2020 ('000)
Table: Kuwait's Population By Age Group, 1990-2020 (% of total)
Table: Kuwait's Key Population Ratios, 1990-2020
Table: Kuwait's Rural And Urban Population, 1990-2020

  • Siemens Adds To the Growth of Wind Power Generation Market
    Siemens has been presenting ground-breaking strategies and pioneering solutions for energy generation for an intelligent power supply globally. With an expansive portfolio and wide-ranging proficiency in wind power generation, Siemens is likely to aid in increasing the share of wind power in the US energy mix. With New Mexico’s vicinity to significant wind energy areas, [...]
  • Global Public Safety LTE Ecosystem Overview
    In view of its flourishing ecosystem, spectrum flexibility and performance metrics, LTE has emerged as the leading candidate for public safety mobile broadband networks. Public safety organizations and establishments have already begun planning to advance their networks to LTE-based public safety solutions. LTE provisions a varied range of services, from high bandwidth data services to [...]
  • RnR Market Research: Biochips Market Insights
    Growing R&D investment and subcontracting of pharmaceutical companies would lead to growth in biochips market in Asia along with an increase in the application of biochips products is estimated to improve opportunity for the global biochip market. Conversely, the high cost involved in manufacturing of biochips can be seen as a challenge for the same. [...]
  • Current State of Blood Banking Market, Products, Technologies and Services
    The global blood banking and blood products market is expected to reach US$41.9 billion by 2020 with USA continuing to be the largest market worldwide. Asia-Pacific follows a close second with a projected CAGR of 9.1% during this period owing to the refining healthcare infrastructure and increase in the per capita healthcare expenditure. The major [...]
  • Surgical Robots Market 2016 Updates on Companies, Products and More
    Surgical robots are medical devices that assist surgeons in performing many types of complex procedures with more accuracy, flexibility and control than is possible with conventional techniques. The aim of surgical robots market players is to provide improved diagnostic skills, a less invasive and more comfortable experience for the patient, and the ability to do [...]
  • Russia Consumer Electronics Report Q3 2016
    Published: 27-Jul-2016        Price: US 1295 Onwards        Pages: 65
    BMI View: Russia's consumer electronics market moved into negative territory in 2014 and then there was a sharp contraction in spending in 2015 as an intensification of economic crisis hit sentiment and resulted in steep rouble depreciation against the US dollar. The squeeze on Russian consumer purchasing power is evident in the deterioration of the household income profile, which is only forecast to partially recover previous highs by 2020. This underpins our relatively ......
  • Saudi Arabia Consumer Electronics Report Q3 2016
    Published: 27-Jul-2016        Price: US 1295 Onwards        Pages: 57
    BMI View: Consumer electronics device spending growth in Saudi Arabia is forecast to be modest, at a CAGR of just 1% over 2016-2020. By 2016 most device categories are mature, with high penetration rates for products that had been driving growth such as smartphones and tablets, meaning spending will be determined for the most part by replacement purchases. In addition, the uncertain economic outlook presents downside, particularly if the oil price turns down again and put......
  • Global and Chinese Multifunction Massage Machine Industry, 2016 Market Research Report
    Published: 13-Jul-2016        Price: US 2800 Onwards        Pages: 150
    The 'Global and Chinese Multifunction Massage Machine Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Multifunction Massage Machine industry with a focus on the Chinese market. The report provides key statistics on the market status of the Multifunction Massage Machine manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic ov......
  • Global and Chinese Multiple-Pinhole Camera Industry, 2016 Market Research Report
    Published: 13-Jul-2016        Price: US 2800 Onwards        Pages: 150
    The 'Global and Chinese Multiple-Pinhole Camera Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Multiple-Pinhole Camera industry with a focus on the Chinese market. The report provides key statistics on the market status of the Multiple-Pinhole Camera manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the indu......
  • Chile Consumer Electronics Report Q3 2016
    Published: 13-Jul-2016        Price: US 1295 Onwards        Pages: 59
    BMI View: As the commodities market recovers and Chile's economy moves back to a stronger growth trajectory over the medium term, we forecast the consumer electronics market will move to a faster trajectory. We envisage a CAGR of 5.9% over 2016-2020, with all three segments expected to be supported by peso appreciation against the US dollar from 2017, which will boost Chilean household purchasing power and increase the affordability of imported devices. The impact could b......
  • Global and Chinese Intelligent Cleaner Industry, 2016 Market Research Report
    Published: 13-Jul-2016        Price: US 2800 Onwards        Pages: 150
    The 'Global and Chinese Intelligent Cleaner Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Intelligent Cleaner industry with a focus on the Chinese market. The report provides key statistics on the market status of the Intelligent Cleaner manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry includi......
  • Global and Chinese Inverter Air Conditioner Industry, 2016 Market Research Report
    Published: 13-Jul-2016        Price: US 2800 Onwards        Pages: 150
    The 'Global and Chinese Inverter Air Conditioner Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Inverter Air Conditioner industry with a focus on the Chinese market. The report provides key statistics on the market status of the Inverter Air Conditioner manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the i......
  • United Arab Emirates Consumer Electronics Report Q3 2016
    Published: 13-Jul-2016        Price: US 1295 Onwards        Pages: 59
    BMI View: Consumer electronics device spending potential is limited in the UAE by the maturity of the core market, where device penetration rates are already very high, and the potential downside from an easing of sanctions on Iran, which could see a lower volume of visitor device shopping. These factors inform our forecast for total device spending to contract at a CAGR of -0.1% over 2016-2020 to USD4.57bn in 2020. The market will however continue to be lucrative for ven......
  • United States Consumer Electronics Report Q3 2016
    Published: 13-Jul-2016        Price: US 1295 Onwards        Pages: 58
    BMI View: We continue to maintain a positive outlook for the US consumer electronics market in our Q316 report update. We believe that the US consumer electronics market will remain the global leader in terms of market size and adoption of latest technologies over the course of 2016 to 2020. In 2016 we will see the overall market size expand by 2.0%, with the market reaching an estimated total value of USD320.1bn. We forecast a consumer electronics market 2016-2020 CAGR o......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs