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2018 Market Analysis & Industry Outlook: Consumer Electronics Stores


Overview: the U.S. Consumer Electronics Stores Industry

In a buying culture that thrives on novelty, consumer electronic stores are a profitable enterprise that captures buyers’ desire to experiment with new technology and take home the latest gadget.

The consumer electronics stores industry is profitable for the top players. Continued innovation and the status and novelty associated with electronics drives store success. As long as technology companies continue to update products, consumers will visit stores to investigate new launches and upgrade. Large companies enjoy strong relationships with manufacturers and the physical space to accommodate the greatest selection. Small stores, however, can offer the product specialization and know-how to draw serious buyers.

This report provides answers to key questions about the industry:
What is the total market size (industry revenue)?

This report shows the total market size for the Consumer Electronics Stores industry, comprised of total revenues of both public and private companies over the last five years (2013-2018), current year estimates, and outlook to 2022.

What is the industry outlook?

The industry Outlook and Forecasts show how the Consumer Electronics Stores industry is heading over the next five years (2019-2022). Market forecasts account for historical growth, cyclical changes, and general economic outlook.

Market Analysis: Is the market growing or declining, and how quickly?

The Market Analysis section shows the five-year growth trends for Consumer Electronics Stores, year-by-year from 2013-2018.

Are long-term forecasts positive or negative?

Forecasts for 2019-2022 for the industry show the future growth and market opportunity for Consumer Electronics Stores companies.

"We believe our ability to deliver a high-quality customer experience offers us a key competitive advantage..."
What is the average company size in the industry?

The average number of employees and average revenue for a typical Consumer Electronics Stores company is charted over time for the last five years to the present.

How many companies are in the industry?

Track how many companies compete in the Consumer Electronics Stores industry, and how the number of companies has changed over the past five years.


Market Size & Industry Statistics

The total U.S. industry market size for Consumer Electronics Stores: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Consumer Electronics Stores market size 2019
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2013        2014        2015        2016        2017        2018*
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



Consumer Electronics Stores market forecast 2019-2024


Forecast / Industry Outlook 2018* 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Consumer Electronics Stores industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Major Household Appliances

Kitchen Appliances, Parts, & Accessories

Laundry Appliances, Parts, Accessories, Including Clothes Washers & Dryers

Outdoor Gas Grills, Parts, Accessories

Other Major Household Appliances, Parts & Accessories

Small Household Appliances & Personal Care Appliances

TV, DVD/Blu-Ray Players & Recorders, Camcorders, Portable Video Players, E-Book Readers, DVDs, Blu-Ray Discs.

Televisions & Related Parts & Accessories

DVD/Blu-Ray Disc Players, Recorders, Camcorders, Portable Video Players, E-Book Readers, & Related Parts & Accessories

Electronic Game/ DVD Combination Devices

DVDs & Blu-Ray Discs, Prerecorded

Audio Equipment, Musical Instruments (New & Used), Radios, Audio Electronic Components, CDs, Records, Tapes, Audio Books, Sheet

Audio Equipment, Components, Parts & Accessories

Pre-Recorded Compact Discs, Audio Tapes, & Records

New & Used Musical Instruments, Sheet Music, & Related Items

Furniture, Sleep Equipment & Outdoor/Patio Furniture

New & Used Computer Hardware, Software, & Supplies, Including Computer Game Software & Tablet Computers

Computer & Peripheral Equipment

Prepackaged (Off-The-Shelf) Computer Software, Including Computer Software Downloads

Books, Including E-Books

Photographic Equipment & Supplies

Toys, Hobby Goods, & Games

Hardware, Tools, & Plumbing & Electrical Supplies

Automotive Tires, Tubes, Batteries, Audio Equipment, Parts, Access

Used Books, Clothing, Furniture, & Other Used Items Not Elsewhere Classified

Used Home Entertainment, Recreation, & Culture Products

All Other Merchandise

Office, School, & Packaging Supplies

Office Equipment

Telephones, Cellular Phones, Phone Batteries, Answering Machines, Pagers, & Navigation (Gps) Equipment

Nonautomotive Batteries

All Other Merchandise, Excluding Lottery Ticket Sales/Commissions

All Nonmerchandise Receipts

Labor Charges For Work Performed By This Establishment

Parts, Paint & Materials Installed In Repair

Value Of Service Contracts

All Other Nonmerchandise Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Consumer Electronics Stores Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Consumer Electronics Stores companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Consumer Electronics Stores company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Consumer Electronics Stores industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Consumer Electronics Stores measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers1%
Sales and Related Occupations 66%
Supervisors of Sales Workers 8%
First-Line Supervisors of Sales Workers 8%
First-Line Supervisors of Retail Sales Workers 7%
Retail Sales Workers 49%
Retail Salespersons 46%
Retail Salespersons 46%
Sales Representatives, Services 8%
Miscellaneous Sales Representatives, Services 8%
Sales Representatives, Services, All Other 8%
Office and Administrative Support Occupations 13%
Installation, Maintenance, and Repair Occupations 11%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers 8%
Source: Bureau of Labor Statistics


Consumer Electronics Stores Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Consumer Electronics Stores industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Consumer Electronics Stores industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Consumer Electronics Stores industry.
Source:
IncFact




Innovation News

  • SPY Tec International trademarks "E" - portable high pressure washers - 11/22/2018
  • SPY Tec International trademarks "E EQUIPT" - portable high pressure washers - 11/22/2018
  • SPY Tec International trademarks "EQUIPT" - portable high pressure washers - 11/22/2018
  • Dropbox patents Automatically Coordinating Application Schema Changes In A Distributed Data Storage System - 11/15/2018
  • Dropbox patents Cross-application Authentication On A Content Management System - 11/08/2018
  • Dropbox patents Storage Constrained Synchronization Engine - 11/08/2018
  • Scale Computing raises $35 million in funding. - 10/25/2018
  • Perfect raises $6 million in funding. - 10/05/2018
  • Pixvana raises $14 million in funding. - 11/20/2017


  • Government Contracts

    In 2018, the federal government spent a total of $5,370,984 on Consumer Electronics Stores. It has awarded 430 contracts to 94 companies, with an average value of $57,138 per company.   

    Most Recent Contracts Date Total Award Amount
    LION CITY COMPANY
    656 Geylang Road
    Singapore, SINGAPORE
    Nov 27, 2018$12,540
    MISCELLANEOUS FOREIGN AWARDEES
    1800 F St Nw
    Washington, DC
    Nov 21, 2018$4,153
    MYTHICS, INC.
    1439 N Great Neck Rd Ste 201
    Virginia Beach, VA
    Nov 15, 2018$83,012
    HLCM GROUP, INC.
    St 31 Jj10 Alturas De Flamboyan
    Bayamon, PR
    Nov 14, 2018$10,000
    GOVCONNECTION, INC.
    7503 Standish Pl
    Rockville, MD
    Nov 07, 2018$19,149
    COMMUNICATIONS SPECIALISTS, INC.
    760 Hwy 61 N
    Vicksburg, MS
    Nov 01, 2018$1,800




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