Consumer Electronics Repair and Maintenance Market – Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Product Type (Entertainment Devices, Personal Devices, Others), By Service Type (In Warranty, Out of Warranty), By End Use (Residential, Commercial), By Region & Competition, 2019-2029F

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 17.99 Billion

Market Size (2029)

USD 23.85 Billion

CAGR (2024-2029)

4.87%

Fastest Growing Segment

Personal Devices

Largest Market

North America

Market Overview

The Global Consumer Electronics Repair and Maintenance Market was valued at USD 17.99 billion in 2023 and is projected to increase to USD 23.85 billion by 2029, achieving a CAGR of 4.87% throughout the forecast period. This anticipated growth highlights the escalating demand for repair and maintenance services attributed to the ubiquitous presence of digital gadgets and smart devices in our daily lives. This trend is further amplified by the digital revolution, leading to a surge in demand for repair services for increasingly complex and smart consumer electronics such as advanced washing machines, AI-driven technologies, and touchscreen computers.

As consumer products integrate more advanced technologies, the interplay between IT and consumer electronics grows stronger, a phenomenon often described as the consumerization of IT. The advent of the Internet of Things (IoT) has contributed significantly to this trend, introducing a multitude of interconnected devices that enhance daily convenience. Modern electronic devices far surpass those from fifty years ago in terms of complexity and capabilities while becoming more accessible and affordable. This sophistication necessitates specialized repair services, pushing market players to expand their reach, especially in emerging markets, although the industry remains deeply rooted in developed regions.

The ubiquitous integration of consumer electronics in everyday life is a major factor driving the increased need for repair and maintenance services. Data from the International Data Corporation (IDC) indicates global shipments of smartphones, tablets, and PCs exceeded 2.8 billion units in 2022. This broad adoption inevitably leads to more device malfunctions. The Consumer Technology Association (CTA) reports that the average smartphone lifespan is around 2.5 years, and as these devices reach the end of their lifecycle, they often require professional repair and maintenance. A significant portion of consumers, approximately 45%, prefer repairing their devices to replacing them, influenced by financial and environmental considerations.

The repair and maintenance industry has evolved significantly, with enhanced service offerings contributing to its expansion. Repair businesses are now equipped with advanced diagnostic tools, enabling them to address a broader spectrum of issues more effectively. Many services offer on-site repairs, mail-in options, and quick turnaround times for greater customer convenience. Companies such as uBreakiFix and Gazelle have broadened their portfolio to include walk-in repairs, mail-in services, and even same-day repairs, addressing a diverse array of consumer needs.

Key Market Derivers

Digital Transformation and Sophistication of Devices

The primary catalyst for growth in the Global Consumer Electronics Repair and Maintenance Market is digital transformation. The continual integration of sophisticated technology in consumer electronics—in particular, the incorporation of AI capabilities and IoT functionalities—has considerably increased these devices' complexity. This encompasses a range of innovations, including AI-powered functionalities in smartphones, virtual assistants in smart speakers, and advanced touchscreen interfaces in computers and other appliances. Due to increased intricacy, consumers increasingly seek professional repair services for problems beyond basic troubleshooting. Moreover, digital transformation spawns entirely new device categories, such as smart home systems, which necessitate specialized repair services, thereby broadening the market scope.

Rising Environmental Awareness and Cost Concerns

Environmental sustainability and cost considerations are also significant drivers of this market. According to the Global E-Waste Monitor, the electronic waste (e-waste) market was valued at about USD 50 billion in 2022 and is expected to grow to USD 79 billion by 2026. The substantial environmental threat posed by e-waste, including pollution and depletion of resources, has heightened consumer awareness. Consequently, around 45% of consumers favor repairing their devices over buying new ones. This preference is driven not only by the lower cost of repairs compared to replacement but also by environmental concerns. The growing right-to-repair movement, which advocates for consumer rights to repair their gadgets, aligns with this trend, further propelling market growth. Legal frameworks and consumer demands for sustainable practices foster a supportive environment for the repair and maintenance sector to thrive.


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Key Market Challenges

Rapid Technological Advancements

A major hurdle in the Global Consumer Electronics Repair and Maintenance Market is the swift pace of technological innovation. Continuously emerging new devices with unique technologies can render existing repair tools and methodologies obsolete quickly. This constant evolution necessitates frequent investments in employee training and acquiring new diagnostic equipment, increasing operational costs and complexities for repair businesses. These companies must adapt continuously to manage a variety of device models and new features. Moreover, specialized modern technologies often require proprietary parts that are not readily accessible, limiting the capabilities of third-party repair services and pushing customers towards manufacturer service centers.

Limited Access to Proprietary Parts

Access to proprietary parts remains a significant barrier. Many manufacturers control the availability of parts and diagnostic information, making it difficult for independent repair shops to offer comprehensive services. This issue is compounded by the increasing trend of designing modern devices with planned obsolescence, making repairs more challenging. The absence of standardized parts across different brands and models complicates supply chain and inventory management for repair businesses. Without access to genuine or compatible parts, the quality and reliability of repairs are compromised, leading to customer dissatisfaction and potential legal repercussions for repair service providers.

Key Market Trends

Growth of DIY Repair Kits and Resources

A notable trend in this market is the increasing popularity of DIY (Do-It-Yourself) repair kits and resources. More consumers are now inclined to repair their devices independently to cut costs and reduce e-waste. Manufacturers and third-party suppliers have responded by offering complete repair kits, which include tools, parts, and detailed guides. Platforms like iFixit provide extensive repair manuals and community assistance for DIY enthusiasts. This trend empowers consumers and increases demand for replacement parts and special tools, creating secondary markets and additional revenue streams. The availability of video tutorials and online forums facilitates the DIY repair process, making it more accessible to a wider audience.

Advancements in Diagnostic Tools and Services

The development of advanced diagnostic tools and service offerings is another significant trend. Repair businesses are increasingly investing in state-of-the-art diagnostic equipment that swiftly identifies issues in complex modern electronic devices. These advanced diagnostic tools enhance the accuracy and efficiency of repairs, leading to greater customer satisfaction and shorter turnaround times. Companies like uBreakiFix and Gazelle are extending their service capabilities to include on-site and mail-in repairs, offering added convenience for consumers. Innovations in diagnostics improve repair quality and enable businesses to tackle a diverse range of issues, scaling their operations and capturing a larger market share.

Segmental Insights

Product Type Insights

The personal device repair and maintenance segment is anticipated to be the fastest-growing segment within the consumer electronics repair and maintenance market. Increased dependence on personal electronic devices such as smartphones, tablets, and laptops has significantly escalated the demand for repair services. These devices often encounter common issues such as screen damage, battery depletion, and software glitches due to frequent use. With the rapid pace of technological advancements, the complexity of these devices continues to grow, requiring specialized repair skills and parts. Investments in advanced diagnostic tools and repair training have yielded successful outcomes for service providers, enabling them to handle complex issues more effectively and drive the growth of this segment.


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Regional Insights

North America's consumer electronics repair and maintenance market holds the largest market share. The high adoption rate of advanced electronic devices such as smartphones, laptops, and smart home systems fuels the need for frequent repair services. The increasing complexity of these devices necessitates specialized repair expertise, driving demand for professional services. Additionally, the trend of extending the lifespan of electronic devices rather than replacing them supports the need for repair and maintenance services. The region's well-developed infrastructure and high disposable income levels contribute to market growth, as consumers are more inclined to invest in repair services to keep their electronic devices functioning optimally.

Recent Developments

  • In June 2024, Fixle, a well-known provider of home management solutions, announced a strategic partnership with Sears Home Services, a renowned leader in home appliances and services. This collaboration is set to revolutionize appliance repair access and enhance the home management experience by offering comprehensive home warranties.

  • In May 2024, Quest Global, a global product engineering services firm, announced the acquisition of a majority stake in People Tech Group, a prominent leader in digital transformation and innovation for Fortune 500 companies. This strategic move represents a major milestone in Quest Global's growth, significantly expanding its presence in North America's Automotive and Hi-Tech sectors.

  • In June 2023,  The Ministry of Electronics and Information Technology (MeitY) launched a pilot initiative to boost India's electronics repair services outsourcing industry. This project aims to position India as a global hub for electronics repair, enhancing the sector's efficiency and competitiveness in the international market.

Key Market Players

  • Quest International, Inc. 
  • American Home Shield Corporation
  • Asurion, LLC
  • B2X Care Solutions GmbH 
  • Transform SR Brands LLC. (Sears Home Services)
  • MicroFirst Gaming Inc.
  • CND Electronic Technology (Shenzhen) Co., Ltd.
  • The CableShoppe Inc (CSI)
  • ACS Industrial Services, Inc.
  • Mendtronix Inc.

 

By Product Type

 

By Service Type

 

By End Use

 

By Region
  • Entertainment Devices
  • Personal Devices
  • Others
  • In Warranty
  • Out of Warranty
  • Residential
  • Commercial
  • North America
  • Asia Pacific
  • Europe
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Consumer Electronics Repair and Maintenance Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •   Consumer Electronics Repair and Maintenance Market, By Product Type:

o   Entertainment Devices

o   Personal Devices

o   Others

  • Consumer Electronics Repair and Maintenance Market, By Service Type:

o   In Warranty

o   Out of Warranty

  • Consumer Electronics Repair and Maintenance Market, By End Use:

o   Residential

o   Commercial

  •    Consumer Electronics Repair and Maintenance Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

§  Indonesia

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   South America

§  Argentina

§  Colombia

§  Brazil

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Consumer Electronics Repair and Maintenance Market.

Available Customizations:

Global Consumer Electronics Repair and Maintenance Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Consumer Electronics Repair and Maintenance Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Source of Information

4.2.  Factor Influencing Availing Decision

5.    Global Consumer Electronics Repair and Maintenance Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Entertainment Devices, Personal Devices, Others),

5.2.2.    By Service Type Market Share Analysis (In Warranty, Out of Warranty)

5.2.3.    By End Use Market Share Analysis (Residential, Commercial)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        Europe Market Share Analysis

5.2.4.3.        Asia Pacific Market Share Analysis

5.2.4.4.        Middle East & Africa Market Share Analysis

5.2.4.5.        South America Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Consumer Electronics Repair and Maintenance Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Service Type Market Mapping & Opportunity Assessment

5.3.3.    By End Use Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North America Consumer Electronics Repair and Maintenance Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Service Type Market Share Analysis

6.2.3.    By End Use Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Consumer Electronics Repair and Maintenance Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Product Type Market Share Analysis

6.3.1.2.2.           By Service Type Market Share Analysis

6.3.1.2.3.           By End Use Market Share Analysis

6.3.2.    Canada Consumer Electronics Repair and Maintenance Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Product Type Market Share Analysis

6.3.2.2.2.           By Service Type Market Share Analysis

6.3.2.2.3.           By End Use Market Share Analysis

6.3.3.    Mexico Consumer Electronics Repair and Maintenance Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Product Type Market Share Analysis

6.3.3.2.2.           By Service Type Market Share Analysis

6.3.3.2.3.           By End Use Market Share Analysis

7.    Asia Pacific Consumer Electronics Repair and Maintenance Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Service Type Market Share Analysis

7.2.3.    By End Use Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.3.  Asia Pacific: Country Analysis

7.3.1.    China Consumer Electronics Repair and Maintenance Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Type Market Share Analysis

7.3.1.2.2.           By Service Type Market Share Analysis

7.3.1.2.3.           By End Use Market Share Analysis

7.3.2.    Japan Consumer Electronics Repair and Maintenance Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Type Market Share Analysis

7.3.2.2.2.           By Service Type Market Share Analysis

7.3.2.2.3.           By End Use Market Share Analysis

7.3.3.    India Consumer Electronics Repair and Maintenance Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product Type Market Share Analysis

7.3.3.2.2.           By Service Type Market Share Analysis

7.3.3.2.3.           By End Use Market Share Analysis

7.3.4.    Australia Consumer Electronics Repair and Maintenance Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Product Type Market Share Analysis

7.3.4.2.2.           By Service Type Market Share Analysis

7.3.4.2.3.           By End Use Market Share Analysis

7.3.5.    South Korea Consumer Electronics Repair and Maintenance Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Product Type Market Share Analysis

7.3.5.2.2.           By Service Type Market Share Analysis

7.3.5.2.3.           By End Use Market Share Analysis

7.3.6.    Indonesia Consumer Electronics Repair and Maintenance Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Product Type Market Share Analysis

7.3.6.2.2.           By Service Type Market Share Analysis

7.3.6.2.3.           By End Use Market Share Analysis

8.    Europe Consumer Electronics Repair and Maintenance Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Service Type Market Share Analysis

8.2.3.    By End Use Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.3.  Europe: Country Analysis

8.3.1.    France Consumer Electronics Repair and Maintenance Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Type Market Share Analysis

8.3.1.2.2.           By Service Type Market Share Analysis

8.3.1.2.3.           By End Use Market Share Analysis

8.3.2.    United Kingdom Consumer Electronics Repair and Maintenance Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Type Market Share Analysis

8.3.2.2.2.           By Service Type Market Share Analysis

8.3.2.2.3.           By End Use Market Share Analysis

8.3.3.    Italy Consumer Electronics Repair and Maintenance Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Type Market Share Analysis

8.3.3.2.2.           By Service Type Market Share Analysis

8.3.3.2.3.           By End Use Market Share Analysis

8.3.4.    Germany Consumer Electronics Repair and Maintenance Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product Type Market Share Analysis

8.3.4.2.2.           By Service Type Market Share Analysis

8.3.4.2.3.           By End Use Market Share Analysis

8.3.5.    Spain Consumer Electronics Repair and Maintenance Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product Type Market Share Analysis

8.3.5.2.2.           By Service Type Market Share Analysis

8.3.5.2.3.           By End Use Market Share Analysis

9.    South America Consumer Electronics Repair and Maintenance Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Service Type Market Share Analysis

9.2.3.    By End Use Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Argentina Consumer Electronics Repair and Maintenance Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Type Market Share Analysis

9.3.1.2.2.           By Service Type Market Share Analysis

9.3.1.2.3.           By End Use Market Share Analysis

9.3.2.    Colombia Consumer Electronics Repair and Maintenance Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Type Market Share Analysis

9.3.2.2.2.           By Service Type Market Share Analysis

9.3.2.2.3.           By End Use Market Share Analysis

9.3.3.    Brazil Consumer Electronics Repair and Maintenance Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Type Market Share Analysis

9.3.3.2.2.           By Service Type Market Share Analysis

9.3.3.2.3.           By End Use Market Share Analysis

10. Middle East & Africa Consumer Electronics Repair and Maintenance Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Service Type Market Share Analysis

10.2.3. By End Use Market Share Analysis

10.2.4. By Country Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Consumer Electronics Repair and Maintenance Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type Market Share Analysis

10.3.1.2.2.         By Service Type Market Share Analysis

10.3.1.2.3.         By End Use Market Share Analysis

10.3.2. Saudi Arabia Consumer Electronics Repair and Maintenance Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type Market Share Analysis

10.3.2.2.2.         By Service Type Market Share Analysis

10.3.2.2.3.         By End Use Market Share Analysis

10.3.3. UAE Consumer Electronics Repair and Maintenance Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type Market Share Analysis

10.3.3.2.2.         By Service Type Market Share Analysis

10.3.3.2.3.         By End Use Market Share Analysis

10.3.4. Turkey Consumer Electronics Repair and Maintenance Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product Type Market Share Analysis

10.3.4.2.2.         By Service Type Market Share Analysis

10.3.4.2.3.         By End Use Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Impact of COVID-19 on Global Consumer Electronics Repair and Maintenance Market

12.1.            Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Region Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. Quest International

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. American Home Shield Corporation

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Asurion, LLC

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. B2X Care Solutions

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Transform SR Brands LLC. (Sears Home Services)

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. MicroFirst Gaming Inc.

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. CND Electronic Technology (Shenzhen) Co., Ltd.

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. The CableShoppe Inc (CSI)

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. ACS Industrial Services, Inc.

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10. Mendtronix Inc.

14.1.10.1.     Company Details

14.1.10.2.     Products

14.1.10.3.     Financials (As Per Availability)

14.1.10.4.     Key Market Focus & Geographical Presence

14.1.10.5.     Recent Developments

14.1.10.6.     Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.            Key Focus Areas

15.2.            Target By Product Type

15.3.            Target By End Use

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Consumer Electronics Repair and Maintenance Market was estimated to be USD 17.99 billion in 2023.

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The major drivers for the global consumer electronics repair and maintenance market include cost savings, increasing device longevity, rising environmental awareness, and growing demand for refurbished electronics over new purchases.

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Major trends in the global consumer electronics repair and maintenance market include the rise of DIY repair kits, advanced diagnostic tools, sustainable practices, and increased use of third-party repair services.

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The global consumer electronics repair and maintenance market faces challenges such as rapid technological advancements, limited access to proprietary parts, declining repairability of devices, and increasing e-waste management complexities.

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Parvati Sharma

Account Manager BD
Press Release

Consumer Electronics Repair and Maintenance Market to Grow with a CAGR of 4.87% through 2029

Nov, 2024

The global consumer electronics repair and maintenance market is growing due to increasing electronic device usage, rising demand for cost-effective repair solutions, and advancements in technologies

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