Consumer Electronics

As it is well known, the global consumer electronics market (including OEM and retail sales) was valued at $681bn in 2009 and it is forecasted to grow by 2014 at a CAGR of 5.2% approximately by $877.5bn. New or emerging markets are the new growth driver for this industry, as the global recession has negatively affected the consumer electronics sales in developed economies.

Uprising disposable personal income (DPI) and a middle class population seeking a better lifestyle will primarily drive demand for consumer electronics products in new or emerging markets. Important governmental and private sector investments at optimizing and improving the Information and Communications Technology Infrastructure will further increase demand for portable and digital electronics.

A rising Internet knowledge and the introduction of cloud computing & relevant platforms which empowers easy access to a variety of applications and content (data & media) drives consumer awareness about digital technologies and consumer electronics products in new or emerging markets.

On the other hand, we’re aware that the cost to manufacture cutting-edge application-specific microchips continues to rise, with the shrinking of process technology and it is fluctuating between $10 million to $20 million

Miran Green Services Limited (M.G.S.L.™) truly believes that due to the current challenges of the global economy plus an unbalancing design and manufacturing cost, companies seem to straggle to supply high-value and high-volume products to the makers of consumer electronic devices.

Due to this among other challenges, Miran Green Services Limited (M.G.S.L.™) believes that in order to continue to be competitive, increase your profitability and market share and in essence continue to succeed companies must at least balance their design and manufacturing costs.

Our Offering tailored to the Consumer Electronics Market

Contact us today to discuss your needs and our solutions.