The Global Electronic Equipment Repair Services Market is expected to reach $1, 26,890.46 million by 2027 growing at a CAGR of 9.5% from 2020 to 2027. Electronic equipment repair services fix all types of electronics, from small kitchen appliances to heating, ventilation and air conditioning (HVAC) control systems. Electronic equipment repair services are offered by electronics technicians including, the design, development, testing, manufacture, installation, and the repair of electrical and electronic equipment. Some models of this equipment repair services are navigational equipment, medical monitoring devices, household appliances, communications equipment, computers, etc.
Factors such as rise in demand for refurbished electronic equipment, growing need of regular maintenance and servicing of electronic goods & equipment to increase their shelf life are driving the growth of the market. However, changing consumer behaviour towards the purchase of new electronic equipment rather than getting them repaired and dearth of skilled professionals are restraining the growth of the market.
Based on the product, the consumer electronics segment is going to have a lucrative growth during the forecast period as consumers are more likely to repair or refurbish their current devices instead of investing in new equipment. Due to this it is anticipated to fuel the expansion of the electronic equipment repair service market in the years ahead.
The key vendors mentioned Mendtronix Inc., The Cableshoppe Inc., B2X Care Solutions GmbH, iCracked, Inc. , Moduslink Global Solutions, Quest International Inc, Encompass Supply Chain Solutions Inc., Electronix Services, Global Electronic Services, Inc., Redington Services, MicroFirst Gaming Inc., iCracked Inc., Domex Ltd., SoBellas Appliance LLC and Robert Bosch GmbH.
Services Covered:
• In Warranty
• Out of Warranty
• Warranty Service
Products Covered:
• Consumer Electronics
• Home Appliances
• Industrial Equipment
• Medical Equipment
Applications Covered:
• Business
• Personal
Appliances Type Covered:
• Refrigerators
• Washing Machines
• Television
• Laptop / Personal Computer (PC)
• Mobile Phone / Tablet
End Users Covered:
• Industrial
• Residential
• Commercial
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key Questions Answered in this Report:
• How this market evolved since the year 2019
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electronic Equipment Repair Service Market, By Service
5.1 Introduction
5.2 In Warranty
5.3 Out of Warranty
5.4 Warranty Service
6 Global Electronic Equipment Repair Service Market, By Product
6.1 Introduction
6.2 Consumer Electronics
6.3 Home Appliances
6.4 Industrial Equipment
6.5 Medical Equipment
7 Global Electronic Equipment Repair Service Market, By Application
7.1 Introduction
7.2 Business
7.3 Personal
8 Global Electronic Equipment Repair Service Market, By Appliances Type
8.1 Introduction
8.2 Refrigerators
8.3 Washing Machines
8.4 Television
8.5 Laptop/Personal Computer (PC)
8.6 Mobile Phone/Tablet
9 Global Electronic Equipment Repair Service Market, By End User
9.1 Introduction
9.2 Industrial
9.3 Residential
9.4 Commercial
10 Global Electronic Equipment Repair Service Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Mendtronix Inc.
12.2 The Cableshoppe Inc.
12.3 B2X Care Solutions GmbH
12.4 iCracked, Inc.
12.5 Moduslink Global Solutions
12.6 Quest International Inc
12.7 Encompass Supply Chain Solutions Inc.
12.8 Electronix Services
12.9 Global Electronic Services, Inc.
12.10 Redington Services
12.11 MicroFirst Gaming Inc.
12.12 iCracked Inc.
12.13 Domex Ltd.
12.14 SoBellas Appliance LLC
12.15 Robert Bosch GmbH
List of Data Tables
1 Global Electronic Equipment Repair Service Market Outlook, By Region (2019-2027) ($MN)
2 Global Electronic Equipment Repair Service Market Outlook, By Service (2019-2027) ($MN)
3 Global Electronic Equipment Repair Service Market Outlook, By In Warranty (2019-2027) ($MN)
4 Global Electronic Equipment Repair Service Market Outlook, By Out of Warranty (2019-2027) ($MN)
5 Global Electronic Equipment Repair Service Market Outlook, By Warranty Service (2019-2027) ($MN)
6 Global Electronic Equipment Repair Service Market Outlook, By Product (2019-2027) ($MN)
7 Global Electronic Equipment Repair Service Market Outlook, By Consumer Electronics (2019-2027) ($MN)
8 Global Electronic Equipment Repair Service Market Outlook, By Home Appliances (2019-2027) ($MN)
9 Global Electronic Equipment Repair Service Market Outlook, By Industrial Equipment (2019-2027) ($MN)
10 Global Electronic Equipment Repair Service Market Outlook, By Medical Equipment (2019-2027) ($MN)
11 Global Electronic Equipment Repair Service Market Outlook, By Application (2019-2027) ($MN)
12 Global Electronic Equipment Repair Service Market Outlook, By Business (2019-2027) ($MN)
13 Global Electronic Equipment Repair Service Market Outlook, By Personal (2019-2027) ($MN)
14 Global Electronic Equipment Repair Service Market Outlook, By Appliances Type (2019-2027) ($MN)
15 Global Electronic Equipment Repair Service Market Outlook, By Refrigerators (2019-2027) ($MN)
16 Global Electronic Equipment Repair Service Market Outlook, By Washing Machines (2019-2027) ($MN)
17 Global Electronic Equipment Repair Service Market Outlook, By Television (2019-2027) ($MN)
18 Global Electronic Equipment Repair Service Market Outlook, By Laptop / Personal Computer (PC) (2019-2027) ($MN)
19 Global Electronic Equipment Repair Service Market Outlook, By Mobile Phone / Tablet (2019-2027) ($MN)
20 Global Electronic Equipment Repair Service Market Outlook, By End User (2019-2027) ($MN)
21 Global Electronic Equipment Repair Service Market Outlook, By Industrial (2019-2027) ($MN)
22 Global Electronic Equipment Repair Service Market Outlook, By Residential (2019-2027) ($MN)
23 Global Electronic Equipment Repair Service Market Outlook, By Commercial (2019-2027) ($MN)
24 North America Electronic Equipment Repair Service Market Outlook, By Service (2019-2027) ($MN)
25 North America Electronic Equipment Repair Service Market Outlook, By Product (2019-2027) ($MN)
26 North America Electronic Equipment Repair Service Market Outlook, By Application (2019-2027) ($MN)
27 North America Electronic Equipment Repair Service Market Outlook, By Appliances Type (2019-2027) ($MN)
28 North America Electronic Equipment Repair Service Market Outlook, By End User (2019-2027) ($MN)
29 Europe Electronic Equipment Repair Service Market Outlook, By Service (2019-2027) ($MN)
30 Europe Electronic Equipment Repair Service Market Outlook, By Product (2019-2027) ($MN)
31 Europe Electronic Equipment Repair Service Market Outlook, By Application (2019-2027) ($MN)
32 Europe Electronic Equipment Repair Service Market Outlook, By Appliances Type (2019-2027) ($MN)
33 Europe Electronic Equipment Repair Service Market Outlook, By End User (2019-2027) ($MN)
34 Asia Pacific Electronic Equipment Repair Service Market Outlook, By Service (2019-2027) ($MN)
35 Asia Pacific Electronic Equipment Repair Service Market Outlook, By Product (2019-2027) ($MN)
36 Asia Pacific Electronic Equipment Repair Service Market Outlook, By Application (2019-2027) ($MN)
37 Asia Pacific Electronic Equipment Repair Service Market Outlook, By Appliances Type (2019-2027) ($MN)
38 Asia Pacific Electronic Equipment Repair Service Market Outlook, By End User (2019-2027) ($MN)
39 South America Electronic Equipment Repair Service Market Outlook, By Service (2019-2027) ($MN)
40 South America Electronic Equipment Repair Service Market Outlook, By Product (2019-2027) ($MN)
41 South America Electronic Equipment Repair Service Market Outlook, By Application (2019-2027) ($MN)
42 South America Electronic Equipment Repair Service Market Outlook, By Appliances Type (2019-2027) ($MN)
43 South America Electronic Equipment Repair Service Market Outlook, By End User (2019-2027) ($MN)
44 Middle East & Africa Electronic Equipment Repair Service Market Outlook, By Service (2019-2027) ($MN)
45 Middle East & Africa Electronic Equipment Repair Service Market Outlook, By Product (2019-2027) ($MN)
46 Middle East & Africa Electronic Equipment Repair Service Market Outlook, By Application (2019-2027) ($MN)
47 Middle East & Africa Electronic Equipment Repair Service Market Outlook, By Appliances Type (2019-2027) ($MN)
48 Middle East & Africa Electronic Equipment Repair Service Market Outlook, By End User (2019-2027) ($MN)