Chile Consumer Electronics Report Q2 2015
Headline Expenditure Projections
Computer sales: USD1.269bn in 2015 to USD1.368bn in 2016, 7.8% in US dollar terms. Unit growth is being driven by the boom in tablet sales, but with additional volume concentrated at the low-end, and peso depreciation forecast for 2015, we expect a contraction in market value.
AV sales: USD1.198bn in 2015 to USD1.214bn in 2016, +1.3% in US dollar terms. After a boost to TV set sales in 2014 as a result of the FIFA World Cup in Brazil, we expect a marked slowdown in sales growth in 2015.
Handset sales: USD895mn in 2015 to USD918mn in 2016, +2.6% in US dollar terms. A continued boom in smartphone volumes will ensure continued growth in value terms, but increasing saturation and peso depreciation mean growth is expected to slow from the rate seen in 2014.
Key Trends & Developments
Browsing traffic data indicate Motorola has made major inroads into the Chilean smartphone market, which, combined with the threat stemming from the international expansion of Chinese smartphone vendor operations, has hit vendors with a long history in the region. One struggling player in the Android ecosystem in Chile is Sony, with performance very weak considering the efforts it put in to promote its Xperia Z handset in 2013. The device offers a 13-megapixel camera and was expected to put Sony in more direct competition with Samsung's Galaxy range. However, browsing traffic data shows that Sony failed to gain momentum with its new handset. In September 2014 Sony announced it was withdrawing from the Latin American smartphone market to focus on...
The Chile Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Chile.
Business Monitor International (BMI)'s Chile Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Chile.
- Benchmark BMI's independent consumer electronics industry forecasts for Chile to test other views - a key input for successful budgeting and strategic business planning in the Chilean consumer electronics market.
- Target business opportunities and risks in Chile through our reviews of latest industry trends and major deals, projects and investments.
- Exploit the latest competitive intelligence with company SWOT analyses.
BMI Industry View
Summary of BMI's key industry forecasts, views and trend analysis covering consumer electronics, major investments and projects.
Consumer Electronics Market
Analysis of the size of the domestic market for electronics products, with in-depth assessment and data covering the dynamics driving each sub-sector; audio-visual, computers, mobile phone handsets and gaming devices, as well as demand for automotives electronics.
Analysis and data of the domestic electronics manufacturing sector. We assess the regulatory and business operational issues facing manufacturers - including openness to foreign investment, infrastructure, IP issues and the global demand context - and their impact on the production of electronics goods, which is again broken down via market sub-sectors.
Industry Forecast Scenario
Historic data series and forecasts to end-2018 for all key industry and economic indicators (see list below), supported by explicit assumptions, plus analysis of key risks to the main forecast, covering computers, communications and gaming devices. Indicators include:
Industry value (US$bn); population (mn); nominal GDP (US$bn); real GDP growth (%), GDP per capita, industrial production Index (% y-o-y ave.) unemployment % of labour force.
Business Environment Rankings
BMI's Consumer Electronics Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors and participants in the regional consumer electronics market. The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data points.
In 2015, peso depreciation will be a drag on the market value growth, whereas lower oil prices should feed through to a higher spending power at the consumer level. Low penetration of smartphones and tablets should continue to be the key drivers of Chile's consumer electronics market over our forecast period, helped by their growing affordability and the advent of the USD100 smartphone.
BMI Industry View
Consumer Electronics Market
Table: Consumer Electronics Overview (Chile 2012-2018)
Table: Economic Activity (Chile 2009-2018)
Industry Risk Reward Ratings
Table: Americas Risk/Reward Index - Q1 2015
Table: PC Sales (Chile 2012-2018)
Table: AV Sales (Chile 2012-2018)
Table: Mobile Communications (Chile 2012-2018)
Table: Samsung Electronics
Industry Trends And Developments
Table: Government Authority
Table: Chile's Population By Age Group, 1990-2020 ('000)
Table: Chile's Population By Age Group, 1990-2020 (% of total)
Table: Chile's Key Population Ratios, 1990-2020
Table: Chile's Rural And Urban Population, 1990-2020
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Consumer Electronics Risk/Reward Index Indicators
Table: Weighting Of Indicators
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