World DVD Players & DVD Recorders Market to Reach 127.69 Million Units by 2010, According to New Report by Global Industry Analysts, Inc.Wednesday, July 25th, 2007
Driven by advancements in consumer electronics, and the growing popularity of home theater systems, the world DVD players & DVD recorders market is projected to reach 127.69 million units by the year 2010. With competition intensifying by the year, price reductions are expected to optimize market penetration for these products worldwide.
SAN JOSE, California — Global DVD players & DVD recorders market is dominated by the world's most technology savvy country, Japan with a percentage share of over 40%. Japan is followed by Europe and the United States. As stated by the recent report published by Global Industry Analysts, Inc., growth in the DVD players market is expected to stem from Asia-Pacific, which flaunts the potential to rise by 600 thousand units between the period 2007 to 2010. Turbo-charging global growth is the DVD recorders market, which is expected to witness exponential growth to the tune of 38.6% over the analysis period of 2001 through 2010. The United States is expected to rake in the highest demand, growing at a CAGR of 48%, followed by Japan and Asia-Pacific. In Europe, Germany ranks as the single largest individual regional market for DVD players and DVD recorders, followed by France and the United Kingdom.
Leading global and regional players operating in the industry include Toshiba America Inc, Sony Corporation, Sony Corporation of America, Samsung Electronics Co. Ltd, Panasonic Corporation, Royal Philips Electronics, LG Electronics, Hitachi, Sanyo Electric Co. Ltd, Audiovox Corporation, and BenQ Corporation, among others.
The report titled "DVD Players & DVD Recorders: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of products, technology developments, market drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key product segments. Product markets analyzed in the report include DVD Players, and DVD Recorders. Latent demand patterns in product markets are quantified across major geographic market verticals including United States, Japan, France, Germany, Italy, United Kingdom, and Asia-Pacific, among others. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.