Earlier to the COVID-19 pandemic, a modest growth rate in the electronics market was witnessed globally. After the pandemic, the global electronics industry has faced a dual impact. The production facilities of the electronics parts have been halted owing to the logistics slowdown and unavailability of the workforce across the globe. On the other hand, various e-commerce companies all across the globe have discontinued the delivery of non-essential items (including most of the electronics products), which is affecting the electronics industry.

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The report analyzes the global electronics industry on the basis of product type, application, and geography. Based on product type, the market is classified into DRAM, SSD, MCP, processor, image sensor, and others. Based on the application the market is analyzed on the basis of automotive, communication equipment, enterprise system, industrial, and personal electronics. Personal electronics segment is expected to be most affected due to coronavirus pandemic.

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Geographically, the market is analyzed into North America, Europe, Asia-Pacific, and the Rest of the World. China has been hit hard by this spread of the virus as the country is an epicenter of the COVID-19. Not only China, several major economies including the US, Italy, France, Spain, Germany, and India are also affected by the COVID-19 outbreak and so is their electronic industry. Research by the American Chamber of Commerce in Shanghai (AmCham Shanghai) found that two-thirds of US businesses operating in China expect demand to be lower as a result of COVID-19 due to lack of sufficient staff. The shutdown of retail shops and showrooms of major brands, supermarkets, and hypermarkets for a definite period of time is further anticipated to affect the sales of various electronics products.

Impact on Electronics Industry due to COVID-19 Market Segmentation

By Product

DRAM

SSD

MCP

Processor

Image Sensor

Others

By Application

Automotive

Communication Equipment

Enterprise System

Industrial

Personal Electronics

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Companies Covered

Apple Inc.

Toshiba Corp.

Qualcomm Inc.

OmniVision Technologies Inc.

Micron Technology, Inc.

SK Hynix, Inc.

Intel Corp.

Samsung Electronics Co., Ltd.

ADATA Technology Co., Ltd.

Advanced Micro Devices, Inc.

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