Consumer electronics in 2024: The big picture
Consumer electronics in Taiwan saw a decline once again in volume terms but some growth in current value terms in 2024, mainly due to a post-pandemic recovery in expenditure on outbound travel in 2023, along with the launch of more AI-initiated technologies and relevant new models in 2024.
2024 key trends
Overall, category saturation has driven key players to continuously launch innovative models to attract Taiwanese consumers seeking novelty in their daily lives.
Competitive landscape
Apple overtook Samsung in 2020 due to better performance consolidated from smartphones, smart wearables, computers, wireless speakers and headphones. Its more comprehensive product portfolio and consumer loyalty have helped boost overall sales performance.
Retailing developments
E-commerce continued to gain traction in Taiwan in 2024, mainly supported by consumption habits that have persisted post-COVID-19. While local consumers traditionally prefer to visit brick-and-mortar outlets to personally experience products before making a purchasing decision, by the end of the review period, they were increasingly prepared to buy products online.
What next for consumer electronics?
Consumer electronics in Taiwan are projected to remain relatively flat over the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Electronics industry in Taiwan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Computers and Peripherals
- In-Car Entertainment
- Home Audio and Cinema
- Home Video
- Imaging Devices
- Mobile Phones
- Portable Players
- Wearable Electronics
If you're in the Consumer Electronics industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Electronics in Taiwan report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Electronics in Taiwan?
- Which are the leading brands in Taiwan?
- How are products distributed in Taiwan?
- How is the rise of e-commerce changing the retail landscape?
- How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
- How are considerations such as urban development and the rise in single-person households driving sales growth?
- Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
- Where is future growth expected to be most dynamic?
Consumer Electronics in Taiwan
Consumer electronics in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
DISCLAIMER
Computers and Peripherals in Taiwan
KEY DATA FINDINGS
Some volume growth in 2024 after posting significant decline in 2023
Innovative models continue to attract consumer interest
Printers register decline once again as consumer demand falls away
AsusTek will continue progressively marketing its gaming computers, ultra-slim laptops, desktops and laptops (business)
All brands will turn their attention towards Internet retailing in the years ahead
Computex Taipei will remain a significant event in computers and peripherals
In-Car Entertainment in Taiwan
KEY DATA FINDINGS
In-car entertainment remains compromised due to deeper penetration of smartphones and declines in car sales in 2024
Car workshops remain the most significant retailing channel for in-car entertainment
Laws governing use of electronic devices in Taiwan reduce consumer reliance on in-car entertainment devices
Garmin is set to retain its leading advantage over Papago
Manufacturers will turn their focus towards other categories in response to shrinking sales of in-care entertainment
Local official subsidies help boost momentum for in-car entertainment
Home Audio and Cinema in Taiwan
KEY DATA FINDINGS
Home audio and cinema continue to decline in the face of evolving technological innovations
Audio separates and home cinema and speakers see slower declines, thanks to popularity of soundbars
Appliances and electronics specialists remains the leading distribution channel in 2024
Panasonic will continue to lead, thanks to its focus on high-quality products
Japanese brands are expected to maintain their dominance
Local brands set to keep striving in an arena replete with international brands
Home Video in Taiwan
KEY DATA FINDINGS
Home video sees slight increase in volume terms in 2024
OLED TVs becomes more competitive as Philips joins in 2024
BD players and DVD players see faster decline in 2024
Panasonic set to retain its leading position in home video in the years ahead
Key brands will exhibit updated models annually at Computex
Taiwanese consumers will continue to value brick-and-mortar stores in the years ahead
Headphones in Taiwan
KEY DATA FINDINGS
TWS earbuds register strongest performance in volume terms in 2024
Apple leads headphones, supported by its AirPods and AirPods Max brands
E-commerce dominates the distribution of headphones in 2024
TWS earbuds will continue to lead growth in the years ahead
Retailers must invest in in-store experiences to compete with e-commerce
New brands will keep investing in social media to generate interest
Imaging Devices in Taiwan
KEY DATA FINDINGS
Digital camcorders lose out to smartphones in 2024
Post-pandemic travel has helped boost sales performance of imaging devices
Retail e-commerce remains the most significant distribution channel for imaging devices in 2024
GoPro set to retain leading position in camcorders over the forecast period
Category will face ongoing threat from smartphones in the coming years
Increasing penetration of e-commerce will place ongoing pressure on appliances and electronics specialists
Mobile Phones in Taiwan
KEY DATA FINDINGS
Lack of new product development, shrinking consumer confidence and longer replacement times hinder sales
Apple’s iPhone retains its lead, enjoying high levels of brand loyalty
Telco-operated stores remain most important retail channel in 2024
Chinese players set to gain traction over the forecast period
Growth of digital payment systems will further consolidate value growth in smartphones
Feature phones will continue to fall as seniors shift to smartphones
Portable Players in Taiwan
KEY DATA FINDINGS
Wireless speakers continue to drive category growth in 2024
Apple maintains competitive advantage in a fragmented arena
Despite little interest in e-readers, Readmoo continues to invest
Wireless speakers will see continuous growth over the forecast period
Wireless speakers players could form partnerships with consumer appliance manufactures in the coming years
Readmoo’s activity in e-readers could tempt others to invest in the category
Wearable Electronics in Taiwan
KEY DATA FINDINGS
Wearable electronics enjoys growth in 2024, supported by prevailing health and wellness trends
Smart wearables benefits from advances in technology
Apple Watch retains its lead, while Xiaomi seeks to expand its coverage
Health concerns will drive brands to focus on developing health and wellness-targeted products
Over 50s represent a key target group for wearable electronics
Children-centred products set to come to the fore in the years ahead
The following categories and subcategories are included:
Consumer Electronics
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- Desktops
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- Laptops
- Tablets
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- Monitors
- Printers
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- In-Car Navigation
- In-Car Speakers
- In-Dash Media Players
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- Audio Separates
- Digital Media Player Docks
- Hi-Fi Systems
- Home Cinema and Speaker Systems
- Speakers
- Other Home Audio and Cinema
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- Analogue TVs
- LCD TVs
- OLED TVs
- Plasma TVs
- Other TVs
- TV Combis
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- BD Players
- DVD Players
- Video Recorders
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- Mass Wireless Headbands
- Premium Wireless Headbands
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- Mass Wireless Earphones
- Premium Wireless Earphones
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- Mass TWS Earbuds
- Premium TWS Earbuds
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- Digital Cameras
- Digital Camcorders
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- Feature Phones
- Smartphones
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- E-Readers
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- Portable Multimedia Players
- Other Portable Media Players
- Wireless Speakers
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- Activity Bands
- Activity Watch (Analogue)
- Activity Watch (Digital)
- Smart Wearables
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Consumer Electronics
Consumer Electronics refers to the sales of Computers and Peripherals, In-Home Consumer Electronics, In-Car Entertainment and Portable Consumer Electronics to the end consumer.
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This report originates from Passport, our Consumer Electronics research and analysis database.
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