Electrical and Electronics in Asia-Pacific with Sales of US $204.4 Billion in 2014 Will Grow at a CAGR of 9.3% over 2014-2019
Specialist retailers dominate the market; however, the online channel is forecast to witness staggering growth, mainly driven by smart deals and the desire for a convenient shopping experience. However, many of the developing countries in Asia-Pacific are under-penetrated markets for key Electrical and Electronics products. Emerging markets, such as India and China, are key growth drivers, producing high demand driven by the rise in spending power across thriving middle-class population.
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