Global consumer electronics market generated $1.8 trillion in 2006
World market for electronic products was worth some $1.8 trillion in 2006, a figure that is expected to increase to $2.0 trillion in 2007 and $3.2 trillion in 2012, a compound annual growth rate (CAGR) of 9.5% over the next 5 years. The market is broken down into wafer fab materials, semiconductors, communications, computer, consumer, industrial, and automotive applications. Of these sectors, industrial products account for 39.6% of the total sales for electronics products, while computer electronics have the second largest share of the total market at 20.0%. Semiconductors make up 13.5%, consumer electronics make up 13.4%, communications electronics account for 9.9%, and automotive electronics products make up the remaining 2.6%, BCC Research says.