TechNavio recognizes the following companies as the key players in the Global Mobile Casing and Structural Parts Market: Catcher Technology Co. Ltd., Foxconn International Holdings Co. Ltd., Foxconn Technology Group, Intops Co. Ltd., and Lite-on Mobile Pte. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “Currently, there has been a drastic change in consumers’ buying behavior. These days, they attach a great significance to style, color, and materials used in mobile phones cases and structural parts, while buying mobile phones. The trend of personalizing mobile devices has accelerated the growth of the Global Mobile Phone Casing and Structural parts market. Consumers are increasingly demanding for mobile phones that look unique and compliment their personalities. Therefore, personalization of mobile devices is a major trend that is expected to drive the Global Mobile Phone Casing and Structural parts market during the forecast period.”
According to the report, one of the major drivers in this market is the increasing penetration of mobile phones. The increase in the mobile phone penetration has a direct impact on the growth of this market as mobile phone casing and structural parts form an integral component for mobile phones. The growing penetration worldwide is expected to increase the volume of mobile handsets in the market, thereby contributing to the growth of the market.
Further, the report states that one of the key challenges in this market is the declining ASP of mobile phones. The continuous decline in the ASP of mobile phones is expected to increase price negotiations with mobile phone casing and structural parts vendors, therefore decreasing the revenue generated from the Global Mobile Phone Casing and Structural Parts market. As a result, vendors’ profit margins are expected to reduce dramatically.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Jabil Green Point, KH-VATEC, BYD Electronics, Nolato, HI-P, Janus, P&TEL, BALDA, Nypro, Yusung, Jinwon, Ways Technical, Mobase, and Shinyang.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-mobile-casing-and-structural-part…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Mobile Casing and Structural Parts Market 2012-2016
