|[September 20, 2013]
Research and Markets: Global Mobile Casing and Structural Parts Market 2012-2016: Drivers, Challenges, Trends
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/m48k8z/global_mobile)
has announced the addition of the "Global
Mobile Casing and Structural Parts Market 2012-2016" report to
The analysts forecast the Global Mobile Casing and Structural parts
market to grow at a CAGR of 17.91 percent over the period 2012-2016. One
of the key factors contributing to this market growth is the increasing
adoption of mobile phone handsets. The Global Mobile Casing and
Structural Parts market has also been witnessing the personalization of
mobile devices by end-users. However, the declining ASPs of mobile
phones could pose a challenge to the growth of this market.
The key vendors dominating this space include Catcher Technology Co.
Ltd., Foxconn International Holdings Co. Ltd., Foxconn Technology Group (News - Alert),
Intops Co. Ltd., and Lite-on Mobile Pte. Ltd
Commenting on the report, an analyst from the 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 (News - Alert) 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
For more information visit http://www.researchandmarkets.com/research/m48k8z/global_mobile.
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