The Electricals segment in Australia registered Market value of USD 20,852.31 Millions in 2023
The indicator recorded a historical decline (CAGR) of 1.29% between 2020 to 2023, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
Electrical & Electronics Retail in Australia
The electrical and electronics retail market is comprised of the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. Communications equipment includes retail sales only of answer machines, fax machines, fixed-line telephones, mobile phone accessories and mobile phones. Computer hardware and software include retail sales only of desktops and laptop computers, software, memory sticks, CD packs, hard disks and other data storage devices, computer peripherals, PDAs, organizers, calculators, and satellite navigation systems.
Consumer electronics includes retail sales of CD players, DVD players and recorders, hi-fi systems, home theatres, in-car entertainment systems, portable digital radios, radios, televisions and video recorders, home use and portable games consoles.
The Australian electrical and electronics retail market has grown moderately between 2013 and 2017, as improving macroeconomic figures fail to significantly boost consumer spending. The market is expecting to accelerate as Amazon significantly upgrades its capacity in Australia and economic growth picks up pace.
Category segmentation
Communications equipment is the largest segment of the electrical & electronics retail market in Australia, accounting for the largest market share of the market's total value.
The Household appliances segment accounts for the second-largest market share of the market.
Geography segmentation
Australia accounts for a significant share of the Asia-Pacific electrical & electronics retail market value. China accounts for a majority share of the Asia-Pacific market.
Market distribution
Electrical and Electronics Specialists form the leading distribution channel in the Australian electrical & electronics retail market, accounting for a majority share of the total market's value.
Online Pureplay accounts for the second-largest share of the market.
Leading companies
Harvey Norman Holdings Limited (Harvey Norman) is an Australia-based franchisor and retailer that offers products for home and office. The company’s store network spans across Australia, New Zealand, Slovenia, Croatia, Ireland, Singapore and Malaysia. It operates business under Harvey Norman, Domayne, and Joyce Mayne names.
JB Hi-Fi Limited
JB Hi-Fi Limited (JB Hi-Fi) is one of Australasia's retailers of home entertainment. It offers a wide variety of consumer electronics and digital software sourced from leading global manufacturers. JB Hi-Fi offers products under a single segment, consumer electronics products and services. Through this segment, it sells a wide range of televisions (TVs), cameras, audio equipment, computers, telecommunication products and services, white goods, software, small appliances, cooking products, digital content, and IT and consulting services.
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