Growing spending on entertainment for kids is one the most influential factor boosting the growth of the global Electronic Toys market. Electronic Toys help in providing fun for kids, right from early education to computing along with gaming. Such toys help children in developing their imagination ability, dexterity, language skills, and much more through role-playing, enjoyment, and learning.
MARKET DYNAMICS
Growing disposable income, adoption of digital technology for kids and constant growth in the field of electronic toy manufacturing technology are some of the significant factors driving the growth of the Electronic Toys market across the globe. Also, growing channels of distribution and rising volume of online sales is predicted to boost the growth further.
MARKET SCOPE
The "Global Electronic Toys Market Analysis to 2028" is a specialized and in-depth study of the electronic toys market with a special focus on the global market trend analysis. The report aims to provide an overview of electronic toys market with detailed market segmentation by type, power source and geography. The global electronic toys market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronic toys market players and offers key trends and opportunities in the electronic toys market.
MARKET SEGMENTATION
The global electronic toys market is segmented on the basis of type and power source. On the basis of type, the market is segmented as musical toy, educational toy, mechanical toy, remote control toy and others. On the basis of power source, the market is segmented as rechargeable battery and non-rechargeable battery.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electronic toys market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronic toys market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electronic toys market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electronic toys market in these regions.
MARKET PLAYERS
The reports cover key developments in the electronic toys market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electronic toys market are anticipated to lucrative growth opportunities in the future with the rising demand for electronic toys market. Below mentioned is the list of few companies engaged in the electronic toys market.
The report also includes the profiles of key electronic toys market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Agglo Corporation Limited
- Estrela
- Hasbro
- KiwiCo, Inc.
- Mattel
- Mothercare IN Limited
- Playwell
- The LEGO Group
- Toyshine
- VTech Electronics North America, LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.