Global Landline Phones market will reach 3084.89 million US$ by the end of 2025
Published Date: 2019/5/14
The global Landline Phones market is valued at 3857.93 million USD in 2017 and is expected to reach 3084.89 million USD by the end of 2025, growing at a CAGR of -2.76% between 2017 and 2025.
The United States Landline Phones market is valued at 1072.9 million USD in 2017 and is expected to reach 861.74 million USD by the end of 2025, growing at a CAGR of -2.70% between 2017 and 2025.
The main raw materials are SoC (ARM+DSP), LCD Display, Shell, Power supply, PCB, Electronics Components, Plastics (PVC, PS, PP, PE resins) etc. With the continuous development of electronic technology, part of the price of electronic components showed a slow decline trend. Affected by the macroeconomic, in recent years, the prices of plastic materials have some fluctuations, but the industry has certain control capabilities to unaffected of the plastic raw material price fluctuations. Generally, the price fluctuations of plastics and other raw materials will not have a significant impact on the industry.
Cordless telephone technology is very mature now, and new enterprises can’t surpass existing famous brands on reputation or design in the short term. Substitutes (especially smart phones) have forced this industry into recession period.
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