The booming smartphone market over the past decade has created a correspondingly thriving handset repair industry across most countries. The rising popularity of expensive but fragile smartphones, with larger display sizes, has given the repair industry a huge boost since 2010.
An estimated 80 per cent of the mobile phone screen aftermarket is now supplied by Chinese manufacturers, with OEMs providing the remainder. Driven by lower prices, acceptable quality and quick delivery, demand for Chinese LCDs has increased strongly over the past few years, while the OEMs are facing a significant slowdown.
This white paper, sponsored by Spider Technologies, looks at how a rebound in smartphone growth, coupled with a robust second-hand handset market, are poised to drive healthy growth of the global repair aftermarket for the foreseeable future.
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