Browse the complete Report on: China Consumer Electronics Report Q4 2010
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China’s consumer electronics devices market, defined to include computing devices, mobile handsets and video, audio and gaming products, is projected to be worth around US$159.6bn in 2010, and this is expected to increase to US$221.9bn by 2014. In H110, consumer electronics sales continued to grow, boosted by strong sales during the Chinese New Year peak shopping season, although shipments of LCD TV sets fell below previous expectations, resulting in high inventories. .
A second phase of the government’s rural consumer electronics subsidy programme is projected to drive sales of flat-screen TV sets and other products in the second half of the year in rural areas. Spending on consumer electronics products is projected to grow at a compound annual growth rate (CAGR) of 8.6% through 2014, with demand for computers and TV sets in tier-three to tier-six cities and rural areas a key driver, along with more sales of high-end items like LCD TV sets, 3G mobile handsets and smartphones.
Computers
Computers accounted for around 38% of China’s consumer electronics spending in 2009. BMI forecasts Chinese domestic
market computer hardware sales (including notebooks and accessories) of US$57.1bn in 2010, up from US$52.0bn
in 2009. Computer hardware CAGR for 2010-2014 will be around 12.0%. The government’s rural computer subsidy
programme will act as a significant driver, along with falling prices.
AV devices accounted for around 40% of Chinese consumer electronics spending in 2009. China’s domestic video, audio
and gaming device market is projected to grow at a CAGR of 7.5% between 2010 and 2014, up to a value of US$86.7bn.
About 34mn LCD TV set units are projected to be sold in 2010, with Chinese consumers demonstrating a preference for larger screen sizes and internet-enabled TV sets.
Mobile Handsets
China’s mobile handset sales accounted for around 24% of Chinese consumer electronics spending in 2009. Total Chinese market handset sales are expected to grow at a CAGR of 10% to 404.4mn units in 2014, as mobile penetration reaches 114%. The rural market will be the main source of subscriber growth, while vendors will also focus a rapidly expanding 3G handset market and demand for smartphones, which currently account for around 15% of Chinese handset sales.
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Original Source : – Consumer Electronic Market
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Browse All Business Monitor International Market Research Reports
China’s consumer electronics devices market, defined to include computing devices, mobile handsets and video, audio and gaming products, is projected to be worth around US$159.6bn in 2010, and this is expected to increase to US$221.9bn by 2014. In H110, consumer electronics sales continued to grow, boosted by strong sales during the Chinese New Year peak shopping season, although shipments of LCD TV sets fell below previous expectations, resulting in high inventories. .
A second phase of the government’s rural consumer electronics subsidy programme is projected to drive sales of flat-screen TV sets and other products in the second half of the year in rural areas. Spending on consumer electronics products is projected to grow at a compound annual growth rate (CAGR) of 8.6% through 2014, with demand for computers and TV sets in tier-three to tier-six cities and rural areas a key driver, along with more sales of high-end items like LCD TV sets, 3G mobile handsets and smartphones.
Computers
Computers accounted for around 38% of China’s consumer electronics spending in 2009. BMI forecasts Chinese domestic
market computer hardware sales (including notebooks and accessories) of US$57.1bn in 2010, up from US$52.0bn
in 2009. Computer hardware CAGR for 2010-2014 will be around 12.0%. The government’s rural computer subsidy
programme will act as a significant driver, along with falling prices.
AV devices accounted for around 40% of Chinese consumer electronics spending in 2009. China’s domestic video, audio
and gaming device market is projected to grow at a CAGR of 7.5% between 2010 and 2014, up to a value of US$86.7bn.
About 34mn LCD TV set units are projected to be sold in 2010, with Chinese consumers demonstrating a preference for larger screen sizes and internet-enabled TV sets.
Mobile Handsets
China’s mobile handset sales accounted for around 24% of Chinese consumer electronics spending in 2009. Total Chinese market handset sales are expected to grow at a CAGR of 10% to 404.4mn units in 2014, as mobile penetration reaches 114%. The rural market will be the main source of subscriber growth, while vendors will also focus a rapidly expanding 3G handset market and demand for smartphones, which currently account for around 15% of Chinese handset sales.
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/
Original Source : – Consumer Electronic Market
Buy Now : Market Research Report
