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China replaces the United States as the world's largest consumer electronics market

来源:Dongguan Yanghan Industrial Co., Ltd.  时间:2020-09-09

U.S. technology news website Venturebeat quoted industry insiders as saying that China has surpassed the United States to become the world’s largest consumer electronics market. In addition, Asia has also replaced North America as the largest regional market for consumer electronics. China is beginning to play a role as the driving engine of the global consumer electronics industry.

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The rapid growth of China's consumer electronics market. As expected, China has a huge population. According to statistics, there are 160 cities in China with a population of more than one million people, while only 99 in the US city. In addition, China's economy is expected to grow by 7.4% this year, which is also higher than that of the United States.

The analyst said that China is becoming the dominant force in the global market, and this phenomenon can no longer be used simply Surprising to describe.

However, industry insiders pointed out that although Chinese consumers’ demand for consumer electronics continues to rise, due to consumer electronics With the advancement of technology, the prices of products are falling rapidly. Therefore, in 2014, the capacity of the global consumer electronics market will drop by 1%.

According to estimates, in 2014, the global consumer electronics market was worth 1.055 trillion US dollars, slightly lower than last year’s 1.068 trillion US dollars, as a comparison, after the financial crisis in 2009, the global market size was 856 billion US dollars.

Smartphones have become the most active consumer electronics market. It is estimated that global smartphone sales will reach 1.2 billion this year In 2010, the average selling price of smart phones was US$444, but last year, it has dropped to US$297.

Knin analyst pointed out that the North American consumer electronics market last year was 257 billion US dollars, but China dominated The Asian market reached US$282 billion. According to reports, in the global consumer electronics market, emerging market countries accounted for half, and a few years ago, this proportion was only 40%.

In addition, last year, the technology market research company ABI issued a forecast report saying that in 2013, China had surpassed the United States. Become the world's largest smartphone market.



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