DUBLIN, Ireland--(Business Wire)--Research and Markets
(http://www.researchandmarkets.com/reports/c79722) has announced the
addition of "Chinese Consumer Electronics Market till 2011" to their
offering.
"Chinese Consumer Electronics Market till 2011" will give a
rational overview on the Chinese consumer electronics market. The
market research report evaluates the factors vital to the development
and success of consumer electronics industry in the country. It looks
into the past and current market scenario to present a future outlook
of the market. The report has thoroughly examined the key issues
threatening the industry and gives possible solutions to tackle these
issues. This prudent study will help the client in dissecting the
future course of direction and identify the major growth areas of the
industry.
For the purpose of this report, the market has been divided into
various segments - Home Appliances, Sound & Images, Mobile Phones, and
Personal Computers.
Market Analysis
Among the E7 developing countries, China is ranked as the most
attractive consumer electronics market from investment point of view.
Its consumer electronics market increased at a CAGR of 11.71% during
2002-2006 and is expected to grow at a CAGR of 12% during the
forecasted period (2007-2011).
The market is becoming increasingly crowded. To be more
competitive, companies are shifting their research and production
towards more advanced products, such as Liquid Crystal Display (LCD)
TVs, digital TVs, DVD recorders and digital cameras with
eight-megapixel or higher resolution.
On the consumption front, the continuously falling prices of
consumer electronics together with increasing disposable income is
giving reasons to consumers to spend more on electronics products.
These factors indicate a bright future for the consumer electronics
industry in China.
Key Findings
- In terms of sales volume, TV will post the highest sales
followed by washing machines in the home appliances segment during the
forecasted period. (2007-2011).
- In the sound and images segment, Portable Media Player (PMP) and
Digital Video Camera sales will increase with the highest CAGR values
of 39.43% and 15.21% respectively during 2007-2011.
- Mobile Phones and Personal Computers are among the consumer
electronics with low penetration rates, indicating ample room for
growth in sales in the medium-term.
- Retailer credit will play a critical role in extending consumer
electronics to the lower socio-economic segment, thereby increasing
sales from this segment. Although price will continue to be a key
driver, financing options such as installment plans will drive
penetration into these segments.
- It is expected that per head disposable income in China will
increase during 2007-2011 at a CAGR of 12.28%, thus spurring growth in
the consumer electronics market.
Key Issues & Facts Analyzed
- How is the China consumer electronics industry performing?
- What is the market scenario of the consumer electronics industry
by products?
- What are the factors critical to the success of industry?
- What are the opportunity areas for the industry?
- What is the future outlook of the industry?
- Who are the major players in the China consumer electronics
industry and how are they performing?
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade
journals, and white papers, industry portals, government agencies,
trade associations, monitoring industry news and developments, and
through access to over 3000 paid databases.
Analysis Method
The analysis methods include ratio analysis, historical trend
analysis, linear regression analysis using software tools, judgmental
forecasting, and cause and effect analysis.
Companies Mentioned:
- Leading Players
- Royal Philips Electronics N.V.
- Toshiba Corporation
- Samsung Electronics Co., Ltd.
- Sony Corporation
- Matsushita Electric Industrial Co., Ltd.
- LG Electronics Inc.
For more information, visit
http://www.researchandmarkets.com/reports/c79722.
Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Copyright Business Wire 2008
