2022 Global consumer Electronics industry development forecast

AWE 2022 will be held at Shanghai New International Expo Center from March 17 to March 20, 2022. The exhibition insists on innovation and change, and achieves continuous breakthroughs in scale, quality and global influence. AWE is one of the world's three top home appliances and consumer electronics exhibitions.

Driven by factors such as sustained economic recovery in major developed countries and regions and continuous innovation in consumer electronics technology, the global consumer electronics industry shows a sustained and stable development trend. Based on the iterative development of consumer electronics manufacturing technology and the popularity of mobile Internet applications, the scale of the global mobile device market, represented by smart phones, tablets and laptops, has grown rapidly and the consumer groups have continued to expand. According to IDC, a market research institution, global smartphone shipments are expected to rise to 1.654 billion units by 2022, showing a trend of steady development based on a high base.

The continuous expansion of the market scale of the global mobile device industry, the increasing use and dependence of consumers on mobile device products and other factors drive the rapid rise of mobile power supply, charger and cable charging products, wireless headphones and audio products such as speakers and other mobile device peripheral products market.

The fastest growth TOP1 -- mobile power supply

According to Grand View Research, the global market size of mobile power supply reached us $8.490 billion in 2018, and is expected to increase to US $21.47 billion by 2022, with a compound annual growth rate of 26.10%. In terms of market distribution, asia-pacific, North America and Europe are the main market locations of mobile power supply.

Fast growth TOP2 -- charging wire and wire

The market for accessories such as smartphone chargers and wires is expected to reach $104 billion by 2022, according to consulting firm Research and Markets. With the expectation that the global mobile device market will continue to grow steadily, the mobile device wire peripheral products market will also show a trend of continuous rise. Mobile device charger, wire use more times, product replacement frequency is larger, consumption increases accordingly.

Change of new consumption habit -- Wireless earphone & Wireless speaker

According to consulting firm FutureSource, global wireless headset shipments and sales are expected to reach 307 million pairs and 27.9 billion US dollars by 2022, with an annualized growth rate of nearly 20% compared with 2017. The market size is growing fast.

The explosive growth of smartphone, tablet and other mobile device markets and the advancement of consumer electronics technology are the core driving forces for the rapid development of the global consumer electronics industry. The rapid growth of the market scale of the global mobile device industry correspondingly spawned and stimulated the rapid rise of consumer electronics industry segments such as the peripheral product market. In addition, led by cutting-edge technologies such as artificial intelligence, mobile Internet and big data, the global intelligent hardware market is booming and has become one of the driving factors for the sustainable development of the global consumer electronics industry.

Adhering to the aim of bold innovation and excellence, AWE 2022 will promote the development of the industry. There will be more fresh and fresh highlights and gather global wisdom and technology to create a better life. For more information, welcome to the China Home Appliances and Consumer Electronics Expo (AWE).