How to view the Consumer Electronics industry?

The Consumer electronics show in 2022 will be held in 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. It is one of the three top household appliances and Consumer electronics shows in the world.

 

1. What is consumer electronics?

 

Consumer electronics belongs to the 3C industry. Consumer electronics refers to the electronic products used in daily life of consumers. It is a specific household appliance containing electronic components that are commonly used for entertainment, communication and paperwork purposes, such as mobile phones, personal computers, game consoles, battery power, wearable devices, digital cameras and so on.

When we say "3C products," we usually refer to information appliances, which are a combination of computers, Communication and Consumer electronics.

 

2. What is the scale and pattern of global consumer electronics industry?

 

In terms of size, the global consumer electronics industry generated nearly $700 billion in retail sales in 2017, according to market research firm Euromonitor. Opportunities for product and technology innovation abound and the industry is alive and well. Among them, asia-pacific, North America and Europe account for a relatively high market share, accounting for more than 80% of the global market share of the industry, with a huge market capacity.

 

China is the world's largest producer, exporter and consumer of consumer electronics.

 

Biggest producer: In 2018, China accounted for 90 percent, 90 percent and more than 70 percent of the global output of mobile phones, computers and color TVS, all ranking first globally.

 

Top exporter: In 2018, exports of major consumer electronic products such as mobile phones, computers, color TVS and stereos reached us $294.7 billion, accounting for nearly 12% of China's total foreign trade exports.

 

Biggest consumer: China is also the world's largest consumer of consumer electronics. In 2018, smartphone, desktop computer (PC) and color TV shipments in China accounted for 27.8 percent, 20 percent and 20 percent of the global market respectively.

 

3. What is the core driving force behind the rapid development of the global consumer electronics industry?

 

Smartphone, tablet, notebook computer as a representative of mobile devices such as market explosive growth, and the progress of the technology factors such as consumer electronics products, led rapid rise in the consumer electronics industry segments, such as mobile power supply, charger, wire and wireless headphones and speakers to meet consumer demand for emerging frontier product emerge in endlessly.

 

In addition, led by cutting-edge technologies such as artificial intelligence, mobile Internet and big data, the global intelligent hardware market is booming, which has also become one of the driving factors for the sustainable development of the global consumer electronics industry.

 

The scale of China's intelligent hardware market is expected to reach cny 1,076.07 billion in 2020. The new generation of 5G communication information technology is being integrated with autonomous driving, smart wear, transportation, medical and health care, manufacturing and other industries. The global intelligent hardware industry, especially the personal consumer electronics market, is booming and has huge market space.

 

Adhering to the aim of bold innovation and excellence, the Consumer electronics show in 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 Appliance&electronics World Expo (AWE) in 2022.