Consumer Electronics Industry Review
[Abstract] this is the abstract haha Wearable technologies measure health indicators so as to provide information to consumers and their doctors. There are two aspects determines the sales volume of any smart watch, that is the multi-function character
Consumer electronics market, along with the home appliances industry, is enjoying a modest rebound while the regional differentiations are growing with certain risks in some key markets. The Asian market keeps on growing with a steady pace with the Indian market hopefully to rise; the European market shows vulnerability in slightly rebound, the American sustains the recovery. Due to the economic and political instability, the emerging market brings out more internal divergence.
The domestic consumer electronics has been through an unprecedented revolution combined with intelligent hardware and cloud computing in the era of Internet of things which brings huge new opportunities and vast imagination to the industry. It is the time the enterprises speed up the process of intelligent upgrade with the aid of Internet to break the physical boundaries.
Last year, the total volume of the electronic and information products has reached to 13 trillion US dollars; the export value takes up 7.8 trillion US dollars with a growth of 1.2% year-on-year while its counterpart accounts for 5.3 trillion with a decrease of 2.8% year-on-year according to the data from Ministry of Industry and Information Technology.
It is predictable that the following items are still taking a considerable part of the whole consumer electronic market:
Wearable technologies measure health indicators so as to provide information to consumers and their doctors. There are two aspects determines the sales volume of any smart watch, that is the multi-function characters and the chic appearance. But for most of the female consumers, the last straw lies in whether the watches can go smoothly with their daily garments. Ever since the first wearable gadget came out, it is destined to be the lucrative production line with huge potential. That is to say, judge the watches solely by their appearance. A smart phone user is considered to be the most potential smart watch consumer. Consumer electronics giants missed this point and focused too much for the male market with the black and metallic appearance to show the masculinity. Therefore, the female market is craving for the all-match smart watch. Whoever takes this market will surely takes much more advantages in the following battle.
This can be the fastest spreading mobile phone accessory ever met. This makes the extreme sports fans the possibility to take photos at the highest point wherever they can get. Due to the mass production, the prices are lower and the demand is always high.
The unmanned aerial vehicles, commonly known as drones, had been halted to sell by the Ministry of Public Security to stop selling since this September though the sales overseas were rising sharply. Related drones and aerospace products bring the photo-taking experience to a whole new level.
With more people concerns on the body building from indoor to outdoor, sports cameras are coming closer to the hottest item steadily by the Google trends. Celebrities of the western countries from the movies to the sports field are even advertising the camera for free.
What’s more, products like electronic cigarette accessories, mini speakers, earphones and TV boxes are capturing the new market rapidly. Philippine and Malaysian markets are demanding greatly besides the traditional American and EU sellers. The mini speakers are skyrocketing in recent years with the NFC and Bluetooth technologies. The biggest market remains in the US following the UK, Canada, Australia and France.