Consumer Electronics

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Description
Description

Electronics Industry 

 

China shipped US $2.494 Trillion worth of goods in just 2018. It's a 10% increase since 2017.

47% goes to Asia, 23%  to North America, 19.1% to Europe and 4.21% to Africa.

 

Top 10 Industries 

 

Electrical machinery, equipment: US$664.4 billion (26.6% of total exports)
Machinery including computers: $430 billion (17.2%)
Furniture, bedding, lighting, signs, prefab buildings: $96.4 billion (3.9%)
Plastics, plastic articles: $80.1 billion (3.2%)
Vehicles: $75.1 billion (3%)
Knit or crochet clothing, accessories: $73.5 billion (2.9%)
Clothing, accessories (not knit or crochet): $71.4 billion (2.9%)
Optical, technical, medical apparatus: $71.4 billion (2.9%)
Articles of iron or steel: $65.6 billion (2.6%)
Organic chemicals: $59.8 billion (2.4%)

 

China's Electronics Industry is comprehensive and current on the technologies, manufacturing capabilities, and infrastructure that have made China a major player in the electronics industry. China is the past, present, and future of important electronic technologies. To understand China’s standing in the global electronics market one must know that China is hands down the largest exporter of electronics products in the world.


       












 

Some of the Top Importers are










Revenue in the Consumer Electronics segment amounts to US$127,269 M in 2019. Revenue is expected to show an annual growth rate (CAGR 2019-2023) of 9.1%, resulting in a market volume of US$179,996m by 2023. User penetration is 23.4% in 2019 and is expected to hit 35.3% by 2023. The average revenue per user (ARPU) currently amounts to US$382.43. In global comparison, most revenue is generated in China (US$127,269m in 2019).




 

At BD sourcing we cover the entire industry and have a 10-year experience in dealing with the suppliers, factories and logistics. We cover a wide range of machinery to consumer electronics.  

For more information, Kindly contact us.

If you know the products you want to buy, contact us on customer service and our sales team will assist you. 

If you are looking for entering the market of the electronics industry, contact our consultant for further services.