Consumer electronics in china

Assignment Help Other Subject
Reference no: EM131445752 , Length: word count:800

Consumer Electronics in China

MARKET OVERVIEW

Market definition

The consumer electronics market consists of the total revenues generated through the sale of audio visual equipment and photographic equipment designed primarily for domestic use. The audio visual equipment segment includes CD Players, DVD and Blu-ray Players / Recorders, hi-fi systems, home theatre, in-car entertainment systems, portable digital audio, radios, televisions and video recorders. The photographic equipment market values the total sales of camcorders, cameras and photographic equipment & optical instruments. Camcorders include all camcorders across all price ranges. Cameras include all cameras across all price ranges. Photographic equipment and optical instruments includes all camera and camcorder accessories, binoculars and telescopes. The market is valued at retail selling price (RSP) with any currency conversions calculated using constant 2014 annual average exchange rates.

For the purposes of this report, North America consists of Canada, Mexico, and the United States. South America comprises Argentina, Brazil, Chile, Colombia, and Venezuela.

Europe comprises Austria, Belgium, the Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Romania, Russia, Spain, Sweden, Switzerland, Turkey, Ukraine, and the United Kingdom.

Asia-Pacific comprises Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Korea, Taiwan, and Thailand.

Middle East comprises Egypt, Israel, Kuwait, Saudi Arabia, and United Arab Emirates.

Market analysis

The Chinese consumer electronics market grew strongly between 2010 and 2013, but experienced a noticeable decline in 2014. The market is expected to grow moderately towards 2019.

The Chinese consumer electronics market had total revenues of $40.6bn in 2014, representing a compound annual growth rate (CAGR) of 1.7% between 2010 and 2014. In comparison, the Singaporean declined with compound annual rate of change (CARC) of -7.7% and the Indian market grew with a CAGR of 9.5%, over the same period, to reach respective values of $0.5bn and $6.4bn in 2014.

The audio & visual equipment segment was the most lucrative for the Chinese consumer electronics market in 2014, with total revenues of $37.2bn, equivalent to 91.7% of the market's overall value. In comparison, sales of photographic equipment generated revenues of $3.4bn in 2014, equating to 8.3% of the market's aggregate revenues.

The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.3% for the five-year period 2014

- 2019, which is expected to drive the market to a value of $47.8bn by the end of 2019. Comparatively, the Singaporean market will decline with a CARC of -4.7%, and the Indian market will increase with a CAGR of 6.8%, over the same period, to reach respective values of $0.4bn and $8.9bn in 2019.

Reference no: EM131445752

Questions Cloud

Uses the proceeds to repurchase shares : Meyer & Co. expects its EBIT to be $87,000 every year forever. The firm can borrow at 12 percent. Meyer currently has no debt, and its cost of equity is 16 percent.    If the tax rate is 35 percent, what is the value of the firm? What will the value ..
Maintain fiscal accountability and control : Write a 250- to 350-word paper examining 1 of the 3 ways to maintain fiscal accountability and control (management control systems, measures of performance, and quality control) in a public service organization.
Briefly define backward induction : Modify Solomon's decision problem so that each woman actually loses the value she places on the child if she is not awarded the child. The value to the true mother is assumed to satisfy CT > 2CF .
Provide optional or discretionary benefits : All employee benefits that are not required by law are called optional or discretionary benefits. What are the broad categories of optional or discretionary benefits that employers may provide? Why do employers provide optional or discretionary b..
Consumer electronics in china : The Chinese consumer electronics market grew strongly between 2010 and 2013, but experienced a noticeable decline in 2014. The market is expected to grow moderately towards 2019 - Consumer Electronics in China
Equal annual end-of-the-year cash flow : You have accumulated $1,872,270 for your retirement. How much money can you withdraw for the next 16 years in equal annual end-of the next 16 years in equal annual end-of-the-year cash flow if you invest the money at a rate of 17.85 percent per year,..
Develop and sell integrated systems : A. Add features or benefits, usually via line extensions. B. Develop and sell integrated systems that help improve the basic product's performance or ease of use.
Create an application class named letterdemo : Create an application class named LetterDemo that instantiates objects of two classes named Letter and CertifiedLetter and that demonstrates all their methods.
Management is considering purchasing new machine : Kingston, Inc. management is considering purchasing a new machine at a cost of $4,170,450. They expect this equipment to produce cash flows of $768,639, $865,520, $999,671, $990,464, $1,237,947, and $1,251,583 over the next six years. If the appropri..

Reviews

Write a Review

 

Other Subject Questions & Answers

  Explaining the global corporate citizenship

Is global corporate citizenship an appropriate goal of U.S. government policy at the federal, state, or local level?

  Is technology used to maintain records

Describe how your agency uses technology internally and externally? Is technology used to maintain records? Does it facilitate communication within the agency? Is technology used to network with the surrounding community providers? Is it used as a..

  Functional structure model with the hybrid structure

Compare and contrast the standard airline organizational functional structure model with the hybrid structure based on independent business units. Does the hybrid structure provide too much differentiation? How would support structures be the same or..

  Patient health issues and their immune system

If you are writing about an issue other than hypertension, include in this section how hypertension may affect the issue you are discussing. Explain the relationship between your patient's health issues and their immune system. Use additional scho..

  About sigmund freuds theories is correct

Which of the following statements about Sigmund Freud's theories is correct?

  Does behaviorism effectively reduce the human behavior

Post answers to the following questions: Does behaviorism effectively reduce the control of human behavior to nothing more than the product of rewards and punishment

  Operant conditioning-observational learning

Distinguish between operant conditioning, observational learning, and social learning. How are these different kinds of learning utilized in the work place? Give specific examples for each one.

  Crimes committed by college-educated people

Roberta reads in the local paper that there is an increase in white-collar crimes (crimes committed by college-educated people) in the United States. The percentage of criminals who are college educated has gone up to 32 percent in the past five y..

  How does being immunized against pertussis in infants

In infants, how does being immunized against pertussis, compared with not being immunized, effect morbidity and mortality

  How would you construct a pr audit

How would you construct a PR audit? How much influence do you think public relations practitioners have on public opinion? Defend your answer with examples

  Paper on the application of derivatives in calculus

Write 2 page paper on the Application of derivatives in calculus. Include the history, define it as explicit as possible, how it is applied in the real world and it's influence in the fields of engineering, biology and basically the sciences

  Provides examples of popular public policy

These Resources will help you begin your work. The list below provides examples of popular public policy topics that may help you narrow your search.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd