Chinese Consumer Electronics Market to Beat Competitors

Released on: March 24, 2008, 3:40 am

Press Release Author: Shushmul Maheshwari

Industry: Electronics

Press Release Summary: China's consumer electronics market is poised to emerge as
the top most market by 2011 in terms of potential, market size, and growth rate,
says RNCOS.


Press Release Body: RNCOS, a leading market research firm, revealed in its latest
report "Chinese Consumer Electronics Market till 2011" that China has emerged as the
most important consumer electronics market in the world in terms of its potential,
growth rate, and market size.

The report thoroughly evaluates the consumer electronics markets of E7 countries -
India, Brazil, Turkey, Indonesia, Mexico, Russia, and China and concludes that
China's consumer electronics market is most appealing as compared to other E7
markets. The report studies factors which makes China a popular destination to
invest money for consumer electronics companies. It identifies the benefits China is
providing to attract players.

After going through the growth graph of the Chinese market, the report asserts that
the consumer electronics market of China has grown at a CAGR of 11.7% from 2002 to
2006, and further adds that market will grow with greater intensity in future. It
also tries to discover reasons that forced Chinese to invest more on consumer
electronics, and also examines factors which points to the brilliant future of
consumer electronics market in China.

Population is considered as the driving element of any industry and as China is the
most populous country, the report focuses on the factor specifically. It researches
on how population of this booming economy is helping in growth of consumer
electronics market. It talks about the preferences of Chinese in consumer
electronics, and further finds the age groups that are fuelling demand for the
consumer electronic products in China. It also finds the market segments that are
being targeted by the producers to make greater profits in the country.

The report reveals that the growth in the credit card market of China is leading to
the popularity of consumer electronics products in the country. The RNCOS report
researches all the market segments, including mobile phones, personal computers,
sound & images, and home appliances, to study the Chinese consumer electronics
market. It also traces the electronic product that will emerge as leader in future.

The report also evaluates the vital factors that adds on to the success and growth
of the Chinese consumer electronics industry and also examines key concern areas
that threaten the industry and provides appropriate solutions to deal with issues.


About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM583.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt. Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com

Fax no: 91-11-4214-1228

http://www.rncos.com
press@rncos.com

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