With “Life-changing Smart Innovation” as its overall theme, the 2016 Smart Home & Smart Hardware Exhibition, held last December in Guangzhou, showcased a wide range of smart home systems and products. More
Although sales of mobile devices may have levelled off, industry players are now expecting AR and VR applications to fuel the future of the electronics market. The market remains optimistic about the potential of wearable electronics, and wireless system apparatus with smart functions is viewed as the leading smart home applications. At the Hong Kong Electronics Fair (Autumn 2016), industry players shared expectations of steady sales in 2017. More
While a majority of electronics players expected steady sales for 2016, buyers were generally less optimistic than exhibitors. North America Western Europe and China were seen as the most promising markets. Meanwhile, mobile devices have been usurped by electronic accessories and audio-visual items as the most promising growth products for 2016. Wearable items are also expected to enjoy massive growth, and consumers are now willing to pay a premium for electronic items with smart features. More
Smart products, along with wearable electronics and mobile devices are expected to be the key products in the electronics market. Despite many predicting flat sales in 2016, consumers’ willingness to pay extra for smart features should help to bolster the sector. Industry sentiment towards overseas markets remains positive across the board, with China, North America and Western Europe seen as having the highest potential. More
With a proliferation of LED applications, it is expected that the global market for lighting products will remain steady in 2015. The development of smart appliances by leading technology players, especially those related to the household systems, is likely to benefit the lighting industry in the medium term. China and several of the mature markets are seen as the markets with the highest growth potential over the next two years.
China is one of the leading consumer markets in the world. Recent survey reveals that mainland’s middle class prefers higher grade and user-friendly small kitchen appliances, and many are now familiar with online-to-offline (O2O) shopping. While the majority perceives the Hong Kong brand as the medium price to high range items, Hong Kong companies can also consider adding green and smart features to their products to lure consumer purchases. More