16th October 2007 - Production revenues for electronic end-equipment in China increased by an estimated 23.2% in 2006, according to IMS Research. Further high revenue growth is predicted in this market for the next five years.
In 2011, the aggregate revenue for selected 51 electronic equipment types in China is projected to reach about USD 740 billion. Highest growth is forecast for the industrial electronic equipment sector with a CAGR of 12.6% for the period 2006 to 2011.
Analyst Jackey Wang commented: “Currently, China is the largest production base of digital cameras, notebooks, cellular handsets and many other end-equipment in the world. To meet growing demand, manufacturers in the region are trying hard to enhance the level of automation within their factories and expand their production capacities. This is driving high growth in both market consumption and production revenues for the industrial electronic end-equipment sector. Chinese market and production revenues for both the computer & office equipment and consumer electronic end-equipment sectors are also forecast to increase significantly during the forecast period. All of these sectors represent a solid growth prospect for semiconductor and component suppliers to the Chinese market”.
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View Report Synopsis:
The Chinese Yearbook of Electronics - 2007 Edition