Article
Chinese Refrigerator, Air Conditioner, Washing Machine Industry Concentration Remains High in 2016
By MIC
Published: Apr 17,2017
When it comes to shipment volume of four major home appliances in China from January to December in 2016 based on statistics by China's National Bureau of Statistics, the refrigerator industry topped 92.4 million units, up 4.6% year-on-year; the air conditioner industry reached 160.5 million units, up 4.5% year-on-year; the washing machine industry hit 76.2 million units, up 4.9% year-on-year; the LCD TV industry reached 174.8 million units, up 8.7% year-on-year.
For Taiwanese Brands’ Smart Speakers, Educated Niche Groups are the Key
TAIPEI, Taiwan - Market Intelligence & Consulting Institute (MIC) has conducted a “Smart Speaker Consumer Survey” ai...
Chinese 3D Sensing Unicorn Orbbec Focuses on Consumer Market and Smartphone Applications: MIC
Orbbec, a unicorn startup headquartered in Shenzhen of China and dedicated to 3D sensing technology development, has the...
According to MIC (Market Intelligence and Consulting Institute), a Taipei-based research institute, that Chinese homegrown brands have accounted for a majority share in local home appliances, especially washing machine, refrigerator, and air conditioner.
MIC noted, in January 2017, Haier and Littleswan accounted for over 40% of the Chinese washing machine market, while Haier and Midea took up for nearly 40% of the refrigerator market.
As for air conditioners, Gree and Midea had a whopping share of over 60%. The Chinese LCD market concentration is relatively low and is more equally distributed, with Hisense and Haier being the top two brands in terms of sales volume in January 2017,
|
3586 Read
Top Stories
Most Popular
- 1DSP and Language Libraries are the Keys to Smart Voice
- 2Reject Conflict Materials – You Can Make a Better Choice: Recycling
- 3Foldable Smartphones to Be Launched in 2019 with Penetration Rate of 0.1%
- 4XINYE Gold Establishes World’s First Eco-Friendly Gold-Stripping Mass Production Facilities
- 5Green Palladium Recycling Technology: The Best Way to Combat Soaring Palladium Prices
- 6Overcoming High-Precision Challenges in Manufacturing with Solid Quality as the Foundation
- 7Localism, US/China Trade War Impacts Taiwan's Manufacturing Industries
- 8UWin Nanotech Establishes Japan’s First E-Waste Hydrometallurgy Recycling Plant
- 9What is the Constant Power Design of LED Driver?
- 10UWin Nanotech Develops Rare Earth Metals Recycling Technology
Related Articles
Address: 11F.-3, No.29, Sec. 3, Zhongshan N. Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C.)
Phone:+886 2 2585-5526
E-Mail:en@ctimes.com.tw