PROSPECTS AND OPPORTUNITIES
Remote control technology upgrades a major feature for the future
Remote control improvements have been plentiful in Hong Kong, with a number of future upgrades planned that are promising for televisions over the forecast period. LG Electronics has integrated NFC pairing technology into its new Magic Remotes, where consumers tap their mobile phones with the remotes to pair them wirelessly; this allows them to use their mobile phones as remote controls.
Sustainable trend emerges in televisions to appeal to conscious consumers
Televisions are also becoming more environmentally friendly. This development is in direct response to the changes in energy efficiency ratings in Hong Kong in 2021, which resulted in the downgraded energy efficiency ratings from an average of A to F-G for many televisions.
Smaller TVs to take major spotlight due to improving quality, and size of local homes
Smaller televisions are becoming increasingly popular in Hong Kong due to both environmental concerns as well as technological improvements. Previous models of small OLED TVs, such as the 42-inch models from various players, have been unpopular in the past due to the increased monetary cost of making smaller OLED panels which require more advanced technology as well as the popularity of LCD TVs at the same size.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Home Video industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Video industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Video in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Home Video in Hong Kong, China?
- Which are the leading brands in Hong Kong, China?
- How are products distributed in Hong Kong, China?
- How is the rise of e-commerce changing the retail landscape?
- How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
- How are considerations such as urban development and the rise in single-person households driving sales growth?
- Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
- Where is future growth expected to be most dynamic?
Home Video in Hong Kong, China - Category analysis
KEY DATA FINDINGS
Slow growth for televisions as economic uncertainty combined with other spending priorities impacts demand
New technology as a strategy for TV manufacturers to regain share
Remote control technology upgrades a major feature for the future
Sustainable trend emerges in televisions to appeal to conscious consumers
Smaller TVs to take major spotlight due to improving quality, and size of local homes
Consumer Electronics in Hong Kong, China - Industry Overview
Consumer electronics in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
DISCLAIMER
The following categories and subcategories are included:
Home Video
-
- Analogue TVs
- LCD TVs
- OLED TVs
- Plasma TVs
- Other TVs
- TV Combis
-
- BD Players
- DVD Players
- Video Recorders
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Video research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!