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Chinese technology consumer electronics market increased 1.8% of year-on-year growth.

2019 Q3 GfK TEMAX®RESEARCH

In the third quarter of 2019, the total value of Chinese technology consumer electronics market was 392.16 billion yuan, increase 1.8% year-on-year. In the third quarter, the SDA market achieved a double-digit growth of 15.7%, the IT and Telecom market achieved growth of 6.6%and 4.1% respectively. MDA decreased by 5.6% year-on-year, the photo and CE market decreased by 9.2% and 16.4 whlie OE market increased by 1.3% year-on-year.

Table summary

China Q3 2019
Q4 2018 M. CNY Q1 2019 M. CNY Q2 2019 M. CNY Q3 2019 M. CNY Q3 2019 / Q3 2018 / +/- % Q1-Q3 2019 M. CNY Q1-Q3 2019 / Q1-Q3 2018 +/- %
Consumer Electronics (CE) 38,925 31,837 29,651 29,045 -16.4% 90,533 -12.7%
Photography (PH) 4,454 3,368 3,838 3,472 -9.2% 10,678 -15.0%
Major Domestic Appliances (MDA) 50,993 39,156 44,129 44,102 -5.6% 127,386 -3.7%
Small Domestic Appliances (SDA) 24,433 20,049 19,891 18,911 15.7% 58,851 18.5%
Information Technology (IT) 53,817 48,958 50,845 56,810 6.6% 156,613 3.5%
Telecommunications (TC) 250,142 243,515 255,802 237,522 4.1% 736,840 0.3%
Office Equipment & Consumables (OE) 2,566 1,975 2,299 2,301 1.3% 6,575 -2.8%
GfK TEMAX ® China 425,330 388,857 406,455 392,163 1.8% 1,187,475 -0.3%
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