Chinese consumers aged between 15 and 49 years have a stronger passion for high tech products than those aged over 50, according to a report from Gfk.
For 28% of consumers who aged between 15 and 19 years, having the latest household electronics is of equal importance as luxury cars or a second car. That greatly promotes the huge development of high tech products like Smart Speakers, Intelligent Service Robot, UAV, and Sweeper Robot, etc.
The retail sales of consumer-level robots are expected to exceed 10 billion yuan (US$1.56 bn) in 2018. Sweeper Robot market saw a 23% year-on-year growth in sales to 4.4 billion yuan in 2017.
Intelligent connection and navigation are two major functions of Sweeper Robot.
Smart Speaker market is gradually gaining popularity in China, which is expected to see a record-breaking growth of 256% in sales in 2018.
Consumer-level civilian UAV market continued its growth momentum since 2015. The sales of civilian ...
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