The physical Hong Kong Electronics Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), and electronicAsia, organised by the HKTDC and MMI Asia Pte Ltd, successfully concluded today. The two four-day exhibitions attracted more than 60,000 industry buyers from 146 countries and regions to visit in person, with numbers from ASEAN countries including Indonesia, Malaysia, Singapore and Thailand; Turkey, UAE and Mainland China growing notably, indicating enthusiasm for Hong Kong as a trade fair platform that offers a chance to seize sourcing opportunities.Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year’s Hong Kong Electronics Fair (Autumn Edition) and electronicAsia brought together nearly 3,200 exhibitors, including overseas exhibitors from 22 countries and regions, bringing multiple innovative ideas and market insights. We are pleased to see a very vibrant and robust meeting scene throughout the fair period. And we are glad that more than 60,000 global buyers came to Hong Kong to participate in one of the most prominent electronics shows in the world, further reaffirming Hong Kong’s position as an international exhibition centre.”
In terms of electronics product trends, respondents were optimistic about the development potential of smart home / smart living products and solutions (22%) and electronic / electrical accessories (19%) in the next two years. Most respondents believed consumers were willing to pay an additional 20% to buy household appliances that were compatible with smart-home applications (25%). Turning to Extended Reality (XR) applications, respondents expected the highest market potential in mobile and online gaming (25%) and automotive or other navigation (24%). Most respondents believed robotics had the highest potential to be used in home appliances fields (28%), such as vacuum cleaning and household robots.
The much-discussed generative artificial intelligence (AI) is gaining traction. Among respondents who currently use or plan to use the technology, customer service and support (52.1%) and product design and development (45.6%) were the most popular areas of application. Exhibitors engaging with quality international buyers Under the theme New Tech - New Trend - New Lifestyle, the Electronics Fair brought together many exhibitors with comparable strength and potential. Pippy Zhou, the Overseas Sales
Director of Shenzhen Orange Digital Technology Co Ltd, a manufacturer of high-end home and personal entertainment products, expressed that the autumn electronics fair surpassed their expectations when compared to other overseas exhibitions they visited recently. He said: "Every day, we met with around 50 groups of potential buyers, encompassing those from European countries including the United Kingdom, Germany, Poland, the Czech Republic, Italy, and Russia, as well as from the United States, Canada, Mexico, Chile, Brazil, and from Asian countries including Japan, South Korea, India, and Thailand. We anticipate conducting business transactions with 10 to 20 companies among them, resulting in orders totalling approximately 3 to 5 million US dollars." Chocho Group, a Hong Kong start-up that specialised in smart-product development, showcased their range of smart trackers, smart pet feeders, smart home technology solutions, and other products at the fair.
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