Chinese firms grow global market share in 40% of products: Nikkei survey

“Nikkei examined the market shares of the top five companies across 67 categories of goods and services that are critical to global economic activity.”

“The U.S. had the top share in 23 categories in 2025, the world leader but down from 27 the previous year. China led in 19 categories, the second most and up from 18 in 2024. Japan held the top share in 10 categories, up by one.”

“Chinese companies ranked among the top five globally in 37 categories. They grew their market share in 25 of those categories, or about 70%. In 2024, Chinese businesses expanded their market shares in 24 categories.”

“Meanwhile, South Korea’s LG Energy Solution and Japan’s Panasonic Energy saw their market shares decline. Overall, Chinese companies’ share of the EV battery sector grew by 5.4 points to 57.8%.”

“In finished EVs, BYD overtook U.S. rival Tesla to become the global leader, capturing a 14.5% share to Tesla’s 11.3%. China’s Zhejiang Geely Holding Group, which ranked third, also increased its share.”

“Chinese companies lost market share in only 11 categories, down from 15 in 2024. China accounted for four of the top five companies in the surveillance camera sector, but their collective market share shrank 1.9 points.”

“While the Chinese presence grew, U.S. companies’ market share dropped in 26 of 42 categories where they were among the top five. Significant declines were seen in EVs, routers and servers.”

https://asia.nikkei.com/economy/chinese-firms-grow-global-market-share-in-40-of-products-nikkei-survey2

Scroll to Top