How To Buy VR Accessories In Shenzhen Huaqiangbei Electronics Market 2024

VR accessories are a hot market ripe for online retailers. Like any consumer electronic, Huaqiangbei in Shenzhen is the place to go for ridiculously low prices on VR accessories. In this article, we’ll share our top tips for buying VR accessories in Huaqiangbei.

 

VR Accessories Trends 2024

 

According to Precedence Research, the virtual reality market size is expected to grow at a CAGR of 22.9% between 2023 and 2032. The two main drivers of this growth are advancements in VR technology and an expansion in VR applications.

 

Advancements in VR Technology 2024

 

Limited tech in the form of clunky headsets and inferior graphics relegated VR to a niche market. Now, a wave of recent advancements has elevated VR to mainstream use.

● Standalone devices that don’t need to be tethered to a PC or other device

● Advanced sensors for full-body tracking

● VR passthrough that combines the real world with the VR world

 

 

New VR Markets and Applications for 2024

 

With these advancements in technology, consumers and businesses alike are flocking to virtual reality. Consumers are more likely than ever to encounter VR in the workplace, while undergoing medical treatment, or in social situations.

 

● Pay-to-play venues offer state-of-the-art VR experiences and introduce more consumers to VR.

● VR is being used for both training and therapy, including military simulations, surgery simulations, and therapies treating conditions, such as PTSD and pain management.

● Corporations and businesses are using VR to train their workforce and enhance long-distance collaboration.

● Tech corporations, such as Meta (formerly Facebook), are creating metaverses, which are virtual reality environments in which users can explore and interact with others, in addition to creating VR headsets, such as Meta Quest.

 

Where to Go to Find VR Accessories at Huaqiangbei Electronics Market 2024

 

Huaqiangbei has rebounded after Covid lockdowns of 2022 shuttered many retail counters. In 2024, buyers traveling to Huaqiangbei can find wholesale deals on VR accessories. Remember, however, that the Huaqiang North electronic market is the world’s largest, and you need to have a plan before you brave its bustling one-meter counters.

 

• SEG Plaza Market

Two buildings, the SEG Plaza and the former Baohua Building, make up the SEG Plaza Market where you can find quality VR accessories. Start on the first nine floors of the SEG Plaza. Then, take the skywalkway to the Boahua Building.

• Mingtong Digital City

You’ll find more VR accessories in Mingtong Digital City. The “city” is, in fact, a 60,000-square-meter building, with six floors dedicated to mobile phone and VR accessories. The area around Mingtong Digital City is also bustling with financial institutions, logistics companies, and vendors. It’s safe to say you’ll find just what you’re looking for in Mingtong.

• Wanshang Electronic City

Wanshang translates to “ten thousand merchants.” However, despite the dizzying array of electronics vendors you’ll find, this Huaqiangbei market is known as the go-to place for gaming consoles and accessories, including VR accessories.

• Shenzhen International Electronics City

Here, you’ll find more than 200 merchants within 3,800 square meters. The first floor is a hotspot for mobile phone accessories where you’ll find cell phone cases and cell phone chargers. You’ll find VR accessories on both the first and second floors of this busy market.

 

Tips for Sourcing Mobile Phone and Electronics Accessories at Huaqiangbei Market

 

Buying wholesale mobile phone accessories and VR accessories at Huaqiangbei Market is not for the faint of heart. In Shenzhen, you’ll find hoards of buyers and a surplus of suppliers. But you may also find scams, cheap knockoffs, and unscrupulous merchants. Follow these tips when sourcing products from Huaqiangbei.

 

• Research Suppliers Like Your Future Depends On It—Because It Does

You can protect your investment by performing thorough research on suppliers before you buy. Confirm their licenses, read customer reviews, and consult your network.

• Negotiate Your Purchase Price

Haggling over the price is expected at Huaqiangbei, which means you’re overpaying if you don’t negotiate. Start at 50% of the asked-for price, and go from there.

• Pay On Escrow

Sophisticated scammers will try to lure you into Bitcoin or other forms of electronic payment upfront. Instead, stick to your guns and pay with an escrow that will release funds when you receive the product.

 

Huaqiangbei Offers Rock-Bottom Prices

 

Despite these cautions, Huaqiangbei is the place where retailers can find VR accessories at all-time low prices. Consider one Chinese blogger’s experience of finding a treasure trove of consumer electronics, including hair dryers, a straightening brush, phone cases, power banks, children’s cameras, and cooling fans. How much did this savvy retailer pay? About $150 USD.

 

Save Travel Expenses and Find Mobile Phone Accessories and VR Accessories at TVCMALL

 

 

Clearly, you can find great deals on wholesale VR accessories at Huaqiangbei. However, you’ll incur travel expenses, and you’ll need to invest a considerable amount of time scouring the market.

 

Or, you can THRIVE when you find similar variety and affordability at TVCMALL. We have a wide selection of wholesale mobile phone accessories and VR accessories at low wholesale prices. Contact us today.