home / About us / Research Store / Latest reports / Services / NEWS & MEDIA / contact us

News

Ideas That Generate Results

Reports by Industry
Reports by Company

Consumer Electronics Miniaturization Driving Demand

Mar 17, 2006

Share |
The convergence of digital-based audio, video and information technology is changing the shape of the consumer electronics industry, creating a whole new world of electronic gadgets with the capability to grab the attention of consumers.
 
In consumer electronic industry, consumer-spending trends is a leading economic indicator, strongly correlated with economic growth. Technological advancement bringing convergence of computer, communication and consumer electronics augured well for the industry, with many new opportunities for product innovation. Further technological innovations in the field of flash memory chips and micro-drive hard disks can spur a cut edge growth in these markets.
 
Digitalization, miniaturization and mobility are the key elements for modern consumer products. Multifunctional devices focusing on portability, next-generation product lines and innovations such as wireless devices, flat panel displays, MP3 devices, PDAs, digital camcorders, smart phones, gaming consoles and compatible software titles should witness robust growth.
 
The introduction of digital broadcasting should create an increasing demand for AVC products. The transition from analogue to digital technology has ushered in an era-improved functionality, which combined with greater penetration of home PCs allows consumers to easily and quickly upload/download of brighter and clearer digital images. DVD recordings are soon going to be cheaper.
 
The market research report by RNCOS titled, “Worldwide Consumer Electronics Market” suggests that the rapidly falling prices and improved functionality provided by convergence is the driving force behind the growing consumer demand for electronics.
 
The report sums up the development of the global consumer electronics industry, examining its different parts and the development status and characteristics of various regional markets. It studies the competition situation of the industry, law of development, and leading enterprises' competitiveness, business strategy and operation strategy.
 
The report “Worldwide Consumer Electronics Market” by RNCOS – a leading market research report company, reveals that the Asia Pacific region holds sway over the major portion of the market followed by Europe in the second spot. Rising consumer demand in the Asia Pacific region is going to give a further blow to the European consumer electronics market.
 
It profiles the top 10 enterprises such as Samsung Electronics, Sony Corp., Sharp Corp., providing details of technology, product, capital and management. The report helps in analyzing and identifying the potential areas that can be exploited by both the existing and the new entrants in the sector. Finally, it provides development strategy and recommendations for leading enterprises and growing enterprises respectively.
 
The new, aesthetically pleasing innovations poses significant challenges to the electronics industry. These products require smaller, lighter, faster, more powerful advanced packaging technologies with increased functionality, memory capacity and reliability. This has provided a great impetus to digitization of the AVC products.
 
Increasing global competition has lead to tighter design cycles; more stringent environmental standards add complexity; and rising price pressures from consumers force lower cost solutions.
 
For more information visit: http://www.rncos.com/Report/CP13.htm


Media Citation

get in touch

Please fill-in the information below.

Not readable? Change text.