Consumer Electronics Manufacturing Industry Overview

Abstract

The Consumer Electronics manufacturing industry is involved in manufacturing and distribution of electronic items including televisions, telephones, video cameras alarm clocks, stereo items, MP3s, VCRs and DVD players among many other items you will find in an electronics outlet.

Consumer Electronics Manufacturing Industry is a big industry with many players partly including manufacturers of laptop and desktop PCs.

Contents

1.Employment opportunities

2.Merging of Consumer Electronics Manufacturing

3.Price Fluctuations

4.High-quality products

5.Clarity on Intellectual Property.

6.Control over the Digital Home

7.Audio and video

8.Wireless technology and Mobile electronics

9.Integrated home systems

10.Advancement in technology

11.Transformation through technology

12.The purchasing power of consumers

13.Professionals in the industry

14.Conclusion

1.Employment Opportunities

Consumer electronics manufacturing industry has created employment to professionals in different fields including engineers, sales persons, experts in finance and marketers as well. All these players contribute to the development of more advanced electronic devices.

Asia is a major manufacturer of consumer electronics characterized by cheap labor. The consumer electronic manufacturing industry employs electronics and software engineers as well. Also, great opportunities exist for industrial designers, industrial engineers, quality assurance engineers and professionals in Information and Technology.

Several multi-national corporations in the industry are employing professionals and offering good salaries. Some of these corporations include Mitsubishi and Samsung that provide opportunities in Production of smart phones and High Definition Televisions. The small and Medium-sized corporation also exist and offer employment opportunities to professionals in the field.

Individuals seeking job opportunities in these consumer electronics manufacturing industries should be aware of the standards needed. Most of the consumer electronics manufacturers produce brands to be distributed across the globe. These corporations have great opportunities for travel and positions internationally. Candidates with vast knowledge of international languages are more preferred.

There are numerous consumer electronics spread across the United States with a greater concentration towards the East and West coast of the country. The Consumer Electronics Manufacturing industry has large corporations that have branches in different locations with each branch dealing with a specific product line different from the others or performing different functions.

2.Merging

With recent developments in the industry, it has become difficult to categorize companies and the products they deal in into distinct categories that existed previously such as consumer electronics, computer hardware, and telecommunication among many others. A good example is from cell phones. The mobiles available in the global market today are multi-purpose.And they perform different functions that would have required several gadgets.

These mobile phones can be used to make and receive calls, to take high-quality photographs and to send or even receive emails. The same phones will use the Global Positioning System to provide information on their geographical location. In addition to these functions, they are used to download and play music, videos, and games. All these functions are merged in one electronic device.

It, therefore, becomes difficult to categorize such a device traditionally as a consumer electronic device, computer hardware product.Or even telecommunication device. With this kind of convergence, competition levels have raised in the three sub-sectors namely.

Computer hardware, telecommunications and consumer electronics with each one of them trying to get a leading position in categories on newly released goods. With a good example being Internet-enabled mobile phones. With time, industries in this sector will be characterized by the reduction in profitability, acquisitions, and mergers.

3.Price Fluctuations

With recent developments in these industries, most consumer electronic devices will depend on semiconductors for the purpose of conducting their functions. Computer hardware and consumer electronics manufacturing industries apply the Moore's Law, "The speed of a semiconductor will double after every 18 months". With regards to this; law, many companies that have invested in consumer electronics have developed a tendency of continually improving and releasing better products to the market.

Consumers, especially those with a keen interest in the most recent, high-quality products are now spoilt for choice for the wide range of products available today. Due to this, prices for most products are greatly reduced, and technology has been made available at minimal cost.

4.High-quality products

Consumer Electronics Manufacturing outlets today are characterized by high-quality consumer goods. For examples, manufacturers have improved the quality of audio devices by utilizing digital radio technology in both home and car radios and releasing them to the market.On the other hand, there is development in cameras, where more advanced digital cameras that have the capability of digital recording videos are being released to the market.

Today, you can watch your favorite TV program from your phone and your car; you can access satellite TV that will keep you posted on the status of traffic on your road. Now, this is that we refer to as technology more advanced technologies are still expected to hit our markets shortly.

5.Clarity on Intellectual Property.

From the early years of the 1980s, when we had the release of compact disks for audio applications, piracy of music and video products has greatly impacted on these industries. The production and release of writable audio tapes and CDs and the dissemination of MP3 format for use in music recording were delayed due to the fear of piracy which resulted in great to players in the entertainment industry.

Several negotiations with manufacturers of electronics and computers in including features that protect copyrights in the devices they produce have yielded fruits. Players in the entertainment industry no longer have to worry about piracy as developers of software’s that allow sharing of files have been reported, and ISPs that enable downloading together with downloaders have been sued.

6.Control over the Digital Home

Today, different electronic devices in homes can be linked together by use of wireless technology. Gadgets such as televisions, mobile phones, cameras and other gadgets have been made to become more powerful and useful and have become internet enabled through technology.

The Consumer Electronics Manufacturing industry has grown with some of the largest producer companies employing more than 100,000 individuals.To dealing with a wide variety of products. The industry is also characterized by smaller industries with as little as 50 employees dealing in one line of product.

7.Video and Audio

Today, most consumers of consumer electronic devices are interested in audio and video applications. For this reason, manufacturers have invested in producing digital gadgets such as digital cameras, HD televisions and digital music systems including home theatres.

8.Wireless technology and Mobile electronics

Application of wireless technology and mobile electronics in communication has resulted in the production of high-quality electronic devices which are sold at reasonable prices. High demand for high-end electronic devices such as wired PDAs and mobile phones with the capability of transmitting data and voice at high speed using wireless network exists in the market today.

Manufacturers of top quality car audio, navigation, multimedia and security systems are utilizing digital technologies to make great milestones in the Consumer Electronics Manufacturing market.

9.Integrated Home systems

Electronic devices have been developed with integrated home systems that have networks to each other, and that also have global connections through wireless internet connections. These are the devices that power smart homes. Manufacturers such as Whirlpool, Sunbeam and IBM are trying to develop electronic devices that can be networked.

10.Advancement in Consumer Electronics Manufacturing technology

With the rapid growth and development of technology in consumer electronics industry, lovers of electronic devices find it exciting working in the industry. With the neck throat competition that is prevailing today, employees in the industry are more interested in working and outdoing their competitors.

11.Transformations through technology

A huge transformation has been realized with the wave of technological advancements. The world is moving from traditional ways of doing things to more advanced technologies. Such as smart homes, smart phones, and smart car and still more is yet to come. Improved consumers electronic products have greatly impacted on the way we entertain ourselves, communicate and exchange information.

12.The purchasing power of consumers

The ability of consumers to purchase the most recent consumer electronics released to the market will depend on their purchasing power. This is dictated upon by the local and global economic status.When the economy is stable, the disposable incomes of consumers goes high. But when the economy is poor, consumers tend to focus mainly on the basic needs.

Consequently, there is fluctuation in sales of consumer electronics and hence retrenchment of employees in Consumer Electronics Manufacturing industry.

13.Professionals in the Consumer Electronics Manufacturing Industry

Consumer Electronics Manufacturing industry is vast and has employed employees at different levels of value chains. It is characterized by large, small and medium-sized corporations dealing in different products. Great opportunities exist for innovation, designing, development, manufacture, distribution and sales and marketing of consumer electronics.

Technical jobs are in the fields of software engineering, systems, and hardware engineering. On the other hand, opportunities exist for business professionals such as sales and marketing experts.

14.Conclusion

Consumer Electronics Manufacturing industry is a vast industry with huge unexploited potential. With inventions, innovations, and advancement in technology, consumers have a wide range of high-quality products to choose from. This industry is the significant contributor to the general global economy through its production activities, and also through the job opportunities, it has created.

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Created on Apr 16th 2018 05:03. Viewed 374 times.

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