Consumer electronics include electronic equipment intended for everyday use. Consumer electronics are most often used in entertainment, communication and office productivity. Some products classed as consumer electronics include personal computers, telephones, MP3 players, audio equipment, televisions, calculators, GPS automotive navigation systems and playback and recording of video media such as DVDs, VHSs or camcorders.
The CEA (Consumer Electronics Association) estimates 2007 Consumer Electronics sales at 150 billion dollars
One overriding characteristic of all consumer electronic products is the trend of ever-falling prices. This is driven by gains in manufacturing efficiency and automation, lower labour costs as manufacturing has moved to lower-wage countries, and improvements in semiconductor design design. Semiconductor components benefit from Moore’s Law, an observed principle which states that, for a given price, semiconductor functionality doubles every 18 months
See http://en.wikipedia.org/wiki/Consumer_electronics
By Tony Valentino, Quickfilter Technologies, Inc. Audio quality in consumer electronics is often sacrificed for cost reasons. However, as the markets for these electronic products mature, audio quality will become an important product differentiator. The compromise in audio quality is often reflected by the manufacturers’ choice of speakers.
