Consumer Electronics; are utilized in house for the purpose of entertainment, communication and recreation
Consumer Electronics are the electronic goods
that are utilized or used in home and are also intended for the daily usage
mostly in the individual or the private homes. Consumer Electronics comprises
of the devices or the equipment that are utilized for the entertainment purpose,
for communication and also for recreation. Generally the Consumer Electronics
are also known as the black goods because of many goods or the products being
made in black or the dark casings.
The Global
Consumer Electronics Market is estimated
to be valued at US$ 3,428.5 billion in 2021 and is expected to exhibit a CAGR of 15.6% over the forecast period
(2021-2028).
The word consumer electronics is utilized to
differentiate themselves from the white goods which are kept for the
housekeeping works, such as washing machines or refrigerators, though these
days the consumer electronics would be known as the black goods and also few of
them are straight away linked to the internet. In the various parts of the
countries black goods or the consumer goods are also referred to as brown goods
by the manufacturers or the vendors. Radio broadcasting in the starting of the
20th century was the primary and main consumer electronic good, the
broadcast receiver.
Moving further, the consumer electronics
comprised of TV, calculators and the telephones after that came the audio and
the video recorders, PCs, mobile phones, game consoles and the MP3. The
consumer electronics shops also used to vend the GPS, video games consoles,
automotive electronics and the electric musical instruments.
There is an increasing or the expanding
necessity to keep the goods data updated and then distinguished for the
consumer to make a significant choice. Several goods comprise of the internet
connectivity utilizing the technologies like Wi-Fi, Ethernet or the EDGE. Generally,
huge number of the consumer electronics are manufactured and designed in China
because of the maintenance of the price. The necessity of HD content has also
allowed the industry to increase the number of technologies. India’s share in
the Global consumer electronics system production industry is around 1.3% in
the year 2019.
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