Consumer Electronics – Definition, List of Companies

What is Consumer Electronics (Definition), List of Consumer Electronics Companies and Brands, Market and Industry Analysis.

Consumer Electronics refers to electronic equipment, gadgets, devices and appliances that are used by an individual in day-to-day life.

They are not meant for commercial use. (But people are free to use them commercially as well).

Such Products include – Audio and Video Systems, TV (Television), Computer, Laptop, Digital Camera, DVD Players, Home and Kitchen Appliances, GPS, Mobiles Phones etc.

What is Consumer Electronics (Definition)

Consumer Electronics refer to Electronic equipment, tools, devices and gadgets such as televisions, computers, mobile phone or smartphones, kitchen and home appliances etc, bought for personal use and not for any commercial use.

Consumer Electronics Industry and Market

The Global consumer electronics Industry and Market suffered slight setback from 2011 to 2014. But after 2014 the industry is gaining growth because high demands from highly populated countries like China and India. Demand is Europe and also improved significantly.

Recovering and booming economy in certain countries and launch of new products with futuristic technology  provides a good future to the industry.

Increased demand of latest smartphones and advancement of wireless communication technology such as 3G, 4G and 5G is also good for the industry.

People also wish to replace their old electronic appliances with new appliances with latest technology. For example people using 2G feature phone are buying 3G and 4G smartphones. People using 4G are now buying 5G smartphones. Traditional Flat Panel Television are now getting replaced by LCD and LED TVs and Smart TVs. All these factors will full demand and growth in the Industry.

Market Share by Product

  1. Smartphone
  2. Television
  3. DVD players
  4. Refrigerators
  5. Washing machines
  6. Digital cameras
  7. Hard disk drives
  8. Laptops

Market Share by Country

  1. United States of America (USA)
  2. England (UK)
  3. France
  4. Germany
  5. China
  6. Japan
  7. India
  8. Brazil

Consumer Electronics Companies

The global consumer electronics industry is dominated by Japanese and South Korean companies. The Top 10 companies and best brands are:

  1. Sony
  2. Toshiba
  3. Panasonic
  4. Samsung
  5. LG
  6. Microsoft
  7. Apple
  8. Intel
  9. IBM
  10. Fujitsu

Top 10 Electronics Companies in the World by Revenue

FAQs: Consumer Electronics

Consumer electronics have transformed our daily life by providing convenience, entertainment, and connectivity. They allow us to communicate, work, access information, and enjoy media with ease, enhancing productivity and leisure.

Prominent consumer electronics brands include Apple, Samsung, Sony, LG, Microsoft, and Bose. These companies produce a variety of innovative devices that cater to different aspects of modern living.

Consider factors such as intended use, features, budget, and brand reputation when selecting consumer electronics. Read online reviews, compare specifications, and assess your requirements to make an informed decision.

Yes, there are environmental concerns due to e-waste generated by discarded consumer electronics. Proper disposal and recycling are essential to mitigate the negative impact. Look for products that use RoHS Consumables with eco-friendly certifications and support recycling initiatives.

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Santosh Das

Santosh, founder of this Electronics Tutorial Website, is an Electronics Geek, Blogger and Young Entrepreneur. He possesses vast experience in the field of electronics, electronic components, PCB, Soldering, SMT, Telecommunication, ESD Safety, and PCB Assembly Tools, Equipment and Consumables. Keep visiting for daily dose of Tips and Tutorials.

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4 Responses

  1. August 3, 2019

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  2. December 27, 2019

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    […] What is consumer electronics and appliances? […]

  4. August 27, 2023

    […] Ali, an electronic engineer, started his own consumer electronics company, which now generates millions in […]

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