The Consumer Electronics manufacturing industry is involved in the manufacturing and distribution of electronic items, including televisions, telephones, video cameras, alarm clocks, stereo items, MP3s, VCRs, and DVD players, among many other things 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.
1.Consumer Electronics Manufacturing—Employment Opportunities
The consumer electronics manufacturing industry has created employment for professionals in different fields, including engineers, salespersons, experts in finance, and marketers. 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 electronics manufacturing industry employs electronics and software engineers as well. Also, significant opportunities exist for industrial designers, industrial engineers, quality assurance engineers, and information and technology professionals.
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 the Production of smartphones and High Definition Televisions. Small and Medium-sized corporations 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 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 with branches in different locations. Each chapter deals with a specific product line separate from the others or performs various functions.
2.Merging of Consumer Electronics Manufacturing
With recent developments in the industry, it has become challenging to categorize companies and their products into distinct categories that existed previously, such as consumer electronics, computer hardware, and telecommunication, among many others. A good example is 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 make and receive calls, take high-quality photographs, and 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 into one electronic device.
It, therefore, becomes difficult to categorize such a device traditionally as a consumer electronic device, computer hardware product. Or even telecommunication devices. With this kind of convergence, competition levels have risen in the three sub-sectors, namely.
Computer hardware, telecommunications, and consumer electronics, with each trying to get a leading position in categories on newly released goods. A good example being Internet-enabled mobile phones. With time, industries in this sector will be characterized by a reduction in profitability, acquisitions, and mergers.
3.Consumer Electronics Manufacturing—Price Fluctuations
Computer hardware and consumer electronics manufacturing industries apply Moore’s Law, “The speed of a semiconductor will double after every 18 months”. With recent developments in these industries, most consumer electronic devices will depend on semiconductors to conduct their functions. 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 significantly reduced, and technology has been made available at a minimal cost.
4.Consumer Electronics Manufacturing—High-quality products
Consumer Electronics Manufacturing outlets today are characterized by high-quality consumer goods. For example, 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 can digitally record 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. This is what we refer to as technology. More advanced technologies are still expected to hit our markets shortly.
5.Clarity on Intellectual Property.
From the early 1980s, when we released compact disks for audio applications, piracy of music and video products has dramatically impacted 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 excellent 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 that allow sharing of files have been reported, and ISPs that enable downloading with downloaders have been sued.
6.Control over the Digital Home
Today, different electronic devices in homes can be linked together by the use of wireless technology. Gadgets such as televisions, mobile phones, cameras, and other gadgets have become more powerful and valuable and internet-enabled through technology.
To deal with a wide variety of products. The Consumer Electronics Manufacturing industry has grown, with some of the largest producer companies employing more than 100,000 individuals. The industry is also characterized by smaller enterprises with as little as 50 employees dealing in one line of products.
7.Consumer Electronics Manufacturing—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
The application of wireless technology and mobile electronics in communication has resulted in the production of high-quality electronic devices sold at reasonable prices. High demand for high-end electronic devices such as wired PDAs and mobile phones with the capability to transmit data and voice at high speed using wireless networks exists today.
Manufacturers of top-quality car audio, navigation, multimedia, and security systems utilize digital technologies to make significant milestones in the Consumer Electronics Manufacturing market.
9.Consumer Electronics Manufacturing—Integrated Home systems
Electronic devices have been developed with integrated home systems that have networks to each other and 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 the consumer electronics industry, lovers of electronic devices find it exciting to work in the industry. With the neck throat competition prevailing today, employees in the industry are more interested in working and outdoing their competitors.
11.Transformations through technology
A massive 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, smartphones, and smart cars, and still, more is yet to come. Improved consumers electronic products have significantly impacted 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. The local and global economic status dictates this. When the economy is stable, the disposable incomes of consumers go high. But when the economy is poor, consumers tend to focus mainly on basic needs.
Consequently, there is fluctuation in sales of consumer electronics and hence reduction of employees in the Consumer Electronics Manufacturing industry.
13.Professionals in the Consumer Electronics Manufacturing Industry
The 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 other products. Excellent 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.Consumer Electronics Manufacturing—Conclusion
The Consumer Electronics Manufacturing industry is a vast industry with substantial unexploited potential. With inventions, innovations, and advancements in technology, consumers have a wide range of high-quality products to choose from. This industry is a significant contributor to the general global economy through its production activities and the job opportunities it has created.