There has been a continual development in the electronic market and digital technologies are revolutionizing the global portable
electronics industry worldwide. The market for portable, battery-powered products has grown from a few well established niches, rapidly growing market that encompasses electronic computers, communications and entertainment products, a variety of cordless tools and much more.
With the declining in prices, better features and growing consumer awareness, more and more consumers are spending on portable electronic products. As a result, the global portable industry recorded a phenomenal year in 2007, as almost all the components of the industry reported growth.
Mp3 players, portable games,
laptops, i pod, Walkman, disc man, DVD player consoles and
notebooks remains the fastest growing segment of portable electronic industry and gaining the most popularity.
Several factors are driving the power packs market for portable electronics. New notebook and wireless standards, the continued emergence of mobile phones as a converged device, the move notebook computers have made in the overall personal computer (PC) space and slower-than-expected market penetration by tablet PCs impact both the power requirements and demand for portable electronics and the associated battery packs. On the technology side, several applications have stayed true to trend by offering additional features that require more power. However, meeting the power needs for these new features has not necessarily resulted in larger battery packs. It has been accommodated largely by improvements in power management. Finally, there is the impending presence of micro fuel cells, which to date have not entered the market, but continue to lurk on the outside waiting for their technology to come to fruition and find the niche that allows initial market penetration.
Report Analysis The report gives a forecast on the various components of the industry to help clients evaluate their growth prospects. It has been recorded that global mobile phone shipments grew by 12.3% in 2007 in volume terms. In future, this market will be largely driven by replacement market and strong demand from Asia.
"Global Portable Electronics Market" is an extensive research on the thriving global portable electronics market. It gives a strategic insight into the products, factors and market segments that are driving the market growth. It discusses the parameters defining the market and gives an overview on the roadblocks obstructing the market growth. Coupled with this, it outlines the opportunity areas emerging for and because of fast developing portable electronics market.
Consumer electronics is loosely defined as equipment that people buy with their own money, for use in or around the home, mainly for entertainment. It covers the TVs, videos and audio systems that have made the Japanese electronics industry so successful. But another term will soon be needed in the world of electronics to express the latest changes that Japan is trying to bring about to stay on top. New catch phrases, such as
'human electronics', have already been coined to describe Japan's move to automate our lifestyles. Soon there will be an automatic electronic aids in their homes. This could mean devices to control microwave ovens by telephone, and office electronics to help with housework as well as to enable employees to work from home.