MP3 Players, LCD TVs, DVD Recorders Lead Consumer Product Growth
In-Stat: MP3 Players, LCD TVs, DVD Recorders. The top three fastest-growing consumer electronic devices from 2003-2009 are projected to be portable digital audio players at a 57.0% Combined Annual Growth Rate (CAGR), LCD televisions at 52.3%, and DVD recorders at 51.4%. Two notable devices are projected to decline over the same period, analog televisions that are being squeezed out by digital televisions (a –15.3% CAGR), and fax machines (a –13.9% CAGR) that find their functionality consumed by multi-function peripherals.
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The ever more versatile PC is expected to grow to a 282 million unit-market by 2009.
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worldwide semiconductor sales in the consumer electronics category will reach $45.6 billion in 2010.
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Original equipment manufacturers have strong opportunities in markets in the East and in the West, and in developed markets as well as emerging markets.
It's All in the Eye of the Consumer: 2005 Consumer Electronics Roll-up Publ 20060222
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