Circuit Board & Electronic Component Manufacturing in the US
The Circuit Board and Electronic Component Manufacturing industry produces inputs that are essential in the downstream production of consumer electronics. As a result, demand for industry products is often tied to production levels and demand from downstream industries. Although the economic recovery has improved demand for consumer electronics in the five years to 2016, revenue growth has been mild due to rising import competition and greater offshoring activity. Similar trends are expected in the five years to 2021, as manufacturers continue to relocate abroad and a strong dollar encourages greater import volumes. Although demand for industry products will remain strong, manufacturers are expected to lower their prices to remain competitive against foreign producers.
Companies in this industry primarily manufacture electronic components (except semiconductors and related devices), such as printed circuits, circuit boards, capacitors, transformers, connectors and switches.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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