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 electrical items. As a result, demand for industry products is often tied to production levels and demand from downstream industries. Over the five-year period, demand from downstream manufacturers remained volatile, with some rising after recessionary rebounds and others continuing to decline. Following a trend in technology manufacturing, the industry has shifted production to overseas plants that offer more competitive labor costs and house client industries in electronics manufacturing. Similar trends are expected in the five years to 2021, as manufacturers continue to relocate abroad and a strong dollar encourages greater import volumes. However, domestic demand is expected to rebound as the US economy stabilized.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook