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 years to 2018, demand from downstream manufacturers has remained volatile, with revenue fluctuating intermittently but declining overall during the period. Domestic manufacturers will continue to deal with a mix of positive and negative trends over the five years to 2023. The value of the dollar is projected to fall, which will encourage exports to grow. Due to rising exports, industry revenue is projected to expand overall. However, grappling with marginal revenue growth, manufacturers will continue to offshore their production to compete with low-cost imports that continue to satisfy a large portion of domestic demand.
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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