Circuit Board & Electronic Component Manufacturing in the US - Industry Market Research Report
Description
Circuit Board & Electronic Component Manufacturing in the US
Printed circuit board revenue climbed at a CAGR of 0.7% in the past five years but rose just 0.1% in 2023 to reach $59.6 billion and a profit of 5.6%. COVID-19 rocked global supply chains, particularly those connecting US and Asian markets. Printed circuit board manufacturing and assembly plants briefly closed in 2020 before quickly reopening. A drop in production created order backlogs and a shortage of semiconductors and electronic components. The shortage coincided with massive demand for cars, phones and medical devices. Downstream semiconductor and electronics companies sought out printed circuit boards to take advantage of skyrocketing prices. Both overseas and domestic companies turned to US circuit board companies to fill supply gaps.
Companies in the Circuit Board and Electronic component Manufacturing 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.
Printed circuit board revenue climbed at a CAGR of 0.7% in the past five years but rose just 0.1% in 2023 to reach $59.6 billion and a profit of 5.6%. COVID-19 rocked global supply chains, particularly those connecting US and Asian markets. Printed circuit board manufacturing and assembly plants briefly closed in 2020 before quickly reopening. A drop in production created order backlogs and a shortage of semiconductors and electronic components. The shortage coincided with massive demand for cars, phones and medical devices. Downstream semiconductor and electronics companies sought out printed circuit boards to take advantage of skyrocketing prices. Both overseas and domestic companies turned to US circuit board companies to fill supply gaps.
Companies in the Circuit Board and Electronic component Manufacturing 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.
Table of Contents
51 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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