Industry Analysis & Industry Trends
The Electronic and Computer Repair Services industry has declined during the past five years. The increasing affordability of electronics and computers has prompted consumers and businesses to purchase new products rather than replace their existing equipment, and businesses and consumers typically have opted to purchase more advanced products and scrap damaged or outdated goods. In the five years to 2020, the industry will continue declining, albeit at a slower rate. New, technologically complex products will lead the way for increased repair demand. However, the industry will still suffer from declining trends, as electronics and computer products continue to decrease in price... purchase to read more
Industry Report - Industry Investment Chapter
The Electronic and Computer Repair Service industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.05 in capital investment. Capital is mainly invested in repair equipment. During the past five years, capital intensity has remained constant; in 2010, for every dollar spent on wages, industry operators also spent about $0.05 in capital investment. This stability is evidenced in the number of industry operators. During the five years to 2015, the number of establishments decreased slightly at an annualized 0.4%.
Industry operators also reduced labor expenses in the past five years. The number of employees in the industry fell during the period, declining at an average annual rate of 1.8%... purchase to read more