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equipment, and businesses and consumers typically have opted to purchase more advanced products and scrap damaged or outdated goods.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 2019, the industry will grow marginally, as increasing complexity of consumer devices, computers and other precision instruments will lead to higher demand for repair services. However, the industry will continue to suffer from declining trends, such as falling prices for new electronic and computer equipment... 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 $0.09 in capital investment. Capital is mainly invested in repair equipment. During the past five years, capital intensity has remained constant; in 2009, for every dollar spent on wages, industry operators also spent about $0.09 in capital investment. This stability is evidenced in the number of industry operators. During the five years to 2014, the number of establishments increased slightly at an annualized 0.2%.
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 1.5%... purchase to read more