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Electronic & Computer Repair Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Electronic & Computer Repair Services Market Research Report | NAICS 81121 | Feb 2014

Fixer-upper: Low-priced gadgets led consumers to replace rather than repair, hurting the industry

IBISWorld’s Electronic & Computer Repair Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 09-14
-1.2%
Annual Growth 14-19
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Profit
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Employment
153,749
Businesses
59,613
Industry Analysis & Industry Trends

This industry is one of few that can benefit from weak economic conditions. Therefore, the sluggish economic recovery and persistent high unemployment has presented opportunities for providers of electronic and computer repair services. However, because many electronic gadgets quickly become obsolete due to rapid technological advances, consumers will be tempted to simply replace these items rather than repair them. Nevertheless, high-end electronic items like flat-screen TVs will continue to generate demand for the industry, as these items generally cost less to repair than to replace... purchase to read more

Industry Report - Starting a New Business Chapter

Operators within this industry need to develop an established reputation for providing services across a wide range of platforms in order to capture consumers' confidence. A good reputation also helps attract large outsourcing deals. In addition, it is necessary to negotiate favorable agreements with vendors or dealers of parts and equipment, which often necessitates a critical mass of ongoing orders that requires a steady stream of business to support.

New entrants need to have a strong knowledge of niche markets, technical expertise and financial resources to build a viable sales base. Furthermore, medium levels of startup costs are required for attracting employees with strong technical and marketing skills... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Electronic & Computer Repair Services Industry?

Companies in this industry are involved in repairing and maintaining one or more of the following: consumer electronic equipment, computers, office machines, communication equipment and other electronic and precision equipment; items are not sold new. Establishments in this industry repair items including microscopes, radar and sonar equipment, televisions, stereos, video recorders, computers, photocopying machines, communications equipment, scientific instruments and medical equipment.

Industry Products
Consumer electronics (including radio, TV and VCR) repairsComputer and office equipment repairsCommunications equipment repairsOther electronic equipment (including medical equipment) repairs
 
Industry Activities
Repairing and maintaining consumer electronicsOperating photographic equipment repair shops that do not new photographic equipmentOperating stereo equipment repair shops that do not new stereo equipmentOperating TV repair shops that do not new TVsRepairing and maintaining dental equipmentRepairing and maintaining medical and surgical equipmentRepairing and maintaining optical instruments


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