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 - 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 rate of 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