Industry Analysis & Industry Trends
The Communication Equipment Manufacturing industry, which produces broadcasting and other wireless communication equipment, has contended with staunch competition from manufacturers abroad. In the coming years, communication equipment manufacturers will benefit from increasing demand as the economy recovers and consumer sentiment rises, stimulating demand from downstream industries. Moreover, as the unemployment rate decreases and per capita disposable income rises, consumers are expected to increase discretionary spending, particularly on electronics such as mobile phones... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Communication Equipment Manufacturing industry is in the mature phase of its life cycle. This is characterized by industry value added (IVA), a measure of the industry's contribution to the US economy, growing slower than GDP, a slowdown in the growth in the number of enterprises and clearly segmented product lines. IVA is expected to decline at an average annual rate of 1.2% in the 10 years to 2021, while GDP is expected to increase at an annualized rate of 2.2% during the same period.
IVA growth has been largely weighed down by the recession. Industry profit margins were hampered by downstream demand combined with high input costs during the recession... purchase to read more