Industry Analysis & Industry Trends
Over the past five years, the Communication Equipment Manufacturing industry has contended with staunch competition from manufacturers abroad, which has siphoned revenue from the domestic industry. Over the next five years, the industry will benefit from increasing demand as the economy grows 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 smart phones. As a result of stronger demand, industry revenue is expected to rebound. Nevertheless, growing import competition will continue to remain a threat to the industry... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Communication Equipment Manufacturing industry has a medium level of market share concentration, with the top three companies accounting for an estimated 41.5% of revenue in 2016. Over the five year period, industry concentration has been on the rise as the number of industry enterprises has declined. A decline in the number of companies has allowed major players to capture more market share and increase industry concentration.
Imports are extremely high in the industry, with 73.9% of domestic demand being satisfied by imports in 2016. Due to a large amount of imports from low-cost countries, many enterprises have exited the industry because they cannot compete or offshored their production... purchase to read more