Industry Analysis & Industry Trends
Communication equipment manufacturing revenue declined as a result of plummeting consumer spending in the wake of the recession. Moreover, economic uncertainty caused corporations to delay upgrades. However, product innovations have been key drivers of rising consumer demand for new services and merchandise, bolstering industry performance. Consequently, in the five years to 2019, revenue is forecast to recover as a result of increasing product innovations, although increasing import penetration may hamper growth... 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 increase at an average annual rate of 0.2% in the 10 years to 2019, while GDP is expected to increase at an annualized rate of 2.7% during the same period.
IVA growth has been largely weighed down by the recession. Industry profit margins were hampered decreased downstream demand combined with high input costs during the recession... purchase to read more