Industry Analysis & Industry Trends
A trend of outsourcing production to foreign third parties will continue to negatively affect industry revenue, as it has in recent years. However, product sales to industrial markets are anticipated to rise due to increasing investment in automation, increased sales in consumer electronics and the widespread adoption of energy-saving techniques... purchase to read more
Industry Report - Starting a New Business Chapter
There are high barriers to entry into this industry, due mainly to intellectual capital barriers, the high cost of production facilities, and, in some segments, the dominance of existing major players. The industry's competitive nature requires significant investment in research and development, forcing potential entrants to have a significant amount of financial resources and human capital. Also, participants patent new technologies, which can create further barriers. Having access to the latest electronic technology is essential given that technological changes occur frequently in this industry.
The size of existing participants in the industry means new entrants need to spend more on marketing to establish industry links and gain market presence... purchase to read more