Industry Analysis & Industry Trends
The Circuit Board and Electronic Component Manufacturing industry produces inputs that are essential in the downstream production of consumer electronics. As a result, demand for industry products is often tied to production levels and demand from downstream industries. Although the economic recovery has improved demand for consumer electronics in the five years to 2016, revenue growth has been mild due to rising import competition and greater offshoring activity. Similar trends are expected in the five years to 2021, as manufacturers continue to relocate abroad and a strong dollar encourages greater import volumes. Although demand for industry products will remain strong, manufacturers are expected to lower their prices to remain competitive against foreign producers... purchase to read more
Industry Report - Starting a New Business Chapter
Overall, there are medium barriers to entry into this industry, with the principal barriers being intellectual capital barriers, the presence of scale economies, the development of relationships with customers and suppliers and the dominance of major players in some segments.
Having access to the latest electronic technology is essential, given that technological changes occur frequently in this industry. Access to skilled labor can be important, particularly for research and development and new product initiatives.
Large operators may have the benefit of producing at reduced unit costs. Scale can also increase negotiating power in purchasing raw materials... purchase to read more