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 - Industry Investment Chapter
Capital intensity in the Circuit Board and Electronic Component Manufacturing industry is low. Industry operators are expected to spend $0.10 on capital expenses for every dollar spent on labor. Capital intensity in this industry has steadily declined during the past decade, as this industry's products have become increasingly standardized in their manufacturing process. When manufacturing becomes more mechanized, less human labor is required.
This industry's products are commonly used as material inputs for related electronics manufacturing industries. Changes in the circuit boards produced by this industry have primarily been changes of degree (e.g. lower resistance materials, smaller scale etching) rather than of form, reducing changes needed to produce equipment... purchase to read more