Industry Analysis & Industry Trends
In the five years to 2014, revenue from the Circuit Board and Electronic Component Manufacturing industry is expected to increase, however, this increase more accurately captures the industry's rebound from 2009, and masks the declines the industry has faced since 2011. Accelerating offshoring activity has led to lower domestic production, while strong competition from international operators has increased the industry's import volume. During the five years to 2019, the industry is expected to experience similar trends from the past five years. Manufacturers will continue to relocate abroad and a strong dollar will encourage greater import volumes. Additionally, manufacturers are forecast to lower prices to remain competitive... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Circuit Board and Electronic Component Manufacturing industry is in the decline phase of its life cycle. Industry value added (IVA), which measures an industry's contribution to the US economy, is projected to increase at an annualized rate of 1.0% in the 10 years to 2019. By contrast, US GDP is forecast to grow at an annualized rate of 2.5% during the same 10-year period. Industries with lower IVA growth rates compared to GDP indicate a declining status.
Following a trend that has characterized a number of manufacturing industries in technology and electronics, the industry has experienced large-scale offshoring and production relocation to facilities throughout East, South and Southeast Asia... purchase to read more