Industry Analysis & Industry Trends
The light at the end of the tunnel is getting dimmer for this industry. Strong import competition, recent energy legislation and an increasingly environmentally conscious society have all contributed to revenue decline. Operators will increasingly cut costs by consolidating and moving production overseas. While the industry's health will be maintained for the next few years, the increasing pervasiveness of light-emitting diode technology will eventually make the industry's products obsolete... purchase to read more
Industry Report - Industry Locations Chapter
Proximity to downstream markets is an important competitive strategy in this industry. Companies often benefit from cluster formations, as this facilitates access to new technological innovations. Because of the wide variety of downstream markets and the relatively small number of companies involved in this industry, the dispersion of establishments does not follow a clear trend. The majority of manufacturers in this US industry are in the Southeast, Mid-Atlantic and the Great Lakes regions, which, when combined, make up an estimated 64.8% of total establishments and roughly 60.0% of total employment.
The Mid-Atlantic region accounts for an estimated 22.7% of the number of establishments nationally and an estimated 17.0% of total employment... purchase to read more