Circuit overload: The decline of the US dollar will encourage exports to rebound

The Circuit Board and Electronic Component Manufacturing industry produces inputs that are essential in the downstream production of electrical items. As a result, demand for industry products is often tied to production levels and demand from downstream industries. Over the five-year period to 2018, demand from downstream manufacturers remained volatile, with revenue declining throughout the majority of the period. For the most part, industry manufacturers have followed their downstream customers to countries that offer more competitive labor costs, resulting in lower domestic production. Consequently, industry revenue is expected to decline. Domestic manufacturers will continue to deal with a mix of positive and negative trends in the five years to 2023...purchase to read more.

Industry Statistics & Market Size
Revenue
$42bn
Annual Growth 13-18
-1.7%
Forecast Growth 18-23
Profit
Employment
149,207
Businesses
2,891
Market Share of Companies

Industry Threats & Opportunities

  • The industry has shifted production to overseas plants that offer more competitive labor costs
  • Fluctuations in domestic demand bolstered the value of imports
  • Demand from downstream consumers of industry products will remain low
  • Industry Report - Industry Key Buyers Chapter

    The Circuit Board and Electronic Component Manufacturing industry has a low level of concentration, with the three largest companies representing 9.5% of industry revenue in 2018. Flex, TE Connectivity and Sanmina are all global electronics manufacturers with a manufacturing presence in multiple countries, but their US operations are relatively small compared with their manufacturing presence abroad. The remainder of industry revenue comes from smaller, often contract-based suppliers. The standardized nature of the industry's products lends itself to high levels of competition between smaller players...purchase to read more.

    Additional Insights for the Circuit Board & Electronic Component Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Circuit Board & Electronic Component Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Having links with suppliers
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Demand from computer manufacturing and Import penetration into the manufacturing sector in the Circuit Board & Electronic Component Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Circuit Board & Electronic Component Manufacturing Industry?

    Companies in this industry primarily manufacture electronic components (except semiconductors and related devices), such as printed circuits, circuit boards, capacitors, transformers, connectors and switches.

    Industry Products
  • Printed circuit assembly
  • Bare printed circuit boards
  • Electronic connectors
  • Other electronic components
  • Capacitors, resistors, coils, transformers and other inductors
  • Industry Activities
  • Tubes and LCD screen
  • Printed circuit boards and PCB assemblies
  • Capacitors
  • Connectors
  • Computer and coaxial cable
  • Transformers
  • Memory boards
  • Heads
  • Microwave components
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from computer manufacturing
  • Import penetration into the manufacturing sector
  • Percentage of households with at least one computer
  • Trade-weighted index

  • Current Performance
  • Volatility and declining demand
  • Imports and exports
  • Globalization and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand
  • Profitability, offshoring and employment
  • Exports and imports
  • Table: Circuit Board & Electronic Component Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Circuit Board & Electronic Component Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing

  • Key Selling Industries
  • Glass Product Manufacturing
  • Laminated Plastics Manufacturing
  • Semiconductor & Circuit Manufacturing
  • Wire & Cable Manufacturing

  • Products & Services
  • Printed circuit assembly
  • Other electronic components
  • Electronic connectors
  • Bare printed circuit boards
  • Capacitors, resistors, coils, transformers and other inductors
  • Chart: Circuit Board & Electronic Component Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Electrical equipment manufacturers
  • Exports
  • Computer equipment manufacturers
  • Automotive manufacturers
  • Communications equipment manufacturers
  • Other
  • Chart: Major Market Segmentation for the Circuit Board & Electronic Component Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Circuit Board & Electronic Component Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Circuit Board & Electronic Component Manufacturing Industry

  • Industry Globalization
    TE Connectivity Ltd.,
  • Table: TE Connectivity Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Circuit Board & Electronic Component Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Circuit Board & Electronic Component Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Trade-Weighted Index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Capacitor
  • A component used to store, filter and regulate electrical energy and current flow and that is one of the essential passive components used on circuit boards.
  • Electron Tube
  • A device in which the conduction of electricity by electrons takes place through a vacuum or a gas within a sealed container.
  • Inductor
  • A component used to resist changes in electrical currents passing through them.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Passive Electronic Component
  • A component used to store, filter or regulate electric energy, including capacitors, resistors and varistors, and that does not require power to operate.
  • Printed Circuit Board (Pcb)
  • An electrically insulated board onto which electrical components are assembled and wired together.
  • Resistor
  • A component used in all forms of electronic circuitry to adjust and regulate levels of voltage and current.
  • Varistor
  • A component used to protect circuits by rapidly dropping their resistance value whenever voltage exceeding the varistor voltage is applied to a device.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Circuit Board & Electronic Component Manufacturing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Circuit Board & Electronic Component Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Circuit Board & Electronic Component Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Circuit Board & Electronic Component Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear