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Circuit Board & Electronic Component Manufacturing in North Carolina

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NC33441b

Circuit Board & Electronic Component Manufacturing in North Carolina industry analysis

The Circuit Board & Electronic Component Manufacturing industry in North Carolina is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x billion, while the national industry is expected to decline -x.x%. Industry establishments are forecast to decline -x.x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Circuit Board & Electronic Component Manufacturing in North Carolina Market Research Report

What’s Included in the Circuit Board & Electronic Component Manufacturing in North Carolina Market Research Report

Definition of the Circuit Board & Electronic Component Manufacturing in North Carolina?

Companies in the Circuit Board and Electronic component Manufacturing industry primarily manufacture electronic components, except semiconductors and related devices, such as printed circuits, circuit boards, capacitors, transformers, connectors and switches.

What’s included in the Circuit Board & Electronic Component Manufacturing in North Carolina?

The Circuit Board & Electronic Component Manufacturing in North Carolina includes tubes and lcd screen manufacturing, printed circuit boards and pcb assemblies manufacturing, capacitors manufacturing, connectors manufacturing, computer and coaxial cable manufacturing, transformers manufacturing, memory boards manufacturing, heads manufacturing and microwave components manufacturing. Related terms covered in the Circuit Board & Electronic Component Manufacturing in North Carolina industry report includes an electrically insulated board onto which electrical components are assembled and wired together, a component used to store, filter or regulate electric energy, including capacitors, resistors and varistors, that does not require power to operate, 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, a component used in all forms of electronic circuitry to adjust and regulate levels of voltage and current, a component used to protect circuits by rapidly dropping their resistance value whenever voltage exceeding the varistor voltage is applied to a device, a component used to resist changes in electrical currents passing through them, a device in which the conduction of electricity by electrons takes place through a vacuum or a gas within a sealed container and 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.

Industry Performance of the Circuit Board & Electronic Component Manufacturing industry in North Carolina

Benchmark the Circuit Board & Electronic Component Manufacturing in North Carolina industry performance with all NC county and national performance.

Circuit Board & Electronic Component Manufacturing in North Carolina

#14 in Highest Revenue 2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Circuit Board & Electronic Component Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Circuit Board & Electronic Component Manufacturing industry in North Carolina

See how key industry drivers, such as population, median houshold income, house price index, percentage of households with at least one computer, import penetration into the manufacturing sector and demand from computer manufacturing are impacting Circuit Board & Electronic Component Manufacturing in North Carolina

North Carolina Economic Indicators

Population
Median Houshold Income
House Price Index

View more economic information in NC State Economic profile

US Key External Drivers

Percentage of households with at least one computer
Import penetration into the manufacturing sector
Demand from computer manufacturing

For the full list of industry drivers, see report purchase options.

County Data of the Circuit Board & Electronic Component Manufacturing industry in North Carolina

Access proprietary data on county in the Circuit Board & Electronic Component Manufacturing in North Carolina, such as Iredell County, Guilford County and Cleveland County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Circuit Board & Electronic Component Manufacturing industry in North Carolina

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Circuit Board & Electronic Component Manufacturing industry in North Carolina in 2025?

The market size of the Circuit Board & Electronic Component Manufacturing industry in North Carolina is $1.2bn in 2025.

How many businesses are there in the Circuit Board & Electronic Component Manufacturing industry in North Carolina in 2025?

There are 57 businesses in the Circuit Board & Electronic Component Manufacturing industry in North Carolina, which has been growing at an average annual rate of 3.1% from 2020 to 2025.

Has the Circuit Board & Electronic Component Manufacturing industry in North Carolina grown or declined over the past 5 years?

The market size of the Circuit Board & Electronic Component Manufacturing industry in North Carolina has been growing at an average annual rate of 1.5% from 2020 to 2025.

How many employees in the Circuit Board & Electronic Component Manufacturing industry in North Carolina in 2025?

There are 3,404 employees in the Circuit Board & Electronic Component Manufacturing industry in North Carolina, which has been declining at an average annual rate of -0.3% from 2020 to 2025.