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Circuit overload: A strong dollar will encourage imports and burden industry exports
Circuit Board & Electronic Component Manufacturing in the US
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 2017, demand from downstream manufacturers remained volatile, with revenue declining for the majority of the period. Similar trends are expected in the five years to 2022 as manufacturers continue to relocate abroad and a strong dollar encourages greater import volumes.
Additionally, domestic demand is expected to rebound as the US economy continues to grow. Due to these factors, imports are expected to rise steadily.
Companies in this industry primarily manufacture electronic components (except semiconductors and related devices), such as printed circuits, circuit boards, capacitors, transformers, connectors and switches.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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