Forecast: Printed Circuit Assembly (Electronic Assembly) Sales in the US

The data for Printed Circuit Assembly (Electronic Assembly) Sales in the US from 2013 to 2023 shows a declining trend. Sales peaked at 16.947 billion USD in 2013 and have been consistently decreasing, reaching 13.63 billion USD in 2023. Year-on-year variations indicate fluctuating, predominantly negative growth rates, with notable negative changes in 2014, 2016, and 2018. The past five years averaged a contraction of 2.13% annually. The forecast from 2024 to 2028 continues this trend, with a projected Compound Annual Growth Rate (CAGR) of -1.92%, leading to an anticipated decrease to 12.075 billion USD by 2028.

Future trends to watch for:

  • Emerging technologies like IoT and AI potentially revitalizing demand for sophisticated PCBs.
  • Supply chain disruptions caused by geopolitical tensions and their impact on production costs.
  • Sustainability efforts pushing for more environmentally friendly material usage.
  • Reshoring initiatives in the US increasing local production capacities.

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