The Electronic Component Manufacturing industry has endured tough conditions over the past five years, headlined by increasing import competition. The rise of low-cost producers across Asia and anaemic demand stemming from the global financial crisis have caused the industry to decline. Revenue is expected to fall by 1.6% per annum over the five years through 2012-13 as producers move production offshore to capture greater margins through low-wage manufacturing. Falling consumer and business sentiment due to the financial crisis have also affected key downstream retailing industries and therefore reduced demand for manufacturing.
Companies in this industry manufacture radio receiving sets (except radio transceivers, and radio telegraphic or telephonic receivers), television receiving sets, sound reproducing and recording equipment, headphones, hearing aids, and electronic equipment and components.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.