Electronic Components Manufacturing in China: Industry Revenue Forecast to Reach $268.82 Billion Over Next Five Years
Los Angeles, CA (PRWEB) December 13, 2011
Driven by increased demand from downstream industries and growth in exports, the Electronic Components Manufacturing industry in China is expected to experience average revenue growth of 11.2% per year over the next five years. As the Chinese and global economies further recover from the global financial crisis, demand for a wide range of intermediate manufacturing inputs will increase. Industry revenue is forecast to reach $ 268.82 billion in 2016, according to IBISWorld, Americas largest publisher of industry research.
With the rapid development of China’s Information Communications Technology (ICT) sector, China has become the world’s largest manufacturing center for electronic products, including televisions, computers, handsets and DVD players. China’s output of some component categories, especially commonly used and medium- and low-end electronic components, is the highest in the world.
Industry revenue is forecast to increase by 24.5% in 2011 to $ 157.93 billion. Slow 5.6% industry revenue growth in 2009 was mainly due to lower domestic and foreign demand resulting from the global financial crisis, and a decline in price levels. However, domestic demand increased in 2010 and 2011 due to the recovery of China’s economy.
Revenue growth in the Electronic Components Manufacturing industry in China is forecast to be strong in the years to 2016, but with growth rates lower than the past five years as the industry matures and competition intensifies. Increased foreign competition, high capacity and output levels, weaker future demand from downstream industries, and continuing effects from the global financial crisis are expected to contribute to a more difficult operating environment for this industry in future years. However, demand for electronic components will remain high over the next five years.
For more information, including profit levels, market shares, product segmentation and more, download IBISWorlds report on the Electronic Components Manufacturing industry in China.
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The Electronic Components Manufacturing industry in China comprises establishments that manufacture electrical equipment and components (except optical fibers and cables, batteries, printed circuit boards and semiconductors) as inputs for further electronic product manufacturing. The industry’s products change the electrical signals of the circuit, but do not change the electrical voltage or current.
The Electronic Components Manufacturing in China Report Key Topics
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.cn or call 1-800-330-3772.
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