Communication Equipment Manufacturing in the US - Industry Market Research Report
Communication Equipment Manufacturing in the US
The Communication Equipment Manufacturing industry produces smartphones, radio and TV broadcasting equipment, satellites, antennas, global positioning systems (GPS) and mobile communications equipment. Manufacturers have endured multiple challenges and have struggled to maintain profit levels. This trend is mainly driven by high research and development (R&D) costs and falling equipment prices caused by lower-priced imports. Since the industry is diverse, specific product segments may perform better than others and large companies with contracts in place will be less affected than smaller manufacturers. The sector benefited from the 2020 pandemic as businesses were required to increase investment in equipment to support work-from-home capabilities. As a result, manufacturers' revenue will grow at a CAGR of 0.7% to $33.4 billion over the five years to 2023, including a 3.7% decrease in 2023 alone.
Operators in this industry primarily manufacture broadcasting and other wireless communication equipment. Examples of such equipment include antennas, set-top boxes, GPS systems, cell phones, satellite uplink technologies and radio and TV broadcasting equipment. Operators in this industry do not manufacture radio or TV sets, intercoms or equipment to test communication signals.
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.
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance