Electronic Part & Equipment Wholesaling in the US - Industry Market Research Report

Electronic Part & Equipment Wholesaling in the US - Industry Market Research Report

Electronic Part & Equipment Wholesaling in the US

Electronic equipment and parts wholesalers distribute a wide variety of electronics including communications equipment, computer software, semiconductors and other electronic components, in addition to repair and maintenance services. Wholesalers have experienced a surge in demand, as substantial tech advancement has emphasized their importance in the supply chain. Business is increasingly being conducted online, necessitating the adoption of new devices and equipment. Improvements in communication infrastructure, such as the implementation of 5G, has increased the ease of online operations and pushed consumers to adopt devices which take advantage of this. The COVID-19 (coronavirus) pandemic accelerated this shift, as measures taken to combat the spread of the virus kept workers out of the office. These factors have combined to boost revenue at a CAGR of 2.9% to $550.3 billion over the past five years, including a growth of 3.6% in 2023 alone when profit, measured as earnings before taxes or interest, will reach 5.5%.

Companies in this industry wholesale electronic parts and equipment. Products include antennas, broadcasting equipment, communications equipment, computer chips and boards, radio and radar equipment, electronic condensers and connectors, integrated circuits, modems and navigational equipment. Wholesaling activities exclude electrical apparatuses and equipment, wiring supplies, construction material, electrical appliances, TVs and radio sets.

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.