Printed Circuit Assembly Market in the United States
Market Overview
In 
, the U.S. printed circuit assembly market increased by % to $, rising for the sixth year in a row after two years of decline. Over the period under review, the total consumption indicated a resilient expansion from 2013 to : its value increased at an average annual rate of +% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
In value terms, printed circuit assembly production expanded slightly to $ in . The total output value increased at an average annual rate of +% over the period from 2013 to ; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by %. Printed circuit assembly production peaked at $ in 2018; afterwards, it flattened through to .
, the U.S. printed circuit assembly market increased by % to $, rising for the sixth year in a row after two years of decline. Over the period under review, the total consumption indicated a resilient expansion from 2013 to : its value increased at an average annual rate of +% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.In value terms, printed circuit assembly production expanded slightly to $
in . The total output value increased at an average annual rate of +% over the period from 2013 to ; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by %. Printed circuit assembly production peaked at $ in 2018; afterwards, it flattened through to .Consumption
In , consumption of printed circuit assemblies (electronic assemblies) in the United States surged to units, with an increase of % on the previous year's figure. In general, the total consumption indicated a buoyant expansion from 2013 to : its volume increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. Over the period under review, consumption hit record highs in and is likely to see steady growth in the near future.
The revenue of the printed circuit assembly market in the United States surged to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a strong increase from 2013 to : its value increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
, consumption of printed circuit assemblies (electronic assemblies) in the United States surged to units, with an increase of % on the previous year's figure. In general, the total consumption indicated a buoyant expansion from 2013 to : its volume increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. Over the period under review, consumption hit record highs in and is likely to see steady growth in the near future.The revenue of the printed circuit assembly market in the United States surged to $
in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a strong increase from 2013 to : its value increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.Market Forecast
Driven by increasing demand for printed circuit assembly in the United States, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .Market Structure
Printed circuit assembly market in the United States remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms.
, the share of imports in total consumption was % in value terms and % in physical terms.Trade Balance
The United States remains a net importer of printed circuit assembly; in physical and value terms, imports consistently exceeded exports from 2013 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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