Find stats on top websites
Industry Landscape
The electronics manufacturing industry is currently navigating through a complex landscape of supply chain disruptions, geopolitical tensions, and technological advancements. Demand for electronic devices continues to grow, driven by factors such as IoT, 5G, and electric vehicles. However, component shortages, trade disputes, and increasing raw material costs are creating challenges for manufacturers. Companies are investing in automation and supply chain resilience to mitigate these risks and improve efficiency [1].
Total Assets Under Management (AUM)
Electronics Production Value in United States
~USD 320 Billion (estimated)
(5.1% (estimated 2024 growth of Electronics Manufacturing in US, a derivative of Electronic Components Manufacturing Industry) [1,2] CAGR)
- Increased demand for electronic devices
- Growth in IoT and automation
- Government initiatives promoting manufacturing
Total Addressable Market
2 Trillion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Driven Supply Chain
AI-driven supply chain management optimizes component sourcing, predicts demand, and mitigates risks, enhancing efficiency and reducing costs.
Blockchain in Supply Chain
Blockchain technology enhances transparency and traceability in the electronics supply chain, ensuring component authenticity and reducing counterfeiting.
Robotics and Automation
Advanced robotics and automation streamline manufacturing processes, increasing production speed and accuracy while reducing labor costs.
Impactful Policy Frameworks
CHIPS and Science Act of 2022
The CHIPS and Science Act of 2022 allocates billions of dollars in subsidies and tax credits to boost domestic semiconductor manufacturing and research in the United States.
Compliance with the CHIPS Act can allow Breadboard's clients to access government incentives and funding, fostering growth and innovation in the U.S. electronics manufacturing sector.
Export Controls on Semiconductor Technology (2022)
In October 2022, the U.S. Bureau of Industry and Security (BIS) imposed export controls on advanced computing integrated circuits, computer commodities containing such ICs, and semiconductor manufacturing equipment.
Compliance with export controls can help prevent Breadboard's clients from inadvertently contributing to national security risks and ensure access to global markets.
EPA Regulations on E-waste Management (Ongoing)
The EPA sets regulations and guidelines for the responsible management and recycling of electronic waste to minimize environmental impact.
Increased focus on environmental considerations can help Breadboard's clients become more sustainable and appeal to environmentally conscious customers.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
