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Electronic & Computer Repair Services in the US
IBISWorld, May 2009, Pages: 38
This industry comprises establishments primarily engaged in repairing and maintaining one or more of the following: (1) consumer electronic equipment; (2) computers; (3) office machines; (4) communication equipment; and (5) other electronic and precision equipment and instruments, without retailing these products as new. Establishments in this industry repair items, such as microscopes, radar and sonar equipment, televisions, stereos, video recorders, computers, fax machines, photocopying machines, two-way radios and other communications equipment, scientific instruments, and medical equipment. 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.
Introduction
Repairing the past damage
This industry is one of the few industries that have the potential to benefit from weak economic conditions. On the grand scale of the economy, electronic repairs and maintenance services are considered to be an inferior good: in times of economic prosperity, consumers will replace existing electronics products with new ones rather than repair old equipment. However, in times of economic hardship and falling incomes, consumers are left with no choice but to extend the life of electronic devices by repairing or maintaining them, rather than buying new ones.
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