Industry Analysis & Industry Trends
Electronics repair operators have some potential to benefit from weak economic periods. Businesses and households are inclined to repair equipment rather than purchase replacements in tougher times. However, the severity of the recession meant revenue simply continued to decline. Contractions in consumer and business spending offset the appeal of repairing electronics. In 2012-13, the early stages of economic recovery are evident to many industries, particularly in credit access and corporate profit, though electronic repair is still expected to fall 1.6% as businesses and consumers alike opt to purchase more advanced products and scrap damaged or outdated products. In the five years through 2012-13, industry revenue will have fallen at an average rate of 2.0%.. purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration measures the extent to which players dominate an industry. IBISWorld estimates this industry is highly fragmented and small operators dominate the industry. There are large numbers of small to medium-size players in the industry specialising in a small number of repair and maintenance services. IBISWorld estimates the top four players will account for less than 15% of industry revenue in 2012-13. Notable players include IBM, Hewlett-Packard and CSC Computer Sciences, together contributing 12.3% of revenue. Effectively however, industry concentration is low.
IBISWorld expects that at the end of this year, the industry will have 3,082 establishments... purchase to read more