Lighting & Bulb Manufacturing in the US

Industry Shrinks as It Wires into Global Markets

This industry is in decline; however, opportunities globally are promising. Firms have to create links with suppliers and export markets if they are to survive. Those with economies of scale are able to invest heavily in R&D, supporting sales. The trend of moving production offshore will continue to constrain revenue into the long term future.

This industry comprises establishments primarily engaged in manufacturing electronic components (except electron tubes; bare printed circuit boards; semiconductors and related devices; electronic capacitors; electronic resistors; coils, transformers and other inductors; connectors; and loaded printed circuit boards). An example of products in the Other Electronic Component Manufacturing segment include: LCD (liquid crystal display) screens, quartz crystals for watches and clocks, and various switches.