U.S.: Printed Circuit Assembly Market 2025

Printed Circuit Assembly Market Size in the U.S.

For the third year in a row, the U.S. printed circuit assembly market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption recorded a strong increase. Printed circuit assembly consumption peaked in 2022 and is likely to continue growth in the immediate term.

Printed Circuit Assembly Production in the U.S.

In value terms, printed circuit assembly production reduced slightly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Printed Circuit Assembly Exports

Exports from the U.S.

In 2022, shipments abroad of printed circuit assemblies (electronic assemblies) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, printed circuit assembly exports rose sharply to $X in 2022. Over the period under review, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mexico (X units), Vietnam (X units) and Canada (X units) were the main destinations of printed circuit assembly exports from the United States, together comprising X% of total exports.

From 2013 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for printed circuit assemblies (electronic assemblies) exports from the United States, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average printed circuit assembly export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price recorded measured growth. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced mixed trend patterns.

Printed Circuit Assembly Imports

Imports into the U.S.

For the fifth year in a row, the United States recorded growth in supplies from abroad of printed circuit assemblies (electronic assemblies), which increased by X% to X units in 2022. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, printed circuit assembly imports totaled $X in 2022. Over the period under review, imports saw a strong increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), China (X units) and South Korea (X units) were the main suppliers of printed circuit assembly imports to the United States, together comprising X% of total imports.

From 2013 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest printed circuit assembly suppliers to the United States were Taiwan (Chinese) ($X), South Korea ($X) and China ($X), with a combined X% share of total imports. Vietnam, Malaysia, Mexico, the Philippines, Germany and Sweden lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average printed circuit assembly import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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