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With the rapid development of China's information communications technology (ICT) sector, China has become the world's largest manufacturing center for electronic products, including televisions, computers, handsets and other electronic equipment. Subsequently, China's output of certain electronic components, especially commonly used and medium- and low-end electronic components, is the highest in the world. Revenue for the Electric Component Manufacturing industry in China is expected to grow at an annualized 12.5% over the five years through 2025, to total $553.4 billion. This growth includes an increase of 5.4% in the current year. The industry's growth can largely be attributed to the development of Artificial Intelligence (AI), the Internet of Things, 5G technology, and advances in electronic devices. These factors have increased demand for electronic components. This was particularly evident in 2018 and 2022, when industry revenue grew by 12.0% and 56.0% respectively. Rising localized production to reduce reliance on imports also promoted industry growth.Industry profit has fluctuated in recent years. Profitability is estimated at 6.5% of industry revenue in 2025. Rising raw material prices, increased competition, higher average wages, increased operating expenses and lower final prices for some low-end, generic products have all placed downward pressure on profit margins. However, the increasing share of high-end and technologically advanced industry products prevented significant declines in profitability. Industry revenue growth is anticipated to remain relatively stable over the five years through 2030, due to the recovery demand from the consumer electronics. ACMR-IBISWorld forecasts the revenue to grow at an annualized 6.0% over the five years through 2030, to $740.0 billion. Increased foreign competition, high capacity and output levels, and economic uncertainty will contribute to a more difficult operating environment for this industry.
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IBISWorld's research coverage on the Electronic Component Manufacturing industry in China includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released July 2025.
The Electronic Component Manufacturing industry in China operates under the industry code 4061. The Electronic Component Manufacturing industry in China manufactures electrical equipment and components (except optical fibers and cables, batteries, printed circuit boards and semiconductors) as inputs for further electronic product manufacturing. The industry's products change the electrical signals of the circuit, but do not change the electrical voltage or current. Related terms covered in the Electronic Component Manufacturing industry in China include capacitor, resistor and induction coil.
Products and services covered in Electronic Component Manufacturing industry in China include Capacitors, Magnetic elements and Sensing components.
Companies covered in the Electronic Component Manufacturing industry in China include Luxshare Precision Industry Co., Ltd., Goertek Inc. and Jonhon Optronic Technology Co., Ltd.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Electronic Component Manufacturing industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Electronic Component Manufacturing industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Electronic Component Manufacturing industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Electronic Component Manufacturing industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Electronic Component Manufacturing industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Electronic Component Manufacturing industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Electronic Component Manufacturing industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Electronic Component Manufacturing industry in China.
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The market size of the Electronic Component Manufacturing industry in China is $553.4bn in 2026.
There are 8,775 businesses in the Electronic Component Manufacturing industry in China, which has grown at a CAGR of 3.6 % between 2020 and 2025.
The Electronic Component Manufacturing industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Electronic Component Manufacturing industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Electronic Component Manufacturing industry in China has been growing at a CAGR of 12.5 % between 2020 and 2025.
Over the next five years, the Electronic Component Manufacturing industry in China is expected to grow.
The biggest companies operating in the Electronic Component Manufacturing industry in China are Luxshare Precision Industry Co., Ltd., Goertek Inc. and Jonhon Optronic Technology Co., Ltd.
Capacitors and Magnetic elements are part of the Electronic Component Manufacturing industry in China.
The company holding the most market share in the Electronic Component Manufacturing industry in China is Luxshare Precision Industry Co., Ltd..
The level of competition is high and increasing in the Electronic Component Manufacturing industry in China.