I-Connect007 Survey Details Concerns About Future of Industry


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I-Connect007 continues to monitor the current worldwide economic situation by seeking input from our market leaders. Here’s what we discovered: If you’re feeling the pressure, you’re not alone.

In a recent survey, we asked about your primary concerns for the future of our industry. The number one concern (26%) indicated a belief that sales will be affected negatively in the coming months.

That was followed closely by primary concerns about supply chain in the electronics market (17%), the ability to retain quality employees in our worldwide industry (10%), and the spreading of COVID-19 (10%).

survey_chart_0428_710.jpg

While survey respondents were less worried about cybersecurity (2%), new equipment (5%), China (3%) and smart factories (5%), about 20% of respondents shared other primary concerns, among them:

  • “Not enough new design talent coming into the PCB industry”
  • “Offshore competition”
  • “Government driving up energy costs”
  • “Product liability”
  • “Keeping design under designers and not merging with engineers”
  • “Miniaturization”
  • “That there will be a future”
  • “Earning enough margin to afford to hire top talent and keep current on the best CAD tools”

Check back for the latest on the COVID-19 outbreak and its effect on the electronics industry.

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