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Circuit Board & Electronic Component Manufacturing in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV33441b

Circuit Board & Electronic Component Manufacturing in West Virginia industry analysis

The Circuit Board & Electronic Component Manufacturing industry in West Virginia is expected to decline an annualized -x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Circuit Board & Electronic Component Manufacturing in West Virginia Market Research Report

What’s Included in the Circuit Board & Electronic Component Manufacturing in West Virginia Market Research Report

Definition of the Circuit Board & Electronic Component Manufacturing in West Virginia?

Companies in the Circuit Board and Electronic component Manufacturing industry primarily manufacture electronic components, except semiconductors and related devices, such as printed circuits, circuit boards, capacitors, transformers, connectors and switches.

What’s included in the Circuit Board & Electronic Component Manufacturing in West Virginia?

The Circuit Board & Electronic Component Manufacturing in West Virginia includes tubes and lcd screen manufacturing, printed circuit boards and pcb assemblies manufacturing, capacitors manufacturing, connectors manufacturing, computer and coaxial cable manufacturing, transformers manufacturing, memory boards manufacturing, heads manufacturing and microwave components manufacturing. Related terms covered in the Circuit Board & Electronic Component Manufacturing in West Virginia industry report includes an electrically insulated board onto which electrical components are assembled and wired together, a component used to store, filter or regulate electric energy, including capacitors, resistors and varistors, that does not require power to operate, a component used to store, filter and regulate electrical energy and current flow and that is one of the essential passive components used on circuit boards, a component used in all forms of electronic circuitry to adjust and regulate levels of voltage and current, a component used to protect circuits by rapidly dropping their resistance value whenever voltage exceeding the varistor voltage is applied to a device, a component used to resist changes in electrical currents passing through them, a device in which the conduction of electricity by electrons takes place through a vacuum or a gas within a sealed container and the relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.

Industry Performance of the Circuit Board & Electronic Component Manufacturing industry in West Virginia

Benchmark the Circuit Board & Electronic Component Manufacturing in West Virginia industry performance with all WV county and national performance.

Circuit Board & Electronic Component Manufacturing in West Virginia

#44 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Circuit Board & Electronic Component Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Circuit Board & Electronic Component Manufacturing industry in West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, percentage of households with at least one computer, import penetration into the manufacturing sector and demand from computer manufacturing are impacting Circuit Board & Electronic Component Manufacturing in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

Percentage of households with at least one computer
Import penetration into the manufacturing sector
Demand from computer manufacturing

For the full list of industry drivers, see report purchase options.

County Data of the Circuit Board & Electronic Component Manufacturing industry in West Virginia

Access proprietary data on county in the Circuit Board & Electronic Component Manufacturing in West Virginia, such as Wood County, Greenbrier County and Monongalia County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Circuit Board & Electronic Component Manufacturing industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Circuit Board & Electronic Component Manufacturing industry in West Virginia in 2025?

The market size of the Circuit Board & Electronic Component Manufacturing industry in West Virginia is $49.8m in 2025.

How many businesses are there in the Circuit Board & Electronic Component Manufacturing industry in West Virginia in 2025?

There are 7 businesses in the Circuit Board & Electronic Component Manufacturing industry in West Virginia, which has been growing at an average annual rate of 3.1% from 2020 to 2025.

Has the Circuit Board & Electronic Component Manufacturing industry in West Virginia grown or declined over the past 5 years?

The market size of the Circuit Board & Electronic Component Manufacturing industry in West Virginia has been declining at an average annual rate of -5.0% from 2020 to 2025.

How many employees in the Circuit Board & Electronic Component Manufacturing industry in West Virginia in 2025?

There are 381 employees in the Circuit Board & Electronic Component Manufacturing industry in West Virginia, which has been growing at an average annual rate of 1.3% from 2020 to 2025.