Sign In Start Free Trial Sign Up for Free

NAICS 334 - Computer and Electronic Product Manufacturing

NAICS 334 - COMPUTER AND ELECTRONIC PRODUCT MANUFACTURING
NAICS 311 Food Manufacturing NAICS 312 Beverage and Tobacco Product Manufacturing NAICS 313 Textile Mills NAICS 314 Textile Product Mills NAICS 315 Apparel Manufacturing NAICS 316 Leather and Allied Product Manufacturing NAICS 321 Wood Product Manufacturing NAICS 322 Paper Manufacturing NAICS 323 Printing and Related Support Activities NAICS 324 Petroleum and Coal Products Manufacturing NAICS 325 Chemical Manufacturing NAICS 326 Plastics and Rubber Products Manufacturing NAICS 327 Nonmetallic Mineral Product Manufacturing NAICS 331 Primary Metal Manufacturing NAICS 332 Fabricated Metal Product Manufacturing NAICS 333 Machinery Manufacturing NAICS 334 Computer and Electronic Product Manufacturing NAICS 335 Electrical Equipment, Appliance, and Component Manufacturing NAICS 336 Transportation Equipment Manufacturing NAICS 337 Furniture and Related Product Manufacturing NAICS 339 Miscellaneous Manufacturing
Buy the detailed report

Industries in the Computer and Electronic Product Manufacturing subsector group establishments that manufacture computers, computer peripherals, communications equipment, and similar electronic products, and establishments that manufacture components for such products. The Computer and Electronic Product Manufacturing industries have been combined in the hierarchy of NAICS because of the economic significance they have attained. Their rapid growth suggests that they will become even more important to the economies of all three North American countries in the future, and in addition their manufacturing processes are fundamentally different from the manufacturing processes of other machinery and equipment. The design and use of integrated circuits and the application of highly specialized miniaturization technologies are common elements in the production technologies of the computer and electronic subsector. Convergence of technology motivates this NAICS subsector. Digitalization of sound recording, for example, causes both the medium (the compact disc) and the equipment to resemble the technologies for recording, storing, transmitting, and manipulating data. Communications technology and equipment have been converging with computer technology. When technologically-related components are in the same sector, it makes it easier to adjust the classification for future changes, without needing to redefine its basic structure. The creation of the Computer and Electronic Product Manufacturing subsector will assist in delineating new and emerging industries because the activities that will serve as the probable sources of new industries, such as computer manufacturing and communications equipment manufacturing, or computers and audio equipment, are brought together. As new activities emerge, they are less likely therefore, to cross the subsector boundaries of the classification.

View full description Collapse full description

Industries in the Computer and Electronic Product Manufacturing subsector group establishments that manufacture computers, computer peripherals, communications equipment, and similar electronic products, and establishments that manufacture components for such products.

The Computer and Electronic Product Manufacturing industries have been combined in the hierarchy of NAICS because of the economic significance they have attained. Their rapid growth suggests that they will become even more important to the economies of all three North American countries in the future, and in addition their manufacturing processes are fundamentally different from the manufacturing processes of other machinery and equipment.

The design and use of integrated circuits and the application of highly specialized miniaturization technologies are common elements in the production technologies of the computer and electronic subsector. Convergence of technology motivates this NAICS subsector. Digitalization of sound recording, for example, causes both the medium (the compact disc) and the equipment to resemble the technologies for recording, storing, transmitting, and manipulating data. Communications technology and equipment have been converging with computer technology. When technologically-related components are in the same sector, it makes it easier to adjust the classification for future changes, without needing to redefine its basic structure.

The creation of the Computer and Electronic Product Manufacturing subsector will assist in delineating new and emerging industries because the activities that will serve as the probable sources of new industries, such as computer manufacturing and communications equipment manufacturing, or computers and audio equipment, are brought together. As new activities emerge, they are less likely therefore, to cross the subsector boundaries of the classification.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 33 Manufacturing
NAICS 334 Computer and Electronic Product Manufacturing
NAICS 3341 Computer and Peripheral Equipment Manufacturing
NAICS 33411 Computer and Peripheral Equipment Manufacturing
NAICS 334111 Electronic Computer Manufacturing
View full hierarchy

Industry trends

The Computer and Electronic Product Manufacturing industry, under NAICS 334, is experiencing several significant qualitative trends driven by technological advancements, supply chain dynamics, and changing consumer demands. One prominent trend is the increasing focus on sustainability and eco-friendly practices. Manufacturers are investing in greener technologies and materials to meet both regulatory requirements and consumer preferences for sustainable products. This trend is expected to continue as environmental regulations tighten and consumers become more environmentally conscious.

Another key trend is the rapid advancement in semiconductor technology. The continuous development of smaller, more efficient, and powerful chips is leading to innovations not only in consumer electronics but also in industrial applications, such as automation and artificial intelligence. The demand for semiconductors is forecasted to grow, driven by the proliferation of Internet of Things (IoT) devices, 5G technologies, and electric vehicles.

Furthermore, there is a growing emphasis on reshoring and supply chain resilience. The disruptions caused by global events have prompted companies to reconsider their supply chain strategies, with many looking to diversify their sources and increase domestic production. This shift could lead to increased investment in local manufacturing capabilities, boosting employment and innovation within North America.

Lastly, the adoption of Industry 4.0 technologies, including robotics, machine learning, and cloud computing, is transforming manufacturing processes. These technologies are enhancing productivity, reducing costs, and enabling customization, providing a competitive edge to companies that effectively implement them. In the near future, expect these trends to drive growth and shape the strategic directions of companies within the computer and electronic product manufacturing industry.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Explore related industries

Get the Full Industry Report

In-depth analysis, 50+ financial ratios, 4-year trends, and industry forecasts.

View interactive report sample Buy the detailed report