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LOS ALTOS, CA – Global electronic equipment revenues will fall 2.2% in 2009, before rebounding to 6.7% growth in 2010, according to a new forecast by Henderson Ventures.

The firm estimates 2008 will show a 1.2% gain, lower than previous forecasts.

According to Henderson, the US will take a 4.4% hit in 2009, then recover 4.3% in 2010. Japan will fall 5.3%, then rebound to 4.6% growth in 2010. Western Europe will decline 6% in 2009, then grow 3.8% in 2010.

China is an exception: It will grow 2.3% in 2009 and 10.1% in 2010.

Declines in commodity prices in 2009 should permit some equipment manufacturers to maintain profitability, Henderson says.

Mobile markets will be hard hit, with cutbacks expected for previously planned 3G rollouts. Overall, handsets sales are predicted to decline 3.2% in 2009, then rebound 10.3% in 2010. 
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