Electronics Manufacturing Services Market is expected to reach US$ 800.6 Bn. by 2029, at a CAGR of 4.8% during the forecast period. The global Electronics Manufacturing Services market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Electronics Manufacturing Services report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Overview of Electronics Manufacturing Services:
Electronics Manufacturing Services (EMS) refers to both a whole industry and a specific type of subcontractor or firm. The terms "contract manufacturing (CM)" and "EMS" are frequently used interchangeably. In short, EMS companies provide original equipment manufacturers (OEMs) with a wide range of value-added engineering and manufacturing outsourcing services, allowing them to increase operational efficiencies and focus on research and development (R&D). The need for electronic components and outsourced manufacturing services is growing in the electronics manufacturing services (EMS) business. The industry is forecast to grow at a CAGR of 4.8% during the forecast timeline, according to market MMR.Electronics Manufacturing Services Market Dynamics:
Manufacturers can take advantage of present prospects thanks to rising consumer electronics demand and creative technology breakthroughs. Manufacturers may need to engage with solution providers who have industry expertise and experience as a result of increased client demands and the requirement to reduce costs. Increasing rivalry in the EMS industry has prompted enterprises to adopt many technology transformations, including augmented reality, the Internet of Things (IoT), and 3D printing, to increase their manufacturing capacity. Market participants are also forming collaborative partnerships with various original design manufacturers (ODMs), original equipment manufacturers (OEMs), and other stakeholders to obtain high-value parts and mass customization. Market leaders in electronic manufacturing services are leading the road to meet the increased demand from the defense and aerospace industries by manufacturing cable systems, key communication PCBs, and security and control systems. By replacing rigid circuit boards with flex circuit boards in microsensors and aircraft power distribution, EMS providers assist aerospace and defense industries in reducing the size of conventional missiles. EMS has also begun to offer design services, which include conceptual product development advice as well as mechanical, electrical, and software design support. In-circuit, functional, environmental, agency compliance, and analytical laboratory testing are all performed by testing services. Electronics manufacturing services are available all around the world and offer several advantages. Their production capacities vary, and they must adhere to a variety of quality standards and legal restrictions.The global and national economies have been severely impacted by the COVID-19 pandemic.
Many end-user sectors, including electronics manufacturing, have been impacted. According to data from an IPC poll conducted in March 2021, xx % of the global electronics manufacturers and suppliers surveyed estimate that the COVID-19 epidemic has had the greatest impact on the consumer electronics industry. Indian government initiatives such as the PLI for component and subsystems production, as well as Make in India legislation, may aid, albeit with a two to five-year lag. India continues to rely on Taiwan, China, and Southeast Asia for electronic hardware component supplies, and global shortages of ICs, copper, wire, and other forms have various degrees of impact on the EMS industry. The availability of skilled workers is also being strained as a result of the abrupt increase in investments.Electronics Manufacturing Services Market Segmentation:
Depending upon the service, the electronics manufacturing services market is segmented into electronics manufacturing services, engineering services, logistics services, test & development implementation, and others. Electronics manufacturing services is the dominating segment in the market with approximately xx% market share owing to the rising adoption of smart home devices in developed economies mainly the U.S. acquiring the majority of the market. Consumers favor items that are both convenient and energy-efficient. In the economically developed countries of North America and Europe, the concept of home automation is not new. In most North American countries, smart devices are already installed in most homes. For a long time, many residents have used smart thermostats, smart meters, HVAC controllers, and lighting controls.Technological Enhancement:
To build linked gadgets for smart homes, industry leaders are inclined to integrate cloud computing, Artificial Intelligence (AI), 3D printing, and big data analysis to improve their engineering and factories. Players in the electronics manufacturing services market are extending their manufacturing locations to integrate new technologies and meet the industry's strong demand for smart home services.Electronics Manufacturing Services Market Regional Insights:
During the forecast period, the Asia-Pacific region is expected to grow significantly. Due to the strong position in the consumer electronics, semiconductor, and other telecommunications devices and equipment manufacturing industries, China is one of the most important markets for EMS in the world. Top Electronic Companies in the United States have a significant share of the global electronics market because of their high-quality and dependable goods and services. Several electronic enterprises have sprung up as a result of the growth in the electronics industry. Companies from Japan and China are also big players in the electronics industry. This list of the best and most well-known electronic companies in the United States includes some of the best electronics manufacturing companies in the world. IBM, HP, Apple, Cisco, Dell, and Intel among others are leading electronics companies in the USA.EMS manufacturers provide expertise and management services, such as material management, logistics transportation, and even product maintenance, in contrast to traditional OEM or ODM services, which solely supply product design and contract manufacturing. Now, competent electronic contract service providers are employed to contract manufacture of all kinds of electronic devices, mainly notebook computers, mobile phones, and other items, regardless of brand. Famous companies sometimes just give the brand, design, monitoring, and technical support.
Honhai Precision Industry:
It is one of the largest professional electronics manufacturing services in the world, specializing in the creation of electronic items. Computer systems and mobile phone assembly, optical communication components, consumer electronics, liquid crystal display equipment, semiconductor equipment, and so on are all covered by the manufacturing field.Jabil:
It is an electronic contract manufacturing service (EMS) provider that began as a printed circuit board contract manufacturer. The objective of the report is to present a comprehensive analysis of the Global Electronics Manufacturing Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Electronics Manufacturing Services Market dynamics, structure by analyzing the market segments and project the global Electronics Manufacturing Services market size. Clear representation of competitive analysis of key players By Service, price, financial position, product portfolio, growth strategies, and regional presence in the Global Electronics Manufacturing Services Market make the report investor’s guide.Global Electronics Manufacturing Services Market Scope: Inquire before buying
Global Electronics Manufacturing Services Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 550.2 Bn. Forecast Period 2022 to 2029 CAGR: 4.8% Market Size in 2029: US $ 800.6 Bn. Segments Covered: by Service • Electronics Manufacturing Services •Engineering Services •Test & Development Implementation •Logistics Services •Others by Application •Computer •Consumer Electronics • Aerospace & Defense • Medical & Healthcare Automotive •Others Electronics Manufacturing Services Market, by Region
• North America • Europe • Asia Pacific • Middle East & Africa • South AmericaElectronics Manufacturing Services Market Key Players are:
• Benchmark Electronics, Inc. • Celestica Inc. • Creation Technologies • ESCATEC • Flextronics International Ltd. • Foxconn • Integrated Microelectronics, Inc. • Jabil Circuit, Inc. • Key Tronic EMS • Kimball International • Plexus Corp. • Actia Group • Asteelflash • Venture Corporation • Sanmina Corporation • Other Key PlayersFrequently Asked questions
1. What is the market size of the Global Electronics Manufacturing Services Market in 2021? Ans. The market size Global Electronics Manufacturing Services Market in 2021 was US$ 550.2 Billion. 2. What are the different segments of the Global Electronics Manufacturing Services Market? Ans. The Global Electronics Manufacturing Services Market is divided into Application and Services. 3. What is the study period of this market? Ans. The Global Electronics Manufacturing Services Market will be studied from 2021 to 2029. 4. Which region is expected to hold the highest Global Electronics Manufacturing Services Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Electronics Manufacturing Services Market? Ans. The Forecast Period of the market is 2022-2029 in the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Electronics Manufacturing Services Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Electronics Manufacturing Services Market 3.4. Geographical Snapshot of the Electronics Manufacturing Services Market, By Manufacturer share 4. Global Electronics Manufacturing Services Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Electronics Manufacturing Services Market 5. Supply Side and Demand Side Indicators 6. Global Electronics Manufacturing Services Market Analysis and Forecast, 2021-2029 6.1. Global Electronics Manufacturing Services Market Size & Y-o-Y Growth Analysis. 7. Global Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 7.1.1. Electronics Manufacturing Services 7.1.2. Engineering Services 7.1.3. Test & Development Implementation 7.1.4. Logistics Services 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Computer 7.2.2. Consumer Electronics 7.2.3. Aerospace & Defense 7.2.4. Medical & Healthcare Automotive 7.2.5. Others 8. Global Electronics Manufacturing Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 9.1.1. Electronics Manufacturing Services 9.1.2. Engineering Services 9.1.3. Test & Development Implementation 9.1.4. Logistics Services 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Computer 9.2.2. Consumer Electronics 9.2.3. Aerospace & Defense 9.2.4. Medical & Healthcare Automotive 9.2.5. Others 10. North America Electronics Manufacturing Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Electronics Manufacturing Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Electronics Manufacturing Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Electronics Manufacturing Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Electronics Manufacturing Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Electronics Manufacturing Services Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Service, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Electronics Manufacturing Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Flextronics International Ltd. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Benchmark Electronics, Inc. 45.3.3. Celestica Inc. 45.3.4. Creation Technologies 45.3.5. ESCATEC 45.3.6. Foxconn 45.3.7. Integrated Microelectronics, Inc. 45.3.8. Jabil Circuit, Inc. 45.3.9. Key Tronic EMS 45.3.10. Kimball International 45.3.11. Plexus Corp. 45.3.12. Actia Group 45.3.13. Asteelflash 45.3.14. Venture Corporation 45.3.15. Sanmina Corporation 45.3.16. Other Key Players 46. Primary Key Insights