Electronic Manufacturing Services Market Size Is Expected To Reach USD 797.94 billion

Posted on Jun 24 2022 8:41 AM

"Sanmina Corporation, Hon Hai Precision Industry Co. Ltd, Benchmark Electronics Inc., Flex Ltd, Jabil Inc., Celestica Inc., Wistron Corporation, Plexus Corporation, Fabrinet, COMPAL Inc., "

The global market for electronic manufacturing services (EMS) is expected to emerge during the forecast period due to increasing awareness of e-waste recycling. Fortune Business Insights™ publishes this information in a report titled, "Electronic Manufacturing Services (EMS) Market, 2022-2029". As per the report, the electronic manufacturing services (EMS) market size was USD 476.88 billion in 2021. The market size is expected to rise from USD 504.22 billion in 2022 to USD 797.94 billion by 2029 at a CAGR of 6.8% during the forecast period.

Electronic manufacturing services (EMS) are majorly utilized in various sectors such as healthcare, automotive, and industrial applications. These services provide several functionalities such as testing, sub-assembly manufacturing, designing printed circuit boards, and component assembly & re-engineering. The increasing development of green electronic devices is expected to drive the market during the forecast period. 

Report Details:

ATTRIBUTE DETAILS
Market Size Value in 2021 USD 476.88 billion
Growth Rate CAGR of 6.8 from 2022-2029
The revenue forecast in 2029 USD 797.94 billion

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Drivers & Restraints:

Rising Demand for Electronic Vehicles to Propel Growth

The market is expected to witness significant growth during the forecast period, owing to the rising demand for recyclable energy. The increasing demand for electronic vehicles is expected to boost the market during the projected period. Also, the development of greener electronic devices is expected to bolster market development and improve market share globally. These factors are likely to ensure the electronic manufacturing services (EMS) market growth in the coming years.    

However, violation and intellectual property rights may hamper the market growth.  

Segments:

Consumer Electronics Dominates Market To Acquire Global Reach

By service, the market is segregated into electronics manufacturing services, engineering services, test & development implementation, logistics services, and others.

Based on industry, the market is segmented into consumer electronics, automotive, heavy industrial manufacturing, aerospace & defense, healthcare, IT & telecom, and others.   

By region, the market is categorized into North America, South America, Europe, Asia Pacific, and the Middle East & Africa.       

LIST OF KEY COMPANIES PROFILED:

  • Sanmina Corporation
  • Hon Hai Precision Industry Co. Ltd
  • Benchmark Electronics Inc.
  • Flex Ltd
  • Jabil Inc.
  • Celestica Inc.
  • Wistron Corporation
  • Plexus Corporation
  • Fabrinet
  • COMPAL Inc.

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Product Overview

Management of Electronic Manufacturing Services Market deals with the creation of benefits for the past buying and provides incentives for future buying. The Rewards program provides the customer with strong value, with better customer penetration, cross-sales, and Market. A Market system comprises operational parameters that include; financing options, program design, and transaction types. It also incorporates different value parameters such as redemption thresholds, reimbursement options, and earnings rates. Many organizations concentrate their activities on spending on Market programs. This allows the promotion of brands and continues to attract a new audience. It helps collect more information and insights to develop a more sophisticated customer profile. For the reason of its influence on the brand value and the capability of Electronic Manufacturing Services Market programs to sustain and attract potential customers, Market management is a key part of the seller strategy.

An in-depth qualitative and quantitative research of the global Electronic Manufacturing Services Market has been undertaken in this report. The study reckons various important aspects of the market by focusing on the historical and forecast data. Information pertaining to SWOT analysis as well as Porter's five force model analysis has been encompassed in the report.

Influencing Factors:

  • Market Environment: Government Policies, Technological Changes, Market Risks.
  • Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.

Key Questions Answered in This Report:

How does our product and services portfolio compare to leading competitors?

What are the key developments in customer demand given the changing economy?

What are the new pricing and consumption models in the marketplace and how should we align our portfolio?

What are the key decision drivers for service buyers?

How can we accelerate our bidding process?

What is the potential of the Electronic Manufacturing Services Market?

What is the impact of COVID-19 on the global Electronic Manufacturing Services Market?

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Electronic Manufacturing Services Market Forecast:

  • Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
  • Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.

Table of Content:

Key Points from TOC:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers and Acquisitions
5. Global Electronic Manufacturing Services Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
……………
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
12. Company Profiles
12.1 Overview
12.2 Products and Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
13. Strategic Recommendations

TOC Continued...!

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