Electronics Contract Manufacturing Services Market by Process (Electronics Design & Engineering, Electronics Assembly & Manufacturing, Test Engineering, and Others) and by Application (Consumer Electronics, Automotive, Aerospace & Defense, Medical & Healthcare, Telecommunications, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018–2025

Global electronics contract manufacturing services market expected to reach approximately USD 32.05 billion by 2025, at a CAGR of slightly above 8% between 2019 and 2025. Electronic contract manufacturing services is a model where an original equipment manufacturer (OEM) hires a company that looks for the core manufacturing facilities on behalf of the hiring firm.

28-Mar-2019 | Number of pages: 132 | Report Code: ZMR-3964 | Report Format : | Status : Published

Analysis

Electronics contract manufacturing services are referred to as the outsourcing of manufacturing facilities to the EMS providers. EMS providers are companies that manufacture electronic products or devices on a contractual basis for OEMs (Original Equipment Manufacturers). In contract manufacturing, OEMs approach EMS companies with design and specification of different electronic products that need to be manufactured and EMS providers quote the required labor cost, material, tooling, and other services for the hiring firm.

The constantly evolving electronics industry is gathering the required momentum for contract manufacturing business across the world. There are numerous factors anticipated to drive the electronics contract manufacturing services market. These include the increasing demand for various consumer electronic products including high-end gaming PCs, home appliances, and computer hardware. Contract manufacturing companies do not limit their contracts to manufacture goods for a single hirer or OEM only. They offer their services to multiple OEMs, which helps them in procuring raw materials and other resources in large quantities at lower prices, thereby increasing the scope of profit for the EMS provider. The electronics contract manufacturing services are also paving their way in the non-technical verticals, such as healthcare, telecommunications, aerospace, and defense, which is projected to drive the global electronics contract manufacturing services market in the future. For instance, in 2017, Pegatron, a leading Taiwan-based EMS provider, was tapped by Tesla Motors to manufacture control computers for Tesla’s Model 3 electric vehicle in-dash infotainment system. However, as the lack of control over production and quality concerns related to the manufactured products may hamper the global electronics contract manufacturing services market in the future. Contract manufacturing helps OEMs in unraveling new growth opportunities for market growth.

Global Electronics Contract Manufacturing Services Market

The global electronics contract manufacturing services market is segmented on the basis of process and application. The process segment is divided into electronics design and engineering, electronics assembly and manufacturing, test engineering, and others (supply chain management services and rework services). The electronics design and engineering segment is anticipated to hold a significant market share in the future. The application segment is segmented into consumer electronics, automotive, aerospace and defense, medical and healthcare, telecommunications, and others. The telecommunications industry is anticipated to hold a substantial market share over the forecast time period.

By region, Asia Pacific is likely to register a notable growth in the global electronics contract manufacturing services market in the future, owing to the high adoption of electronics contract manufacturing services model by major countries, such as China, South Korea, India, Taiwan, and Japan. Taiwan is projected to hold a significant share of this regional market.

Some key participants operating in the global electronics contract manufacturing services market are Foxconn, Flex Ltd., Asteelflash, Pegatron, Celestica, Inc., Kimball International, Venture Corporation, Benchmark Electronics, Actia Group, Zollner Elektronik, Key Tronic EMS, Sanmina Corporation, and Jabil.


Related Reports

Wireless Headphones Market - By Feature (Smart and Non-Smart), Type (In-Ear, On-Ear, and Over-Ear), By End Use (Fitness & Sports, Entertainment, and Gaming), Price Range (Low, Moderate, and Premium), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jul-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5354 | Report Format:

The global Wireless Headphones market, which is likely to amass revenue worth nearly 42.10 (USD Billion) by 2026, will register a CAGR of nearly 21% during the period from 2020 to 2026. The report offers assessment and analysis of the Wireless Headphones market on a global and regional level. The ...Read More

Quantum Dots (QD) Market - By Type (II-VI-Semiconductors, III-V-Semiconductors, and Silicon), By Application (Medicine, Optoelectronics & Optical Components, Alternative Energy, Agriculture, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5353 | Report Format:

The global Quantum Dots (QD) market accrued earnings worth 865 (USD Million) in 2019 and is set to record a CAGR of about 62.4% over the period from 2020 to 2026. The report offers assessment and analysis of the Quantum Dots (QD) market on a global and regional level. The study offers a comprehens...Read More

Coin Operated Laundry Machines Market - by Type (Coin Operated Washers, Coin Operated Dryers), by Application (Hotel, Laundry Home, Hospital, School Apartments, Others), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5352 | Report Format:

This report analyzes and estimates the Coin Operated Laundry Machines market at global, regional, and country level. Assessment of the global coin operated machines analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level fro...Read More

Passive Optical Network Market, by Structure (GPON, EPON, WDM-PON), by Component (ONT, OLT), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019– 2026

Mar-2020 | Price : $ 4199.00 | Pages: 144 | Report Code: ZMR-5343 | Report Format:

This report analyzes and estimates the passive optical network market at global, regional, and country level. Assessment of the global passive optical network analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2019...Read More

Metal Fabrication Equipment Market, by Equipment Type (Machining, Cutting, Forming, Welding, and Others), by Application (Residential, Commercial, and Industrial), by End-User (Oil & Gas, Automotive & Aviation, Power Plants, Chemicals & Mining, Construction, and Others) by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Mar-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5342 | Report Format:

This report analyzes and estimates the metal fabrication equipment market at global, regional, and country level. Assessment of the global doctor blade analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2020 to 202...Read More

Request Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.