The global electronic manufacturing services (EMS) market was valued at USD 476.88 billion in 2021. The market is projected to grow from USD 504.22 billion in 2022 to USD 797.94 billion by 2029, exhibiting a CAGR of 6.8% during the forecast period.
The global electronic manufacturing services (EMS) market was valued at USD 476.88 billion in 2021. The market is projected to grow from USD 504.22 billion in 2022 to USD 797.94 billion by 2029, exhibiting a CAGR of 6.8% during the forecast period.
Report 2022-2029, has been prepared based on an in-depth market analysis with inputs from industry experts. TheElectronic Manufacturing Services Marketstudy sheds light on the important growth dynamics expected to prevail across the assessment period 2022-2029. It offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
Report Details:
| ATTRIBUTE | DETAILS |
| Market Size Value in 2021 | USD 476.88 billion |
| Growth Rate | CAGR of6.8% from 2021-2029 |
| Revenue forecast in 2029 | USD 797.94 billion |
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The report covers an extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
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.
Drivers
DRIVING FACTORSImprovement of Greener Electronic Devices in Brightening Market ProspectsThe emergence of green electronic devices is driving the electronics manufacturing services market growth. These devices are manufactured with recyclable parts, non-toxic chemicals, and reduced carbon emissions during production. It helps reduce carbon footprints, lower energy consumption, and improve process control.The growing concerns about the rising e-waste across the globe have led to the innovation of greener electronic products. According to the Global E-waste Monitor 2020, a report published in collaboration with the UN Environment Program (UNEP), in 2019, around 53.6 million metric tons of e-waste were produced. Raw materials contained in that e-waste were valued at USD 57 billion.
Market Segmentation:
By Service
- Electronics Manufacturing Services
- Engineering Services
- Test and Development Implementation
- Logistics Services
- Others
By Industry
- Consumer Electronics
- Automotive
- Heavy Industrial Manufacturing
- Aerospace and Defense
- Healthcare
- IT and Telecom
- Others
By Region
Key Industry Development:
November 2020 Samsung announced the launch of its new Smart Monitor that functions as a do-it-all screen. The company reports that the device is equipped with mobile and PC connectivity and entertainment Smart Hub features.
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What’s Included in the Report
- Global Electronic Manufacturing Services Market in Military and Aerospace Market size and growth projections, 2020- 2029
- Electronic Manufacturing Services Market in Military and Aerospace Market size, share, and growth projections across regions and countries, 2022- 2029
- Electronic Manufacturing Services Market in Military and Aerospace market size and CAGR of key products, applications, and end-user verticals, 2022- 2029
- Short and long term Electronic Manufacturing Services Market in Military and Aerospace Market trends, drivers, restraints, and opportunities
- Porter’s Five forces analysis
- Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
- Latest market news and developments
The report provides a detailed scenario of the impact of the Covid-19 pandemic on the compound Electronic Manufacturing Services Market globally. The outbreak of COVID-19 has had a negative impact on the growth of the global compound Electronic Manufacturing Services Market, owing to the prevalence of lockdowns in numerous countries across the globe. Lockdowns led to the closure of various electronics manufacturing hubs across the globe, adversely affecting the supply chain of Electronic Manufacturing Services Market. This created a shortage of materials, components, and finished goods. However, the market is expected to recoup soon.
The report offers detailed segmentation of the global compound Electronic Manufacturing Services Market based on type, deposition technology, product, application, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest growing and largest revenue-generating segments to accomplish growth in the future.
Based on product, the power segment generated the highest market share in 2020, garnering more than one-fourth of the global market. The transistor segment, on the other hand, would cite the fastest CAGR during the forecast period.
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 parameters of value 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.
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Table of Contents
Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Electronic Manufacturing Services Market Opportunities
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
Electronic Manufacturing Services Market Technology 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
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Press Release Distributed by The Express Wire
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