Electronics Manufacturing Services (EMS) Market Size | 2031

Segments - Global Electronic Manufacturing Services (EMS) Market by Services (Electronic Manufacturing, Electronics Assembly, Electronic Design & Engineering, Supply Chain Management, and Others), Applications (Automotive, Aerospace & Defence, Commercial Aviation, Computer, Communication, Consumer Electronics, Industrial, Medical & Healthcare, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Rucha Phatak

Report Description

The global electronic manufacturing services (EMS) market size was USD 509.22 Billion in 2022 and is likely to reach USD 920.55 Billion by 2031, expanding at a CAGR of 6.8% during 2023–2031. Electronics Manufacturing Services (EMS) refers to both specific type of company and the overall market. It is often used interchangeably with contract electronics manufacturing (CEM) or contract manufacturing services (CMS). EMS providers' services, designed specifically for OEMs, allow manufacturers to focus on their primary business, namely product research and development, as well as sales and marketing of their equipment.

Electronics manufacturing businesses offer a wide range of manufacturing and related services, including engineering, supply chain management, and product management assistance, and after-sales service. Companies that provide electronic manufacturing services (EMS) work with original equipment manufacturers (OEMs) or original design manufacturers (ODMs) to build electronic components or subassemblies.

Electronic Manufacturing Services Market Outlook

Electronics Manufacturing Services (EMS) Market Trends, Drivers, Restraints, and Opportunities

Increasing penetration of smartphones and smart gadgets driving the market.
Growing electrification in automobiles and growing trend toward electric vehicles drives the market.
Government-owned orbiting robotic surveillance systems, as well as developments in radar and optical imaging versions, are boosting the market.
The growing tendency of OEMs to outsource to improve efficiency is the primary factor driving the market.
High demand for automotive and communication electronics are the key factors driving the market.
The market growth is hampered by lack of qualified professionals who are familiar with IoT technology.
Smart technology is being implemented across the industrial spectrum, providing lucrative opportunities for electronics companies.

Scope of Electronic Manufacturing Services (EMS) Market Report

The report on the electronic manufacturing services (EMS) market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes	Details
Report Title	Global Electronic Manufacturing Services (EMS) Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2022
Historic Data	2016 & 2021
Forecast Period	2023–2031
Segmentation	Services (Electronic Manufacturing, Electronics Assembly, Electronic Design & Engineering, Supply Chain Management, and Others), Applications (Automotive, Aerospace & Defence, Commercial Aviation, Computer, Communication, Consumer Electronics, Industrial, Medical & Healthcare, and Others)
Regional Scope	Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
Report Coverage	Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
Key Players Covered in the Report	Vinatronic Inc.; Hon Hai Precision Industry Co. Ltd (Foxconn); Sanmina Corporation; Benchmark Electronics Inc.; Flex Ltd; SIIX Corporation; Jabil Inc.; Creation Technologies LP; Celestica Inc.; and Wistron Corporation.

Electronic Manufacturing Services (EMS) Market Segment Insights

Based on services, the electronic manufacturing services (EMS) market can be segmented as electronic manufacturing, electronics assembly, electronic design & engineering, supply chain management, and others. The electronic manufacturing segment is projected to hold significant market share. The electronic manufacturing services include the creation of radio frequency and wireless devices, optoelectronics services, and microelectronics devices for current smart home trends.

The rising adoption of smart home goods in developing nations, with China gaining the major share of the market is estimated to drive the market. Electronics manufacturing services market players are expanding their manufacturing facilities in order to embrace developing products to suit the market's rising demand for smart home services. Market leaders are integrating cloud computing, artificial intelligence (AI), 3D printing, and big data processing to improve their manufacturing and factories in order to produce mobile technologies for smart homes.

Electronic Manufacturing Services Market Services

On the basis of applications, the market is segregated into automotive, aerospace & defence, commercial aviation, computer, communication, consumer electronics, industrial, medical & healthcare, and others. The communication segment is anticipated to account for a substantial share. The expansion of communications electronic market is being driven by the rising usage of networking and wearable technologies, as well as better cell phone penetration. The market's digitalization necessitates employment of advanced electronics and abilities, as well as high-level networking.

Electronic Manufacturing Services Market Application

In terms of regions, the electronics manufacturing services (EMS) market can be categorized as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market. China is one of the world's major markets for EMS due to its substantial presence in consumer electronics, semiconductors, and other telecommunications products and machinery manufacturing industries.

The region's focus on enhancing telecommunications and navigation equipment is opening up opportunities for market suppliers. Government-owned orbiting robotic surveillance systems, as well as developments in radar and optical imaging versions, are propelling the market.

Segments

Services

Electronic manufacturing
Electronics assembly
Electronic design & engineering
Supply chain management
Others

Applications

Automotive
Aerospace & Defence
Commercial Aviation
Computer
Communication
Consumer Electronics
Industrial
Medical & Healthcare
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Vinatronic Inc.
Hon Hai Precision Industry Co. Ltd (Foxconn)
Sanmina Corporation
Benchmark Electronics Inc.
Flex Ltd
SIIX Corporation
Jabil Inc.
Creation Technologies LP
Celestica Inc.
Wistron Corporation

Competitive Landscape

Key players in the electronics manufacturing services (EMS) market include Vinatronic Inc.; Hon Hai Precision Industry Co. Ltd (Foxconn); Sanmina Corporation; Benchmark Electronics Inc.; Flex Ltd; SIIX Corporation; Jabil Inc.; Creation Technologies LP; Celestica Inc.; and Wistron Corporation. These players have widely engaged in several market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Electronic Manufacturing Services Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronics Manufacturing Services (EMS) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Electronics Manufacturing Services (EMS) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Electronics Manufacturing Services (EMS) Market - Supply Chain
  4.5. Global Electronics Manufacturing Services (EMS) Market Forecast
     4.5.1. Electronics Manufacturing Services (EMS) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Electronics Manufacturing Services (EMS) Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Electronics Manufacturing Services (EMS) Market Absolute $ Opportunity
5. Global Electronics Manufacturing Services (EMS) Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Applications
     5.3.1. Automotive Aerospace & Defence Commercial Aviation Computer Communication Consumer Electronics
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Electronics Manufacturing Services (EMS) Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Electronics Manufacturing Services (EMS) Demand Share Forecast, 2019-2026
7. North America Electronics Manufacturing Services (EMS) Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Applications
     7.4.1. Automotive Aerospace & Defence Commercial Aviation Computer Communication Consumer Electronics
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Electronics Manufacturing Services (EMS) Demand Share Forecast, 2019-2026
8. Latin America Electronics Manufacturing Services (EMS) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Applications
     8.4.1. Automotive Aerospace & Defence Commercial Aviation Computer Communication Consumer Electronics
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Electronics Manufacturing Services (EMS) Demand Share Forecast, 2019-2026
9. Europe Electronics Manufacturing Services (EMS) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Applications
     9.4.1. Automotive Aerospace & Defence Commercial Aviation Computer Communication Consumer Electronics
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Electronics Manufacturing Services (EMS) Demand Share Forecast, 2019-2026
10. Asia Pacific Electronics Manufacturing Services (EMS) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Applications
     10.4.1. Automotive Aerospace & Defence Commercial Aviation Computer Communication Consumer Electronics
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Electronics Manufacturing Services (EMS) Demand Share Forecast, 2019-2026
11. Middle East & Africa Electronics Manufacturing Services (EMS) Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Electronics Manufacturing Services (EMS) Market Size and Volume Forecast by Applications
     11.4.1. Automotive Aerospace & Defence Commercial Aviation Computer Communication Consumer Electronics
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Electronics Manufacturing Services (EMS) Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Electronics Manufacturing Services (EMS) Market: Market Share Analysis
  12.2. Electronics Manufacturing Services (EMS) Distributors and Customers
  12.3. Electronics Manufacturing Services (EMS) Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Vinatronic Inc.
     12.4.2. Hon Hai Precision Industry Co. Ltd (Foxconn)
     12.4.3. Sanmina Corporation
     12.4.4. Benchmark Electronics Inc.
     12.4.5. Flex Ltd
     12.4.6. SIIX Corporation
     12.4.7. Jabil Inc.