The global electronic manufacturing services (EMS) market is expected to register a robust CAGR during the forecast period, between 2021 and 2028. 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.
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 |
2020 |
Historic Data |
2018 & 2019 |
Forecast Period |
2021–2028 |
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. |
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.
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.
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.
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.
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.
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