+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Electronic Contract Manufacturing Services: Global Strategic Business Report

  • PDF Icon

    Report

  • 356 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 683023

Global Electronic Contract Manufacturing Services Market to Reach $1.5 Trillion by 2030

The global market for Electronic Contract Manufacturing Services estimated at US$970.7 Billion in the year 2022, is projected to reach a revised size of US$1.5 Trillion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Electronic Manufacturing, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$613.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronics Assembly segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $264.5 Billion, While China is Forecast to Grow at 8.6% CAGR

The Electronic Contract Manufacturing Services market in the U.S. is estimated at US$264.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$316.1 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$198 Billion by the year 2030.

Select Competitors (Total 207 Featured) -

  • Altadox, Inc.
  • Benchmark Electronics, Inc.
  • Celestica, Inc.
  • Compal Electronics, Inc.
  • Delta Group Electronics, Inc.
  • Fabrinet
  • Flexcom Inc.
  • Hon Hai Precision Industry Co., Ltd.
  • KeyTronicEMS
  • Kimball Electronics, Inc.
  • Plexus Corp.
  • Sparton Corp.
  • TPV Technology Ltd.
  • TT Electronics plc

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Electronic Contract Manufacturing Services

What is the estimated value of the Global Market for Electronic Contract Manufacturing Services?

The Global Market for Electronic Contract Manufacturing Services was estimated to be valued at $970.7 Billion in 2022.

What is the growth rate of the Global Market for Electronic Contract Manufacturing Services?

The growth rate of the Global Market for Electronic Contract Manufacturing Services is 5.6%, with an estimated value of $1500 Billion by 2030.

What is the forecasted size of the Global Market for Electronic Contract Manufacturing Services?

The Global Market for Electronic Contract Manufacturing Services is estimated to be worth $1500 Billion by 2030.

Who are the key companies in the Global Market for Electronic Contract Manufacturing Services?

Key companies in the Global Market for Electronic Contract Manufacturing Services include Altadox, Inc., Benchmark Electronics, Inc., Celestica, Inc., Compal Electronics, Inc., Delta Group Electronics, Inc., Fabrinet, Flexcom Inc., Hon Hai Precision Industry Co., Ltd., KeyTronicEMS and Kimball Electronics, Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Recent Market Activity
  • Market in a Nutshell
  • An Overview of Global Electronic Contract Manufacturing Services Market
  • Logistics and Agility Gain Attention
  • Virtual Reality Makes its Way into Electronics Manufacturing
  • Automation and Robotics Gain Importance
  • Improving Economy Buoys General Market Optimism
  • EMS Market Snapshot
  • Key Growth Drivers & Market Opportunities in a Nutshell
  • Major Challenges Confronting the Market
  • Current & Future Analysis
  • Electronic Contract Manufacturing Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • EMS: A Challenging Market amid Wafer Thin Profit Margins
  • Growth Potential in Design Services Business
  • Transition from EMS to ODM Set to Gather Further Momentum
  • Globalization - Outsourcing Continues to Move to Offshore Locations
  • OEM Vendors Minimize EMS Footprint
  • Near Shoring of Manufacturing in Proximity to Target Markets Espouses Heightened Interest
  • EMS Providers Augment Services Portfolio
  • High-End Gaming PC Segment Counterbalances Erosion in Personal Computers Sales
  • The Constantly Evolving Electronic Manufacturing Services Industry
  • EMS: A Complex Business Model
  • Challenges Confronting EMS
  • Data-Driven Approach
  • Consumer Electronics (CE) Industry Experiencing Rapid Transformation
  • Rapid Rise in Demand for Consumer Electronics - Key Growth Driver for EMS
  • Consumer Electronics - Growth Shifting from Traditional Segments to Niche Segments
  • Electronic Contract Manufacturing and Mobile Devices
  • Media Tablets Drive EMS Market Growth
  • Increasing Activity Smartphones to Drive EMS Manufacturing
  • Opportunity Indicators
  • Prolific Growth in Wireless Internet Enabled Device Market Bodes Well for Market
  • Opportunities in Medical Device Manufacturing: Offer Alternative Avenues for Future Growth
  • Demand for Smart TVs on an Upward Trend
  • Soaring Popularity of Digital Television and Pay TV Model Provides Ample Growth Prospects
  • Entry of Software Firms and Online Retailers into Hardware Business Bodes Well for Contract Manufacturers
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Computers & Peripherals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Computers & Peripherals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Computers & Peripherals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Electronic Contract Manufacturing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Electronic Contract Manufacturing Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Electronic Contract Manufacturing Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Electronic Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Electronic Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Electronic Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Electronics Assembly by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Electronics Assembly by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Electronics Assembly by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Electronic Design & Engineering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Electronic Design & Engineering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Electronic Design & Engineering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Other Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Communication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Communication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Communication by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 33: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 34: World Electronic Contract Manufacturing Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Electronic Contract Manufacturing Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Altadox, Inc.
  • Benchmark Electronics, Inc.
  • Celestica, Inc.
  • Compal Electronics, Inc.
  • Delta Group Electronics, Inc.
  • Fabrinet
  • Flexcom Inc.
  • Hon Hai Precision Industry Co., Ltd.
  • KeyTronicEMS
  • Kimball Electronics, Inc.
  • Plexus Corp.
  • Sparton Corp.
  • TPV Technology Ltd.
  • TT Electronics plc