The Electronic Contract Manufacturing Market was valued at USD 105.45 billion in 2020 and is expected to reach USD 178.74 billion by 2027, at a CAGR of 9.2% over the forecast period 2021 - 2027. Electronic Contract Manufacturing (ECM) refers to a variety of services that may include engineering design, PCB fabrication, subassembly manufacturing, turnkey or box builds, functional testing, distribution and order fulfilment on behalf of OEMs (Original Electronic Manufacturers). Electronic contract manufacturing may be utilized as either a supplement to or as a replacement of company-owned manufacturing operations.
Key Insights & Findings:
Communications and computer products are expected to be the leading segments driving the most significant growth in the electronics industry.
Advanced Circuits created "PCB Artist" to speed up the process and provide a free design solution to help customers find potential mistakes before moving on to prototyping or production. The company addresses the challenges designers face, such as designing new PCBs for new projects and lacking the right tools. Advanced Circuits wants to make it easy with PCB Artist, a high-tech free PCB design layout software. PCB Artist is very well received and does not cost users.
Electronic Contract Manufacturing market research report classify the Electronic Contract Manufacturing market based on service type, End user type, and region. This report Describes the Drivers, Restraints, impact of Covid-19 and opportunities for the growth of Electronic Contract Manufacturing market.
Major players in Electronic Contract Manufacturing market include Benchmark Electronics Inc., Celestica Inc., Compal Electronics Inc., Creating Technologies LP, Flextronics International Ltd., Hon Hai Precision Industry Co. Ltd., Jabil Circuit Inc., Plexus Corporation, Fabrinet, and Venture Corporation Limited.
By Service type
- Electronic Design & Engineering
- Electronics Assembly
- Electronic Manufacturing
- Others
By End User type
- Healthcare
- IT & Telecom
- Automotive
- Aerospace & Defense
- Consumer Electronics
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Contents
Companies Mentioned
- Benchmark Electronics Inc.
- Celestica Inc.
- Compal Electronics Inc.
- Creating Technologies LP
- Flextronics International Ltd.
- Hon Hai Precision Industry Co. Ltd.
- Jabil Circuit Inc.
- Plexus Corporation
- Fabrinet
- Venture Corporation Limited