Quick Summary:
In an increasingly digitized global marketplace, staying ahead in the electronic contract manufacturing services industry is of paramount importance. The value of this industry is projected to exceed a whopping US$1.5 Trillion by 2030, providing enormous opportunities to those in-the-know. Leveraging the insightful analysis in our comprehensive market research report will help equip you with the invaluable knowledge needed to capitalize on these opportunities and stay abreast of shifting market dynamics.
This report provides an in-depth understanding of trends in the electronic manufacturing segment, showing impressive projections for a 5.1% CAGR in the next eight years. Faucet our analysis to craft your strategic growth plans and stand out in the U.S. and global markets. The market in China, a key player, is particularly valuable with an expected CAGR of 8.6% from 2022 to 2030. Also, gain exclusive insights into the competitive landscape with our detailed scrutiny of 207 featured competitors. Stay updated for one year with our complimentary updates and benefit from our online research platform and digital archives.
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
What is the estimated value of the Global Market for Electronic Contract Manufacturing Services?
What is the growth rate of the Global Market for Electronic Contract Manufacturing Services?
What is the forecasted size of the Global Market for Electronic Contract Manufacturing Services?
Who are the key companies in the Global Market for Electronic Contract Manufacturing Services?
| Report Attribute | Details |
|---|---|
| No. of Pages | 356 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 970.7 Billion |
| Forecasted Market Value ( USD | $ 1500 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Table of Contents
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
