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Electronic Contract Manufacturing Services - Global Market Trajectory & Analytics

  • ID: 683023
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Altadox, Inc.
  • Celestica, Inc.
  • Compal Electronics, Inc.
  • Fabrinet
  • Flexcom Inc.
  • KeyTronicEMS
  • MORE
Global Electronic Contract Manufacturing Services Market to Reach $653.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Electronic Contract Manufacturing Services estimated at US$449.1 Billion in the year 2020, is projected to reach a revised size of US$653.8 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Telecommunications, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$211.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Computers & Peripherals segment is readjusted to a revised 3.2% CAGR for the next 7-year period.



The U.S. Market is Estimated at $121.5 Billion, While China is Forecast to Grow at 8.8% CAGR

The Electronic Contract Manufacturing Services market in the U.S. is estimated at US$121.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$140.7 Billion by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Consumer Electronics Segment to Record 3.6% CAGR

In the global Consumer Electronics segment, USA, Canada, Japan, China and Europe will drive the 3.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$56.4 Billion in the year 2020 will reach a projected size of US$70.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$87.2 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

Select Competitors (Total 307 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
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Altadox, Inc.
  • Celestica, Inc.
  • Compal Electronics, Inc.
  • Fabrinet
  • Flexcom Inc.
  • KeyTronicEMS
  • MORE
I. METHODOLOGY

II. 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
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Altadox, Inc. (China)
  • Benchmark Electronics, Inc. (USA)
  • Celestica, Inc. (Canada)
  • Compal Electronics, Inc. (Taiwan)
  • Delta Group Electronics, Inc. (USA)
  • Fabrinet (Thailand)
  • Flexcom Inc. (South Korea)
  • Flextronics International (Singapore)
  • Flextronics International (Singapore)
  • KeyTronicEMS (USA)
  • Kimball Electronics, Inc. (USA)
  • Kimball Electronics, Inc. (USA)
  • Sparton Corporation (USA)
  • TPV Technology Limited (Hong Kong)
  • TT Electronics plc (UK)
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

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 307
Note: Product cover images may vary from those shown

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
Note: Product cover images may vary from those shown
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