There were 1,010 press releases posted in the last 24 hours and 400,699 in the last 365 days.

Electronic Manufacturing Services Market to Surpass USD 859.93 Billion by 2030

Electronic Manufacturing Services Market

Electronic Manufacturing Services Market

Electronic Manufacturing Services Market Size, Share, And Segmentation By Service, By Industry, By Region, And Segment Forecasts 2023 โ€“ 2030

AUSTIN, TEXAS, UNITED STATES, January 12, 2024 /EINPresswire.com/ -- ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž & ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The Electronic Manufacturing Services Market, as per the SNS Insider report, achieved a valuation of USD 504.3 Billion in 2022 and is anticipated to reach USD 859.93 Billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period from 2023 to 2030.

Electronic Manufacturing Services (EMS) refer to the outsourcing of electronic components manufacturing to specialized third-party companies. EMS providers offer a range of services, including design, assembly, testing, and logistics, enabling original equipment manufacturers (OEMs) to focus on core competencies. This collaborative approach streamlines the production process, reduces time-to-market, and enhances efficiency. EMS providers play a pivotal role in various industries, including automotive, aerospace, healthcare, and consumer electronics.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ซ๐ž:

Sanmina Corporation, Vinatronic Inc., Inventec, Hon Hai Precision Industry Co. Ltd, Bharat FIH - A Foxconn Technology Group, SIIX Corporation, Benchmark Electronics Inc., Flex Ltd, Quanta Computers Inc., Osram Opto Semiconductors GmbH, Kimball Electronics Inc., Jabil Inc., Celestica Inc., Wistron Corporation, General Electric Company, Argus Systems, Plexus Corporation, Sparton Corporation, Koninklijke Philips N.V., Integrated Microelectronics.

๐†๐ž๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐Ÿ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ @ https://www.snsinsider.com/sample-request/2969

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The electronic manufacturing services market is witnessing robust growth, driven by several key factors. Firstly, the increasing complexity of electronic products, coupled with rapid technological advancements, prompts companies to leverage the expertise of EMS providers. Additionally, cost efficiency, scalability, and flexibility offered by outsourcing contribute to market expansion. The rising demand for miniaturized electronic devices, stringent regulatory requirements, and the need for strategic partnerships further fuel the growth of the EMS market. Additionally, the increasing focus on time-to-market has become a crucial factor driving the adoption of EMS. As companies aim to bring their products to market swiftly, partnering with EMS providers allows them to leverage established supply chains, operational efficiency, and quick turnaround times. This accelerated product development cycle provides a competitive advantage, particularly in industries characterized by rapid technological obsolescence and dynamic consumer preferences.

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐š๐ฌ ๐…๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:

๐๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž
- Electronics manufacturing services
- Engineering services
- Test & Development Implementation
- Logistics Services
- Others

๐๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
- Consumer Electronics
- Automotive
- Heavy Industrial Manufacturing
- Aerospace and Defense
- Healthcare
- IT and Telecom
- Other

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:
- North America
- Europe
- Asia-Pacific
- The Middle East & Africa
- Latin America

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ @ https://www.snsinsider.com/reports/electronic-manufacturing-services-market-2969

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‘๐ž๐œ๐ž๐ฌ๐ฌ๐ข๐จ๐ง

The impact of an ongoing recession on the electronic manufacturing services market can be twofold. On one hand, companies may explore cost-effective solutions, driving them towards outsourcing manufacturing processes to EMS providers for enhanced efficiency and reduced operational expenses. On the other hand, reduced consumer spending and economic uncertainties might lead to a temporary slowdown in the demand for electronic products, affecting the EMS market. However, the long-term resilience and adaptability of EMS providers can position them favorably to navigate economic downturns.

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‘๐ฎ๐ฌ๐ฌ๐ข๐š-๐”๐ค๐ซ๐š๐ข๐ง๐ž ๐–๐š๐ซ

The Russia-Ukraine war can have mixed implications for the electronic manufacturing services market. On the positive side, geopolitical uncertainties may drive companies to diversify their supply chains and reduce dependence on specific regions, potentially benefiting EMS providers in stable geopolitical zones. Conversely, disruptions in the supply chain, increased material costs, and global economic instability could pose challenges for the EMS market. The extent of impact will depend on the duration and severity of the conflict and subsequent geopolitical developments.

๐Š๐ž๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ

North American region is a key player in the electronic manufacturing services market, driven by technological innovation, high demand for advanced electronics, and a robust manufacturing ecosystem. European EMS market benefits from a strong focus on quality and compliance, with industries like automotive and healthcare driving growth. Boasting a vast consumer electronics market and manufacturing capabilities, Asia-Pacific leads the global EMS market, with China, Japan, and South Korea as key contributors. Increasing investments in manufacturing infrastructure and favorable business conditions contribute to the growth of the EMS market in the region.

๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ ๐Ÿ๐ซ๐จ๐ฆ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ

- The Electronics Manufacturing Services (EMS) segment is positioned as a frontrunner in the electronic manufacturing domain. With a comprehensive range of services encompassing design, production, testing, and distribution, EMS providers play a pivotal role in the electronics supply chain.

- The Consumer Electronics segment is experiencing a surge in dominance within the EMS market. As consumer preferences evolve and demand for cutting-edge electronic devices continues to rise, the significance of this segment becomes more pronounced.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐ญ๐จ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

- The global technology giant Intel has forged collaborative ties with leading Electronic Manufacturing Services (EMS) and Original Design Manufacturers (ODMs). This partnership aims to expedite and enhance the manufacturing processes of laptops within the country.

- In a notable financial development, Cape Electronic Manufacturing Services (EMS) has successfully raised a substantial amount of RM73.83 million. This financial infusion is poised to fuel the company's expansion plans and fortify its position in the competitive electronic manufacturing sector.

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ โ€“ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ

๐Ÿ. ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง
๐Ÿ. ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
๐Ÿ‘. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ
๐Ÿ’. ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐Ÿ“. ๐•๐š๐ฅ๐ฎ๐ž ๐‚๐ก๐š๐ข๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐Ÿ”. ๐๐จ๐ซ๐ญ๐ž๐ซโ€™๐ฌ ๐Ÿ“ ๐Ÿ๐จ๐ซ๐œ๐ž๐ฌ ๐ฆ๐จ๐๐ž๐ฅ
๐Ÿ•. ๐๐„๐’๐“ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐Ÿ–. ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง, ๐๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž

8.1 Electronics manufacturing services
8.2 Engineering services
8.3 Test & Development Implementation
8.4 Logistics Services
โ€ฆโ€ฆ.

๐Ÿ๐Ÿ. ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž
11.1 Sanmina Corporation
11.1.1 Market Overview
11.1.2 Financials
11.1.3 Product/Services/Offerings
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Vinatronic Inc.,
11.2.1 Market Overview
11.2.2 Financials
11.2.3 Product/Services/Offerings
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Inventec,
11.4.1 Market Overview
11.3.2 Financials
11.3.3 Product/Services/Offerings
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Hon Hai Precision Industry Co. Ltd
11.4.1 Market Overview
11.4.2 Financials
11.4.3 Product/Services/Offerings
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Bharat FIH - A Foxconn Technology Group,
11.5.1 Market Overview
11.5.2 Financials
11.5.3 Product/Services/Offerings
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Benchmark Electronics Inc.,
11.6.1 Market Overview
11.6.2 Financials
11.6.3 Product/Services/Offerings
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Flex Ltd,
11.7.1 Market Overview
11.7.2 Financials
11.7.3 Product/Services/Offerings
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Quanta Computers Inc.,
11.8.1 Market Overview
11.8.2 Financials
11.8.3 Product/Services/Offerings
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Osram Opto Semiconductors GmbH
11.9.1 Market Overview
11.9.2 Financials
11.9.3 Product/Services/Offerings
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Kimball Electronics Inc.,
11.10.1 Market Overview
11.10.2 Financials
11.10.3 Product/Services/Offerings
11.10.4 SWOT Analysis
11.10.5 The SNS View
๐Ÿ๐Ÿ. ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments

๐‚๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž๐โ€ฆ.

๐๐ฎ๐ฒ ๐’๐ข๐ง๐ ๐ฅ๐ž ๐”๐ฌ๐ž๐ซ ๐๐ƒ๐… @ https://www.snsinsider.com/checkout/2969

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Akash Anand โ€“ Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.

๐‘๐ž๐š๐ ๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ

Electronic Packaging Market

Active Electronic Components Market

Akash Anand
SNS Insider Pvt. Ltd
+1 415-230-0044
info@snsinsider.com
Visit us on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube