Adroit Market Research - Industry Insights
Global Electronic Manufacturing Services Market by Services (Design, Testing, Manufacturing & Production), By End-User Industry (Telecom & IT, Consumer Electronics, Industrial, Automotive, Aerospace & Defense), By Region and Forecast 2018 to 2025
May 2019
Total Pages: 80
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Previously in 2018, the global electronic manufacturing services market was valued at USD 489.71 Billion and estimated to project the significant hike over the forecast period. The major driving influencing the market growth include increasing demand for smart devices, propelling energy efficient electronics, a strategic partnership between OEMs and EMS providers. Moreover, technological advancement and use of electronic components in industries such as aerospace, medical devices, and telecommunications are efficiently driving the electronic manufacturing services market growth.
Electronic manufacturing services (EMS) are generally used for companies that provide a contribution in design, test, manufacture, and distribute. These services also include return/repair services for electronic components and assemblies for OEMs. Moreover, the market is majorly driven by demand from end-user industry specifically in telecom & IT, consumer electronics, industrial, automotive, aerospace & defense.
Leading players of the global electronic manufacturing services market include Creation Technologies, Flextronics International, Integrated Microelectronics, Inc., Jabil Circuit, Inc., Key Tronic EMS, Celestica, Kimball Electronics, Inc., Plexus Corp, ESCATEC, Sanmina Corporation, Sparton Corporation, Foxconn, Venture Corporation Limited. Additionally, well-established companies such as Foxconn, Wistron, Flex, and Benchmark Electronics are expanding their production facilities and investing in new countries to meet the growing supply-demand gap.
Key segments of the global electronic manufacturing services (EMS)
Services Overview, 2015-2025 (USD Billion)
- Design
- Testing
- Manufacturing & Production
- Others
End User Industry Overview, 2015-2025 (USD Billion)
- Telecom & IT
- Consumer electronics
- Industrial
- Automotive
- Aerospace & defense
- Others
Regional Overview, 2015-2025 (USD Billion)
- Americas
- U.S
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Italy
- Switzerland
- Netherlands
- Austria
- Sweden
- Rest of Europe
- Asia Pacific
- China
- Japan
- Taiwan
- South Korea
- India
- Thailand
- Malaysia
- Singapore
- Vietnam
- Rest of Asia Pacific
- Rest of the World
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global electronic manufacturing service market.
- We have been following the global electronic manufacturing service market. Consumer electronic and smart devices are the major products due to which demand for EMS is increasing.
- Gives an in-depth analysis about the investments and new technologies coming in the EMS market.
- What does the report include?
- The study on the global electronic manufacturing services market includes qualitative factors such as drivers, restraints, and opportunities.
- The study covers the qualitative and quantitative analysis of the market segmented on the basis of services, end-user industry, and region. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
This study is suitable for industry participants and stakeholders in the electronic Industry, who want an in-depth insight into the electronic manufacturing market. The report will benefit:
- Venture capitalist looking into investing capital
- Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions in the field of electronic manufacturing services
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
Analyzing the potential insights from a few EMS-based companies, smart medical technology is considered as a promising market in the DACH Deutsch (German), Österreich (Austria), and CH - Schweiz (Switzerland) region. With the help of smart applications, patients can monitor their health status on mobile.
Thailand holds efficient economic stability, competitive investment incentives, and comparatively well-developed infrastructure which have attracted a steady flow of manufacturing sector. Furthermore, Vietnam holds the advantage of being geographically close to China as it holds the wages half of that China. However, Vietnam needs to bring improvements in several sectors of public life to keep economic development strong, especially within job skills improvement and education. Moreover, manufacturing in India has witnessed an exponential rate as it is considered as one of the highest growth sectors within the country. Several luxuries, automobiles brands, mobile phone, have established their manufacturing bases in the country. India’s manufacturing industry is still escalating steadily but training will need improvement to ensure that better fulfillment in the future.
Based on services, the global electronic manufacturing services market is categorized into the design, testing, and manufacturing & production. Furthermore, based on the end user industry the global electronic manufacturing services market is fragmented into telecom & IT, consumer electronics, industrial, automotive, aerospace & defense.
In 2018, Telecom & IT section contributed 39.5% of the total market share and estimated to project the fastest growing CAGR over the forecast period. The major driving factors influencing the growth of global electronic manufacturing services market includes the growing demand of networking devices, servers, moderns, notebooks, computers, routers, set-top box, printers, and 5G infrastructure. The technological advancements in telecom and shift in the IT sector are expected to further witness a significant market growth in the coming years.
The global electronic manufacturing services market is wide range to Americas (U.S., Canada, and Mexico), Europe (Germany, United Kingdom, Switzerland, France, Netherlands, Italy, Austria, Sweden, and Rest of Europe), Asia Pacific (China, Taiwan, Japan, South Korea, Thailand, Malaysia, Singapore, Vietnam, India, and Rest of Asia Pacific), and Rest of the World
.png "Global Electronic Manufacturing Services Market, (USD Billion)")
Furthermore, in 2018, Asia Pacific dominated the market by contributing 65.5% of the overall EMS market share and is anticipated to maintain its dominance over the forecast period. As a result, the highly populated countries such as China and India are majorly driving the demand for electronic devices in various end industries such as telecommunication, consumer electronics, healthcare, IT, aerospace, defense and automotive. Additionally, the companies such as Foxconn, Wistron, Flex and Jabil are expanding their presence in developing countries including India, Indonesia, Thailand and Vietnam. For Instance, In February 2019, Foxconn and Wistron planned to invest INR 7500 Cr in India over next five years.
Previously in 2018, the global electronic manufacturing services market was valued at USD 489.71 Billion and estimated to project the significant hike over the forecast period. The major driving influencing the market growth include increasing demand for smart devices, propelling energy efficient electronics, a strategic partnership between OEMs and EMS providers. Moreover, technological advancement and use of electronic components in industries such as aerospace, medical devices, and telecommunications are efficiently driving the electronic manufacturing services market growth.
Electronic manufacturing services (EMS) are generally used for companies that provide a contribution in design, test, manufacture, and distribute. These services also include return/repair services for electronic components and assemblies for OEMs. Moreover, the market is majorly driven by demand from end-user industry specifically in telecom & IT, consumer electronics, industrial, automotive, aerospace & defense.
Leading players of the global electronic manufacturing services market include Creation Technologies, Flextronics International, Integrated Microelectronics, Inc., Jabil Circuit, Inc., Key Tronic EMS, Celestica, Kimball Electronics, Inc., Plexus Corp, ESCATEC, Sanmina Corporation, Sparton Corporation, Foxconn, Venture Corporation Limited. Additionally, well-established companies such as Foxconn, Wistron, Flex, and Benchmark Electronics are expanding their production facilities and investing in new countries to meet the growing supply-demand gap.
Key segments of the global electronic manufacturing services (EMS)
Services Overview, 2015-2025 (USD Billion)
- Design
- Testing
- Manufacturing & Production
- Others
End User Industry Overview, 2015-2025 (USD Billion)
- Telecom & IT
- Consumer electronics
- Industrial
- Automotive
- Aerospace & defense
- Others
Regional Overview, 2015-2025 (USD Billion)
- Americas
- U.S
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Italy
- Switzerland
- Netherlands
- Austria
- Sweden
- Rest of Europe
- Asia Pacific
- China
- Japan
- Taiwan
- South Korea
- India
- Thailand
- Malaysia
- Singapore
- Vietnam
- Rest of Asia Pacific
- Rest of the World
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global electronic manufacturing service market.
- We have been following the global electronic manufacturing service market. Consumer electronic and smart devices are the major products due to which demand for EMS is increasing.
- Gives an in-depth analysis about the investments and new technologies coming in the EMS market.
- What does the report include?
- The study on the global electronic manufacturing services market includes qualitative factors such as drivers, restraints, and opportunities.
- The study covers the qualitative and quantitative analysis of the market segmented on the basis of services, end-user industry, and region. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
This study is suitable for industry participants and stakeholders in the electronic Industry, who want an in-depth insight into the electronic manufacturing market. The report will benefit:
- Venture capitalist looking into investing capital
- Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions in the field of electronic manufacturing services
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
Chapter 1 Executive Summary
Chapter 2 Research Methodology
2.1 Research Approach
2.2 Market Size Estimation Methodology
2.2.1 Top-down approach
2.2.2 Bottom-up Approach
2.2.3 Delphi Estimation
2.3 Forecasting
2.4 Scope, definition, and assumptions
2.5 Assumptions
2.6 List of Data Sources
2.6.1 Primary Sources
2.6.2 Secondary Sources
Chapter 3 Market Outlook
3.1 Introduction
3.1.1 HVLM
3.1.2 HMLV
3.2 Key trends
3.2.1 Market drivers
3.2.1.1 Increasing demand for smart devices
3.2.1.2 Push for energy efficient electronics
3.2.1.3 Strategic partnership and new services
3.2.1.4 Technological advancement and smart factory
3.2.2 Market challenges and restraints
3.2.2.1 Shrinking operating margins and sustainability
3.2.2.2 Complex global supply chain
3.2.2.3 Shortened product lifecycles
3.2.2.4 Uncertain demand
3.2.2.5 Lack of skilled labor
3.2.3 Market opportunities
3.2.3.1 Growing Use of electronic components in medical devices
3.2.3.2 Location and Labor Cost
3.2.3.3 Countries where next manufacturing hub will be located
? Thailand
? Vietnam
? Indonesia
? India
3.3 Value chain analysis
3.4 Porter’s five forces analysis
3.4.1 Bargaining power of supplier
3.4.2 Bargaining power of buyers
3.4.3 Threat of new entrants
3.4.4 Threat of substitutes
3.4.5 Industry rivalry
Chapter 4 Electronic Manufacturing Services Market Overview, By Services
4.1 Global electronic manufacturing services market share, by services, 2018 & 2025 (USD Billion)
4.1.1 Design Services
4.1.2 Testing Services
4.1.3 Manufacturing & Production Services
4.1.3.1 Manufacturing:
4.1.3.2 Microelectronics:
4.1.3.3 Production
4.1.4 Other Services
Chapter 5 Electronic Manufacturing Services Market Overview, By End User Industry
5.1 Global electronic manufacturing services market share, by end user industry, 2018 & 2025 (USD Billion)
5.1.1 Telecom & IT
5.1.2 Consumer Electronics
5.1.3 Industrial
5.1.4 Automotive
5.1.5 Aerospace and Defense
5.1.6 Other End Industry
Chapter 6 Global Electronic Manufacturing Services Market Overview, By Region
6.1 Global electronic manufacturing services market share, by region, 2018 & 2025
6.2 Americas
6.2.1 Key Trends
6.2.2 Country Level Analysis
6.2.2.1 U.S.
6.2.2.2 Canada
6.2.2.3 Mexico
6.3 Europe
6.3.1 Key Trends
6.3.2 Country Level Analysis
6.3.2.1 United Kingdom
6.3.2.2 Germany
6.3.2.3 France
6.3.2.4 Italy
6.3.2.5 Switzerland
6.3.2.6 Netherlands
6.3.2.7 Austria
6.3.2.8 Sweden
6.3.3 Rest of Europe
6.4 Asia Pacific
6.4.1 Key Trends
6.4.2 Country Level Analysis
6.4.2.1 China
6.4.2.2 Japan
6.4.2.3 Taiwan
6.4.2.4 South Korea
6.4.2.5 India
6.4.2.6 Thailand
6.4.2.7 Malaysia
6.4.2.8 Singapore
6.4.2.9 Vietnam
6.4.2.10 Rest of Asia Pacific
6.5 Rest of the World
Chapter 7 Company Profiles
7.1 Benchmark Electronics, Inc.
7.1.1 Company Overview
7.1.2 Services Offered
7.1.3 Financial performance
7.1.4 Recent initiatives
7.2 Celestica
7.2.1 Company Overview
7.2.2 Services Offered
7.2.3 Financial performance
7.2.4 Recent initiatives
7.3 Creation Technologies
7.3.1 Company Overview
7.3.2 Services Offered
7.3.3 Recent initiatives
7.4 ESCATEC
7.4.1 Company Overview
7.4.2 Services Offered
7.4.3 Financial performance
7.4.4 Recent initiatives
7.5 Flextronics International
7.5.1 Company Overview
7.5.2 Services Offered
7.5.3 Financial performance
7.5.4 Recent initiatives
7.6 Foxconn
7.6.1 Company Overview
7.6.2 Services Offered
7.6.3 Financial performance
7.6.4 Recent initiatives
7.7 Integrated Microelectronics, Inc.
7.7.1 Company Overview
7.7.2 Services Offered
7.7.3 Financial performance
7.7.4 Recent initiatives
7.8 Jabil Circuit, Inc.
7.8.1 Company Overview
7.8.2 Services Offered
7.8.3 Financial performance
7.8.4 Recent initiatives
7.9 Key Tronic EMS
7.9.1 Company Overview
7.9.2 Services Offered
7.9.3 Financial performance
7.9.4 Recent initiatives
7.10 Kimball Electronics, Inc.
7.10.1 Company Overview
7.10.2 Services Offered
7.10.3 Financial performance
7.10.4 Recent initiatives
7.11 Plexus Corp.
7.11.1 Company Overview
7.11.2 Services Offered
7.11.3 Financial performance
7.11.4 Recent initiatives
7.12 Sanmina Corporation
7.12.1 Company Overview
7.12.2 Services Offered
7.12.3 Financial performance
7.12.4 Recent initiatives
7.13 Sparton Corporation
7.13.1 Company Overview
7.13.2 Services Offered
7.13.3 Financial performance
7.13.4 Recent initiatives
7.14 Venture Corporation Limited
7.14.1 Company Overview
7.14.2 Services Offered