About EMS and ODM
Electronics manufacturing services (EMS) encompass the design, manufacture, assembly, and distribution of printed circuit boards (PCBs) and electronic test components for original equipment manufacturers (OEMs). EMS vendors provide various manufacturing services, including assembly, design, and testing. The majority of EMS vendors conduct testing of their designs by consulting experts, interviewing product users, and analyzing existing products. On the other hand, an original design manufacturer (ODM) produces or designs products based on existing designs and specifications acquired from end-users. The penetration of EMS providers is increasing due to the rising costs of electronic devices and related products. The growth of the ODM and EMS market is significantly driven by the rapidly expanding semiconductor industry and the substantial increase in consumer electronics products and computers.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
EMS and ODM is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global EMS and ODM market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sanmina Corporation (United States), Bharat FIH Pvt Ltd (India), Flextronics Technologies (United States), Dixon Technologies India Ltd (India), Xavi Technologies (Taiwan), Jabil Inc. (United States), New Kinpo Group (Taiwan), Pegatron Corporation (Taiwan), Shenzhen Kaifa Technology Co., Ltd. (China), UMC Security Co., Ltd. (United States), Universal Scientific Industrial (Shanghai) Co., Ltd. (China), Ikotek (United States) and Foxconn Technology (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Venture Corporation Limited (Singapore), Wistron NeWeb Corporation (Taiwan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global EMS and ODM market by Type (Security Manufacturing Services (EMS) and Original Design Manufacturer (ODM)), Application (Security, IoT, Smart Devices, HVAC and Others) and Region.
On the basis of geography, the market of EMS and ODM has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
EMS and ODM providers must continually invest in research and development to stay at the forefront of technology. and Growing focus on sustainability.
Market Growth Drivers:
The rapidly expanding semiconductor industry in ODM and EMS. and The increasing complexity and rapid pace of innovation in electronics.
Challenges:
Logistics insufficiencies and infrastructural bottlenecks, resulting in greater turnaround time and costs., Shortage of skilled manpower. and Limited support from the government.
Restraints:
Intense competition among EMS and ODM providers, leading to pricing pressure and margin constraints. and Intellectual property protection concerns when outsourcing product design and manufacturing.
Opportunities:
Expansion into emerging markets with a growing demand for electronic products. and Integration of advanced technologies.
Market Leaders and their expansionary development strategies
In April 2023, Foxconn Technology Co. Ltd. announced that it is investing USD 10billions in a new EMS manufacturing plant in Mexico.
In September 2022, Ikotek, the leading IoT original design manufacturer (ODM) and electronic manufacturing services (EMS) provider, is announced expansion of its executive management team with industry veterans and continue their aggressive growth plans for the company.
Key Target Audience
EMS and ODM Providers, Investors, Research and Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.