About Electronics Contract Manufacturing
An Electronics Contract Manufacturing (ECM) may be a comprehensive term used for firms that design, manufacture, test, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs). The concept is also referred to as electronics manufacturing services (EMS). These services are mostly built in regions like China, Taiwan, among other regions, due to the low maintenance cost, quality, availability of materials, and speed. Cities like Shenzhen have become vital production centres for the industry, attracting many consumer electronics companies such as Apple Inc., among others.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States, German, Taiwan Manufacturers will contribute the maximum growth to Global Electronics Contract Manufacturing market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Foxconn (Taiwan), Flex Ltd. (Singapore), Jabil Inc. (United States), Videoton (Hungary), Advanced Semiconductor Engineering (Taiwan), Celestica Inc. (Canada), FIH Mobile (China), Plexus (United States), Sanmina Corp. (United States) and Benchmark Electronics (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are SIIX (Japan), Neways (Netherlands), Lacroix Electronics (France), BMK Group (Germany), Leesys (Germany), Fideltronik (Poland), Éolane (France), MTI Electronics Inc. (United States), Enics (Switzerland), Zollner Elektronik AG (Germany), All Circuits (France), Integrated Micro-Electronics (Philippines), Kitron (Norway), Kimball Electronics (United States), TQ-Group (Germany), Melecs (Austria), Elemaster (Italy) and Katek (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Electronics Contract Manufacturing market by Type (Electronic design & engineering, Electronics assembly and Electronic manufacturing), Application (Automotive, Industrial, Aerospace & defense, IT & telecommunications and Power & energy) and Region.
On the basis of geography, the market of Electronics Contract Manufacturing 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). If we see Market by Tier, the sub-segment i.e. Tier 1 will boost the Electronics Contract Manufacturing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Outsourcing Of Design And Engineering Services
Market Growth Drivers:
Innovation Offered By Contract Manufacturer, Increasing Demand In Consumer Electronics Sector, Proliferation Of Mobile Devices, Such As Tablets And Smartphones and Favorable Business Policies across the Globe
Challenges:
Frequent Changes in Trade Regulations
Restraints:
Increasing Risk Of Quality and Loss Of Intellectual Property
Opportunities:
Rising Demand For Low-Cost Services and Increasing Capacity Of Electronic Contract Manufacturer
Market Leaders and their expansionary development strategies
In December 2023, Benchmark Electronics partners with leading universities on research and development of advanced materials and manufacturing processes for next-generation electronics.
In December 2023, Benchmark Electronics unveils its "Industry 4.0" initiative, investing in automation and AI to improve efficiency and responsiveness.
Analyst View
Analyst have categorized Tier 1 as company with revenue >= USD 5Bil. , Tier 2 with revenue in range of USD 300 Mil. to USD 5Bil., Tier 3 as companies falling in revenue range of USD 50M to USD 300M and tier 4 companies with revenue less than USD 50M.
Key Target Audience
Electronics Contract Manufacturing (ECM) Services Providers, Original Equipment Manufacturers (OEMs), Electronics Manufacturers, Regulatory Bodies, Government Bodies and Industry Associations
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.