About Electronics manufacturing services
The electronic manufacturing services market is growing rapidly owing to the rising demand for consumer electronics and other electronic components from the end-use industries including computer, consumer electronics, aerospace & defense, medical & healthcare, automotive, others. Moreover, increasing government initiatives towards infrastructure and technical development in the manufacturing industry expected to fuel market growth during the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.1% |
The electronics manufacturing services market is highly competitive. The market players within the global electronics manufacturing services have become immensely focused on maintaining a regular inflow of revenues. The leading vendors in the electronics manufacturing services market are expected to acquire smaller or defunct players in the years to come to expand their business presence. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Electronics manufacturing services 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.
Advanced Semiconductor Engineering Inc. (Taiwan), Benchmark Electronics, Inc. (United States), Celestica, Inc. (Canada), Compal Electronics, Inc. (Taiwan), Delta Group Electronics, Inc. (United States), Fabrinet (Thiland), Flextronics International, LTD. (Singapore), Hon Hai Precision Industry Co., Ltd. (Taiwan), Integrated Microelectronics (Philippines), Jabil (United States), KeyTronicEMS (United States), Kimball Electronics, Inc. (United States) and Plexus Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sanmina (United States), SIIX Corporation (Japan), Sparton Corporation (United States), TPV Technology Limited (Hong Kong) and TT Electronics plc (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Electronics manufacturing services market by Type (Electronic Manufacturing, Engineering Services, Test & Development Implementation, Logistics Services and Others), Application (Computer, Consumer Electronics, Aerospace & Defense, Medical & Healthcare, Automotive and Others) and Region.
On the basis of geography, the market of Electronics manufacturing services 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:
Technological Advancements in the Product Manufacturing Process and Rising Demand for Test & Development Implementation Services
Market Growth Drivers:
Increasing Demand of Consumer Devices and Growing Demand across Numerous Industry Verticals
Challenges:
Limited Supply of Components and Raw Materials
Restraints:
Concerns Regarding Environmental Hazards and Fluctuating Raw Material Prizes
Opportunities:
Rising Demand in Medical & Healthcare Applications and Increasing Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In November 2023, Flex Partner with Cisco presented the distinguished award at its annual Supplier Appreciation Event (SAE), which celebrates the accomplishments and contributions of its supply chain partners. Flex was recognized for demonstrating exceptional business performance, responsiveness, and collaboration on key supply chain initiatives.
In October 2022, The Global “Electronics Manufacturing Services Market” Research Report 2023-2030 provides a thorough analysis of the competitive landscape of Top Manufacturers [Venture, Benchmark Electronics, SIIX, Kinpo, Zollner Elektronik, Plexus, Kaifa], as well as development drivers and restraints.
Key Target Audience
Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry 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.