Global Electronic Contract Manufacturing and Design Services Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.25 % from 2018 to 2025. In 2017, the global market valuation was USD 350.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Growing functionalities such as the installation of components, engineering, and design of circuit boards, production of subassemblies, and vulnerability scanning provided by contract suppliers are anticipated to drive the price over the market growth. Electronic manufacturing services are service outsourcing services in engineering and manufacturing that provide a broad variety of key manufacturing capacities. Geographically, the market in the Asia Pacific is expected to witness a boom in the upcoming time period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global electronic contract manufacturing and design services market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electronic contract manufacturing and design services market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Service Type Insights: On the basis of service type, global electronic contract manufacturing and design services market has been segmented into electronic design & engineering, electronics assembly, electronic manufacturing, and others. Out of these segments, electronic manufacturing segment has accounted for the largest share in the global market of electronic contract manufacturing and design services. Due to their growing significance in several electronic types of equipment such as phones and tablets, the electronic contract manufacturing and design services industry is experiencing a prominent growth in demand for electronic circuit boards. Moreover, utilization of advanced technologies in the global market such as artificial intelligence, 3D printing is anticipated to generate high investment by key players. Key industry players invest widely in R&D operations and other projects to standardize their manufacturing procedures in order to maintain an extremely competitive atmosphere.  

By End-Use Insights: On the basis of end-use, global electronic contract manufacturing and design services market has been segmented into healthcare, automotive, industrial, aerospace & defense, IT & telecom, power & energy, consumer electronics, and others. The IT and telecom industry appeared as the biggest end-use sector in the market for electronic contract manufacturing and design services and accounted for the largest share revenue in recent years. In addition, increased supply for powered vehicles has increased a need to automate electronic device production, thus stimulating demand for EMS in the automotive industry.

Regional Analysis

The electronic contract manufacturing and design services market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, the Asia Pacific region held the largest market share in the global market of electronic contract manufacturing and design services. China accounted for an influential share of total revenue in 2017 and maintains a submissive role in the electronics manufacturing sector. Large scale raw material accessibility and low-cost employment are the main drivers anticipated to favor regional market development over the preceding years.

North America is expected to witness high growth in the upcoming time span. Various R&D laboratories and medical organizations are situated in North America working on sophisticated and mobile therapeutic goods that they intend to supply through contract suppliers. Moreover, increasing demand for electronics and telecommunication segment will dominate the global electronic contract manufacturing and design services market. Europe is anticipated to dominate the global electronic contract manufacturing and design services market over the projected period majorly owing to the presence of key players in the region, increasing production capacity and advanced manufacturing strategies.

Global Electronic Contract Manufacturing and Design Services Market Size, Share Analysis by Region 2017

Global Electronic Contract Manufacturing and Design Services Market Study Objective

1. To forecast the market size of electronic contract manufacturing and design services market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of electronic contract manufacturing and design services market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate on significant factors that will have a major impact on the growth of electronic contract manufacturing and design services market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of electronic contract manufacturing and design services market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the electronic contract manufacturing and design services market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Hon Hai Precision Industry Co Ltd., Flextronics International Ltd., Jabil Circuit Inc., Sanmina Corporation, Venture Corporation, and Benchmark Electronics are some of the key players in the market of electronic contract manufacturing and design services.

Global Electronic Contract Manufacturing and Design Services Market Study Report Offer You!

The global electronic contract manufacturing and design services market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.