Global Market Outlook On Electronic Manufacturing Services (EMS)

The global Electronic Manufacturing Services (EMS) market is expected to grow at a compound annual growth rate of 4-5% by 2022. The expansion in this industry is because of big growth in end-use segments like the telecom sector, medical markets, and the industrial sector. 

The major end-use industries in EMS are computer hardware and communication sectors, which hold around 65% of the demand.  The electronics industry is very competitive in nature due to the increasing complexity of electronic products as well as rising pressure on original equipment manufacturers for reducing costs.

Let’s Take A Look Electronic Contract Manufacturing Services Market Analysis in the below table: 

Electronic Contract Manufacturing Services Market Analysis:
By Partner: This includes top vendors in terms of company basic information, sales (volume), product category, revenue (Million USD), price as well as gross margin (%)	Hon Hai Precision Industry (Foxconn) Flextronics International Ltd.  Jabil Circuit Elcoteq  Universal Scientific Industrial Co Ltd. SIIX Plexus Shenzhen Kaifa Technology Venture Benchmark Electronics Celestica Sanmina-SCI New Kinpo Group
By Regions This is analyzed as Sales, Market Share (%) by Production, Consumption, Types & Applications, Imports & Exports Analysis, and Consumption Forecast.	Each geographical region is: USA Europe Japan China India Southeast Asia South America South Africa and many others
By Types Every single type is studied as Sales and Market Share (%),Gross Margin, Revenue (Million USD), Price, etc	PCB (Printed Circuit Board) Assembly Manufacturers System Assembly Manufacturers Design and Build Manufacturers
By Applications Every single application is studied as Sales and Market Share (%),Price, Revenue (Million USD), Gross Margin and more similar information	Consumer Electronics Industrial Electronics Electronics Components Computers & Peripherals Others

Global Market Outlook On Electronic Manufacturing Services

The global Electronic Manufacturing Services market is expected to reach $415.6 Billion by the year 2022 because of the significant decline in laptop/desktop shipment (Expected to drop further) in addition to the sluggish recovery of the worldwide economy since 2013

In the US and Canada region, the EMS market was at $66.41 Billion in the year 2017 and is growing at a rate of around 0.25-0.5%. The core for the electronics industry with 75% of the global EMS industry are Taiwanese and Chinese companies. They are providing very inexpensive subcontracted services for manufacturing. At present, the major focus of these vendors is to support as well as promote green technologies in their manufacturing processes.

The EMS industry expanded by 10.7% in 2017 due to large growth in end-use segments,  like the telecom sector ( about 35%), industrial and medical markets. Since the Asian market is likely to grow uniformly expensive over western regions, the supply chain tendency is expected to slowly shift from Asia Pacific Accreditation Cooperation (APAC) regions to the US and some of the Eastern European regions as well.