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Electronics Manufacturing Services Market: Top Trends to Look for in 2020-2026

Author : Ronak Bora | Published Date : 2020-09-08 

Electronic manufacturing services market has gained enormous momentum over the last twenty years. Consistent rise in the consumption of mobile phones, portable electronics and connected devices overall has helped the growth of several small EMS players to meet the global demand.

Vast opportunities in the aerospace, industrial and medical devices segment have also boosted the electronic manufacturing services industry. More recently, the communication and consumer electronics segment have driven EMS providers to pursue key expansion strategies and technological developments.

Boasting revenues of more than USD 450 billion in 2017, the global electronic manufacturing services market will eventually witness increased returns from the aforementioned sectors. EMS providers have enhanced manufacturing facilities and expertise, also offering additional services like testing and logistics to help OEMs and major consumer brands achieve better profit margins, lesser time-to-market and flexibility. Labor costs in developing economies, especially in the Asia-Pacific (APAC) region are considerably low, reinforcing the electronic manufacturing services industry expansion in countries like China, India and most South East Asian nations.

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The electronics manufacturing services (EMS) market from the medical & healthcare application segment is poised to register a CAGR of over 4% through 2026. This appreciable growth rate is characterized mainly by the rapid digitalization of medical devices and surgical machinery. For instance, Bigfoot has developed a novel medical system, designed to offer continuous glucose monitoring capability and on-demand delivery of insulin to patients with varying diabetic conditions.

The solution includes a sensor-based wearable medical device, a data processing engine as well as an insulin dosage calculator for fully automated glucose management and delivery. Such endeavors are anticipated to significantly expedite the demand for EMS solutions in the medical domain, as the focus on delivering secure and safe treatments intensifies.

Top Key Players In Electronics Manufacturing Services Market are Advanced Semiconductor Engineering Inc., Benchmark Electronics, Inc., Celestica Inc, Compal Electronics, Inc., Delta Group Electronics, Inc, Fabrinet, Flex Ltd, Foxconn Technology Group, Integrated Micro-Electronics, Inc., Inventec Corporation , Jabil Inc., KeyTronicEMS , Kimball Electronics, Inc. ,Plexus Corp., Quanta Computer, Sanmina Corporation, SIIX Corporation, Sparton Corporation, TPV Technology Limited, TT Electronics, Wistron Corporation

The consumer electronics sector, particularly in the APAC region is undergoing a major shift in manufacturing trends, mainly due to the current political tensions between China and the United States. Numerous electronics producers, including Samsung, have moved their operations bases to countries such as Vietnam and India, when the first visible fallouts from the tensions first came to light.

Moreover, lucrative policies implemented by the government of India, such as the Foreign Direct Investment initiative are providing foreign players ample opportunities to establish a manufacturing presence in the region. These favorable policies coupled with an abundance of cheap labor and raw material supply in the region will add impetus to electronics manufacturing services market expansion over the estimated timeline.

Table Of Content:

Chapter 5.   Electronic manufacturing services market, By Service

5.1.  Key trends, by service

5.2.  Electronics manufacturing services

5.2.1. Market estimates and forecast, 2015 - 2026

5.2.2. Engineering services

5.2.2.1.    Market estimates and forecast, 2015 - 2026

5.2.3. Test & development implementation

5.2.3.1.    Market estimates and forecast, 2015 - 2026

5.2.4. Logistics services

5.2.4.1.    Market estimates and forecast, 2015 - 2026

5.2.5. Others

5.2.5.1.    Market estimates and forecast, 2015 - 2026

Chapter 6.   Electronic manufacturing services market, By Application

6.1.  Key trends, by application

6.2.  Computer

6.2.1. Market estimates and forecast, 2015 - 2026

6.3.  Consumer Electronics

6.3.1. Market estimates and forecast, 2015 - 2026

6.4.  Aerospace & Defense

6.4.1. Market estimates and forecast, 2015 - 2026

6.5.  Medical & Healthcare

6.5.1. Market estimates and forecast, 2015 - 2026

6.6.  Automotive

6.6.1. Market estimates and forecast, 2015 - 2026

6.7.  Others

6.7.1. Market estimates and forecast, 2015 - 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/electronic-manufacturing-services-ems-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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