EMS and ODM

EMS and ODM

Global EMS and ODM Market to Reach US$1.8 Trillion by 2030

The global market for EMS and ODM estimated at US$967.0 Billion in the year 2023, is expected to reach US$1.8 Trillion by 2030, growing at a CAGR of 9.5% over the analysis period 2023-2030. EMS, one of the segments analyzed in the report, is expected to record a 9.9% CAGR and reach US$1.3 Trillion by the end of the analysis period. Growth in the ODM segment is estimated at 8.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$65.9 Billion While China is Forecast to Grow at 10.3% CAGR

The EMS and ODM market in the U.S. is estimated at US$65.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$540.6 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.0% and 8.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.

Global EMS and ODM Market - Key Trends and Drivers Summarized

Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) are crucial facets of the global electronics manufacturing sector. EMS providers deliver a variety of services for electronic components and assemblies, including production, testing, distribution, and return/repair services for electronic parts and assemblies for original equipment manufacturers (OEMs). This approach allows OEMs to leverage the specialized production capabilities and economies of scale of EMS providers, reducing costs and enabling them to concentrate on their core competencies such as R&D and brand management. On the other hand, ODMs offer comprehensive services that go beyond manufacturing to include the design and prototyping of products. In the ODM model, companies design and manufacture products to another company`s specifications; these products are then sold under the purchasing company’s brand name.

The EMS and ODM markets have seen substantial growth due to the increasing complexity of electronic products and rapid technological advancements. As electronic devices become more intricate, integrating more tightly between hardware and software, many companies opt to outsource parts of the design, manufacturing, and assembly processes to specialized providers. This outsourcing strategy not only accelerates time-to-market but also enables flexible production scaling based on market demand, without necessitating heavy capital investment. The ODM model is particularly prevalent in the consumer electronics industry, where companies such as smartphone and laptop manufacturers rely on ODMs for end-to-end product development and manufacturing solutions, allowing brand owners to concentrate on market expansion and customer service.

The growth in the EMS and ODM market is driven by several factors. The continuous innovations and new technologies in consumer electronics increase demand for these services, as companies seek EMS and ODM partners capable of keeping pace with rapid technological shifts and shortening product lifecycles. Additionally, the globalization of the technology market compels companies to form partnerships with EMS and ODM providers to access new markets and streamline their supply chains. Economic fluctuations and competitive pressure to cut costs also push companies to outsource manufacturing operations to minimize capital and operational expenses. Furthermore, the trend towards connected devices and the Internet of Things (IoT) necessitates integrated solutions that EMS and ODM providers are increasingly equipped to manage, offering expertise from component sourcing to final assembly. These dynamics affirm that EMS and ODM services will continue to be integral to the electronics industry`s ecosystem, reflecting their pivotal role in supporting global technological advancement and product dissemination.

Select Competitors (Total 242 Featured) -

• AirBorn, Inc.
• All Shore Industries
• Andrew Technologies, Inc.
• 3CEMS Group
• A.S.T., Inc.
• Absolute EMS, Inc.
• ABX Engineering, Inc.
• Accurate Electronics
• ALL Circuits
• Amtech Electrocircuits, Inc.
• Amtech Microelectronics, Inc.
• Arc-Tronics, Inc.
• Asteelflash Group
• BCP Systems, Inc.
• Ancorotti Cosmetics Srl

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