Global Electronic Manufacturing Services (EMS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Electronic Manufacturing Services (EMS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Electronics manufacturing services (EMS) is a term used for companies that design, manufacture, test, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs). The concept is also referred to as electronics contract manufacturing (ECM).

Market Overview:

The latest research study on the global Electronic Manufacturing Services (EMS) market finds that the global Electronic Manufacturing Services (EMS) market reached a value of USD 442729.44 million in 2022. It’s expected that the market will achieve USD 630156.09 million by 2028, exhibiting a CAGR of 6.06% during the forecast period.

Opportunities

Increasing research and development, improve the supply chain system, continuous innovation, improve technology, improve product quality, high performance products and services will be the future trend of development.
The industry will keep on increasing concentration, there will be more industry consolidation and reshuffling.
Expending new business from the phone, notes, computer, tablet, etc. to the server, IoT smart speakers, wearable devices, VR and so on.
The competition in the mobile EMS field focuses on the comprehensive capabilities of vendors, such as finance, R&D, supply chain, business and platform support and integration capabilities; Smart speaker focuses on AI acoustics technology, IoT Fields is communication and chip modules, while wearable devices and VR are depending on the future development of the products.
With the fierce competition, some of the EMS may seek a transformation, to new business field as above or try to develop their own brand.

Region Overview:

From 2022-2027, China (including Taiwan) is estimated to witness robust growth prospects.

Company Overview:

Hon Hai Precision Industry Co., Ltd. is one of the major players operating in the Electronic Manufacturing Services (EMS) market, holding a share of 44.36% in 2022.

Hon Hai Precision Industry Co., Ltd.

Hon Hai Precision Industry Co., Ltd., through its subsidiaries, provides integrated electronics manufacturing services. It primarily engages in the manufacture, sale, and servicing of connectors, telecommunication and computer cases, thermal modules, wired/wireless communication products, optical products, power supply modules, and assemblies for use in the information technology, communications, automotive equipment, precision molding, automobile, and consumer electronics industries.

Pegatron

Pegatron Corporation, together with its subsidiaries, engages in designing, manufacturing, and selling computer, communication, and consumer electronic products worldwide. It offers computing products, such as notebook and desktop PCs, motherboards, VGA cards, mobile Internet devices, rugged computers, and servers; consumer electronics, including tablets, game consoles, and LCD TVs; and communication products, which include cable modems, set-top boxes, smartphones, network switches, and routers.

Segmentation Overview:

As for product types, the Test development & implementation segment held the largest market share in 2021.

Electronic Manufacturing

Electronics manufacturing services (EMS) is a term used for companies that design, manufacture, test, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs).

After Sales Service

After sales service refers to various processes which make sure customers are satisfied with the products and services of the organization. Here means the after service after the EMS process.

Test Development & Implementation

Test Development is the test of the service, and implementation is the realization of an application, or execution of a plan, idea, model, design, specification, standard, algorithm, or policy. Here it is the execution of the EMS process.

Logistics Services

Logistics services refer to the coordination of items as they’re distributed from warehouses to clients, usually by truck, train or air.

Application Overview:

The market's largest segment by application is the segment Electronic Industry, with a market share of 65.44% in 2021.

Key Companies in the global Electronic Manufacturing Services (EMS) market covered in Chapter 3:

Hon Hai Precision Industry Co., Ltd.
Universal Scientific Industrial
Venture Corporation Limited
New-Kinpo Group
Jabil Circuit, Inc.
BYD Electronic
Pegatron
Plexus Corp.
Shenzhen Kaifa Technology Co., Ltd.
Fabrinet
Benchmark Electronics, Inc.
Flex Ltd.
Sanmina-SCI Corporation
Celestica

In Chapter 4 and Chapter 14.2, on the basis of types, the Electronic Manufacturing Services (EMS) market from 2018 to 2029 is primarily split into:

Electronic manufacturing
After sales service
Test development & implementation
Logistics services
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Electronic Manufacturing Services (EMS) market from 2018 to 2029 covers:

Mechanical Industry
Electronic Industry
Consumer Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)