Global Electronics Manufacturing Services (EMS) Market Size, Status and Forecast 2022-2028

Global Electronics Manufacturing Services (EMS) Market Size, Status and Forecast 2022-2028

Market Analysis and Insights: Global Electronics Manufacturing Services (EMS) Market
Electronics Manufacturing Services (EMS) is a term used for companies that test, manufacture, 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).
As of 2019, the market for electronic manufacturing services is fragmented with global and domestic players. The main market companies are as follows: Hon Hai/Foxconn, Jabil, Flextronics, Pegatron, New-Kinpo Group, Venture, FIH Mobile, Plexus, Kaifa, Celestica, Sanmina, SIIX, Zollner Elektronik, Universal Scientific Industrial and Benchmark Electronics, etc.
IT infrastructure, with data center or cloud computing services as the core, will constitute the biggest driving force. Server EMS is basically monopolized by the Taiwanese vendors, with a global market share of over 90%. Taiwan has a complete industrial chain of server, which is viewed as an extension of the computer. As the Taiwanese vendors have stronger and stronger technical ability, the future equipment cabinet solution of Server+Routing+Storage+Switching will gain more market space.
However, the European and US EMS vendors are dedicated to improving profitability by reducing the revenue proportion of telecom and communication infrastructure, and intensifying the expansion to industrial, medical, and automotive sectors. Meanwhile, they have also strengthened the weakness in components, and ventured into the upstream sector of industrial chains. But compared with the Taiwanese vendors, the European and US EMS peers lagged far behind in the field of components.
In the upcoming five years, the Consumer electronics market will embody the hugest growth potentials in the EMS industry. The success of Xiaomi that focuses on marketing hype and brand promotion while entirely outsources manufacturing to its contract vendors propels EMS services. Xiaomi's remarkable achievement stimulates a large number of mobile phone companies to follow suit, which opens a wide space for EMS vendors. Samsung and LG may commission EMS vendors to conduct manufacturing partly. The EMS market size is expected to jump from 435,151 million USD in 2020 to 620,005 million USD in 2027, with a CAGR of 4.58% for the forecasted year.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electronics Manufacturing Services (EMS) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electronics Manufacturing Services (EMS) market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electronics Manufacturing Services (EMS) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electronics Manufacturing Services (EMS) market.
Global Electronics Manufacturing Services (EMS) Scope and Market Size
Electronics Manufacturing Services (EMS) market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electronics Manufacturing Services (EMS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company

HONHAI
Pegatron
Jabil
Flex Ltd
Luxshare
Quanta
BYD Electronics
Wingtech
New KINPO
Wistron
USI
Celestica
Qisda Corporation
PLEXUS
Kaifa
Benchmark
SIIX
Zollner
Fabrinet
Venture
Longcheer
MiTAC
UMC

Segment by Type

Electronic Manufacturing
Engineering Services
Test Development & Implementation
Logistics Services
Others

Segment by Application

Computer
Communications
Consumer
Automotive Electronics
Industrial
Others

By Region
North America
Europe
Asia-Pacific
Central & South America
Middle East and Africa