Global Electronic Contract Manufacturing Services Market

Posted by Rupali Dagade on January 12th, 2021

Global Electronic Contract Manufacturing Services Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 7.9% through 2020 to 2027, reaching US$ XX Mn.
Electronic contract manufacturing is a form of manufacturing and engineering outsourcing services that offers a wide range of core manufacturing abilities. Major factor driving the growth of electronic contract manufacturing services market is essential for resource optimization.
Moreover, enhancement in consumer purchasing power, increasing the need for consumer electronics, several technological advancements, and growing internet penetration are boosting the market growth. The proliferation of mobile devices such as smartphones and tablets has been the main propeller of electronic contract manufacturing and design services market during the last few years. Moreover, variation in buyer preferences and the rising need for wireless technology is estimated to impact the electronic contract manufacturing services market.
In-house manufacturing and obsolescence of technology are key challenges to the growth of the market. By service, design & engineering segment is expected to hold the largest XX% share in global contract manufacturing services market thanks to increasing advancement of technologies across the end-users and surging inclination of OEMs toward outsourcing their designing demands. North America is the global leader in electronic contract manufacturing market. In 2019, it accounted for around XX% of the market share.
This is attributed to the presence of major players with the advance technologies. Large investment in space programs by the U.S. government is anticipating the market growth. Many R&D centers and medical institutes are located in the USA. The companies are expanding their business portfolio by mergers and acquisitions with the emerging players. For instance, Ericsson has acquired KATHREIN Solutions GmbH's antenna and filters division, which will provide the dynamic competence needed to develop the radio access product and improve in-house antenna competencies and capabilities. Competitive
Landscape: The objective of the report is to present a comprehensive analysis of the Global Electronic Contract Manufacturing Services Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Electronic Contract Manufacturing Services Market dynamics, structure by analyzing the market segments and projects the Global Electronic Contract Manufacturing Services Market size. Clear representation of competitive analysis of key players by Service, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Electronic Contract Manufacturing Services Market make the report investor’s guide.

Scope of Global Electronic Contract Manufacturing Services Market

Global Electronic Contract Manufacturing Services Market, By Service

• Design & Engineering • Electronics Assembly • Electronic manufacturing

Global Electronic Contract Manufacturing Services Market, By End-use

• Healthcare • Automotive • Aerospace • Telecommunication • Others

Global Electronic Contract Manufacturing Services Market, by Region

• North America • Europe • Asia-Pacific • MEA & Africa • Latin America

Global Electronic Contract Manufacturing Services Market Key Players

• Altadox, Inc. • Benchmark Electronics, Inc. • Celestica, Inc. • Compal Electronics, Inc. • Creating Technologies LP • Fabrinet • FLEX Ltd. • Hon Hai Precision Industry Co., Ltd. • Foxconn • Jabil Circuit, Inc. • Plexus Corporation • Sanmina-SCI Corporation • Venture Corporation Ltd • Others

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Rupali Dagade

About the Author

Rupali Dagade
Joined: August 30th, 2019
Articles Posted: 100

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