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Global Electronics manufacturing services (EMS) Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Hon Hai/Foxconn,Jabil,Flextronics,Inc.
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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).
In 2017, thanks to a surge in shipments of mobile phone vendors such as Apple, Huawei, and Xiaomi, the EMS market rose by 5.17%. In 2017, the growth in mobile phone offset the drop in notebook computer market. It is predicted that the mobile phone will still have strong growth potential, but with the growth rate dwarfed by that in 2018. The 4G construction of Radio Access Networks reached the peak after 2015. It is projected that the RAN market will be on the decline in 2018-2023. Moreover, the data size of mobile Internet surged, data center or cloud computing services market grew robustly.
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.
Global Electronics manufacturing services (EMS) market size will increase to 59200 Million US$ by 2025, from 43200 Million US$ in 2018, at a CAGR of 4.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electronics manufacturing services (EMS).
Market Segment by Manufacturers, this report covers
Hon Hai/Foxconn
New Kinpo
Jabil
Flextronics
Pegatron
Venture
FIH Mobile
Plexus
Kaifa
Celestica
Sanmina
SIIX
Zollner Elektronik
Universal Scientific Industrial
Benchmark Electronics
Market Segment by Type, covers
Electronic manufacturing
Engineering services
Test development & implementation
Logistics services
Others
Market Segment by Applications, can be divided into
Computer
Communications
Consumer
Industrial
Others
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Related Information:
North America Electronics manufacturing services (EMS) Market Growth 2019-2024
United States Electronics manufacturing services (EMS) Market Growth 2019-2024
Asia-Pacific Electronics manufacturing services (EMS) Market Growth 2019-2024
Europe Electronics manufacturing services (EMS) Market Growth 2019-2024
EMEA Electronics manufacturing services (EMS) Market Growth 2019-2024
Global Electronics manufacturing services (EMS) Market Growth 2019-2024
China Electronics manufacturing services (EMS) Market Growth 2019-2024
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