Press release
What’s Driving the Electronic Manufacturing Services Market Trends? Key Companies - ASE Group Global, Benchmark Electronics, Celestica, Fabrinet, Foxconn, Jabil, Kimball Electronics, Plexus Corp., Sanmina, Sparton Corporation, TT Electronics plc
Electronic Manufacturing Services Market
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The key companies operating in the Electronic Manufacturing Services Market: -
1. ASE Group Global
2. Altadox, Inc.
3. Benchmark Electronics
4. Celestica
5. Fabrinet
6. Flextronics International Tecnologia Ltda.
7. Foxconn
8. Integrated Micro-Electronics, Inc. (IMI Global)
9. Jabil
10. KeyTronicEMS
11. Kimball Electronics
12. Plexus Corp.
13. Sanmina
14. SiiX Corporation
15. Sparton Corporation
16. TT Electronics plc
Major Key Points from Table of Content:
Chapter 4. EMS Market, By Product
4.1. Key trends by product
4.2. Electronic manufacturing
4.2.1. Market estimates and forecast, 2013 – 2024
4.3. Engineering services
4.3.1. Market estimates and forecast, 2013 – 2024
4.4. Test & development implementation
4.4.1. Market estimates and forecast, 2013 – 2024
4.5. Logistics services
4.5.1. Market estimates and forecast, 2013 – 2024
4.6. Others
4.6.1. Market estimates and forecast, 2013 – 2024
Chapter 5. EMS Market, By Application
5.1. Key trends by application
5.2. Computer
5.2.1. Market estimates and forecast, 2013 – 2024
5.3. Consumer electronics
5.3.1. Market estimates and forecast, 2013 – 2024
5.4. Aerospace & defense
5.4.1. Market estimates and forecast, 2013 – 2024
5.5. Medical & healthcare
5.5.1. Market estimates and forecast, 2013 – 2024
5.6. Automotive
5.6.1. Market estimates and forecast, 2013 – 2024
5.7. Others
5.7.1. Market estimates and forecast, 2013 – 2024
Electronic manufacturing services market is gaining momentum due to an increasing focus on electronic OEMs to enhance the quality of products. The quality of products is the key factor that differentiates the offerings of the company in a highly competitive electronics industry. To ensure the quality, the vendors in the industry are undertaking several testing procedures such as X-ray inspection, in-circuit testing, Automated Optical Inspection (AOI), and shock test. Enhanced capabilities of players in the industry will propel the industry growth.
The margins in the business are low and the companies are highly sensitive to fluctuations in material prices and labor costs, restraining the electronic manufacturing services market growth. Furthermore, to achieve economy of scale, these companies are required to produce large volumes to satisfy customer needs. The strong competition among the players in the industry restrains the small players from procuring orders with large volumes. These factors are expected to hinder the industry growth over the forecast timespan.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/electronic-manufacturing-services-ems-market
The electronic manufacturing services market is expected to grow significantly due to the rapidly-growing consumer electronics sector. In 2016, the consumer electronics industry was valued at USD 1,100 billion. Increasing adoption of smartphones is encouraging the manufacturers to opt for these services to meet the demand-supply gap. Also, technological advancements in consumer electronics such as speakers, smart homes, and other intelligent devices are rapidly increasing the demand for these devices. To enhance productivity, OEMs are outsourcing the electronics manufacturing, thus propelling the electronic manufacturing services market.
The Asia Pacific electronic manufacturing services market is expected to grow rapidly in the next six years due to the presence of a large number of OEMs in the region. Low cost and the availability of raw materials and workforce bodes well for the industry in the region. The companies in the region provide services to OEMs in countries including Germany, the U.S., and France. The companies in the region are rapidly digitizing their businesses to achieve end-to-end integration of their operations. This is further encouraging the OEMs from North America and Europe to outsource their services to Asia Pacific, propelling the electronic manufacturing services market growth in the region.
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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