Electronic Manufacturing Services Market Trends | ASE Group Global, Benchmark Electronics, Celestica, Fabrinet, Foxconn, Jabil, Kimball Electronics, Plexus Corp., Sanmina, Sparton Corporation, TT Electronics plc, Fabrinet, Flextronics International Tecnol

The electronic manufacturing services market has gained enormous momentum over the last twenty years. Consistent rise in the consumption of mobile phones, portable electronics and connected devices overall has helped the growth of several small EMS players to meet the global demand. Vast opportunities in the aerospace, industrial and medical devices segment have also boosted the electronic manufacturing services industry. More recently, the communication and consumer electronics segment have driven EMS providers to pursue key expansion strategies and technological developments.

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The global electronic manufacturing services market will eventually witness increased returns from the aforementioned sectors. EMS providers have enhanced manufacturing facilities and expertise, also offering additional services like testing and logistics to help OEMs and major consumer brands achieve better profit margins, lesser time-to-market and flexibility. Labor costs in developing economies, especially in the Asia-Pacific (APAC) region are considerably low, reinforcing the electronic manufacturing services industry expansion in countries like China, India and most South East Asian nations.

Major companies in Electronics Manufacturing Services Market: -

o Advanced Semiconductor Engineering
o Altadox, Inc.
o Benchmark Electronics, Inc.
o Celestica, Inc.
o Compal Electronics, Inc.
o Delta Group Electronics, Inc.
o Fabrinet
o Flextronics International, LTD.
o Foxconn
o Integrated Microelectronics
o Jabil
o KeyTronicEMS
o Kimball Electronics, Inc.
o Plexus Corporation
o Sanmina
o SIIX Corporation
o Sparton Corporation
o TPV Technology Limited
o TT Electronics plc

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The company has set an example in the electronic manufacturing services Market for adopting innovative business models and creating a global presence. It had recorded a 50% growth in earnings during December 2017, mainly driven by the shipment of Apple's flagship smartphone model, iPhone X. Simultaneously the APAC electronic manufacturing services market experienced accelerated growth due to increased production of smartphones launched by Chinese OEMs, such as Xiaomi.

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