Press release
EMS ODM market Size Overview, Drivers, Restraints and Industry Forecast By 2030
The EMS ODM market is bifurcated into segments product and application.
Product Segmentation: The EMS ODM products are sectioned into two types such as ODM, and EMS.
Application Segmentation: Based on the application, the EMS ODM are partitioned into various forms such as industrial sector, medical industry, consumer industry, computer industry, communication industry, and others.
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Regional Analysis
Based on the latest research, the global EMS ODM market based on the regions is categorized into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among them, Asia-Pacific is dominating the largest market share due to the growing demand for consumer electronics. Moreover, rapid advancements in technology are fueling the market growth in this region. North America is holding the second largest market share due to the rising innovations in the consumer electronics products market. Due to the presence of emerging countries like Germany, France, Italy, and the UK, Europe is accounting for the third-largest market share. Apart, the rise in personnel disposable income is boosting the market growth in this region.
The EMS ODM market's major key players are FLex Limited (Singapore), Venture Corporation Ltd (Singapore), Universal Scientific Industrial Co, Ltd. (China), Sanmina Corporation (US), Foxconn Technology Co. Ltd. (Taiwan), and others.
Industry News
According to the recent study, the EMS ODM market forecast states that the EMS ODM market is anticipated to grow at a significant rate due to development in the product line, innovation in the existing product, and rising research & development in this sector. Qualcomm and Universal Scientific formed a joint venture and installed a semiconductor module facility that helps in the production of components for smartphones, fabricates modules, and facility design in Brazil.
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