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Global EMS and ODM Market Report added at Market Study Report offers industry size, share, growth, trends and forecast analysis up to 2027. EMS and ODM Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global EMS and ODM market and provides information regarding the revenue for the period 2021 to 2027.
Market Analysis and Insights: Global EMS and ODM Market
The global EMS and ODM market size is projected to reach US$ 745940 million by 2027, from US$ 566850 million in 2020, at a CAGR of 4% during 2021-2027.
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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).
An original design manufacturer (ODM) is a company that designs and manufactures a product as specified and eventually rebranded by another firm for sale. Such companies allow the firm that owns or licenses the brand to produce products (either as a supplement or solely) without having to engage in the organization or running of a factory.
ODMs have grown in size in recent years and as of 2019 many have the scale to handle production for in-house the products that are branded by the buying firm. ODMs are mostly preferred by SME (small and medium size enterprises) and start up OEMs who have less budget as ODMs have their own design template. Currently ODMs are developing faster in more matured sectors such as consumer electronics and telecommunication compared to specialized sectors such as defence, automobile and industrial sector. In comparison to EMS, OEM (Original Equipment Manufacturer) is less likely to opt for ODM for contract manufacturing because OEMs have less control over IP (Intellectual protection) rights, designs of control boards, PCBs etc. Thus, ODMs are likely to become possible competitors to OEMs in the future.
The rapid rise in the demand for consumer and smart electronic devices across the globe is driving the EMS and ODM market growth. Increasing demand for devices, such as smartphones and tablets, accounts for the development of new collaborations and partnerships between service providers and OEMs.
As of 2019, the market for EMS and ODM is relatively fragmented with global and domestic players. The main market companies are as follows: HONHAI, Quanta, Pegatron, Flextronics, Compal, Wistron, Jabil, Inventec, Sanmina, Celestica, New KINPO, USI, Benchmark, Kaifa, PLEXUS, SIIX, Venture, Zollner and UMC.
The top10 EMS and ODM players have surpassed USD 300 billion in sales. HONHAI is the leading EMS and ODM provider in the world which accounts for more than 28% of the total market in 2019.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global EMS and ODM market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global EMS and ODM market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global EMS and ODM market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global EMS and ODM market.
Geographically, the EMS and ODM market report concentrates on elaborating the growth prospects of the marketplace spanning numerous regions across the globe. A detailed evaluation of the competitive trends has also been provided, enabling shareholders to leverage the best of information delivered, in order to take informed decisions. Say for example, the report retains focus on the parameters such as the ex-factory price, production capacity, etc.
How extensively has the industry been segmented in terms of the product and application landscapes?
- The report encompasses a generic outline of the EMS and ODM market with respect to the product types as well as applications.
- The product landscape, as claimed by the report, is classified into the type such as EMS and ODM.
- The report not only features extensive information with respect to the valuation held by every product, but also elaborates on the price models and the production volume.
- Considering the application terrain, the report effectively categorizes the same into Computers, Consumer Devices, Servers and Storage, Networking, Emerging, Others.
- The study delivers expansive details regarding the segment, particularly focusing on the product consumption with respect to every application sector.
- Also, the remuneration accrued by every application segment has been provided in the report, alongside the consumption market share.
- Not to mention, the consumption growth rate of every application has also been provided, enabling the consumer to better understand the growth path of the application in question.
The competitive spectrum holds a pivotal position in the EMS and ODM market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.
As per the report, the EMS and ODM market is segmented into:
- New KINPO
with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.
Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.
A detailed cover-up of the regional landscapes of the EMS and ODM market:
- The study extensively elaborates on the geographical expanse of the EMS and ODM market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
- The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the EMS and ODM market report.
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