(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The "The Worldwide Electronics Manufacturing Services Market 2023 Edition" report has been added to ResearchAndMarkets.com's offering. The worldwide electronics manufacturing services (EMS) market is a determining force in production of electronics products and now accounts for 49% of all assembly.
Outsourcing grew exceptionally in 2021 but fell flat in 2022 due to computer and smartphone markets being saturated. The COVID-19 crisis continues to disrupt the supply chain and labor force. The EMS industry grew by 7.7 percent CAGR but only 1.7 percent in 2022 - the lowest rate of the period.
The report begins with an analysis of the worldwide electronics OEM assembly market, giving a baseline for the manufacturing value of electronics product assemblies. A forecast is checked against 46 individual product segments which make up the majority of electronics assembly (automotive, consumer, industrial, medical, aviation and aerospace and defense industries).
The report estimates that total electronics assembly value (OEM+EMS+ODM) was $1.416 trillion in 2022 and will grow to approximately $1.747 trillion in 2027 at a CAGR of 4.3 percent, ostensibly fueled by the demand for EMS services. The contract manufacturing industry by itself will grow from $694 billion in 2022 to $907 billion in 2027 at a 5.5 percent CAGR.
To support this conclusion, the report analyzes the EMS industry in a variety of ways. First, it reviews the worldwide market for EMS and OEM electronics assembly by individual product. Second, the report analyzes the EMS industry, including a breakdown of the market leaders and relative share by industry and region.
Third, the market opportunity for emerging growth is presented by product and country across 46 product segments and 1000+ manufacturing sites. No other report gives such detail by country, wage rate, and regional product assembly. The data can also be purchased as an Excel file to allow for easy analysis of the hundreds of variables collected in the report.
The report also includes an EMS financial performance analysis for the best-performing companies and examines a variety of critical financial metrics. Another chapter reviews EMS mergers and acquisitions for the past few years and the impact on the growth of the industry and its competitiveness.
The report concludes with profiles of the largest EMS and ODM firms (103 companies-86 EMS and 15 ODM) from all over the world. These reviews summarize the market foof each company, its leading customers, and each company's financial production performance statistics. The intent of these profiles is to serve as a global directory and competitive analysis tool for industry participants.
Report Highlights
Worldwide Electronics Market Analysis, 2022-2027 46 Product Segments by Region and Supplier Total Assembly Value (OEM, EMS and ODM)
Worldwide EMS Market Analysis, 2022-2027 OEM vs. Outsourced (EMS and ODM Subcontractors) EMS, ODM, and OEM Production Market Share by Region, Market Segment, and Product (46 products and 1000+ manufacturing facilities): COVID-19 Impact Regional Manufacturing Distribution by 57 Countries Product Analysis by EMS, ODM, OEM, and Country
Financial Benchmarks Market Segment Metrics - Revenue/Margin/Earnings Revenue per Sq. Ft./per SMT Line/per Employee WW Labor Rates, ROA/ROEL - Highest Performers
In-Depth Company Profiles (Best Performing EMS and ODM Companies from $100+ Million - Total 103)
Company Profiles of Leading Suppliers
3CEMS Accton Technology AEC ALL CIRCUITS AmTran ATA IMS Berhad Benchmark Bitron BMK BYD Electronics Celestica Cicor Compal Electronics Computime Connect Creation Cyient Ltd. DBG Holdings Delta Electronics Di-Nikko Dixon Technologies Ducommun Elemaster EliteGroup eolane ESCATEC Etron Fabr Fideltronik Flex Foxconn (Hon Hai) Gemtek GigaByte Global Brands Mfg GPV Group Hana Micro HANZA Hi-Mix Electronics IMI Inventec Jabil Kaga Electronics KATEK AB Katolec KeytronicEMS Kimball Kitron LACROIX Lite-On Luxshare Mack Technologies Melecs Micro-Star MiTAC Holdings NEO Technology New Kinpo Group Neways Nippon Mfg. Norautron Nortech Systems NOTE Orbit One OSE Pan-International PC Partner Pegatron Ple Prodrive Tech Providence Qisda Quanta Computer RAFI Group Sanmina Scanfil Season Group SERCOMM Shenzhen Kaifa Shenzhen Zowee SigmaTron SIIX SKP Resources SMTC Sumitronics Suzhou Etron SVI Syrma SGS TPV TQ-Systems TT Electronics UMC USI Valuetronics Variosystems Venture Vexos VIDEOTON VIRTEX V.S. Industry Vtech EMS Wistron WKK Technology Wong's Electronics Zollner
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Tags Computing Electronic Manufacturing Electronics Manufacturing EMS
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