“Global Electronic Manufacturing Services (EMS) Market: Size, Trends & Forecast (2018-2022)“, provides an in-depth analysis of the global EMS market with description of market sizing and growth. The analysis includes market by value, and by segments. The report also includes a brief segment analysis of the market as well.
A detailed market analysis of India electronic manufacturing services market has also been provided in the report with actual and forecasted market size. It comprises India EMS market segment analysis as well. The focus on ‘Make in India’ in the Indian electronics industry is creating opportunities for electronic manufacturing services in the country.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global electronic manufacturing services market has also been forecasted for the years 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global electronic manufacturing services market is highly fragmented due to the presence of large number of players. However some of the major players of the market include Benchmark Electronics, Inc., Flex Ltd., Celestica Inc., and HON HAI Precision Industry Co., Ltd. whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the respective companies are provided.
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Benchmark Electronics, Inc.
HON HAI Precision Industry Co., Ltd.
An Electronic manufacturing service (EMS) is a type of subcontracting that offers extensive variety of core manufacturing capabilities. Electronic manufacturing service providers are basically manufacturers that make a definite contract with different industries to manufacture electronic products on behalf of them. EMS providers will play a significant role in the electronics value chain. The EMS industry is usually distributed into Tiers by their revenue: Tier 1, Tier 2, Tier 3 and Tier 4.
A variety of manufacturing services which includes design, assembly, and testing has been provided by EMS companies. The manufacturers would give quotation for material costs, labor, tooling and other processes according to specific requirements. Electronic manufacturing services industry has major end-users such as healthcare, IT & telecom, consumer electronics, automotive, industrial etc.
Rising demand for consumer electronics in both developed and developing nations is one of the major attributes that is pushing the growth of electronic manufacturing services globally. The global electronic manufacturing services market has increased over the years and projections are made that the market would grow at a steady pace in the next four years i.e. 2018-2022.
The market is supported by various growth drivers such as rising demand for automotive electronics, increasing demand from downstream industries, proliferation of mobile devices, growing IoT market, technological advancements etc. Yet some factors are restraining the growth of the market such as uncertain demand, violation of intellectual property rights etc.
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Ritesh Tiwari, Director