The global electronic contract manufacturing and design services market is expected to reach USD 639.9 billion by 2025, according to a new report by Radiant Insights, Inc. The competitive nature of the electronics industry, increasing complexity of electronic products, increased pressure on original equipment manufacturers for reducing costs, and decreased product lifecycles have increased the demand for better manufacturing capabilities and their related services. To achieve the same, OEMs are seeking support from contract manufacturers. OEMs subcontract EMS companies and benefit from their expertise in design, manufacturing, and supply chain management. Outsourced manufacturing model enables OEMs to leverage resources, reduce costs, access the leading manufacturing technologies, reduce investments in fixed capital, and adapt to the market demand. Additionally, it also aids in retaining the overall control responsibilities and in-house activities such as customer service, integration of network solutions, product cost management, customer interactions, quality assurance, order management, and new product introduction. All the above mentioned factors are expected to drive the electronic contract manufacturing services market over the forecast period.
Electronic contract manufacturing services market is projected to witness high growth across non-technical segments, such as medical, aerospace & defense, and automotive, over the forecast period, owing to low penetration rates and high growth opportunities (over the next few years) in these sectors. The surging need for optimizing resources is the primary reason that is expected to drive the growth of the electronic contract manufacturing services market over the next nine years.
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Further key findings from the report suggest:
• The global electronic contract manufacturing services and design market is expected to witness a CAGR exceeding 7% from 2017 to 2025, owing to the rising need for resource optimization
• Electronics manufacturing services accounted for the highest market share in 2016; however, electronics design & engineering services are projected to witness high growth over the forecast period
• Electronic contract manufacturing services in the IT & telecom segment held the highest revenue in 2016. However, non-technical segments, such as healthcare, automotive, and aerospace & defense, are expected to witness noteworthy growth over the forecast period, owing to the rising outsourcing trends in these industries
• The Asia Pacific region accounted over 40% of the overall revenue share in 2016 and is expected to dominate the market over the forecast period
• Foxconn, FLEX, Jabil Circuit., Sanmina-SCI, Venture Corporation, Benchmark, among others were a few key players that captured a significant market share in 2016
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Electronic Contract Manufacturing and Design Services Market Trends, Variables, & Scope
3.1. Market Segmentation
3.2. Market Size and Growth Prospects, 2015 – 2025
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.4.3. Market opportunity analysis
3.5. Company Market Share Analysis, 2016
3.6. Key Opportunities Prioritized
3.7. Industry Analysis – Porter’s
3.8. PESTEL Analysis, 2016
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Chapter 4. Electronic Contract Manufacturing Services: Service Outlook
4.1. Electronic Contract Manufacturing Services Market Share By Service, 2016 & 2025 (USD Billion)
4.2. Electronic Design & Engineering
4.2.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
4.2.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
4.3. Electronic Assembly
4.3.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
4.3.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
4.4. Electronic Manufacturing
4.4.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
4.4.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
4.5. Others
4.5.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
4.5.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
Chapter 5. Electronic Contract Manufacturing Services and design: End-Use Outlook
5.1. Electronic Contract Manufacturing Services Market Share By End-Use, 2016 & 2025 (USD Billion)
5.2. Healthcare
5.2.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
5.2.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
5.3. Automotive
5.3.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
5.3.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
5.4. Industrial
5.4.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
5.4.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
5.5. Aerospace & Defense
5.5.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
5.5.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
5.6. IT & Telecom
5.6.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
5.6.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
5.7. Power & Energy
5.7.1. Market estimates and forecast, 2015 – 2025 (USD Billion)
5.7.2. Market estimates and forecast by region, 2015 – 2025 (USD Billion)
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About Radiant Insights, Inc
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
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