Highlights:
The global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.2% from 2023 through 2028.
Asia-Pacific market for electronics contract manufacturing and design services is estimated to increase from $440.8 billion in 2023 to reach $694.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.5% from 2023 through 2028.
North American market for electronics contract manufacturing and design services is estimated to increase from $51.5 billion in 2023 to reach $75.4 billion by 2028, at a compound annual growth rate (CAGR) of 7.9% from 2023 through 2028.
Report Scope:
The scope of this report includes an overview of the global electronics contract manufacturing (ECM) and design services market as well as an analysis of this global market's trends. The report considers 2022 to be the base year for its data, and it provides estimates and CAGR projections for the forecast period from 2023 through 2028. Revenue forecasts for this period are segmented based on application provider, type, application, and geography.
The report also offers an in-depth analysis of the competitive landscape within the ECM and design services market, focusing on the key dynamics that drive success. It examines critical factors such as research and development capabilities, market presence, brand strength and the influence of ecosystems and partnerships. Additionally, the report assesses the impact of the COVID-19 pandemic on the market, considering the challenges and opportunities that have emerged as a result.
This report includes -
- 37 data tables and 23 additional tables
- An overview and analysis of the global market for electronics contract manufacturing and design services within the electronics industry ecosystem
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, 2026, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the actual market size and revenue forecast for the global market, and corresponding market share analysis by type, application provider and region
- In-depth information (facts and figures) pertaining to the market drivers, challenges, opportunities and prospects, as well as upcoming technologies, regulatory scenarios and the impact of COVID-19
- An industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on OEM manufacturers, raw materials suppliers and the major types of end users
- Analysis of market growth opportunities with a holistic review of Porter's Five Forces and PESTLE analyses, taking into consideration the prevailing micro- and macroeconomic factors in the market
- A look at the major vendors in the global market for electronics contract manufacturing and design services, along with an analysis of the industry structure, including market shares and recent mergers and acquisitions (M&A) activity
- Insight into the importance of ESG in the global market, including consumer attitudes, risks and opportunities assessment, and ESG practices followed by manufacturers and service providers
- Identification of the major stakeholders and an analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Profiles of the leading market players, including Analog Devices Inc., Texas Instruments Inc., STMicroelectronics, and Hon Hai Precision Industry Co. Ltd.