PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550574
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550574
Electronic Contract Manufacturing and Design Services Market, By Services (Electronic Manufacturing Services, Electronic Design Services, Logistics and After-Sales Services), By Enterprise Size, By Vertical, By Geography
Global electronic contract manufacturing and design services market is estimated to be valued at USD 712.03 Bn in 2024 and is expected to reach USD 1,462.75 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 712.03 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2024 to 2031 CAGR: | 10.80% | 2031 Value Projection: | US$ 1,462.75 Bn |
Electronic contract manufacturing refers to outsourcing the manufacturing of electronic components and outsourcing to original equipment manufacturers (OEMs). Contract design services include product design and development services for electronics and related industries. Rising complexity of electronics hardware and short product life cycles have compelled OEMs to focus on their core competencies and outsource manufacturing and design aspects. This has boosted demand for capable electronic contract manufacturers and design service providers globally. Advancements in communication technologies have widened the scope for electronics integration across various industry verticals.
Market Dynamics:
Global electronic contract manufacturing and design services market growth is driven by factors like growing need to reduce manufacturing costs and focus on core business competencies among OEMs. Short product life cycles and rapid changes in consumer preferences necessitate outsourcing of non-core manufacturing and design activities. Significant focus on research and development of advanced electronics boosts outsourcing of product design aspects. Meanwhile, price wars among contract manufacturers to cater large outsourcing orders can offer growth opportunity. However, logistical challenges in managing global operations and supply chains can hamper the market growth. Intellectual property risks associated with outsourcing design activities can also hamper the market growth.
Key features of the study:
This report provides in-depth analysis of the global electronic contract manufacturing and design services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global electronic contract manufacturing and design services market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Asteelflash, Benchmark Electronics, Inc., Celestica Inc., Compal Electronics, Inc., Delta Group, Fabrinet, Flex Ltd., Foxconn Technology Group, Inventec Corporation, Jabil Inc., Kimball Electronics, Inc., LACROIX - Electronics, New Kinpo Group, Plexus Corp., and Sanmina Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global electronic contract manufacturing and design services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electronic contract manufacturing and design services market
Detailed Segmentation-
- By Services Insights (Revenue, USD Bn, 2019 - 2031)
- Electronic Manufacturing Services (EMS)
- Electronic Design Services
- Logistics and After-Sales Services
- By Enterprise Size Insights (Revenue, USD Bn, 2019 - 2031)
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- By Vertical Insights (Revenue, USD Bn, 2019 - 2031)
- Consumer Electronics
- Telecommunications
- Automotive
- Industrial
- Medical
- Aerospace and Defense
- Others
- By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Asteelflash
- Benchmark Electronics, Inc.
- Celestica Inc.
- Compal Electronics, Inc.
- Delta Group
- Fabrinet
- Flex Ltd.
- Foxconn Technology Group
- Inventec Corporation
- Jabil Inc.
- Kimball Electronics, Inc.
- LACROIX - Electronics
- New Kinpo Group
- Plexus Corp.
- Sanmina Corporation
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Electronic Contract Manufacturing and Design Services Market, By Services
- Global Electronic Contract Manufacturing and Design Services Market, By Enterprise Size
- Global Electronic Contract Manufacturing and Design Services Market, By Vertical
- Global Electronic Contract Manufacturing and Design Services Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Electronic Contract Manufacturing and Design Services Market, By Services, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020- 2031
- Segment Trends
- Electronic Manufacturing Services (EMS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Electronic Design Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Logistics and After-Sales Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Electronic Contract Manufacturing and Design Services Market, By Enterprise Size, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Small and Medium Enterprises (SMEs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Electronic Contract Manufacturing and Design Services Market, By Vertical, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Consumer Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Telecommunications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Medical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Aerospace and Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Electronic Contract Manufacturing and Design Services Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Services, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Services, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Services, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Services, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Services, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Services, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Asteelflash
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Benchmark Electronics, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Celestica Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Compal Electronics, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Delta Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Fabrinet
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Flex Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Foxconn Technology Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Inventec Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Jabil Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Kimball Electronics, Inc.
- LACROIX - Electronics
- New Kinpo Group
- Plexus Corp.
- Sanmina Corporation
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us
