PUBLISHER: Market Research Future | PRODUCT CODE: 1559084
PUBLISHER: Market Research Future | PRODUCT CODE: 1559084
Global EMS & ODM Market Research Report Information by Type (EMS & ODM MARKET) by Application (Consumer Electronics, Communications, Automotive & Transportation, Industrial, Medical, Energy and Others), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Industry Size, Share, and Forecast Till 2032
The EMS & ODM Market industry is anticipated to experience a compound annual growth rate (CAGR) of 7.6% from USD 809.64 billion in 2024 to USD 1,457.95 billion by 2032 during the forecast period (2024-2032). EMS providers are contract manufacturers who specialize in the production, testing, shipping, and repair of electronic components and assemblies for original equipment manufacturers. They are like ECM. EMX is also engaged in the provision of value-added services, such as supply chain management, outbound logistics, and configure-to-orders, in addition to software development, product development, and design assistance. Like ECMs, ODMs are responsible for the development and ownership of their own intellectual property (IP) for products that are utilized in CEMs. For example, a contract electronic manufacturer utilizes customer design and intellectual property (IP) to produce a diverse assortment of products, while an ODM creates their own specialized IP tailored to a particular market.
Electronic Manufacturing Services (EMS) encompass the development, testing, and production of electrical components and assembled components for manufacturers. The term also refers to organizations that design, manufacture, test, distribute, and provide return or repair services for electronic parts and assemblies for original equipment manufacturers (OEMs). The increasing demand for electronic parts and devices is driving interest in EMS and OEM services, which is a result of the expanding semiconductor industry. It is anticipated that the utilization of silicon in the production of integrated circuits will increase due to its affordability, accessibility, and superior quality. As a result, the increasing demand for high-performance semiconductor processors has led to an increase in the production of new semiconductors.
Market segment insights
The global EMS & ODM Market is segmented by type.
Consumer electronics, communications, automotive & transportation, industrial, medical, energy, and others comprise the EMS & ODM Market, which has been segmented by application.
Regional Perspectives
In 2023, Asia Pacific possessed the largest market share. The demand for consumer electronics and high-end technological products has increased as a result of the growing working-class populations in emerging countries. The Asia-Pacific region is currently the global champion in outsourcing, and businesses prefer to expand gradually. ODMs are progressively emphasizing the control of critical materials, GPUs, and CPUs, which are high-cost components. In order to achieve flexibility and the integration of system integrators into ODM production, CSPs are cautious in their supply chain management.
A educated workforce and the widespread availability of raw materials are advantageous to North America. The expansion of EMS in the region has been significantly influenced by the availability of inexpensive labor. Organizations in North America are gradually transitioning their device manufacturing requirements to EMS providers.
The demand for EMS and ODM in Europe is primarily propelled by the presence of leading semiconductor companies in the region. Additionally, the government is consistently increasing its investments to attract an increasing number of semiconductor productions, which has resulted in an increase in EMS and ODM businesses.
Alteryx, Foxconn (Hon Hai Technology), Sanmina, New Kimpo Group, Zollner Elektronik, Flex Ltd., Compal Electronics, Jabil, Wistron, Cicor, ENICS (GPV International A/S), RAFI GmbH & Co. KG (BWK), AEMtec GmbH (Capiton), KATEK Group (PRIMEPULSE SE), and Kappa optronics GmbH are among the key players in the EMS & ODM Market.