Electronics Manufacturing Services Market by End-user, Application, and Geography — Forecast and Analysis 2021–2025
Electronics Manufacturing Services Market will register a CAGR of 4% during 2020–2024. The market’s growth momentum will Accelerate.
Increasing adoption of smart manufacturing | Growing demand for EMS from end-user industries | Growing demand for assembly, packaging, and testing services will be one of the major factors driving the growth of this market. Additionally, key Electronics Manufacturing Services trends such as the will also influence market growth during the forecast period.
Electronics Manufacturing Services Market Size
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During the forecast period, the Electronics Manufacturing Services Market size will grow by $ 121.80 bn.
Electronics Manufacturing Services Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Electronics Manufacturing Services Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Complex supply chain with shrinking margins | Dependency on limited number of buyers | Trade war between US and China will also challenge the growth of the companies.
Benchmark Electronics Inc. | Celestica Inc. | Creation Technologies LLC | ESCATEC Sdn. Bhd. | Flex Ltd. | Hon Hai Precision Industry Co. Ltd. | Jabil Inc. | Plexus Corp. | Sanmina Corp. | Venture Corp. Ltd..list
are some of the companies covered in Technavio’s Electronics Manufacturing Services Market report for 2021–2025.
Electronics Manufacturing Services Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Electronics Manufacturing Services Market.
The APAC will account for the largest Electronics Manufacturing Services Market share and during 2021–2025, the region will contribute to 63% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Electronics Manufacturing Services Market report also analyzes the market by Computing and consumer appliances | Telecommunication | Industrial | Automotive | Healthcare | Others | APAC | North America | Europe | South America | MEA | Design and engineering | Manufacturing | Aftermarket
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