The report provides insights on the following:
The global EMS (Electronic Manufacturing Services) market size in 2019 was $463.2 billion. It is expected to grow at a CAGR of 7-8 percent by 2022, to reach $575.69 billion. In 2017 the EMS industry expanded by 10.7 percent, and this was due to a huge growth in end-use segments, such as the telecom sector, industrial sector, and medical markets.The EMS market comprises both EMS and ODM businesses because most manufacturers (ODM and EMS) get involved in other business simultaneously.The major end-use industries in EMS are communication and computer hardware sectors, which hold around 59 percent of the demand.
The report discusses the regional EMS market overview constituting market size, growth rate and key suppliers in the U.S, Canada, LATAM, EMEA, and APAC regions. The report also highlights Porter's Five Force Analysis including the supplier power, buyer power, barriers to new entrants, intensity of rivalry and threat of substitute. The report covers the global EMS market drivers and constraints, cost and pricing forecast as well as the impact of key price drivers. The report also analyses key global suppliers' profile and provides a SWOT analysis of some of the major industry giants in the EMS market including Foxconn, Pegatron, Flextronics, Jabil Inc., Sanmina etc. It covers procurement best practices comprising of sourcing strategy, engagement models, contract models, and risk analysis.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Electronic Manufacturing Services covers the following
Increasing demand from downstream industries is expected to be the primary driver for the increase in global CEM/EMS industry
Development of new manufacturing technologies and upcoming end-use segments, like IoT, is expected to boost the demand for the EMS market. Major manufacturers are increasing their spend on R&D so as to differentiate their products, to attract new end-use applications
Compliance with domestic stringent regulations and trade tariffs is impacting the EMS industry and forcing OEMs to build in house manufacturing capabilities. Also, increasing case of violation of Intellectual Property Rights (IP) is significantly impacting the Contract manufacturers
High competition among EMS providers leads to low-profit margins within the industry. This restricts the growth of smaller manufacturers, especially in emerging markets. Such suppliers typically compete on price terms, which affects the quality of the products they manufacture
The EMS industry has witnessed continuous and strategic growth, due to which various industry events take place, in order to sustain the growth. Some of the major industry events include mergers and acquisitions, capacity additions, exhibitions and trade conferences, and technology-driven manufacturing
TKR Corp., the EMS business of Nippon Manufacturing Services, has expanded their production facilities in Vietnam, as the need for local production for local consumption is increasing, with a growing necessity to enhance production in the ASEAN region
TT Electronics Plc has completed its acquisition of Stadium Group plc, a supplier of design-led technologies with product capabilities
The increasing shortfall in the supply of passive components has disrupted production at some major EMS firms in Taiwan. This has affected the supply to brand clients, with consumers facing possible price hikes in end markets
EMS provider, Sanmina, says that it has received FDA registration at its manufacturing facilities in Chennai, India, enabling Sanmina to manufacture finished medical instruments and devices in India
Zytek EMS, a contract electronics assembler, located in Silicon Valley, is closing its factory and selling its assets at auction
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