The global market for electronics contract manufacturing (ECM) was valued at $410 billion in 2011, and is projected to reach $435 billion in 2013 and $670 billion in 2018, a five-year compound annual growth rate (CAGR) of 9% from 2013-2018.
The ECM market in the European region is expected to account for $36.1 billion in 2012 and $38.5 billion in 2013. This segment is further projected to reach $54 billion by 2018, a CAGR of 7% from 2013 to 2018.
Central and East European countries (CEE) countries are projected to reach $7.8 billion in 2012 and $8.4 billion in 2013. This segment is expected to rise to $12 billion by 2018, a CAGR of 7.4%.
GLOBAL MARKET FOR ECM SERVICE APPLICATIONS, 2011-2018
Source: BCC Research
This report points out the increasing importance of electronics contract manufacturing in the global economy and how contract manufacturing has influenced the cost structure of various electronic products. The report analyzes different aspects of electronics contract manufacturing, the companies involved in contract manufacturing, and identifies the areas where growth and improvement are needed.
For any company to succeed in a competitive market, opportunities must be identified from the viewpoint of the company's strengths. For this, it is necessary to understand the size and growth rate of any opportunity and the competitive atmosphere in which the company exists. This report presents the ideal medium to understand the various exciting and growing opportunities in the field of electronics contract manufacturing, both for buyers and providers of these contract manufacturing services. This report also focuses on the available opportunities in this vast area of ever-growing business and how to utilize these opportunities to acquire additional profitable business.
The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various segments of the electronics contract manufacturing business, with reasons given for variations in the growth of the industry in certain regions.
Both primary and secondary research methods were used in this study. Primary information sources for this market research include individuals within companies, various research organizations, governmental agencies and trade associations. Secondary research sources include databases, trade literature, specialized journals and government statistics.
The analyst is a mechanical engineer with more than 40 years experience in designing factory layouts and setting up factories. He has set up factories for production of weighing machines and dynamic balancing machines in India and has experience in the design, production and servicing of the above equipment. He was Senior Vice President of M/S Schenck Avery Ltd., an Indo-German joint venture, and set up the electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.
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