![]() |
Market Research Report
Global Electronics Manufacturing Services (EMS) Market - Analysis by Service (Design & Engineering, Manufacturing, Assembly, Others), End User, By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025) |
||||||
Published by | Azoth Analytics | Product code | 980057 | ||||
Published | Content info | 200 Pages Delivery time: 2-3 business days |
|||||
Price |
|
Global Electronics Manufacturing Services (EMS) Market - Analysis by Service (Design & Engineering, Manufacturing, Assembly, Others), End User, By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025) | ||
Published: December 31, 2020 | Content info: 200 Pages |
|
The Global Electronics Manufacturing Services (EMS) Market, valued at USD 414.32 Billion in the year 2019 has been witnessing unprecedented growth in the last few years on the back of increasing demand of artificial intelligence and rising demand of consumer electronics. Other major reasons behind the growth of the Electronics Manufacturing Services (EMS) market globally are the increasing adoption of electric vehicle and increasing demand of "Industry 4.0", which will also drive the electronics manufacturing services (EMS) market value in the near future.
Among the Service in the Electronics Manufacturing Services (EMS) market (Design & Engineering, Manufacturing, Assembly and Others), Design & Engineering is popular service globally and is expected to grow steadily in the forecast period. The high demand of design & Engineering services in EMS industry will drive the market.
Among the End User of the Electronics Manufacturing Services (EMS) market (Consumer Electronics, Computers, Automotive and others), Consumer Electronics is very popular globally and is expected to keep growing in the forecast period. Consumer Electronics sector is one of the largest application of Electronics Manufacturing Services (EMS) due to the demand of EMS among the consumer electronics manufacturers across the globe which will keep driving the market in future.
The APAC is expected to lead the global market throughout the forecasted period. The rising demand of consumer electronics in Asian countries and as a hub of electronics manufacturing industry in countries like China, Taiwan, India, Japan are expected to infuse market growth tremendously.