Market Research Report
Global Electronic Contract Manufacturing Market Size study, by Service Outlook, End Use and Regional Forecasts 2021-2027
|Published by||Bizwit Research & Consulting LLP||Product code||1009768|
Delivery time: 2-3 business days
|Global Electronic Contract Manufacturing Market Size study, by Service Outlook, End Use and Regional Forecasts 2021-2027|
|Published: June 5, 2021||Content info:||
Global Electronic Contract Manufacturing Market is valued approximately USD 452.45 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.5 % over the forecast period 2021-2027. Electronic Contract Manufacturing (ECM) refers to a number of services includes, PCB fabrication, functional testing, subassembly manufacturing, engineering design, turnkey or box builds, distribution and order fulfillment on behalf of OEMs (Original Electronic Manufacturers). The increasing demand of mobile devices, increasing population, increasing investment in medical devices has led the adoption of Electronic Contract Manufacturing across the forecast period. Rise in population leads to acquire more services such as increasing use of medical facilities or increasing use of gadgets. (Statistics) For Instance: as per the Department of biotechnology in India 24 Industry Projects worth Rs. 12.62 Crore and 4 Extramural Projects (DBT/DST) worth Rs. 6.24 Crore. However, (Restraint) costly spare parts of the products impede the growth of the market over the forecast period of 2020-2027. Also, (Opportunity)rise in Digitalization, the adoption & demand for Electronic Contract Manufacturing is likely to increase the market growth during the forecast period.
The regional analysis of global Electronic Contract Manufacturing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing geriatric population and promptness & affordability of urgent care services. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising automation would create lucrative growth prospects for the Electronic Contract Manufacturing market across Asia-Pacific region.
Major market player included in this report are:
Benchmark Electronics, Inc.
Compal Electronics, Inc.
Creating Technologies LP
Flextronics International, Ltd.
Hon Hai Precision Industry Co., Ltd.
Jabil Circuit, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Electronic Design & Engineering
By End Use:
IT & Telecom
Power & Energy
Aerospace & Defense
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Electronic Contract Manufacturing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures