Electronic Manufacturing Services Market Will Grow at a Healthy CAGR by 2026
A detailed analysis of the electronic manufacturing services market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.
With the advancement of emerging technologies like IoT and AI, which is fostering investments towards industrial automation, the electronic manufacturing services market is projected to record a lucrative rate of growth over the forecast timespan. The addition of industrial robots for the purpose of smart manufacturing effectively increases operational performance while also limiting the level of human intervention thereby achieving cost-effectiveness, which would complement industry outlook.
Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/2971
The consumer electronics sector, particularly in the APAC region is undergoing a major shift in manufacturing trends, mainly due to the current political tensions between China and the United States. Numerous electronics producers, including Samsung, have moved their operations bases to countries such as Vietnam and India, when the first visible fallouts from the tensions first came to light.
Moreover, lucrative policies implemented by the government of India, such as the Foreign Direct Investment initiative are providing foreign players ample opportunities to establish a manufacturing presence in the region. These favorable policies coupled with an abundance of cheap labor and raw material supply in the region will add impetus to electronics manufacturing services market expansion over the estimated timeline.
The logistics segment held nearly 5% of the electronics manufacturing services market share in 2019 and is expected to depict commendable growth at a 3% CAGR through 2026. This growth is attributed largely to the rising investment by EMS solution provides in logistics and transportation operations, in order to facilitate on-time deliveries and mitigate any potential service defects stemming from improper transportation.
Request for customization @ https://www.decresearch.com/roc/2971
North America electronic manufacturing services market accounted for over 20% market share and is estimated to record a growth rate of over 6% by the end of the forecast timeline. The regional growth is mainly ascribed to the growing consumers inclination towards the adoption for portable diagnostic systems like Fitbit. The rising preference toward incorporation of smart sensors into diagnostic systems has further driven the demand for EMS in the region.
The competitive landscape of electronic manufacturing services market includes Sanmina Corporation, Foxconn Electronics, Inc., ASE Group, Compal Electronics, Inc., Jabil, Inc., and Benchmark Electronics, Inc. among many others.
Major Key Points from Table of Content:
Chapter 5. Electronic Manufacturing Services Market, By Service
5.1. Key trends, by service
5.2. Electronics manufacturing services
5.2.1. Market estimates and forecast, 2015 - 2026
5.2.2. Engineering services
5.2.2.1. Market estimates and forecast, 2015 - 2026
5.2.3. Test & development implementation
5.2.3.1. Market estimates and forecast, 2015 - 2026
5.2.4. Logistics services
5.2.4.1. Market estimates and forecast, 2015 - 2026
5.2.5. Others
5.2.5.1. Market estimates and forecast, 2015 - 2026
Chapter 6. Electronic Manufacturing Services Market, By Application
6.1. Key trends, by application
6.2. Computer
6.2.1. Market estimates and forecast, 2015 - 2026
6.3. Consumer Electronics
6.3.1. Market estimates and forecast, 2015 - 2026
6.4. Aerospace & Defense
6.4.1. Market estimates and forecast, 2015 - 2026
6.5. Medical & Healthcare
6.5.1. Market estimates and forecast, 2015 - 2026
6.6. Automotive
6.6.1. Market estimates and forecast, 2015 - 2026
6.7. Others
6.7.1. Market estimates and forecast, 2015 - 2026
Browse Complete Table of Content @ https://www.decresearch.com/toc/detail/electronic-manufacturing-services-ems-market
About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
Contact Us: -
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com