Market Overview:
The global electronic contract manufacturing market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for consumer electronics and medical devices, and the growing trend of miniaturization in electronic devices. In addition, the increasing demand for aerospace and automotive components is also contributing to the growth of this market. The PCB assembly manufacturers segment is expected to dominate the global electronic contract manufacturing market during the forecast period, followed by system assembly manufacturers and design manufacturers segments. The medical application segment is expected to be fastest-growing application segment during the forecast period, followed by consumer electronics application segment.
Product Definition:
A contract manufacturing company (CMC) is a company that provides contract manufacturing services to another company, often in the form of assembly or production of a product. A CMC may also refer to a third-party supplier who manufactures products on behalf of another company. Electronic Contract Manufacturing is the process by which electronic components and products are manufactured. The importance of Electronic Contract Manufacturing lies in its ability to provide high-quality, low-cost electronic products and components for original equipment manufacturers (OEMs).
PCB Assembly Manufacturers:
PCB assembly manufacturers are the companies that produce printed circuit boards (PCBs) which are used in electronic devices such as computers, cell phones, and other consumer electronics. PCB assembly is a process of assembling various electronic components on a single platform using high-quality materials such as glass fiber reinforced plastics (GRP), copper, and aluminum. The manufacturing process involves soldering and brazing operations which require advanced techniques for handling high power equipment.
System Assembly Manufacturers:
System assembly manufacturers are companies that manufacture complete systems for manufacturing electronic contract products. These manufacturers have in-house raw material production facilities and component fabrication plants to reduce lead time and increase flexibility. System assembly includes designing, assembling, testing & packaging of complete end-to-end solutions for various electronics applications such as printed circuit boards (PCB), mobile phones, computers & laptops among others.
Application Insights:
The consumer electronics application segment accounted for the largest revenue share in 2017 and is anticipated to maintain its lead over the forecast period. The growth can be attributed to increasing demand for smart devices across the globe. Furthermore, technological advancements such as 4K Ultra-High Definition (UHD) are further expected to propel industry growth over the coming years.
The aerospace application segment is projected register a significant CAGR of XX% from 2018 to 2030 owing to rising investments in aircraft manufacturing and R&D activities related thereto. Moreover, government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ are likely to increase investment by Indian companies in various sectors including aerospace which will augment market growth further.
Electronic contract manufacturing services have witnessed tremendous adoption across several industries including automotive, medical equipment & devices, consumer electronics among others due largelyto their abilityto reduce production costs while enhancing product quality.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for smartphones and other mobile devices, along with rapid industrialization and urbanization in this region. Furthermore, Asia Pacific has been witnessing a strong demand for electronic components from various end-use industries such as medical & healthcare, consumer electronics, automotive due to rising GDPs of China and India.
The market in Europe is anticipated to grow at a moderate pace during the forecast period owing to stringent government regulations regarding energy consumption coupled with growing awareness about sustainable manufacturing practices among manufacturers operating within this industry ecosystem. Moreover, Europe’s electronics industry has been severely impacted by geopolitical events that have restricted supply & transport networks across European countries resulting directly into high inventory levels of finished goods which are then distributed through secondary markets or direct sales channels rather than via traditional distribution channels such as retailers or original equipment manufacturers (OEM).
Growth Factors:
- Increasing demand for miniaturization and higher functionality in electronic products
- Growing trend of outsourcing production to contract manufacturers to reduce costs and improve time-to-market
- Proliferation of new technologies and the need for faster time-to-market for new products
- Increased demand from developing countries
- Emergence of "electronics manufacturing services" (EMS) providers that offer a one stop shop for design, prototyping, testing, manufacturing, and post-manufacturing services
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Contract Manufacturing Market Research Report
By Type
PCB Assembly Manufacturers, System Assembly Manufacturers, Design Manufacturers
By Application
Medical, Consumer Electronic, Aerospace, Automotive, Military, Industrial
By Companies
Hon Hai/Foxconn Technology Group, Flex Ltd., Jabil Circuit, Celestica, Sanmina Corporation, TRICOR Systems, Nortech Systems, New Kinpo Group, Shenzhen Kaifa Technology, Benchmark Electronics, Universal Scientific Industrial (USI), Venture Manufacturing, SIIX Corporation, Zollner Elektronik, Beyonics, Sumitronics, UMC Electronics, Orient Semiconductor Electronics, Kimball Electronics Group, Asteelflash Group, Quanta computer, Inventec, Wistron group, Nam Tai Electronics, Creation Technologies, Pemstar, Hana Microelectronics, BenQ, Viasystems Group, WKK Technology Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Contract Manufacturing Market Report Segments:
The global Electronic Contract Manufacturing market is segmented on the basis of:
Types
PCB Assembly Manufacturers, System Assembly Manufacturers, Design Manufacturers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Consumer Electronic, Aerospace, Automotive, Military, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hon Hai/Foxconn Technology Group
- Flex Ltd.
- Jabil Circuit
- Celestica
- Sanmina Corporation
- TRICOR Systems
- Nortech Systems
- New Kinpo Group
- Shenzhen Kaifa Technology
- Benchmark Electronics
- Universal Scientific Industrial (USI)
- Venture Manufacturing
- SIIX Corporation
- Zollner Elektronik
- Beyonics
- Sumitronics
- UMC Electronics
- Orient Semiconductor Electronics
- Kimball Electronics Group
- Asteelflash Group
- Quanta computer
- Inventec
- Wistron group
- Nam Tai Electronics
- Creation Technologies
- Pemstar
- Hana Microelectronics
- BenQ
- Viasystems Group
- WKK Technology Ltd.
Highlights of The Electronic Contract Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PCB Assembly Manufacturers
- System Assembly Manufacturers
- Design Manufacturers
- By Application:
- Medical
- Consumer Electronic
- Aerospace
- Automotive
- Military
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Contract Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic Contract Manufacturing (ECM) is a process of manufacturing products by assembling them from parts that are shipped to the manufacturer in electronic form. ECM can be used for a variety of products, including consumer electronics, medical devices, and industrial equipment.
Some of the key players operating in the electronic contract manufacturing market are Hon Hai/Foxconn Technology Group, Flex Ltd., Jabil Circuit, Celestica, Sanmina Corporation, TRICOR Systems, Nortech Systems, New Kinpo Group, Shenzhen Kaifa Technology, Benchmark Electronics, Universal Scientific Industrial (USI), Venture Manufacturing, SIIX Corporation, Zollner Elektronik, Beyonics, Sumitronics, UMC Electronics, Orient Semiconductor Electronics, Kimball Electronics Group, Asteelflash Group, Quanta computer, Inventec, Wistron group, Nam Tai Electronics, Creation Technologies, Pemstar, Hana Microelectronics, BenQ, Viasystems Group, WKK Technology Ltd..
The electronic contract manufacturing market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Contract Manufacturing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Contract Manufacturing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Contract Manufacturing Market - Supply Chain
4.5. Global Electronic Contract Manufacturing Market Forecast
4.5.1. Electronic Contract Manufacturing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Contract Manufacturing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Contract Manufacturing Market Absolute $ Opportunity
5. Global Electronic Contract Manufacturing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Contract Manufacturing Market Size and Volume Forecast by Type
5.3.1. PCB Assembly Manufacturers
5.3.2. System Assembly Manufacturers
5.3.3. Design Manufacturers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Contract Manufacturing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Contract Manufacturing Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Consumer Electronic
6.3.3. Aerospace
6.3.4. Automotive
6.3.5. Military
6.3.6. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Contract Manufacturing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Contract Manufacturing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Contract Manufacturing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Contract Manufacturing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Contract Manufacturing Demand Share Forecast, 2019-2026
9. North America Electronic Contract Manufacturing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Contract Manufacturing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Contract Manufacturing Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Consumer Electronic
9.4.3. Aerospace
9.4.4. Automotive
9.4.5. Military
9.4.6. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Contract Manufacturing Market Size and Volume Forecast by Type
9.7.1. PCB Assembly Manufacturers
9.7.2. System Assembly Manufacturers
9.7.3. Design Manufacturers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Contract Manufacturing Demand Share Forecast, 2019-2026
10. Latin America Electronic Contract Manufacturing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Contract Manufacturing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Contract Manufacturing Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Consumer Electronic
10.4.3. Aerospace
10.4.4. Automotive
10.4.5. Military
10.4.6. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Contract Manufacturing Market Size and Volume Forecast by Type
10.7.1. PCB Assembly Manufacturers
10.7.2. System Assembly Manufacturers
10.7.3. Design Manufacturers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Contract Manufacturing Demand Share Forecast, 2019-2026
11. Europe Electronic Contract Manufacturing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Contract Manufacturing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Contract Manufacturing Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Consumer Electronic
11.4.3. Aerospace
11.4.4. Automotive
11.4.5. Military
11.4.6. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Contract Manufacturing Market Size and Volume Forecast by Type
11.7.1. PCB Assembly Manufacturers
11.7.2. System Assembly Manufacturers
11.7.3. Design Manufacturers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Contract Manufacturing Demand Share, 2019-2026
12. Asia Pacific Electronic Contract Manufacturing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Contract Manufacturing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Contract Manufacturing Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Consumer Electronic
12.4.3. Aerospace
12.4.4. Automotive
12.4.5. Military
12.4.6. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Contract Manufacturing Market Size and Volume Forecast by Type
12.7.1. PCB Assembly Manufacturers
12.7.2. System Assembly Manufacturers
12.7.3. Design Manufacturers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Contract Manufacturing Demand Share, 2019-2026
13. Middle East & Africa Electronic Contract Manufacturing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Contract Manufacturing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Contract Manufacturing Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Consumer Electronic
13.4.3. Aerospace
13.4.4. Automotive
13.4.5. Military
13.4.6. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Contract Manufacturing Market Size and Volume Forecast by Type
13.7.1. PCB Assembly Manufacturers
13.7.2. System Assembly Manufacturers
13.7.3. Design Manufacturers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Contract Manufacturing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Contract Manufacturing Market: Market Share Analysis
14.2. Electronic Contract Manufacturing Distributors and Customers
14.3. Electronic Contract Manufacturing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hon Hai/Foxconn Technology Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Flex Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jabil Circuit
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Celestica
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sanmina Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TRICOR Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nortech Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. New Kinpo Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shenzhen Kaifa Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Benchmark Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Universal Scientific Industrial (USI)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Venture Manufacturing
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SIIX Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zollner Elektronik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Beyonics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sumitronics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. UMC Electronics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Orient Semiconductor Electronics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kimball Electronics Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Asteelflash Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
