Market Overview:
The global electronic contract assembly market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electronic products from various end-use industries, such as healthcare, automotive, industrial, IT & telecom and consumer electronics. In addition, the growing trend of miniaturization and increased demand for smart devices are also contributing to the growth of this market. The PCB assembly services segment is expected to hold the largest share in terms of revenue in 2018 and is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. This can be attributed due high demand for PCB assemblies from various end-use industries across different regions worldwide.
Product Definition:
An electronic contract assembly is a process in which a contractual agreement is reduced to an electronic format and then executed. The importance of this process lies in the fact that it can speed up the contract-signing process, while also ensuring that all terms and conditions are met.
PCB Assembly Services:
PCB assembly is a process of assembling printed circuit boards (PCBs) by mechanical or automated means. PCBs are manufactured in different sizes and shapes, which requires assembly of same size and shape components on the finished product. The process can be done manually but it’s an expensive and time-consuming method as compared to other methods that use automation for speed as well as accuracy reasons.
Cable/Harness Assembly Services:
Cable Harness Assemblies are used in Electronic Contract Manufacturing (ECM) market to connect printed circuit boards to electronic components. Cable harnesses are assemblies made up of a number of wires that are used for carrying electrical signals from one point to another within an assembly. In the electronics industry, cable harnesses find their use in assembling printed circuit boards and other peripheral devices into systems and assemblies.
Application Insights:
The global demand for contract assembly services is witnessing a paradigm shift due to the growing need for assembling complex electronic devices. The healthcare segment accounted for over 30% of the overall market revenue in 2017 and is expected to grow at a significant rate during the forecast period. This can be attributed to increasing investments in medical technology equipment, which requires assembly and testing of various medical devices.
Electronic contract assembly services are widely used across all major verticals including automotive, IT & telecommunication, industrial, consumer electronics among others. The use of these services has become essential owing to their ability to perform complex operations with ease while maintaining high production standards required by customers globally.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing manufacturing activities in countries, such as China and India. In addition, rising disposable income coupled with a growing population will drive demand further. Increasing investments by governments in developing infrastructure are also expected to fuel market growth over the coming years.
The European market accounted for more than 25% of global revenue share in 2017 owing to high R&D investments and technological advancements across various industries including automotive, healthcare & life sciences, consumer electronics among others. Moreover, presence of major electronic component manufacturers including Siemens AG; ABB Ltd.
Growth Factors:
- Increasing demand for miniaturization in electronic products
- Growing popularity of disposable and low-cost electronics
- Proliferation of smart devices and the Internet of Things (IoT)
- Rising demand from automotive and aerospace industries
- Emergence of new assembly technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Contract Assembly Market Research Report
By Type
PCB Assembly Services, Cable/Harness Assembly Services, Membrane/Keypad Switch Assembly Services
By Application
Healthcare, Automotive, Industrial, IT & Telecom, Consumer Electronics, Other
By Companies
Amphenol Interconnect Products, ATL Technology, CompuLink, Connect Group, Leoni, Season Group, TE Connectivity, Volex, Mack Technologies, TTM Technologies, Amphenol Interconnect Products
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Contract Assembly Market Report Segments:
The global Electronic Contract Assembly market is segmented on the basis of:
Types
PCB Assembly Services, Cable/Harness Assembly Services, Membrane/Keypad Switch Assembly Services
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
Healthcare, Automotive, Industrial, IT & Telecom, Consumer Electronics, Other
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:
- Amphenol Interconnect Products
- ATL Technology
- CompuLink
- Connect Group
- Leoni
- Season Group
- TE Connectivity
- Volex
- Mack Technologies
- TTM Technologies
- Amphenol Interconnect Products
Highlights of The Electronic Contract Assembly 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 Services
- Cable/Harness Assembly Services
- Membrane/Keypad Switch Assembly Services
- By Application:
- Healthcare
- Automotive
- Industrial
- IT & Telecom
- Consumer Electronics
- Other
- 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 Assembly 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 Assembly (ECA) is a process that automates the contracting and document management processes for government contractors. ECA systems are designed to streamline the contracting process by consolidating and organizing all of a contractor's contract documents into one electronic system. This system can then be accessed by authorized personnel in real-time, allowing for faster contract execution and improved compliance with government procurement regulations.
Some of the major players in the electronic contract assembly market are Amphenol Interconnect Products, ATL Technology, CompuLink, Connect Group, Leoni, Season Group, TE Connectivity, Volex, Mack Technologies, TTM Technologies, Amphenol Interconnect Products.
The electronic contract assembly market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Contract Assembly Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Contract Assembly Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Contract Assembly Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Contract Assembly Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Contract Assembly Market Size & Forecast, 2020-2028
4.5.1 Electronic Contract Assembly Market Size and Y-o-Y Growth
4.5.2 Electronic Contract Assembly Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PCB Assembly Services
5.2.2 Cable/Harness Assembly Services
5.2.3 Membrane/Keypad Switch Assembly Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Automotive
6.2.3 Industrial
6.2.4 IT & Telecom
6.2.5 Consumer Electronics
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Contract Assembly Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Contract Assembly Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PCB Assembly Services
9.6.2 Cable/Harness Assembly Services
9.6.3 Membrane/Keypad Switch Assembly Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Automotive
9.10.3 Industrial
9.10.4 IT & Telecom
9.10.5 Consumer Electronics
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PCB Assembly Services
10.6.2 Cable/Harness Assembly Services
10.6.3 Membrane/Keypad Switch Assembly Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Automotive
10.10.3 Industrial
10.10.4 IT & Telecom
10.10.5 Consumer Electronics
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PCB Assembly Services
11.6.2 Cable/Harness Assembly Services
11.6.3 Membrane/Keypad Switch Assembly Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Automotive
11.10.3 Industrial
11.10.4 IT & Telecom
11.10.5 Consumer Electronics
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PCB Assembly Services
12.6.2 Cable/Harness Assembly Services
12.6.3 Membrane/Keypad Switch Assembly Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Automotive
12.10.3 Industrial
12.10.4 IT & Telecom
12.10.5 Consumer Electronics
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PCB Assembly Services
13.6.2 Cable/Harness Assembly Services
13.6.3 Membrane/Keypad Switch Assembly Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Automotive
13.10.3 Industrial
13.10.4 IT & Telecom
13.10.5 Consumer Electronics
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Contract Assembly Market: Competitive Dashboard
14.2 Global Electronic Contract Assembly Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amphenol Interconnect Products
14.3.2 ATL Technology
14.3.3 CompuLink
14.3.4 Connect Group
14.3.5 Leoni
14.3.6 Season Group
14.3.7 TE Connectivity
14.3.8 Volex
14.3.9 Mack Technologies
14.3.10 TTM Technologies
14.3.11 Amphenol Interconnect Products
