Market Overview:
The global electronic contract manufacturing and design services market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for miniaturized and sophisticated electronic devices, rising trend of outsourcing production, and growing demand for customized electronics products. Based on type, the global electronic contract manufacturing and design services market is segmented into designing, assembly, manufacturing, and others. The designing segment is expected to grow at a CAGR of 7.0% during the forecast period from 2018 to 2030 due to the increasing trend of outsourcing product development activities. Based on application, the healthcare sector accounted for majority share in 2017 owing to increase in adoption of medical devices such as portable ECG machines & Holter monitors across various regions worldwide.
Product Definition:
Electronic Contract Manufacturing and Design Services are a type of outsourcing that companies use to have products made. The company provides the design for the product and the manufacturer makes the product according to those designs. This can be important because it allows a company to focus on their strengths while still having a quality product made.
Designing:
The global designing, it's usage and growth factor in electronic contract manufacturing and design services market size was valued at USD 6.5 billion in 2016. The increasing demand for electronics products coupled with the need to reduce time-to-market is expected to drive the market growth over the forecast period.
Assembly:
The global assembly and it's usage in electronic contract manufacturing and design services market size was valued at USD 6.5 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period. The increasing popularity of offshore sourcing for electronics assembly is one of the key trends escalating market growth globally.
Offshore sourcing to developing countries offers several benefits such as, low cost labor, land availability, proximity to raw material suppliers etc.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. The growth of this segment can be attributed to increasing demand for electronic devices in automobiles, especially infotainment systems. Also, rising demand for wearable electronics is expected to fuel market growth over the next six years.
The healthcare sector was one of the prominent sectors that adopted ECM services extensively owing to their ability to reduce costs and offer customized solutions specific to medical requirements. ECM services are also used in aerospace applications as they offer high precision, shorter lead times, improved quality and greater flexibility than traditional manufacturing methods do. The telecom sector is expected witness moderate penetration rate as compared with other sectors due these advanced technologies being introduced by them which require a higher level of integration which can be achieved through ECM services only.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead throughout the forecast period owing to factors such as low labor costs, availability of skilled workforce, and high demand from end-use industries. Moreover, increasing investments by prominent players for expanding their manufacturing facilities are anticipated to drive the regional market growth over the next eight years.
The European region accounted for a significant share in terms of revenue generation due to growing adoption of e-commerce and rapid technological advancements across various industry verticals including automotive, aerospace & defense (AD), healthcare & life sciences (HLB), consumer electronics (CE) among others.
Growth Factors:
- Increasing demand for miniaturization in electronic products
- Growing trend of outsourcing manufacturing services to reduce costs
- Proliferation of new technologies and the need for faster time-to-market
- Emergence of 3D printing and other advanced manufacturing technologies
- Rising demand from developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Contract Manufacturing and Design Services Market Research Report
By Type
Designing, Assembly, Manufacturing, Others
By Application
Healthcare, Automotive, Aerospace, Telecom, Others
By Companies
Foxconn, FLEX, Jabil Circuit, Sanmina-SCI, Venture, Benchmark Electronics
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Contract Manufacturing and Design Services Market Report Segments:
The global Electronic Contract Manufacturing and Design Services market is segmented on the basis of:
Types
Designing, Assembly, Manufacturing, Others
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, Aerospace, Telecom, Others
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:
- Foxconn
- FLEX
- Jabil Circuit
- Sanmina-SCI
- Venture
- Benchmark Electronics
Highlights of The Electronic Contract Manufacturing and Design Services 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:
- Designing
- Assembly
- Manufacturing
- Others
- By Application:
- Healthcare
- Automotive
- Aerospace
- Telecom
- Others
- 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 and Design Services 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 and Design Services (ECM&DS) refers to the process of designing, producing, and delivering products or services using electronic technology. ECM&DS can be used for a variety of purposes such as manufacturing products or services, creating marketing materials, developing software applications, or creating websites.
Some of the major companies in the electronic contract manufacturing and design services market are Foxconn, FLEX, Jabil Circuit, Sanmina-SCI, Venture, Benchmark Electronics.
The electronic contract manufacturing and design services market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Contract Manufacturing and Design Services 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 Manufacturing and Design Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Contract Manufacturing and Design Services 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 Manufacturing and Design Services 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 Manufacturing and Design Services Market Size & Forecast, 2018-2028
4.5.1 Electronic Contract Manufacturing and Design Services Market Size and Y-o-Y Growth
4.5.2 Electronic Contract Manufacturing and Design Services Market Absolute $ Opportunity
Chapter 5 Global Electronic Contract Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Type
5.2.1 Designing
5.2.2 Assembly
5.2.3 Manufacturing
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Contract Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Automotive
6.2.3 Aerospace
6.2.4 Telecom
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Contract Manufacturing and Design Services 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 Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Contract Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Type
9.6.1 Designing
9.6.2 Assembly
9.6.3 Manufacturing
9.6.4 Others
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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Automotive
9.10.3 Aerospace
9.10.4 Telecom
9.10.5 Others
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 Electronic Contract Manufacturing and Design Services Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Contract Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Type
10.6.1 Designing
10.6.2 Assembly
10.6.3 Manufacturing
10.6.4 Others
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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Automotive
10.10.3 Aerospace
10.10.4 Telecom
10.10.5 Others
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 Electronic Contract Manufacturing and Design Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Contract Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Type
11.6.1 Designing
11.6.2 Assembly
11.6.3 Manufacturing
11.6.4 Others
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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Automotive
11.10.3 Aerospace
11.10.4 Telecom
11.10.5 Others
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 Electronic Contract Manufacturing and Design Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Contract Manufacturing and Design Services 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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Type
12.6.1 Designing
12.6.2 Assembly
12.6.3 Manufacturing
12.6.4 Others
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 Electronic Contract Manufacturing and Design Services Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Automotive
12.10.3 Aerospace
12.10.4 Telecom
12.10.5 Others
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) Electronic Contract Manufacturing and Design Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Contract Manufacturing and Design Services 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) Electronic Contract Manufacturing and Design Services Market Size Forecast by Type
13.6.1 Designing
13.6.2 Assembly
13.6.3 Manufacturing
13.6.4 Others
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) Electronic Contract Manufacturing and Design Services Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Automotive
13.10.3 Aerospace
13.10.4 Telecom
13.10.5 Others
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 Manufacturing and Design Services Market: Competitive Dashboard
14.2 Global Electronic Contract Manufacturing and Design Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Foxconn
14.3.2 FLEX
14.3.3 Jabil Circuit
14.3.4 Sanmina-SCI
14.3.5 Venture
14.3.6 Benchmark Electronics
