REPORT HIGHLIGHT
The global electronic contract manufacturing and design services market was valued at USD 380.9 billion by 2019, growing with 6.2% CAGR during the forecast period, 2021-2027.
Electronic manufacturing and design services offer engineering and other manufacturing outsourcing services. These services enable the companies to test, manufacture, market, and repair/return the commodity. The electronic contract manufacturing makes use of core manufacturing capabilities and offers productive roles related to component design, assembling of circuit board and hardware, product and process engineering, etc. On the other hand, the outsourcing service providers manufacture specific products on a contract basis and have boosted the growth of the electronics sector during the past few years. Furthermore, the electronic contract manufacturing services emphasize technologies and sub-technologies such as computers, consumer devices, networking, servers, and telecommunications, which are predominately used in the electronics & semiconductor sectors and are applicable in automotive, healthcare, power, and energy, and industrial sectors.
The market is predominantly influenced by the growing application of electronic manufacturing services in mobile phones and tablets along with the expanding popularity of electric vehicles. Also, the surge in prevalence for medical devices and the functional testing offered by the contract manufacturers are the factors favoring the electronic contract manufacturing design services market growth. Upsurge cost reduction pressure on OEMs coupled with the complexity of electronic products and decreased product lifecycles are also favoring the business growth in a positive direction.
Furthermore, the growing competition in the electronics sector, budding need for resource optimization, and the developing purchasing power of the consumer have been the key propeller of electronic contract manufacturing and design services market share during the last decade. In addition, the adoption of business strategies like new product development, collaborations, and partnerships, etc. is also aiding the market growth. For instance, in December 2020, Nuro received the first-ever permit to commercially deploy its self-driving vehicles in California. It opened the path to profitability in the emerging field of self-driving technology.
On the contrary, the rising issues related to the quality of the manufactured product coupled with the lack of control over the manufacturing process and quality concerns are likely to hamper the business growth. Furthermore, the outsourcing and research & development activities and the advancements in manufacturing facilities are likely to offer lucrative growth opportunities expanding the electronic contract manufacturing and design services market size globally. Moreover, the untapped potential in developing markets coupled with the variation in buyer preferences and growing need for wireless technology are also expected to favor industrial growth during the forecast years.
Key features of the study:
This proposed research study on the electronic contract manufacturing and design services market provides market size (US$ million), compound annual growth rate (CAGR %), and forecast estimation (2020-2027), considering 2019 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains an attractive investment proposition matrix for the electronic contract manufacturing and design services market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the electronic contract manufacturing and design services market
Impact of COVID-19 on electronic contract manufacturing and design services market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on the electronic contract manufacturing and design services market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the electronic contract manufacturing and design services market, we have also included a competitive landscape and key innovator analysis for the electronic contract manufacturing and design services market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate, and end-user's attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the electronic contract manufacturing and design services market.
In addition, the report also unveils the important acquisitions & mergers, collaborations & joint ventures, new product launches, research & development, regional expansion of major participants involved in the electronic contract manufacturing and design services market on the global as well as regional level.
The global electronic contract manufacturing and design services market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET KEY PLAYERS
Benchmark Electronics, Inc.
Celestica, Inc.
Compal Electronics, Inc.
Creating Technologies LP
Fabrinet
Flextronics International, Ltd.
Hon Hai Precision Industry Co., Ltd.
Jabil Circuit, Inc.
Plexus Corporation
Sanmina Corporation
Venture Corporation Limited
GLOBAL ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET, BY TYPE
Electronic Design & Engineering
Electronics Assembly
Electronic Manufacturing
Others
GLOBAL ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET, BY END-USE
Healthcare
Automotive
Industrial
Aerospace & Defense
IT & Telecom
Power & Energy
Consumer Electronics
Others
GLOBAL ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Singapore
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of MEA
TABLE OF CONTENT
1. Electronic Contract Manufacturing and Design Services Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Type
- 2.1.2. Market Snippet by End-Use
- 2.1.3. Market Snippet by Region
- 2.2. Competitive Insights
3. Electronic Contract Manufacturing and Design Services Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Electronic Contract Manufacturing and Design Services Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Electronic Contract Manufacturing and Design Services Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Electronic Contract Manufacturing and Design Services Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Electronic Contract Manufacturing and Design Services Market - By Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2020 & 2027 (%)
- 7.2. Electronic Design & Engineering
- 7.3. Electronics Assembly
- 7.4. Electronic Manufacturing
- 7.5. Others
8. Electronic Contract Manufacturing and Design Services Market - By End-Use
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By End-Use, 2020 & 2027 (%)
- 8.2. Healthcare
- 8.3. Automotive
- 8.4. Industrial
- 8.5. Aerospace & Defense
- 8.6. IT & Telecom
- 8.7. Power & Energy
- 8.8. Consumer Electronics
- 8.9. Others
9. Electronic Contract Manufacturing and Design Services Market- By Geography
- 9.1. Introduction
- 9.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 9.2. North America
- 9.2.1. Overview
- 9.2.2. Key Manufacturers in North America
- 9.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.2.4. North America Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.2.5. North America Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.2.6. U.S.
- 9.2.6.1. Overview
- 9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.2.6.3. U.S. Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.2.6.4. U.S. Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.2.7. Canada
- 9.2.7.1. Overview
- 9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.3. Europe
- 9.3.1. Overview
- 9.3.2. Key Manufacturers in Europe
- 9.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.3.4. Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.3.5. Europe Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.3.6. Germany
- 9.3.6.1. Overview
- 9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.6.3. Germany Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.3.6.4. Germany Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.3.7. Italy
- 9.3.7.1. Overview
- 9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.7.3. Italy Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.3.7.4. Italy Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.3.8. United Kingdom
- 9.3.8.1. Overview
- 9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.8.3. United Kingdom Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.3.8.4. United Kingdom Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.3.9. France
- 9.3.9.1. Overview
- 9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.9.3. France Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.3.9.4. France Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.3.10. Rest of Europe
- 9.3.10.1. Overview
- 9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.10.3. Rest of the Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.3.10.4. Rest of the Europe Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.4. Asia Pacific (APAC)
- 9.4.1. Overview
- 9.4.2. Key Manufacturers in Asia Pacific
- 9.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.4.4. Asia Pacific Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.4.5. Asia Pacific Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.4.6. India
- 9.4.6.1. Overview
- 9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.6.3. India Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.4.6.4. India Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.4.7. China
- 9.4.7.1. Overview
- 9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.7.3. China Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.4.7.4. China Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.4.8. Japan
- 9.4.8.1. Overview
- 9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.8.3. Japan Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.4.8.4. Japan Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.4.9. South Korea
- 9.4.9.1. Overview
- 9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.9.3. South Korea Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.4.9.4. South Korea Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.4.10. Rest of APAC
- 9.4.10.1. Overview
- 9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.10.3. Rest of APAC Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.4.10.4. Rest of APAC Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.5. Latin America
- 9.5.1. Overview
- 9.5.2. Key Manufacturers in Latin America
- 9.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.5.4. Latin America Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.5.5. Latin America Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.5.6. Brazil
- 9.5.6.1. Overview
- 9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.6.3. Brazil Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.5.6.4. Brazil Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.5.7. Mexico
- 9.5.7.1. Overview
- 9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.7.3. Mexico Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.5.7.4. Mexico Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.5.8. Argentina
- 9.5.8.1. Overview
- 9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.8.3. Argentina Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.5.8.4. Argentina Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.5.9. Rest of LATAM
- 9.5.9.1. Overview
- 9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.9.3. Rest of LATAM Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.5.9.4. Rest of LATAM Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.6. Middle East and Africa
- 9.6.1. Overview
- 9.6.2. Key Manufacturers in Middle East and Africa
- 9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.6.4. Middle East and Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.6.5. Middle East and Africa Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.6.6. Saudi Arabia
- 9.6.6.1. Overview
- 9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.6.6.3. Saudi Arabia Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.6.6.4. Saudi Arabia Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
- 9.6.7. United Arab Emirates
- 9.6.7.1. Overview
- 9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.6.7.3. United Arab Emirates Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 9.6.7.4. United Arab Emirates Market Size and Forecast, By End-Use, 2016 - 2027 (US$ Million)
10. Key Vendor Analysis
- 10.1. Competitive Dashboard
- 10.2. Company Profiles
- 10.2.1. Benchmark Electronics, Inc.
- 10.2.2. Celestica, Inc.
- 10.2.3. Compal Electronics, Inc.
- 10.2.4. Creating Technologies LP
- 10.2.5. Fabrinet
- 10.2.6. Flextronics International, Ltd.
- 10.2.7. Hon Hai Precision Industry Co., Ltd.
- 10.2.8. Jabil Circuit, Inc.
- 10.2.9. Plexus Corporation
- 10.2.10. Sanmina Corporation
- 10.2.11. Venture Corporation Limited
11. 360 Degree AnalystView
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us