Report Highlights
The global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.2% from 2023 through 2028.
This report includes:
- 37 data tables and 23 additional tables
- An overview and analysis of the global market for electronics contract manufacturing and design services within the electronics industry ecosystem
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, 2026, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the actual market size and revenue forecast for the global market, and corresponding market share analysis by type, application provider and region
- In-depth information (facts and figures) pertaining to the market drivers, challenges, opportunities and prospects, as well as upcoming technologies, regulatory scenarios and the impact of COVID-19
- An industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on OEM manufacturers, raw materials suppliers and the major types of end users
- Analysis of market growth opportunities with a holistic review of Porter’s Five Forces and PESTLE analyses, taking into consideration the prevailing micro- and macroeconomic factors in the market
- A look at the major vendors in the global market for electronics contract manufacturing and design services, along with an analysis of the industry structure, including market shares and recent mergers and acquisitions (M&A) activity
- Insight into the importance of ESG in the global market, including consumer attitudes, risks and opportunities assessment, and ESG practices followed by manufacturers and service providers
- Identification of the major stakeholders and an analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Profiles of the leading market players, including Analog Devices Inc., Texas Instruments Inc., STMicroelectronics, and Hon Hai Precision Industry Co. Ltd.
Report Scope
The scope of this report includes an overview of the global electronics contract manufacturing (ECM) and design services market as well as an analysis of this global market’s trends. The report considers 2022 to be the base year for its data, and it provides estimates and CAGR projections for the forecast period from 2023 through 2028. Revenue forecasts for this period are segmented based on application provider, type, application, and geography.
The report also offers an in-depth analysis of the competitive landscape within the ECM and design services market, focusing on the key dynamics that drive success. It examines critical factors such as research and development capabilities, market presence, brand strength and the influence of ecosystems and partnerships. Additionally, the report assesses the impact of the COVID-19 pandemic on the market, considering the challenges and opportunities that have emerged as a result.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Base year considered | 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Base year market size | $502.7 billion | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market size forecast | $847.2 billion | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Growth rate | CAGR of 9.2% for the forecast period of 2023-2028 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Units considered | $ Billions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segments covered | Application Provider, Type, Application, and Region | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- By Application Provider.
- By Type.
- By Application.
- By Region.
Analyst Credentials
Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.
Report Highlights
The global electronics contract manufacturing (ECM) services market should reach $897 billion by 2026 from $602.5 billion in 2021 at a compound annual growth rate (CAGR) of 8.3% for the forecast period of 2021 to 2026.
Report Includes
- 149 data tables and 20 additional tables
- An overview of the latest situation and global markets for electronic contract manufacturing and design services
- Estimation of the market size and analyses of global market trends, with data from 2019, estimates for 2020 and 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the new technological developments in the industry, and identification of the areas where growth and improvement are needed
- A look at the regional activities in electronic contract manufacturing and design services, and details of the suppliers/contractors who are involved in electronic contract manufacturing activities
- Market share analysis of the key companies of the industry, their strategic profiling, their competitive landscape and their company profiles, including Actia Group SA, Hon Hai Precision Industry, Pegatron Corp., Sparton Corp., TTM Technologies, Inc. and Universal Scientific Industrial Co., Ltd.
Report Highlights
The global market for electronics contract manufacturing (ECM) services should total $515.6 billion in 2015, and reach nearly $561.2 billion by 2016 and $845.8 billion by 2021, with a five-year compound annual growth rate (CAGR) of 8.6% from 2016-2021.
Report Includes
- An overview of the global markets for electronics contract manufacturing services.
- Analyses of global market trends, with estimates for 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Discussion covering electronics contract manufacturing services operations which may include designing, manufacturing, testing, distributing, and providing repair services for electronic assemblies required by original equipment manufacturers (OEMs).
- Insight into the market's dynamics, including drivers, restraints, and opportunities.
- A look at how suppliers are aiming to reduce the total cost of the manufacturing process.
- Comprehensive company profiles of major players and others relevant to the industry.
Report Highlights
The global market for electronics contract manufacturing (ECM) was valued at $410 billion in 2011, and is projected to reach $435 billion in 2013 and $670 billion in 2018, a five-year compound annual growth rate (CAGR) of 9% from 2013-2018.
Report Highlights
This Report:
- The global market for electronics contract manufacturing technologies was worth $321.0 billion in 2008. This is expected to reach $345.0 billion in 2009 and $519.0 billion in 2013, for a compound annual growth rate (CAGR) of 8.5%.
- Computers and telecommunications applications have the largest share of the market, generating $207.0 billion in 2008. This is expected to reach $225.0 billion in 2009 and $352.0 billion in 2013, for a CAGR of 9.4%.
- Consumer and industrial electronics applications have the second largest market share, worth $92.0 billion in 2008. This is expected to reach $96.5 billion in 2009 and grow at a CAGR of 7.2% to reach $136.7 billion in 2013.
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