$ 118.49 Billion Growth in Global Electronics Manufacturing Services Market 2020-2024 | Includes Insights and Key Highlights on Major Segments | Technavio

News provided by

Mar 04, 2021, 20:30 ET

NEW YORK, March 4, 2021 /PRNewswire/ -- The global electronics manufacturing services market size is expected to grow by USD 118.49 billion, progressing at a CAGR of over 4% during 2020-2024. The report identifies APAC as the key growth region and the region is expected to offer significant opportunities for vendors during the forecast period. Get a Free Sample Report Delivered Instantly

The increasing adoption of smart manufacturing is one of the major factors propelling the market growth. However, complex supply chain with shrinking margins might challenge growth.

Electronics Manufacturing Services Market by End-user and Geography - Forecast and Analysis 2020-2024

Global Electronics Manufacturing Services Market: End-user

Based on the end-user, the market witnessed maximum growth in the computing and consumer appliances segment. The segment is driven by the rising demand for consumer electronic devices such as smartphones, tablets, laptops, AR/VR devices, gaming consoles, and wearable devices. The market growth in this segment will be significant during the forecast period.

Global Electronics Manufacturing Services Market: Geographic Landscape

About 79% of the market's growth will originate from APAC during the forecast period. The growing economic activities and ongoing urbanization will be crucial in driving the growth of the electronics manufacturing services market in APAC. China, Taiwan, and India are the key markets for electronics manufacturing services in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Develop Smart Strategies for Your Business: Grab a Free Sample Report Now!

Related Reports on Information Technology Include:
Global Manufacturing Execution Systems Market - Global manufacturing execution systems market is segmented by geography (APAC, North America, Europe, MEA, and South America) and end-user (discrete industries and process industries). Get an Exclusive Free Sample Report

Global HMI Software Market - Global HMI software market is segmented by end-user (process industries and discrete industries), type (machine-level and supervisory), deployment (on-premise and cloud-based), and geography (North America, Europe, APAC, MEA, and South America). Get an Exclusive Free Sample Report

Companies Covered

Benchmark Electronics Inc.
Celestica Inc.
Creation Technologies LLC
ESCATEC Sdn. Bhd.
Flex Ltd.
Hon Hai Precision Industry Co. Ltd.
Jabil Inc.
Plexus Corp.
Sanmina Corp.
Venture Corp. Ltd.

What our reports offer:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2020, 2021, till 2025
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Electronics Manufacturing Services Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist in electronics manufacturing services market growth during the next five years
Estimation of the electronics manufacturing services market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the electronics manufacturing services market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of electronics manufacturing services market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface
2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Value chain analysis
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2019
Market outlook
Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

Market segmentation by end-user
Comparison by end-user
Computing and consumer appliances - Market size and forecast 2019-2024
Telecommunication - Market size and forecast 2019-2024
Industrial - Market size and forecast 2019-2024
Automotive - Market size and forecast 2019-2024
Healthcare - Market size and forecast 2019-2024
Other end-users - Market size and forecast 2019-2024
Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 12: MARKET TRENDS

Increasing penetration of big data analytics in manufacturing industry
Advent of collaborative robots for assembly and testing
Advent of integrated Industry 4.0 with IoT

PART 13: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 14: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
Benchmark Electronics Inc.
Celestica Inc.
Creation Technologies LLC
ESCATEC Sdn. Bhd.
Flex Ltd.
Hon Hai Precision Industry Co. Ltd.
Jabil Inc.
Plexus Corp.
Sanmina Corp.
Venture Corp. Ltd.

PART 15: APPENDIX

Research methodology
List of abbreviations
Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio