Global Electronic Manufacturing Service
Market Report
2025
The Global Electronic Manufacturing Services market will be USD 505.5 billion in 2023 and expand at a compound yearly growth rate (CAGR) of 7.50% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The global Electronic Manufacturing Services market will be USD 505.5 billion in 2023 and expand at a compound yearly growth rate (CAGR) of 7.50% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Electronic Manufacturing Service Market Sales Revenue | 121212 | 121212 | 121212 | 7.5% |
North America Electronic Manufacturing Service Market Sales Revenue | 121212 | 121212 | 121212 | 5.6% |
Europe Electronic Manufacturing Service Market Sales Revenue | 121212 | 121212 | 121212 | 5.8% |
Asia Pacific Electronic Manufacturing Service Market Sales Revenue | 121212 | 121212 | 121212 | 8.9% |
South America Electronic Manufacturing Service Market Sales Revenue | 121212 | 121212 | 121212 | 8.9% |
Middle East Electronic Manufacturing Service Market Sales Revenue | 121212 | 121212 | 121212 | 7.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Service Type |
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Market Split by Application |
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Market Split by Product Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Report scope is customizable as we have a huge database of Electronic Manufacturing Service industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Electronic Manufacturing Service Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The factors speculated to be driving the market growth for electronic manufacturing services include the globalization of the digital revolution, which is to blame for the rise in demand for printed circuit boards (PCB) in various arenas and the consequent rise in the number of PCB manufacturers globally. These strategies help key players capture a significant market share and compete in the dynamic Electronic Manufacturing Services market.
The global electronic manufacturing services (EMS) market is experiencing a notable shift as the adoption of greener electronic devices gains momentum. With a growing emphasis on sustainability, manufacturers increasingly incorporate eco-friendly practices in producing electronic goods. The trend is driven by consumer demand for environmentally responsible products. EMS providers adapt to this paradigm, offering services aligned with green manufacturing principles. As the market prioritizes sustainability, the increased adoption of greener electronic devices is expected to provide a viable and promising output for the Electronic Manufacturing Services sector. For instance, in April 2021, the Asia Pacific region was the largest semiconductor market, accounting for approximately 60% of global semiconductor sales, with China alone accounting for more than 30%. (Source:www.meity.gov.in/writereaddata/files/Semiconductor06April11_020511.pdf)
The global electronic manufacturing services (EMS) market is poised for growth, fueled by the expanding automobile industry. With an increasing focus on electronic components in vehicles, EMS providers play a pivotal role in meeting the rising demand for advanced automotive electronics. As automotive manufacturers embrace smart technologies, electric vehicles, and connectivity features, the demand for EMS is set to surge. EMS companies contribute to producing complex electronic systems in vehicles, further driving market expansion. This symbiotic relationship between the EMS sector and the growing automotive industry positions the market for significant growth opportunities in the foreseeable future. For instance, in March 2021, Plexus Corp. announced plans to build a manufacturing facility in Bangkok, Thailand, covering an area of 400,000 square feet. The facility will consist of two levels for production and warehousing, along with four levels for office space. (Source:www.plexus.com/en-us/news/plexus-announces-construction-of-a-manufacturing-f)
The global Electronic Manufacturing Services (EMS) market faces potential growth constraints due to violations and a need for intellectual property (I.P.) rights. IP infringement poses challenges for EMS providers, leading to legal complexities and hindering innovation. Violations and insufficient protection of intellectual property rights impact profitability and deter investment in research and development. Addressing these issues is crucial for sustained growth in the EMS sector, fostering an environment that encourages innovation, protects intellectual property, and ensures fair competition within the global electronic manufacturing landscape.
By leveraging new materials and manufacturing processes, biodegradable electronics can reduce electronic waste and minimize environmental impact. This can be particularly valuable in applications where electronics are used in disposable or single-use products, such as in packaging or medical devices. The potential benefits of biodegradable electronics manufacturing extend beyond just environmental sustainability. By developing new materials and manufacturing processes, electronic manufacturing services can also create new business opportunities and revenue streams. As the demand for sustainable and eco-friendly products continues to grow, the development of biodegradable electronics manufacturing is an area that warrants further exploration and investment.
Impact of COVID–19 on the Electronic Manufacturing Service Market
The global electronic manufacturing services (EMS) market faced significant disruptions due to the COVID-19 pandemic, impacting supply chains, production schedules, and demand. Lockdowns, travel restrictions, and component shortages disrupted manufacturing operations, leading to delays and increased costs. However, the crisis also accelerated digital transformation, emphasizing the need for strong and flexible supply chains. EMS providers adapted by implementing remote work, enhancing automation, and diversifying sourcing strategies. As the world recovers, the EMS market is poised for growth, with increased emphasis on agility and technological innovation in response to lessons learned from the pandemic's impact on the electronics manufacturing sector.
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In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
The global electronic manufacturing services (EMS) market features intense competition with major players vying for market share. The industry leaders leverage their extensive global footprints, technological expertise, and supply chain capabilities to attract diverse clients across sectors. Intense competition fosters innovation, cost efficiency, and customized solutions, making the EMS market dynamic and responsive to evolving technological trends and client demands.
(Source:electronicsera.in/creation-technologies-signs-strategic-partnership-agreement-with-l3harris/)
Top Companies Market Share in Electronic Manufacturing Service Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2023. It accounted for around 36% of the global revenue, owing to the robust electronics manufacturing ecosystem, with key players in countries like China, Taiwan, and South Korea. These nations benefit from a skilled workforce, advanced infrastructure, and favorable government policies, making APAC a hub for electronic production. The region's cost-effectiveness and supply chain efficiency further contribute to its leading position.
Conversely, Europe stands out as the fastest-growing region in the EMS market. The increasing demand for electronics, driven by technological advancements and the integration of smart technologies, fuels the growth. European countries prioritize innovation and sustainability, prompting a surge in outsourcing electronic manufacturing services. The region's stringent quality standards and regulations also drive the need for specialized EMS providers. As a result, Europe experiences accelerated growth in the electronic manufacturing services market, creating opportunities for companies to establish a strong presence and cater to the rising demand for electronic products in the region.
The current report Scope analyzes Electronic Manufacturing Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, North America held the major market share in 2023. It accounted for a CAGR of 5.6% and more than 30% of the global revenue due to the region's robust technology sector and the outsourcing trend in electronics manufacturing. North America's EMS industry provides end-to-end solutions, including design, assembly, and testing, catering to diverse sectors like consumer electronics, automotive, and healthcare. The dominating segment in the North American market involves high-complexity electronics, where EMS providers offer specialized manufacturing services for intricate electronic components and devices. As companies seek cost-effective and scalable solutions, the North American EMS market continues to grow. In conclusion, North America's EMS market exemplifies a strategic nexus of technological advancements and outsourcing dynamics. The dominating segment's focus on high-complexity electronics positions the region as a key player in the global EMS landscape, offering ample opportunities for innovation and collaboration within the electronics manufacturing sector.
According to Cognitive Market Research, the European Electronic Manufacturing Services market accounted for a CAGR of 5.8%approximately 25% of the global revenue due to the region's advanced technological landscape and robust manufacturing capabilities. Europe's EMS sector is a vital hub for diverse industries, including automotive, aerospace, and consumer electronics. The dominating segment in the European market encompasses automotive electronics manufacturing, driven by the region's leading automotive industry and the increasing integration of electronic components in vehicles. As the demand for customized electronic solutions rises, European EMS providers play a pivotal role in supporting innovation and rapid product development. In conclusion, the European Electronic Manufacturing Services market showcases a dynamic landscape deeply embedded in the continent's industrial fabric. The dominating focus on automotive electronics underscores the sector's strategic importance in advancing technology and fostering economic growth, positioning Europe as a key player in the global EMS market.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for a CAGR of 8.9% and more than 36% of the global revenue due to the robust manufacturing ecosystem, cost advantages, and technological expertise. The region is a manufacturing hub for various electronic products, from consumer electronics to industrial components. The dominating segment in the Asia Pacific includes contract manufacturing services for consumer electronics, as the demand for smartphones, laptops, and other gadgets remains high. In conclusion, Asia Pacific's dominance in the global EMS market is driven by its manufacturing prowess, cost efficiency, and technological capabilities, positioning the region as a key player in the electronic manufacturing landscape with continued growth prospects.
According to Cognitive Market Research, Latin America accounted for a CAGR of 8.9% and more than 5% of the global Electronic Manufacturing Services revenue in 2023 due to the region's expanding electronics industry and the outsourcing trend among original equipment manufacturers (OEMs). Latin America's increasing demand for consumer electronics, automotive electronics, and industrial applications fuels the need for EMS providers. The dominating segment in the Latin American market includes PCB assembly and testing services, as manufacturers seek specialized expertise for complex electronic components. As the region's manufacturing ecosystem evolves, the EMS market in Latin America is expected to witness continued growth. In conclusion, Latin America's Electronic Manufacturing Services market mirrors the global trend of outsourcing in the electronics industry. The dominating focus on PCB assembly and testing services underscores the importance of specialized manufacturing capabilities, offering substantial opportunities for EMS providers to play a pivotal role in the region's dynamic and expanding electronics sector.
According to Cognitive Market Research, the Middle East and Africa accounted for a CAGR of 7.3% and more than 4% of the global revenue in 2023 due to increased outsourcing of electronic production and the growing demand for electronics. MEA's burgeoning consumer electronics and automotive industries drive the need for EMS providers. The dominating segment in the MEA market includes contract manufacturing services for consumer electronics and telecommunications equipment. As the region aims for technological advancements and innovation, outsourcing electronic manufacturing services becomes pivotal. In conclusion, the MEA Electronic Manufacturing Services market reflects the region's reliance on external expertise to meet the rising demand for electronic products. The dominating segment's focus on contract manufacturing for consumer electronics and telecommunications underscores the strategic role of EMS providers in supporting MEA's technological progress and industrial growth, offering substantial opportunities for collaboration and market expansion.
Global Electronic Manufacturing Service Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electronic Manufacturing Service Industry growth. Electronic Manufacturing Service market has been segmented with the help of its Service Type, Application Product Type, and others. Electronic Manufacturing Service market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The segment includes producing electronic components and devices, from printed circuit board (PCB) assembly to full system integration. Contract manufacturers offer services to original equipment manufacturers (OEMs) for the efficient and cost-effective production of electronic products. The demand for high-quality, scalable, and technologically advanced manufacturing solutions is driving the growth of this segment.
In the Engineering Services segment, EMS providers offer product design, prototyping, testing, and supply chain management services. This segment focuses on providing comprehensive solutions to clients, from the approach phase to the final product. It caters to the increasing need for innovation, customization, and rapid time-to-market in the electronics industry.
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The global Electronic Manufacturing Services (EMS) market is experiencing substantial growth, driven by diverse segments, with Consumer Electronics and Industrial sectors playing pivotal roles. In the Consumer Electronics segment, EMS providers are crucial in designing, manufacturing, and assembling electronic components for devices such as smartphones, laptops, and wearable gadgets. The demand for cutting-edge technology and shorter product life cycles in consumer electronics contributes to a robust EMS market presence.
Simultaneously, the Industrial segment is a key driver, as industries increasingly rely on EMS to produce specialized electronic components and equipment. It includes manufacturing automation systems, control panels, and machinery components. EMS providers offer tailored solutions for the unique requirements of industrial clients, including precision engineering and adherence to stringent quality standards.
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PCBs are a crucial segment in the EMS market, representing the foundation for electronic devices. The demand for PCBs continues to rise with the proliferation of electronic products across industries. PCBs are integral to electronic manufacturing, from consumer electronics to automotive and healthcare devices. Advanced technologies like multi-layered PCBs, flexible PCBs, and high-density interconnects contribute to the growth of this segment. EMS providers specializing in PCB assembly and fabrication play an important role in meeting the diverse requirements of the electronics industry.
SiP is an advanced packaging technology integrating multiple functional components into a single module. This segment is gaining prominence due to its ability to enhance miniaturization, improve performance, and streamline manufacturing. SiP is widely utilized in applications like mobile devices, wearables, and loT devices where space efficiency and high performance are critical. EMS providers specializing in SiP offer comprehensive solutions, including design, assembly, and testing, catering to the increasing demand for compact and powerful electronic devices.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Electronic Manufacturing Service Market is witnessing significant growth in the near future.
In 2023, the Electronics Manufacturing Engineering Services segment accounted for noticeable share of global Electronic Manufacturing Service Market and is projected to experience significant growth in the near future.
The Consumer Electronics segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sanmina Corporation (U.S.) , Benchmark Electronics Inc. (U.S.) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Service Type | Electronics Manufacturing Engineering Services, Test & Development, Implementation, Logistics Services |
Application | Consumer Electronics, Industrial, Medical and Instrumentation, Aerospace & Defense, IT & Telecom, Automotive, Semiconductor Manufacturing, Robotic |
Product Type | Printed Circuit Board, System-in-Package , Integrated Circuit |
List of Competitors | Sanmina Corporation (U.S.), Hon Hai Precision Industry Co. Ltd (Foxconn) (Taiwan), Benchmark Electronics Inc. (U.S.), Flex LU.S(Singapore), Jabil Inc. (U.S.), CelestU.S Inc. (Canada), Wistron Corporation (Taiwan), Plexus Corporation (U.S.) FabrinU.S(Thailand), COMPAL Inc. (Taiwan) |
This chapter will help you gain GLOBAL Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review Global Electronic Manufacturing Service Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review North America Electronic Manufacturing Service Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review Europe Electronic Manufacturing Service Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review Asia Pacific Electronic Manufacturing Service Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review South America Electronic Manufacturing Service Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review Middle East Electronic Manufacturing Service Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Electronic Manufacturing Service. Further deep in this chapter, you will be able to review Middle East Electronic Manufacturing Service Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Electronic Manufacturing Service. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Service Type Analysis 2019 -2031, will provide market size split by Service Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Service Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Product Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Electronic Manufacturing Service market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Electronics Manufacturing Engineering Services have a significant impact on Electronic Manufacturing Service market? |
What are the key factors affecting the Electronics Manufacturing Engineering Services and Test & Development of Electronic Manufacturing Service Market? |
What is the CAGR/Growth Rate of Consumer Electronics during the forecast period? |
By type, which segment accounted for largest share of the global Electronic Manufacturing Service Market? |
Which region is expected to dominate the global Electronic Manufacturing Service Market within the forecast period? |
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Service Level Customization |
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