EMS and ODM Global Market Report 2022: Consistent Demand for Consumer Electronics to Continue Presenting Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Oct 28, 2022--

The "EMS and ODM - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global EMS and ODM Market to Reach $1 Trillion by 2027

Amid the COVID-19 crisis, the global market for EMS and ODM estimated at US$588.7 Billion in the year 2020, is projected to reach a revised size of US$1 Trillion by 2027, growing at a CAGR of 8.5% over the period 2020-2027. EMS, one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$759.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Odm segment is readjusted to a revised 7.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $55.8 Billion, While China is Forecast to Grow at 9.5% CAGR

The EMS and ODM market in the U.S. is estimated at US$55.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$402.1 Billion by the year 2027 trailing a CAGR of 9.5% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 7.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.

Select Competitors (Total 242 Featured)

• Compal Electronics, Inc.
• Flex Ltd.
• Hon Hai Precision Industry Co. Ltd. (Foxconn)- Inventec Corporation
• Jabil Inc.
• New Kinpo Group
• Pegatron Corporation
• Quanta Computer, Inc.
• Sanmina Corporation
• Shenzhen Kaifa Technology Co., Ltd.
• UMC Electronics Co., Ltd.
• Universal Scientific Industrial (Shanghai) Co., Ltd.
• Venture Corporation Limited
• Wistron Corporation
• Zollner Elektronik AG

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Consistent Demand for Consumer Electronics to Continue Presenting Opportunities for the EMS & ODM Market
• Surging Sales of Mobile Devices: A Promising Growth Sector for the Market
• Rising Importance of Healthcare Electronics to Fuel Market Growth
• Medical Electronic Manufacturing Services Providers Witness Increased Opportunities
• Growth in Vehicle Electronification and Rise in Demand for Automotive Electronics, Driving EMS and ODM Market
• Recovery in Car Sales to Shore Up Demand for Auto Electronic Components, Presenting Opportunities for EMS Market
• Amidst Climate Change Concerns, the Inevitable Shift Towards Electric Vehicles Enhances Importance of EMS Companies
• Boom in Connected and Autonomous Vehicles Presents Opportunities for EMS Market
• Autonomous Vehicles Commercialization & Technology Penetration Timeline
• Shift towards Industry 4.0 Drives Need for Changes in Operations of EMS Companies
• Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
• Expanding IoT Ecosystem Creates Growth Opportunities for EMS and ODM Market
• Rising Penetration of Big Data Analytics in EMS Industry
• Emerging Technologies Revolutionize EMS and ODM Market
• AI and ML for Electronics Manufacturing Supply Chain
• Impact of Major Technological Trends on the EMS and ODM Market
• Notable Trends in the Global EMS Market
• Significant EMS Adoption in Electronics Design and Engineering Services Space
• Telecom Electronics Manufacturing Services (EMS) Market: An Overview

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ycozgf

View source version on businesswire.com:https://www.businesswire.com/news/home/20221028005229/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER MANUFACTURING MANUFACTURING CONSUMER ELECTRONICS

SOURCE: Research and Markets

Copyright Business Wire 2022.