Global EMS-ODM Market growing at a CAGR of 8.7% from 2023 to 2031
Category : Semiconductor And Electronics | Published Date : Oct 2023 | Type : Press Release
Key Market Overview
The Global EMS-ODM Market was valued at USD 563.72 Billion in 2022, projected to grow by USD 599.43 Billion in 2023, and is expected to register a compound annual growth rate of 8.7% to reach USD 1,164.62 Billion in 2031.
The report highlights the increasing adoption of EMS-ODM in consumer electronics, automotive, IT & telecommunication, and other sectors. Consegic Business Intelligence provides an inclusive research report on the EMS-ODM market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global EMS-ODM Market By Overview
The report analyses significant segments such as type, enterprise size, application, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of electronic manufacturing services (EMS) in consumer electronics, automotive, IT & telecommunication, and other industries. Moreover, the rising prevalence of original design manufacturer (ODM) serving multiple industrial sectors is expected to drive the market growth during the forecast period.
Get Free SampleMarket Dynamics
Driver:
- Rising demand for consumer electronics is driving the market growth.
- Growing automotive sector is spurring the market growth.
Restraints:
- Limitations and operational challenges associated with EMS-ODM is restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Electronic Manufacturing Service (EMS) and Original Design Manufacturer (ODM) |
| By Enterprise Size | Large Enterprise and Small & Medium Enterprise |
| By Application | Electronic Devices, Servers and Storage, Networking, Medical Instruments, and Others |
| By End-User | Consumer Electronics, IT & Telecommunication, Medical, Automotive, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global EMS-ODM market is highly competitive due to the presence of major players such as Sanmina Corporation, Jabil Inc., Kinpo Group, UMC Electronics Co. Ltd., Zoliner Elektronik AG, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in EMS-ODM market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- Sanmina Corporation
- Jabil Inc.
- Flex Engineering Services
- UMC Electronics Co. Ltd.
- Zoliner Elektronik AG
- Shenzhen Kaifa Technology Co. Ltd.
- Universal Scientific Industrial Co. Ltd.
- Kinpo Group
- Foxconn Hon Hai Technology Group
- Qisda Corporation
