Electronic Manufacturing Services Market Size, Share, Opportunities, And Trends By Service (Design & Engineering, Manufacturing, Assembly, Testing, Others), By End-User (Healthcare, Aerospace and Defence, Automotive, Telecom and IT, Consumer Electronics, Others), And By Geography - Forecasts from 2025 to 2030
- Published : Mar 2025
- Report Code : KSI061612785
- Pages : 156
Electronic Manufacturing Services Market Size:
The electronic manufacturing services market, valued at US$946.899 billion in 2030 from US$767.872 billion in 2025, is projected to grow at a CAGR of 4.28% through 2030.
The market’s growth in the coming years is anticipated due to the rise in electric vehicles, cost reduction in the manufacturing process, and boosting R&D investments. Further, the continued growth of connectivity products like gaming, audio, wearables, and virtual reality drives demand for electronics manufacturing services (EMS) in consumer electronics. Significant investments in semiconductor industries are also projected to support the market growth. For instance, global semiconductor sales in June 2024 totaled $50.0 billion, representing an 18.3% growth.
Electronic Manufacturing Services Market Overview & Scope:
The electronic manufacturing services market is segmented by:
- Service: The electronic manufacturing services market by service is segmented into design & engineering, manufacturing, assembly, testing, and others. The increasing demand for product innovation and manufacturing design is fueling the high demand for engineering services within the market. The rising emphasis on innovation and technological advances increases the demand for special engineering services. Moreover, demand for engineering services will be further increased by the demand for quicker product development with a shorter cycle, thus increasing potential.
- End-User: The end-user is segmented into healthcare, aerospace and defence, automotive, telecom and IT, consumer electronics, and others. Companies offer services of manufacturing, testing, designing, and repairing either electronic components or assemblies for OEMs. Electronic manufacturing can be applied in various industries across the global market, augmenting widespread adoption across industry verticals. Further, the consumer electronics market is estimated to hold a significant share, while the automotive category is estimated to grow rapidly during the forecast period.
- Region: The North American electronic manufacturing services market will expand throughout the forecast period to attain a notable market size by the end of the forecast period.
Top Trends Shaping the Electronic Manufacturing Services Market:
1. Rising EV Sales
- The market is expected to surge in the coming years due to the rising sales and number of electric vehicles worldwide. The electrification of the automobile has been one of the most disruptive and innovative changes in the automobile sector globally. In the transition towards complete electrification, auto producers and manufacturers have been matching the pace in innovation and advances in component and technical capabilities. This has given rise to the demand for advancement in EMS in electronic component manufacturing and processing, developing electronics in the automotive industry to be more reliable, cost-efficient, and smaller.
2. Increasing Demand for Smart Devices
- One of the major drivers boosting the EMS market forward is the growing demand for smart devices and Internet of Things (IoT) technology. The rising users' demand for EMS services in connected devices, such as wearables, personal electronics, and home automation, contributes to this growing demand. The trend is accelerating in the industrial sector with the integration of IoT solutions.
Electronic Manufacturing Services Market Growth Drivers vs. Challenges:
Opportunities:
- LED Technology Adoption: The EMS global market is also witnessing a strong trend of awareness of e-waste recycling driven by regulatory actions, environmental concerns, and growing comprehension of the impact of the ecosystem on electronic waste. Electronic waste has dramatically increased with the rapid rise in electronic consumption, causing severe environmental problems. Hence, governments and international organizations have implemented laws to address the effects of electronic waste on the environment. Therefore, manufacturing companies must adopt ecologically friendly procedures for properly handling and recycling electronic devices.
Challenges:
- Lack of IP Rights: The violation and lack of protection of intellectual property rights severely hamper the global market for electronic manufacturing services. The problem affects the EMS market growth in many ways, such as influencing industry trust, innovation, and competitiveness. IP rights violations facilitate the spread of fake electronic goods and parts.
Electronic Manufacturing Services Market Regional Analysis:
- North America: The increasing demand for electronics in the country is further facilitating the North American market growth. Moreover, increasing services provided by the key market players are propelling OEMs' wide adoption of contractual services to increase their focus on core operations and further invest in improving their productivity.
Electronic Manufacturing Services Market Competitive Landscape:
The market is fragmented, with many notable players, including Benchmark Electronics, Flex Ltd., Plexus Corp, and Jabil Inc., among others:
- Launch: ROHM created surface mount SiC Schottky barrier diodes (SBDs) in November 2024. By extending the creepage distance between terminals, SBDs increase insulation resistance.
- Expansion: In November 2024, Shindengen Electric Manufacturing increased the number of products in its SLSBD series. This product helps reduce loss and miniaturize automotive ECUs by suppressing thermal runaway and reducing leakage current by about 99%?1 compared to the conventional products.
Electronic Manufacturing Services Market Scope:
Report Metric | Details |
Electronic Manufacturing Services Market Size in 2025 | US$767.872 billion |
Electronic Manufacturing Services Market Size in 2030 | US$946.899 billion |
Growth Rate | CAGR of 4.28% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Electronic Manufacturing Services Market |
|
Customization Scope | Free report customization with purchase |
The Electronic Manufacturing Services Market is analyzed into the following segments:
By Service
- Design & Engineering
- Manufacturing
- Assembly
- Testing
- Others
By End-User
- Healthcare
- Aerospace & Defense
- Automotive
- Telecom & IT
- Consumer Electronics
- Others
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Our Best-Performing Industry Reports:
Frequently Asked Questions (FAQs)
The electronic manufacturing services market is expected to reach a total market size of US$946.899 billion by 2030.
Electronic Manufacturing Services Market is valued at US$767.872 billion in 2025.
The electronic manufacturing services market is expected to grow at a CAGR of 4.28% during the forecast period.
The electronic manufacturing services market is expected to surge in the coming years due to the rise in the number of electric vehicles, cost reduction in the manufacturing process, and increasing investments in R&D.
The North American region is anticipated to hold a significant share of the electronic manufacturing services market.
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. ELECTRONIC MANUFACTURING SERVICES MARKET BY SERVICE
5.1. Introduction
5.2. Design & Engineering
5.3. Manufacturing
5.4. Assembly
5.5. Testing
5.6. Others
6. ELECTRONIC MANUFACTURING SERVICES MARKET BY END-USER
6.1. Introduction
6.2. Healthcare
6.3. Aerospace & Defense
6.4. Automotive
6.5. Telecom & IT
6.6. Consumer Electronics
6.7. Others
7. ELECTRONIC MANUFACTURING SERVICES MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. By Service
7.2.2. By End-User
7.2.3. By Country
7.2.3.1. USA
7.2.3.2. Canada
7.2.3.3. Mexico
7.3. South America
7.3.1. By Service
7.3.2. By End-User
7.3.3. By Country
7.3.3.1. Brazil
7.3.3.2. Argentina
7.3.3.3. Others
7.4. Europe
7.4.1. By Service
7.4.2. By End-User
7.4.3. By Country
7.4.3.1. Germany
7.4.3.2. France
7.4.3.3. United Kingdom
7.4.3.4. Spain
7.4.3.5. Others
7.5. Middle East and Africa
7.5.1. By Service
7.5.2. By End-User
7.5.3. By Country
7.5.3.1. Saudi Arabia
7.5.3.2. UAE
7.5.3.3. Israel
7.5.3.4. Others
7.6. Asia Pacific
7.6.1. By Service
7.6.2. By End-User
7.6.3. By Country
7.6.3.1. China
7.6.3.2. Japan
7.6.3.3. India
7.6.3.4. South Korea
7.6.3.5. Indonesia
7.6.3.6. Taiwan
7.6.3.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Benchmark Electronics
9.2. Flex Ltd.
9.3. Plexus Corp.
9.4. Jabil Inc.
9.5. Celestica Inc.
9.6. Compal Inc.
9.7. Creation Technologies
9.8. Foxconn Electronics Inc.
9.9. Sanmina Corporation
9.10. Venture Corporation Limited
10. APPENDIX
10.1. Currency
10.2. Assumptions
10.3. Base and Forecast Years Timeline
10.4. Key Benefits for the Stakeholders
10.5. Research Methodology
10.6. Abbreviations
Benchmark Electronics
Flex Ltd.
Plexus Corp.
Jabil Inc.
Celestica Inc.
Compal Inc.
Creation Technologies
Foxconn Electronics Inc.
Sanmina Corporation
Venture Corporation Limited
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Medical Electronics Market Forecast 2025-2030 | Free Sample | Jul 2024 | |
Printed Electronics Market Size & Forecast 2030 | Free Sample | Mar 2025 | |
Semiconductor Manufacturing Material Market 2028 | Free Sample | Nov 2023 | |
Telecom Electronics Manufacturing Services (EMS) Market: 2023–2028 | Oct 2023 | |
Testing Equipment And Services Market, 2025-2030 | Free Sample | Jan 2025 |