EMS and ODM Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027
The EMS and ODM stands for Electronics
Manufacturing Services and Original Design Manufacturer. The Electronic
Manufacturing Services are provided by companies that render services like
designing, assembling, manufacturing and distributing the final approved
product. Whereas, an Original Design Manufacturer is an organization which
designs, manufactures and distributes products under the specification given by
other firms.
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The Global EMS and ODM Market stood at a
steady rate with an estimated value of $574.10 billion in 2020 and is projected
to reach $750.14 billion by 2027. The market is anticipated to grow at a CAGR
of 4.26% during the forecast period 2021-2027. The expansion of the
semiconductor sector on a wide scale and the increasing demand for consumer
electronic products are major factors that are driving the growth of the Global
EMS and ODM market in the forecast period. With increase in demand for consumer
electronics such as laptops, television, computers, tablets etc., due to
entertainment or communication purposes, the global EMS and ODM market is
expected to register an excellent growth. Additionally, the expansion of the
semiconductor sector on a wide scale is witnessing a foremost prospective for
the market growth during the forecast period.
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Meanwhile, the strategies acquired by
market players are improving their profitability. Moreover, they look out for
the expansion of EMS and ODM around the market sectors like industrial,
automobiles, medical and pharmaceutical sectors. Along with this, some market
players such as Sanmina Corp., Zollner Elektronik AG, Foxconn Technology Co.
Ltd., adopt strategies to sustain market growth in EMS and ODM. Developing a
new product line, manufacturing and development of innovative production
processes, integration of innovation in existing products and establishing a partnership
and collaboration with exceeding market players are some strategies adopted by
market players to expand their base in untapped markets, and these are expected
to significantly impact the growth of the Global EMS and ODM Market.
Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
type
o By
Application
·
Competitive Landscape- HONHAI, Pegtron,
Luxshare, Sanmina, USI, PLEXUS and MiTAC and others.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in
base year?
·
Which segment and region will project fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
EMS and ODM Market Report Segment
By
Type
·
EMS
·
ODM
By
Application
·
Computers
·
Consumer Devices
·
Servers and Storage
·
Networking
·
Emerging
·
Others
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EMS and ODM Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
HONHAI
·
Pegtron
·
Luxshare
·
Sanmina
·
USI
·
PLEXUS
·
MiTAC
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