Telecom Electronic Manufacturing Services (EMS) Market

Market Overview:

The global telecom electronic manufacturing services (EMS) market is expected to exhibit a growth rate (CAGR) of 6.1% during 2023-2028.

Telecom electronic manufacturing services (EMS) refer to the subcontracting services offered to telecom equipment manufacturers. They include manufacturing, designing, distributing, testing and returning or repairing electronic components, printed circuit boards (PCB) and other assemblies for the original equipment manufacturers (OEM). These services are commonly utilized as a supplement to or a replacement of company-owned manufacturing operations. They offer various benefits to the manufacturers, such as quick product launch to the market, access to high-end logistics and cutting-edge technology and a substantial reduction in the overall capital investments. 

Telecom Electronic Manufacturing Services (EMS) Market Trends:

Significant growth in the telecommunications industry and the rapid modernization of the existing industrial systems are among the key factors creating a positive outlook for the market. The contract manufacturing service providers offer various core manufacturing and ancillary activities, which enable the OEM to focus on their core competencies and enhance the overall efficiencies. In line with this, the growing number of internet users across the globe is further leading to the increasing requirement for faster and advanced telecommunication services, thereby favoring the market growth. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), cloud computing, artificial intelligence (AI) and machine learning (ML) solutions, are acting as other growth-inducing factors. These technologies enable the smooth manufacturing of novel mobile devices and can be conveniently combined with 5G base station chips. Other factors, including extensive research and development (R&D) activities, along with significant improvements in the wireless communication infrastructure, are anticipated to drive the market toward growth.  

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global telecom electronic manufacturing services (EMS) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service.

Breakup by Service:

• Electronic Design and Engineering
• Electronics Assembly
• Electronic Manufacturing
• Supply Chain Management
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Benchmark Electronics Inc., Celestica Inc., Compal Inc., Creation Technologies LP, FLEX LTD., Hon Hai Precision Industry Co. Ltd., Jabil Inc., Plexus Corporation, Sanmina Corporation, Venture Corporation Limited and Wistron Corporation.

Report Coverage:

Key Questions Answered in This Report:

• How has the global telecom electronic manufacturing services (EMS) market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global telecom electronic manufacturing services (EMS) market?
• What are the key regional markets?
• What is the breakup of the market based on the service?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global telecom electronic manufacturing services (EMS) market and who are the key players?
• What is the degree of competition in the industry?