Electronic Manufacturing Services Market Analysis

Service Type (Electronics Manufacturing, Engineering Services, Test & Development Implementation, Logistics)

The electronics manufacturing segment is estimated to hold 38% share of the global electronic manufacturing services (EMS) market in the year 2037. The growth of this segment can be attributed to an increasing global population and growing worldwide GDP per capita, which is driving the rising demand for consumer electronic products around the world. The global population has become more than 8 Billion as of 2023. Moreover, it was found that in 2023, consumers spent approximately USD 500 billion on electronics worldwide

Application (Consumer Electronics, Industrial, Medical & Instrumentation, Aerospace & Defence, IT & Telecom, Automotive, Semiconductor, Robotics)

Electronic manufacturing services market from the industrial segment is expected to garner a significant share in the year 2037 The segment growth is expected to be stimulated by rapidly developing industrialization and increasing automation of different industrial processes worldwide, as a result of an increase in demand for industrial products from end-use industries.

However, the IT & telecom sector is anticipated to grow significantly over the course of the forecast period due to the increasing global digitalization, which is fueling an increase in demand for various electronic devices, smartphones, and wearables, with internet connectivity serving as the most basic example. As a result, it is projected that this would generate a lot of prospects for the segment's growth in the years to come.

Our in-depth analysis of the global market includes the following segments: