Electronic Manufacturing Services Market Outlook:
Electronic Manufacturing Services Market size was over USD 635.49 billion in 2025 and is projected to reach USD 1.17 trillion by 2035, growing at around 6.3% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of electronic manufacturing services is evaluated at USD 671.52 billion.
The global electric vehicle transition is driving a surge in electronic components, as devices including electronic control units (ECUs), battery management systems (BMS), and electric drivetrains are required for EVs and their operational efficiency. According to a report from the World Economic Forum published in May 2023, global EV sales reached approximately 10.5 million units in 2022, marking a substantial 55% increase from the previous year. The fast adoption of electric vehicles is encouraging automotive manufacturers to rely more on electronic manufacturing services (EMS) providers to handle exact production operations, high-volume assembly, and reduced time-to-market for electronic vehicle systems.
The EMS providers are collaborating with automotive manufacturers to support high-tech electrification components. For instance, in July 2023, ZF's Commercial Vehicle Solutions division unveiled its next-generation electric driveline systems, AxTrax 2 and CeTrax 2 dual, designed for light to heavy-duty commercial vehicles. These integrated e-mobility solutions emphasize modularity, quiet operation, and zero emissions. The EMS companies are implementing advancements in powertrain and control unit design alongside mass production, enabling them to enhance their position in the modern automotive electronics supply chain.
