Electronic Contract Assembly Market Research Report - Global Forecast till 2027

Global Electronic Contract Assembly Market Research, By Service (Electronic Design & Engineering, Electronic Assembly, Electronic Manufacturing), End-User (Aerospace, Industrial/Automation, Semiconductor/Robotics, Government, IT & Telecom) - Forecast till 2027

ID: MRFR/ICT/5590-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.


Market Synopsis:

The global electronic contract assembly market was valued at USD 88.40 billion in 2017 and is expected to reach USD 157 billion by the end of the forecast period with a CAGR of 10%.


Electronic contract assembly are offered by companies that design, assemble, manufacture, distribute, electronic test components and printed circuit boards assemblies and provide return/repair services for these electronic components and assemblies for original equipment manufacturers. The concept is also referred to as electronics contract manufacturing. Additionally, an original design manufacturer is a company that designs and manufactures a product based on the existing design and specifications. ODM companies acquire original specifications from another company and then design the product accordingly. Such companies offer the supplier or other companies, the capability to get their product built without having to design the hardware and invest in production facilities completely. The high proportion of new start-up businesses, the introduction of new products and technologies, high demand for consumer electronics, automotive electronics and medical electronics is fueling the growth of electronic contract assembly market. Electronic contract assembly companies provide manufacturing capacity, however, the company creating or supplying the specifications retains the ownership of the design.



Segmentation:

The global electronic contract assembly market is segmented into service, end-user, and region.



  • By service, the electronic contract assembly market is segmented into electronic design & engineering, electronic assembly, electronic manufacturing, and others.

  • By end-user, the electronic contract assembly is segmented into aerospace, industrial/automation, semiconductor/robotics, government, IT & telecom, and others.

  • By region, the electronic contract assembly market is segmented into North America, Europe, Asia-Pacific, and rest of the world.



Regional Analysis:
The global market for electronic contract assembly is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of electronic contract assembly market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).


With technological advancements and presence of key players, the US has experienced significant growth in the electronic contract assembly market. The high demand for consumer electronics and smartphones owing to robust, economic landscape is triggering the growth of electronic contract assembly market in this region. The market in the US is currently dominated by aerospace, telecommunications, and industrial.


On the other hand, the European market has seen significant growth due to increasing demand in electronic and semiconductor industry. The presence of various industrial electronics providers and medical electronics providers have resulted in more business opportunities for small suppliers across the region. Moreover, strong economies such as the UK, Germany, France, and Italy are investing in research and development of advanced semiconductor technologies, which is triggering the growth of electronic contract assembly market in this region.


The major factors contributing to market growth include growing semiconductor industry, and high penetration of EMS suppliers. However, the complex installation process, and downside risk of economy pose challenge to the market.



Global Electronic Contract Assembly Market, USD Million:
Electronic Contract Assembly Market



Key Players:

The key players in the electronic contract assembly market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Altadox Inc (US), Benchmark Electronics Inc (US), Celestica Inc (Canada), Compal Electronics Inc (Taiwan), Creation Technologies LP (Canada), Fabrinet (Thailand), Flex Ltd (Singapore), Hon Hai Precision Industry Co Ltd (Taiwan), Jabil Circuits Inc (US), Plexus Corporation (US). These players contribute a major proportion towards market growth.


Apart from the top key players, the other players contribute nearly 30–35 % in the electronic contract assembly market. These include Sanmina SCI (US), New Kinpo Group (Taiwan), Shenzhen Kaifa Technology (China), Universal Scientific Industrial Co Ltd (Taiwan), Venture (Singapore), Elcoteq (Luxembourg), SIIX (Japan), Zollner Elektronik (Germany), Beyonics Technology (Singapore), Sumitronics (Japan), UMC Electronics Co Ltd (Japan), Orient Semiconductor Electronics (Taiwan), Kimball Electronics Group (US), AsteelFlash Group (France), and others.



Intended Audience:



  • Equipment Manufacturers

  • Design Manufacturers

  • Investors and consultants

  • Semiconductor Equipment Manufacturers

  • Smartphone & Computer Manufacturers

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers



Frequently Asked Questions (FAQ) :


The global electronic contract assembly market is expected to record a substantial market valuation of up to USD 157 billion by 2023.

The global electronic contract assembly market is projected to register a moderate 10% CAGR in the forecast period of 2018 to 2023.

The electronic manufacturing segment is slated to expand as the fastest-growing segment.

The semiconductor/robotics segment is slated to expand as the fastest-growing segment.

A few major market players operating in the global electronic contract assembly market are Compal Electronics Inc (Taiwan), Altadox Inc (US), Benchmark Electronics Inc (US), Celestica Inc (Canada), Creation Technologies LP (Canada), among others

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Electronic Contract Assembly

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Electronic Contract Assembly Market by Service

7.1 Introduction

7.2 Electronic Design & Engineering

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast by Region, 2020–2027

7.3 Electronic Assembly

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast by Region, 2020–2027

7.4 Electronic Manufacturing

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast by Region, 2020–2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast by Region, 2020–2027

8 Electronic Contract Assembly Market by End-User

8.1 Introduction

8.2 Aerospace

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast by Region, 2020–2027

8.3 Industrial/Automation

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast by Region, 2020–2027

8.4 Semiconductor/Robotics

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast by Region, 2020–2027

8.5 Government

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast by Region, 2020–2027

8.6 IT & Telecom

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast by Region, 2020–2027

8.7 Automotive

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast by Region, 2020–2027

8.8 Others

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast by Region, 2020–2027

9 Electronic Contract Assembly Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast by Country, 2020–2027

9.2.2 Market Estimates & Forecast by Service, 2020–2027

9.2.3 Market Estimates & Forecast by End-User, 2020–2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast by Service, 2020–2027

9.2.4.2 Market Estimates & Forecast by End-User, 2020–2027

9.2.5 Mexico

9.2.5.1 Market Estimates & Forecast by Service, 2020–2027

9.2.5.2 Market Estimates & Forecast by End-User, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast by Service, 2020–2027

9.2.6.2 Market Estimates & Forecast by End-User, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast by Country, 2020–2027

9.3.2 Market Estimates & Forecast by Service, 2020–2027

9.3.3 Market Estimates & Forecast by End-User, 2020–2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast by Service, 2020–2027

9.3.4.2 Market Estimates & Forecast by End-User, 2020–2027

9.3.5 France

9.3.5.1 Market Estimates & Forecast by Service, 2020–2027

9.3.5.2 Market Estimates & Forecast by End-User, 2020–2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast by Service, 2020–2027

9.3.6.2 Market Estimates & Forecast by End-User, 2020–2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast by Service, 2020–2027

9.3.7.2 Market Estimates & Forecast by End-User, 2020–2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast by Service, 2020–2027

9.3.8.2 Market Estimates & Forecast by End-User, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast by Country, 2020–2027

9.4.2 Market Estimates & Forecast by Service, 2020–2027

9.4.3 Market Estimates & Forecast by End-User, 2020–2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast by Service, 2020–2027

9.4.4.2 Market Estimates & Forecast by End-User, 2020–2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast by Service, 2020–2027

9.4.5.2 Market Estimates & Forecast by End-User, 2020–2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast by Service, 2020–2027

9.4.6.2 Market Estimates & Forecast by End-User, 2020–2027

9.4.7 Rest of Asia-Pacific

9.4.7.1 Market Estimates & Forecast by Service, 2020–2027

9.4.7.2 Market Estimates & Forecast by End-User, 2020–2027

9.5 Rest of the World

9.5.1 Market Estimates & Forecast by Country, 2020–2027

9.5.2 Market Estimates & Forecast by Service, 2020–2027

9.5.3 Market Estimates & Forecast by End-User, 2020–2027

9.5.4 Middle East & Africa

9.5.4.1 Market Estimates & Forecast by Service, 2020–2027

9.5.4.2 Market Estimates & Forecast by End-User, 2020–2027

9.5.5 Latin America

9.5.5.1 Market Estimates & Forecast by Service, 2020–2027

9.5.5.2 Market Estimates & Forecast by End-User, 2020–2027

10 Competitive Landscape

11 Company Profiles

11.1 Altadox Inc

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Key Strategy

11.2 Benchmark Electronics Inc

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Key Strategy

11.3 Celestica Inc

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Key Strategy

11.4 Compal Electronics Inc

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Key Strategy

11.5 Creating Technologies LP

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Key Strategy

11.6 Fabrinet

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Key Strategy

11.7 Flex Ltd

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Key Strategy

11.8 Hon Hai Precision Industry Co Ltd

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Key Strategy

11.9 Jabil Circuits Inc

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Key Strategy

11.10 Plexus Corporation

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Key Strategy

12 Conclusion

LIST OF TABLES

Table 1 Electronic Contract Assembly Market, by Region, 2020–2027

Table 2 North America: Electronic Contract Assembly Market, by Country, 2020–2027

Table 3 Europe: Electronic Contract Assembly Market, by Country, 2020–2027

Table 4 Asia-Pacific: Electronic Contract Assembly Market, by Country, 2020–2027

Table 5 Middle East & Africa: Electronic Contract Assembly Market, by Country, 2020–2027

Table 6 Latin America: Electronic Contract Assembly Market, by Country, 2020–2027

Table 7 Global Electronic Contract Assembly, Service Market, by Region, 2020–2027

Table 8 North America: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 9 Europe: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 10 Asia-Pacific: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 11 Middle East & Africa: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 12 Latin America: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 13 Global Electronic Contract Assembly, Service Market, by Region, 2020–2027

Table 14 North America: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 15 Europe: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 16 Asia-Pacific: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 17 Middle East & Africa: Electronic Contract Assembly, Service Market, by Country, 2020–2027

Table 18 Latin America: Electronic Contract Assembly, Service Market, by Country, 2020–2027


LIST OF FIGURES

FIGURE 1 Global Electronic Contract Assembly Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Electronic Contract Assembly Market

FIGURE 4 Value Chain of Global Electronic Contract Assembly Market

FIGURE 5 Share of Global Electronic Contract Assembly Market in 2020, by Country (in %)

FIGURE 6 Global Electronic Contract Assembly Market, 2020–2027

FIGURE 7 Sub-segments of Service

FIGURE 8 Global Electronic Contract Assembly Market Size, by Service, 2020

FIGURE 9 Share of Global Electronic Contract Assembly Market, by Service, 2020 to 2027

FIGURE 12 Global Electronic Contract Assembly Market Size, by Service, 2020

FIGURE 13 Share of Global Electronic Contract Assembly Market, by Service, 2020 to 2027