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Analysis |

Contract manufacturing market: 539 billion dollar in 2019

A new report from New Venture Research called ”The Worldwide Electronics Manufacturing Service Market – 2015 edition” is looking at the development in the Contract Manufacturing (CM)-market.

In 2014, the total market was valued at 436 billion dollar. EMS was responsible for 338 billion dollar and ODM for 98 billion dollar. Twenty years ago, the value was 300 million dollars total. This means a compounded annual growth rate of 15.4 percent. From 2013-2014, the growth was almost flat, however, growth is expected and for 2019 the forecast is a value of 458.7 billion dollar for the EMS-sector and 131.2 billion for the ODM-sector – totaling 589,9 billion dollar. The forces behind the growing demand for CM-services are, hardly surprising, smartphones and tablets, both which remained strong in 2014. Notebooks had a weaker development, though the demand stayed positive. The demand for services regarding desktop computers was negative. Of the high-mix/high-complexity products, New Venture Research reports, nearly all of them experience growing demand. This segment includes medical, industrial and transportation. Defense/military suffered a decline as a result of budget constraints. The weakest market for CM-services was the consumer segment, dragged down by sluggish demand in the field of digital television assemblies. © Graph: New Venture Research

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March 28 2024 10:16 am V22.4.20-2
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