Electronics Production | October 02, 2008
EMS market benefits from demand for consumer electronics
The market for electronics manufacturing service is primarily driven by demand from the consumer electronics and communications sectors, states the latest Frost&Sullivan report.
Additional to that, many EMS providers try to brake into niche markets such as medical, industrial or aerospace and defence. New analysis from market analysts Frost & Sullivan finds that a growing demand for consumer electronics is likely to influence the outsourcing strategies within the electronics industry. Increasing end-user demands pressure OEM companies into developing (and manufacturing) new products to satisfy this demand – especially for new electronic devices or gadgets. Consequently, OEM companies will increasingly depend on EMS providers for their manufacturing needs.