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Analysis |
MMI: EMS Top 50 sales reached $344 billion in 2019
Manufacturing Market Insider says that the sales of the Top 50 biggest EMS providers accounted for USD 344 billion in revenue during 2019 – an increase of USD 14 billion from 2018.
Top 50 sales increased from the previous year by 0.4%, largely as a result of the bottom 40 EMS firms dominating the growth. The Top 10 EMS companies such as Foxconn, Pegatron, Jabil, Flex, Wistron, Sanmina, New Kinpo, BYD, Celestica, and USI were the leading ten companies with growth rates ranging from -0.7% (Wistron) to 14.2% (Jabil). Foxconn alone achieved revenue growth of an estimated 0.9% from 2018 to 2019 in terms of NTD, but because of its depreciating currency, revenue growth in terms of USD decreased by 1.6 %. All MMI international currency conversions are based on average annual rates established by the Federal Reserve.
Overall, the APAC region accounted for around 90.2% of the Top 50 EMS revenue, with the Americas representing 7.4% of revenue and EMEA 2.3%. In contrast, during the 1990s the Americas accounted for over 50% of all production, with EMEA assembling an estimated 30% and APAC serving around
20% of total production.
MMI largely tabulates its ranking information through an annual survey of over 100 of the largest EMS companies worldwide.
MMI largely tabulates its ranking information through an annual survey of over 100 of the largest EMS companies worldwide.
