The EMS & ODM Market is anticipated to expand at a 7.6% CAGR, attaining a value of USD 1,457.95 billion by the end of 2032. EMS firms are the complete providers of electronic manufacturing services that cover design, production, testing, and logistics, while ODMs focus on creating and owning unique IP for specific markets, thus setting them apart from typical contract manufacturers.
Rising Demand for Advanced Electronics Components
As the trend of autonomous vehicles, cloud computing, and edge technologies keeps on rising, the use of semiconductors by OEMs is growing at an even faster pace, resulting in a spike in demand for the provision of electronic assemblies and design services by EMS and ODM firms.
Key Functional Segments Driving Market Growth
By Type
- EMS: Focused on contract-based electronic assembly services.
- ODM: Designs proprietary technology products for OEMs.
By Application
- Consumer Electronics: Fuels growth via gadgets and appliances.
- Communications: Essential for 5G and broadband equipment.
- Automotive & Transportation: Key in connected and electric mobility.
- Industrial: Improves manufacturing precision and operational safety.
- Medical: Supports production of life-saving electronic instruments.
- Energy: Advances power electronics and grid management systems.
- Others: Encompasses aerospace, security, and smart infrastructure.
Global Regional Overview
The EMS & ODM sector is continuing to develop globally, with the major contributor to the growth in the Asia-Pacific region being the manufacturing of electronic components and Europe rapidly developing semiconductors and EV technologies. North America is enhancing manufacturing and healthcare electronics, the Middle East and Africa are increasing their IoT and car markets, while South America is developing through the automation of its industries and policies that support the sector.
Strengthened Market Potential amid Industrial Evolution
EMS and ODM providers are benefiting from strategic positioning through the increasing integration of smart manufacturing systems, thus allowing them to deliver high-value solutions to different sectors like automotive, industrial electronics, and healthcare.
Key Report Attributes
- Market Size 2032: USD 1,457.95 Billion
- CAGR (2024-2032): 7.6%
- Base Year: 2023
- Market Forecast Period: 2024-2032
Industry Segmentation Growth
- By Type: EMS - 7.3%, ODM - 8.3%.
- By Application: Consumer Electronics - 7.7%, Communications - 9.2%.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 THE GROWING SEMICONDUCTOR INDUSTRY
- 4.2.2 GROWING DEMAND FOR CONSUMER ELECTRONICS
- 4.2.3 GREATER EMPHASIS ON VEHICLE ELECTRIFICATION
- 4.2.4 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 HIGH COST AND MAINTENECE OF EMS EQUIPMENT
- 4.4 OPPORTUNITIES
- 4.4.1 IMPLEMENTING ADVANCED PRODUCTION EQUIPMENT AND SYSTEM
- 4.5 COVID-19 IMPACT ANALYSIS EMS & ODM MARKET
- 4.5.1 IMPACT ON DEMAND FOR ESM & ODM
- 4.5.2 IMPACT ON GLOBAL VALUE CHAIN
- 4.5.3 IMPACT ON DEMAND FROM EMRGING ECONOMIES
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL
- 5.1.2 DESIGN & PROTOTYPE
- 5.1.3 MANUFACTURING
- 5.1.4 ASSEMBLY & TEST
- 5.1.5 SALES & MARKETING
- 5.1.6 END USER
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
6 GLOBAL EMS & ODM MARKET, BY TYPE
- 6.1 INTRODUCTION
- 6.2 EMS
- 6.3 ODM
7 GLOBAL EMS & ODM MARKET, BY APPLICATION
- 7.1 INTRODUCTION
- 7.2 CONSUMER ELECTRONICS
- 7.3 COMMUNICATIONS
- 7.4 AUTOMOTIVE & TRANSPORTATION
- 7.5 INDUSTRIAL
- 7.6 MEDICAL
- 7.7 ENERGY
- 7.8 OTHERS
8 GLOBAL EMS & ODM MARKET, BY REGION
- 8.1 INTRODUCTION
- 8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXICO
- 8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 UK
- 8.3.3 FRANCE
- 8.3.4 ITALY
- 8.3.5 SPAIN
- 8.3.6 AUSTRIA
- 8.3.7 NETHERLANDS
- 8.3.8 SWEDEN
- 8.3.9 POLAND
- 8.3.10 RUSSIA
- 8.3.11 REST OF EUROPE
- 8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 INDIA
- 8.4.3 JAPAN
- 8.4.4 SOUTH KOREA
- 8.4.5 TAIWAN
- 8.4.6 REST OF ASIA PACIFIC
- 8.5 MIDDLE EAST & AFRICA
- 8.6 SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
- 9.1 INTRODUCTION
- 9.2 COMPETITIVE BENCHMARKING
- 9.3 COMPANY MARKET SHARE ANALYSIS, 2023
- 9.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.4.1 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS
- 9.4.2 BUSINESS EXPANSIONS/ACQUISITIONS
- 9.4.3 PRODUCT LAUNCHES/DEVELOPMENTS
- 9.4.4 OTHERS
10 COMPANY PROFILES
- 10.1 HON HAI PRECISION INDUSTRY CO., LTD. (FOXCONN)
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 SERVICES OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
- 10.2 SANMINA CORPORATION
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 SERVICES OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
- 10.3 COMPAL INC.
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 SERVICES OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
- 10.4 NEW KIMPO GROUP
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 SERVICES OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
- 10.5 WISTRON CORPORATION
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 SERVICES OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
- 10.6 FLEX LIMITED
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 SERVICES OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
- 10.7 JABIL
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 SERVICES OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
- 10.8 CICOR
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 SERVICES OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
- 10.9 ZOLLNER ELEKTRONIK AG
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 SERVICES OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 KEY STRATEGIES
- 10.10 RAFI GMBH & CO. KG (BWK)
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 SERVICES OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES
- 10.11 ALTRICS
- 10.11.1 COMPANY OVERVIEW
- 10.11.2 FINANCIAL OVERVIEW
- 10.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 10.11.4 KEY DEVELOPMENTS
- 10.11.5 SWOT ANALYSIS
- 10.11.6 KEY STRATEGIES
- 10.12 EOLANE GROUP
- 10.12.1 COMPANY OVERVIEW
- 10.12.2 FINANCIAL OVERVIEW
- 10.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 10.12.4 KEY DEVELOPMENTS
- 10.12.5 SWOT ANALYSIS
- 10.12.6 KEY STRATEGIES
- 10.13 LACROIX ELECTRONICS
- 10.13.1 COMPANY OVERVIEW
- 10.13.2 FINANCIAL OVERVIEW
- 10.13.3 SERVICES OFFERED
- 10.13.4 KEY DEVELOPMENTS
- 10.13.5 SWOT ANALYSIS
- 10.13.6 KEY STRATEGIES
- 10.14 ASTEELFLASH
- 10.14.1 COMPANY OVERVIEW
- 10.14.2 FINANCIAL OVERVIEW
- 10.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 10.14.4 KEY DEVELOPMENTS
- 10.14.5 SWOT ANALYSIS
- 10.14.6 KEY STRATEGIES
- 10.15 ENICS
- 10.15.1 COMPANY OVERVIEW
- 10.15.2 FINANCIAL OVERVIEW
- 10.15.3 SERVICES OFFERED
- 10.15.4 KEY DEVELOPMENTS
- 10.15.5 SWOT ANALYSIS
- 10.15.6 KEY STRATEGIES
- 10.16 TRONICO
- 10.16.1 COMPANY OVERVIEW
- 10.16.2 FINANCIAL OVERVIEW
- 10.16.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 10.16.4 KEY DEVELOPMENTS
- 10.16.5 SWOT ANALYSIS
- 10.16.6 KEY STRATEGIES
- 10.17 PEGATRON CORPORATION
- 10.17.1 COMPANY OVERVIEW
- 10.17.2 FINANCIAL OVERVIEW
- 10.17.3 SERVICES OFFERED
- 10.17.4 KEY DEVELOPMENTS
- 10.17.5 SWOT ANALYSIS
- 10.17.6 KEY STRATEGIES
- 10.18 AEMTEC GMBH
- 10.18.1 COMPANY OVERVIEW
- 10.18.2 FINANCIAL OVERVIEW
- 10.18.3 SERVICES OFFERED
- 10.18.4 KEY DEVELOPMENTS
- 10.18.5 SWOT ANALYSIS
- 10.18.6 KEY STRATEGIES
- 10.19 KATEK GROUP
- 10.19.1 COMPANY OVERVIEW
- 10.19.2 FINANCIAL OVERVIEW
- 10.19.3 SERVICES OFFERED
- 10.19.4 KEY DEVELOPMENTS
- 10.19.5 SWOT ANALYSIS
- 10.19.6 KEY STRATEGIES
- 10.20 KAPPA OPTRONICS GMBH
- 10.20.1 COMPANY OVERVIEW
- 10.20.2 FINANCIAL OVERVIEW
- 10.20.3 SERVICES OFFERED
- 10.20.4 KEY DEVELOPMENTS
- 10.20.5 SWOT ANALYSIS
- 10.20.6 KEY STRATEGIES
- 10.21 WAGO
- 10.21.1 COMPANY OVERVIEW
- 10.21.2 FINANCIAL OVERVIEW
- 10.21.3 SERVICES OFFERED
- 10.21.4 KEY DEVELOPMENTS
- 10.21.5 SWOT ANALYSIS
- 10.21.6 KEY STRATEGIES
- 10.22 PHOENIX CONTACT
- 10.22.1 COMPANY OVERVIEW
- 10.22.2 FINANCIAL OVERVIEW
- 10.22.3 SERVICES OFFERED
- 10.22.4 KEY DEVELOPMENTS
- 10.22.5 SWOT ANALYSIS
- 10.22.6 KEY STRATEGIES
- 10.23 NEWAYS ELECTRONICS INTERNATIONAL N.V
- 10.23.1 COMPANY OVERVIEW
- 10.23.2 FINANCIAL OVERVIEW
- 10.23.3 SERVICES OFFERED
- 10.23.4 KEY DEVELOPMENTS
- 10.23.5 SWOT ANALYSIS
- 10.23.6 KEY STRATEGIES
- 10.24 ALL CIRCUITS
- 10.24.1 COMPANY OVERVIEW
- 10.24.2 FINANCIAL OVERVIEW
- 10.24.3 SERVICES OFFERED
- 10.24.4 KEY DEVELOPMENTS
- 10.24.5 SWOT ANALYSIS
- 10.24.6 KEY STRATEGIES