Global Electronic Manufacturing Services Market Register at a CAGR of 6.5 % 2022
Global Electronic Manufacturing Services Market and Growth rate:
According to recent report published by research cosmos, the global Electronic manufacturing services market size is valued at USD $ 117.1 billion in 2016 and it is estimated to reach USD $ 450 Billion during the forecast period of 2022, at a CAGR of 6.5% during the forecast period.
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Growth driving factors of Global Electronic Manufacturing Services Market:
Device manufacturers are evolving from manufacturing switches to developing their own devices and integrating products into their service offerings. Providers often face challenges, but focus on core competencies due to rapid technological changes in product and service offerings, and therefore prefer subcontracting, which is boosting up the market
Geographical Insights of Global Electronic Manufacturing Services Market:
Asia Pacific region is largest contribution in year 2016 and it is expected that, the region will maintain its same position till 2025. There is a growing trend amount OEMS that allows to focus on core competencies.
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Detailed Market Segmentation of Electronic manufacturing services Market:
Electronic manufacturing services Market Segment by Service Type:
- Electronic design & engineering
- Electronics assembly
- Electronic manufacturing
- Supply chain management
- Others
Electronic manufacturing services Market Geographical Segmentation Report:
- North America
- Europe
- Asia-Pacific
- LAMEA
- Middle East and Africa
Prominent Key players in Global Electronic Manufacturing Services Market:
- Celestica Inc
- ESCATEC
- Foxconn
- 5 + More Key Players
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