DUBLIN--(BUSINESS WIRE )--The "The Worldwide Electronics Manufacturing Services Market 2022 Edition" report has been added to ResearchAndMarkets.com's offering.

The worldwide electronics manufacturing services (EMS) market is a determining force in production of electronics products and now accounts for 47 percent of all assembly. Outsourcing grew exceptionally in 2021 from the previous year, despite the COVID-19 crisis that disrupted the supply chain and labor force. The EMS industry increased approximately 14.8 percent in 2021 as a result of growing sales for notebooks, Internet and cloud servers, and smart phones.

The report begins with an analysis of the worldwide electronics assembly market, giving a baseline for the manufacturing value of electronics product assemblies. A forecast is checked against 46 individual product segments which make up the majority of electronics assembly (automotive, consumer, industrial, medical, aviation and aerospace and defense industries). Some segments such as transportation and retail will experience negative effects over the forecast period due to COVID-19. The publisher estimates that total electronics assembly value (OEM+EMS+ODM) was $1.4 trillion in 2021 and will grow to approximately $1.8 trillion in 2026 at a CAGR of 4.3 percent, mostly fueled by the demand for EMS services. The contract manufacturing industry by itself will grow from $683 billion in 2021 to $947 billion in 2026 at a 6.8 percent CAGR.

To support this conclusion, the report analyzes the EMS industry in a variety of ways. First, it reviews the worldwide market for EMS and OEM electronics assembly by individual product. Second, the report analyzes the EMS industry, including a breakdown of the market leaders and relative share by industry and region. Third, the market opportunity for emerging growth is presented by product and country across 46 product segments and 900+ manufacturing sites. No other report gives such detail by country, wage rate, and regional product assembly. The data can also be purchased as an Excel file to allow for easy analysis of the hundreds of variables collected in the report.

The report also includes an EMS financial performance analysis for the best-performing companies and examines a variety of critical financial metrics. Another chapter reviews EMS mergers and acquisitions for the past few years and the impact on the growth of the industry and its competitiveness.

The report concludes with profiles of the largest EMS and ODM firms (102 companies-85 EMS and 15 ODM) from all over the world. These reviews summarize the market focus of each company, its leading customers, and each company's financial production performance statistics. The intent of these profiles is to serve as a global directory and competitive analysis tool for industry participants.

Chapter 8: Company Profiles of Leading Suppliers

For more information about this report visit https://www.researchandmarkets.com/r/ykenzf

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900