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- Global Market For Electronics Contract Manufacturing (ECM) To Reach $670 Billion In 2018
Global Market For Electronics Contract Manufacturing (ECM) To Reach $670 Billion In 2018
- By Electronics.ca Research Network
- Published August 13, 2012
- Electronic Manufacturing
MONTREAL, August 13, 2012 /ATR-Newswire/ ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Electronics Contract Manufacturing And Design Services: The Global Market". The global market for ECM was valued at $410 billion in 2011, and is projected to reach $435 billion in 2013 and $670 billion in 2018, a five-year compound annual growth rate (CAGR) of 9% from 2013-2018.
The market for ECM can be broken down into three categories by application: computers and telecommunications, consumer and industrial, and other applications.
Computers and telecommunications are projected to account for nearly $250 billion in 2013 and $389 billion in 2018, a CAGR of 9.3%.
The consumer and industrial segment is projected to total $132 billion in 2013 and nearly $203 billion in 2018, a CAGR of 8.9%.
Other applications should account for nearly $54 billion in 2013 and $78 billion 2018, a CAGR of 7.9%.
Electronics contract manufacturing services include operations performed by companies, which may include designing, manufacturing, testing, distributing, and providing repair services for electronic assemblies required by original equipment manufacturers (OEMs). These services are also referred to as electronics manufacturing services.
Growth within the ECM business had been booming, which is one of the main reasons many new companies entered this market during the last few years. A slowdown occurred in the second half of 2008 and the first half of 2009, however, due to the global recession, which affected all of the players in the electronics contract manufacturing industry, particularly the companies that entered the business in 2005 and afterward.
This report will help its audience:
This report will be most useful to major OEMs, marketing managers, business development executives, and information and research center librarians. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' website. View the report: Electronics Contract Manufacturing And Design Services: The Global Market.
The market for ECM can be broken down into three categories by application: computers and telecommunications, consumer and industrial, and other applications.
Computers and telecommunications are projected to account for nearly $250 billion in 2013 and $389 billion in 2018, a CAGR of 9.3%.
The consumer and industrial segment is projected to total $132 billion in 2013 and nearly $203 billion in 2018, a CAGR of 8.9%.
Other applications should account for nearly $54 billion in 2013 and $78 billion 2018, a CAGR of 7.9%.
Electronics contract manufacturing services include operations performed by companies, which may include designing, manufacturing, testing, distributing, and providing repair services for electronic assemblies required by original equipment manufacturers (OEMs). These services are also referred to as electronics manufacturing services.
Growth within the ECM business had been booming, which is one of the main reasons many new companies entered this market during the last few years. A slowdown occurred in the second half of 2008 and the first half of 2009, however, due to the global recession, which affected all of the players in the electronics contract manufacturing industry, particularly the companies that entered the business in 2005 and afterward.
This report will help its audience:
- Look for suppliers with a view toward reducing the total cost of the manufacturing process
- Identify newer market opportunities and develop targeted promotion plans in the identified fields of the electronics contract manufacturing business
- Understand the dynamics of the electronics contract manufacturing market and identify possible new market segments
- Provide market researchers and brand and product managers with the information they need to do their jobs more effectively.
This report will be most useful to major OEMs, marketing managers, business development executives, and information and research center librarians. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' website. View the report: Electronics Contract Manufacturing And Design Services: The Global Market.
