Overview
The Global EMS and ODM Market is expected to
reach USD 1106.3 Billion by 2025 at a CAGR of 8.62% during
the forecast period. Market Research Future (MRFR) in its report envelops
segmentations and drivers to provide a better glimpse of the market in the
coming years.
Competitive Analysis
The key players of global EMS and
ODM Market Trends Companies are Foxconn Technology Co.
Ltd (Taiwan), New Kinpo Group (Taiwan), Universal Scientific
Industrial Co., Ltd (China), Shenzhen Kaifa Technology Co., Ltd (China),
Venture Corporation Ltd (Singapore), Zollner Elektronik AG (Germany), UMC
Electronics Co., Ltd (Japan), Flex Ltd (Singapore), Jabil Inc. (US), and
Sanmina Corporation (US), among others.
In July 2018, Flex Ltd partnered with
USound, a developer of advanced audio solutions, to manufacture and provide
technology, engineering, and design support for various
micro-electro-mechanical-systems (MEMS) speaker applications. This partnership
will enable USound to introduce innovative MEMS speakers into the market
quickly at a lower cost.
In May 2018, Jabil Inc., through its
division Green Point, announced the opening of its new Optics Technology
Innovation Center in Haifa, Israel. This center spans across 2000 square meters
and provides Israel tech community with more opportunities in computational
cameras, projection systems, and combined solutions.
Segmental Analysis
The global EMS and ODM Market
Trends has been segmented based on product, application, and region.
Based on product the market has been classified as EMS and
ODM. The EMS segment accounted for the larger market share in 2018, with a
market value of USD 435.65 billion; it is expected to register the higher
CAGR during the forecast period. However, the ODM segment contributed less as
compared to EMS in 2018. EMS companies offer to manufacture printed
circuit boards, microelectronics components, optoelectronic devices, and RF and
wireless devices. EMS companies also specialize in various production levels
and speeds to build multiple prototypes at different design and planning
stages. Many organizations adopt EMS solutions to produce large volumes of
prototypes and products. Moreover, EMS providers also offer onsite services
such as PCB etching, necessary for the manufacturing process. The key benefits
that OEMs avail through ODMs are low labor costs, reduced transportation costs,
and strong connectivity with the market. With core design manufacturing handled
by the ODM, the OEMS can focus on their core business to attain higher profit
margins. ODM models are generally used in large organizations where overseas
design firms may partner with a domestic company and manufacture products
according to their specifications.
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Based on application, the market has been segmented into
communication, computer, consumer, industrial, medical, and others. The
communication segment accounted for the largest market share in 2018; it is
expected to register the higher CAGR during the forecast period. The computer
segment accounted for the second highest market, while the others segment was
the least valued segment in 2018. The communications industry has seen rapid
technological advancements in recent years with a number of smartphone
manufacturers opting for EMS and ODM companies to outsource the designing and
development of their products. EMS-ODM providers play a crucial role in the
manufacturing of computer and peripheral devices. Many companies in
Asia-Pacific design and manufacture components of notebooks, desktops, tablets,
servers, workstations, and other peripherals. Consumer electronics have a huge
dependency on EMS firms and ODM companies to enhance the manufacturing of
consumer electronics products. Several OEMs of consumer electronics require
contract manufacturers to manufacture products near regions where these products
are sold. Industrial electronics providers rely on EMS firms and ODMs for the
provision of process control and testing solutions. A number of industrial
electronics providers focus on deploying external technical experts to perform
measurement testing of high-end systems. Medical electronics providers
outsource the design and production of class I, II, and III medical devices.
EMS firms and ODMs offer various services in medical electronics markets such
as engineering, electrical systems development, and testing, product concept
manipulation and prototyping, and PCB layout. Various other applications of EMS
firms and ODMs include automotive electronics such as advanced driver
assistance systems and advanced motor control. High demand for building intelligent
transportation motor vehicles is encouraging the automotive electronics
providers to outsource their design requirements to EMS firms and ODMs.
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