Electronics manufacturing services market size to increase by USD 167.02 billion: APAC to contribute 59% of market growth - Technavio
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- The Electronics Manufacturing Services Market by End-user, Service Type, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. The market size is forecast to grow by USD 167.02 billion at a CAGR of 6.6% between 2022 and 2027. The report provides a comprehensive analysis on growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report
By region, the global electronics manufacturing services market is segmented into APAC, North America, Europe, South America, and the Middle East and Africa. APAC is estimated to contribute 59% to the growth of the global market over the forecast period. The availability of low-cost labor, supportive government policies, and capacity expansion of electronics manufacturing facilities are driving the growth of the regional market.
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The electronics manufacturing services market report includes information on the key products and recent developments of leading vendors, including:
The market is driven by factors such as the increasing number of electronics manufacturing services providers in economies with low hourly wages, reduced time to market and improved access to emerging markets, and the growing focus on core competencies or on compensating for lack of in-house expertise. However, the risk of intellectual property theft and misuse is hindering the market growth.
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample
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What are the key data covered in this electronics manufacturing services market report?
Table of contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Service Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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