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Electronic Manufacturing Services (EMS) Market Size, Share & Industry Analysis, By Service (Electronics Manufacturing Services, Engineering Services, Test & Development Implementation, Logistics Services, and Others), By Industry (Consumer Electronics, Automotive, Heavy Industrial Manufacturing, Aerospace and Defense, Healthcare, IT and Telecom, and Others), and Regional Forecast, 2024 – 2032

Last Updated: May 27, 2024 | Format: PDF | Report ID: FBI105519



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The global electronic manufacturing services (EMS) market size was valued at USD 538.24 billion in 2023. The market is projected to grow from USD 573.75 billion in 2024 to USD 1017.85 billion by 2032, exhibiting a CAGR of 7.4% during the forecast period.

Electronic manufacturing services (EMS) is an industry that provides comprehensive manufacturing services for electronic components and products. EMS companies offer a range of services, including design, manufacturing testing, distribution, and assemblies for original equipment manufacturers' electronic products. The EMS market has experienced significant growth due to the increasing complexity of electronic products and the need for cost-effective manufacturing solutions. Various factors, such as demand for consumer electronics, industrial automation, healthcare devices, and automotive electronics, influence the market growth.

The outbreak of coronavirus affected the demand for electronic manufacturing services owing to the pandemic’s severe effect on the global electronics supply chain. The COVID-19 pandemic impacted key market players, with their revenues declining significantly in 2020-2021. Some major global electronic manufacturing services (EMS) providers are Sanmina Corporation, Flex Ltd, Jabil Inc., and Celestica Inc., among others. These companies operate globally, with manufacturing facilities in various regions to cater to diverse markets. They serve multiple industry verticals, including consumer electronics, telecommunications, automotive, healthcare, industrial, and aerospace. The EMS market is characterized by a global footprint, with manufacturing facilities strategically located to serve regional markets efficiently. Asia Pacific, particularly China and Taiwan, has been a key hub for electronic manufacturing due to cost advantages and a well-established supply chain.

Electronic Manufacturing Services (EMS) Market Trends

Increasing Awareness of E-Waste Recycling is a Growing Trend 

The increasing awareness of e-waste recycling is a notable trend in the global Electronic Manufacturing Service (EMS) market, driven by environmental concerns, regulatory measures, and a growing understanding of the impact of electronic waste on the ecosystem. The rapid growth in electronic consumption has led to a surge in electronic waste, posing significant environmental challenges. In July 2020, the UN’s Global E-waste Monitor 2020 stated that global E-waste volume increased by around 21% in 2019. It is also predicted that by 2030, the global e-waste discarded products with plugs or batteries will reach 74 Mt, almost double in 16 years.

As a result, governments and international bodies have implemented regulations to address the environmental impact of electronic waste. Compliance with these regulations requires manufacturers to adopt environmentally responsible practices, including proper disposal and recycling of electronic products. The concept of a circular economy, where products are designed for reuse and recycling, has gained traction. E-waste recycling aligns with the principles of a circular economy, promoting the recovery of valuable materials from discarded electronic devices. The awareness of e-waste issues creates opportunities for EMS providers to offer end-of-life management services. Companies specializing in e-waste recycling within the EMS sector can capitalize on the demand for sustainable and responsible electronic contract manufacturing practices. In conclusion, the increasing awareness of e-waste recycling is a positive trend in the global EMS market, reflecting a broader shift toward sustainable and responsible manufacturing practices.

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Electronic Manufacturing Services (EMS) Market Growth Factors

Rising Adoption of EMS in Consumer Electronics is Bolstering the Market Growth

The rising adoption of electronic manufacturing services (EMS) in the consumer electronics sector is a significant factor contributing to the overall growth of the EMS market. Several factors such as cost effieciency, flexibility and scalability drive this trend, reflecting the industry’s responsiveness to changing market dynamics, and consumer demands. Consumer electronics are becoming more sophisticated and feature-rich, requiring advanced manufacturing capabilities. EMS providers offer expertise in handling complex electronic assemblies, PCB design, and high-volume production, meeting the demands of modern consumer devices. The consumer electronics industry is characterized by rapid innovation and shorter lifecycles of products. EMS companies provide flexibility and scalability in manufacturing, enabling Original Equipment Manufacturers (OEMs) to quickly adapt to changing market trends.

EMS providers offer cost-effective manufacturing solutions by leveraging economies of scale and efficient production processes. Consumer electronics companies benefit from outsourcing manufacturing to EMS providers, reducing overall production costs. Further, consumer electronics companies can focus on product design, marketing, and innovation by outsourcing manufacturing to EMS providers. This allows original equipment manufacturers OEMs to concentrate on their core competencies while relying on EMS expertise for efficient production. In conclusion, the rising adoption of EMS in consumer electronics is driven by the industry’s need for efficient, cost-effective, and flexible manufacturing solutions. EMS providers play a crucial role in supporting consumer electronics companies in navigating the challenges of a dynamic market, ensuring they can bring innovative products to consumers in a timely and competitive manner.


Violation and Lack of Intellectual Property Rights to Hamper Market Growth

The violation and lack of protection for Intellectual Property (IP) rights pose significant challenges to the global electronic manufacturing services market. This issue hampers the electronic manufacturing services (EMS) market growth in various ways, such as impacting innovation, competitiveness, and trust within the industry. Violations of IP rights contributes to the proliferation of counterfeit electronic products and components. Unscrupulous manufacturers may engage in imitative production, replicating designs without proper authorization, leading to a flood of substandard and potentially unsafe products. The presence of counterfeit or copied products in the market can harm the reputation of genuine EMS providers and OEMs. Consumers may associate poor quality or unsafe products with legitimate brands, losing trust in the industry.

In addition, the lack of IP protection discourages companies from investing in research and development (R&D) activities. EMS providers and OEMs may hesitate to introduce cutting-edge technologies or unique features in their products if they fear immediate imitation without legal consequences. In summary, violating and lacking protection for intellectual property rights are detrimental to the global EMS market. Addressing these challenges requires a concerted effort from industry stakeholders, governments, and international bodies to establish and enforce robust IP protection mechanisms, fostering an environment that encourages innovation, investment, and fair competition within the electronic manufacturing sector.

Electronic Manufacturing Services (EMS) Market Segmentation Analysis

By Service Analysis

Electronic Manufacturing Services Segment to Lead the Market Due to its Comprehensive Offerings

By service, the market is segmented into electronics manufacturing services, engineering services, test & development implementation, logistics services, and others.

Among these, the electronic manufacturing services segment holds the highest market share due to its comprehensive offerings, covering design, assembly, and testing of electronic components and products. EMS providers cater to various industries, offering a wide range of electronic products, contributing to their dominant market share. The global footprint of EMS providers ensures they can efficiently serve diverse markets, supporting their leading position in the industry.

The engineering services segment exhibits the highest CAGR in the market due to the increasing demand for product innovation and design manufacturers' expertise. Growing emphasis on innovation and technological advancements fuels demand for specialized engineering services, contributing to the segment’s highest CAGR. The need for rapid product development and shorter lifecycles boosts demand for engineering services, enhancing their growth potential.

The test & development implementation segment focuses on ensuring product quality through rigorous testing and development implementation processes, thus holding a considerable market share.

The logistics services segment is crucial in streamlining the supply chain, ensuring timely delivery of electronic components and products. With the global nature of the EMS market, logistics services become integral for managing the movement of materials across regions.

The others segment encompasses various ancillary services within the EMS market, such as the aftermarket services, which includes post-sales support, repairs, and maintenance.

By Industry Analysis

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Consumer Electronics Segment to Experience High Growth Owing to Technological Advancements in Cosumer Electronics Industry

Based on industry, the market is classified into consumer electronics, automotive, heavy industrial manufacturing, aerospace and defense, healthcare, IT and telecom, and others.

The consumer electronics segment holds the highest electronic manufacturing services market share due to the industry's constant demand for innovative and feature-rich electronic devices. Frequent product launches and technological advancements in the consumer electronics industry contribute to sustained segment growth within the market.

On the other hand, the IT and telecom segment exhibits the highest CAGR during the forecast period due to the constant evolution of technology and the growing demand for seamless communication solutions. The rollout of 5G technology has further driven the growth of EMS services in the IT and telecom sector. EMS providers play a key role in developing and manufacturing components for the expanding Internet of Things (IoT) ecosystem.

The automotive segment holds the second highest market share after consumer electronics as the sector relies on EMS for advanced vehicle electronics, emphasizing safety features, connectivity, and smart technologies. Heavy industrial manufacturing demands sophisticated electronic systems, and EMS plays a vital role in designing and manufacturing these complex components, contributing to the sector's market share.

The aerospace and defense industry has stringent quality and safety standards, making EMS crucial for meeting compliance requirements, leading to a considerable global market share. EMS supports the manufacturing of electronic components for medical devices, contributing to advancements in healthcare technology.

The others segment includes diverse industries, such as energy utility and others, contributing to the electronic manufacturing.


In terms of geography, the market for electronic manufacturing services (EMS) is studied across North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Asia Pacific Electronic Manufacturing Services (EMS) Market Size, 2023 (USD Billion)

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In 2023, the Asia Pacific region dominates the market with the highest market share and CAGR, driven by the region’s strong presence in consumer electronics, automotive, and telecommunications sectors. Moreover, the region serves as a major manufacturing hub for electronics, attracting a significant share of EMS activities. The region experiences rapid technological advancements and a growing tech ecosystem, contributing to the high CAGR throughout the forecast period. China, Japan, India, and South Korea are the top Asian Pacific EMS market contributors.

China holds a dominant position in the global electronic manufacturing services market, driven by its status as a manufacturing powerhouse and is a major player in the electronics industry. The country hosts numerous EMS providers catering to domestic and international markets. The country’s EMS market is robust in diverse industries, including consumer electronics, telecommunications, automotive, and industrial manufacturing. The country’s cost-effective manufacturing capabilities makes it a preferred location for outsourcing electronic manufacturing. Key players in the China EMS market include Foxconn (Hon Hai Precision Industry Co., Ltd.), BYD Electronic Co., Ltd., and Flex Ltd. Several Chinese EMS providers have expanded their operations globally, establishing a presence in key markets globally.

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Europe holds the second highest market share after Asia Pacific. The countries in the region emphasize innovation and high-tech manufacturing, contributing to the demand for EMS services. The region's strong presence in the automotive and aerospace industries supports EMS growth. Europe’s commitment to sustainability in manufacturing positions EMS services favorably.

The North American electronic manufacturing services (EMS) market is a significant player in the global electronics manufacturing landscape, holding the third highest market share. Substantial investments in Research and Development (R&D) contributes to the region’s capability to offer cutting-edge solutions and stay at the forefront of technology. Innovation hubs in the U.S. and Canada foster collaboration between EMS providers and high-tech industries, influencing the market’s growth. Moreover, the growing demand for electronic components in the healthcare sector fuels the market, with EMS providers supporting medical device manufacturing.

The Middle East & Africa region is emerging as a noteworthy region in the global Electronic Manufacturing Services market. The region is witnessing a developing presence in EMS, driven by increased infrastructure development and investments in technology. Increasing emphasis on technology adoption in the region stimulates demand for EMS, especially in supporting advancements in various industries. The adoption of renewable energy solutions creates opportunities for EMS providers to contribute to electronic components in this sector.

The South American region holds a comparatively lesser market share. However, the region is steadily establishing a presence in the EMS market, marked by expanding electronics manufacturing activities. The demand for consumer electronics in South America plays an important role in the gradual expansion of EMS services, particularly in meeting local market needs. Increasing efforts towards economic development also create potential for the growth of EMS services, albeit at a slower pace.

List of Key Companies in Electronic Manufacturing Services (EMS) Market

Key Players Focus on Developing Advanced EMS to Strengthen Competition Drives Market Growth

Global electronics manufacturers such as Hon Hai Precision Industry Co. Ltd (Foxconn), Jabil Inc., Sanmina Corporation, Flex Ltd, and Benchmark Electronics, Inc. are launching distinctive solutions with modern technologies such as AI, ML, and others. In addition, the market's intense competition prompts service providers to focus on acquisition methods to enhance their market positions.

List of Key Companies Profiled:

  • Sanmina Corporation (U.S.)

  • Hon Hai Precision Industry Co. Ltd (Foxconn) (Taiwan)

  • Benchmark Electronics Inc. (U.S.)

  • Flex Ltd (Singapore)

  • Jabil Inc. (U.S.)

  • Celestica Inc. (Canada)

  • Wistron Corporation (Taiwan)

  • Plexus Corporation (U.S.)

  • Fabrinet (Thailand)

  • COMPAL Inc. (Taiwan)


  • May 2023: Creation Technologies opened a new manufacturing facility at St. Peter, U.S., with an increasing floor space of 88,880 square feet. This manufacturing facility enabled integrated EMS service providers and provided expert design, supply chain, and aftermarket solutions services for OEM manufacturers in the automotive, aerospace and defense sectors.

  • October 2022: Benchmark Electronics Inc., a global leader in providing manufacturing, design, and engineering services, partnered with Yield Engineering System. Through this partnership, Benchmark Electronics Inc. expanded its production line in Malaysia.

  • February 2022: Foxconn, a leading global electronic goods manufacturing company, signed a memorandum of understanding (MoU) with the Indian multinational conglomerate company Vedanta. Through this partnership, Foxconn invested USD 118.17 million, a 40% stack of joint ventures. The business strategy focused on promoting electronics manufacturing production in India.

  • March 2021: Plexus Corp. has announced plans to build a manufacturing facility in Bangkok, Thailand, covering an area of 400,000 square feet. The facility will consist of two production and warehousing levels and four levels for office space. This expansion aims to capitalize on projected growth opportunities in the Asia Pacific region.

  • March 2021: Benchmark Electronics, Inc. formed a partnership with Ouster, Inc. to facilitate the increased production of their high-resolution digital LIDAR sensors. This collaboration aims to meet the growing demand for LIDAR sensors in various industries, such as smart infrastructure robotics, industrial automation and automotive sectors. Through leveraging Benchmark Electronics, Inc.‘s proficiency in PCB assemblies, optics, microelectronics, and automated testing, Ouster Inc. aims to scale up the manufacturing of its LIDAR sensors successfully.


The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product/service types, and leading applications of the product. Besides, the report offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that contributed to the growth of the market in recent years.

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Report Scope & Segmentation



Study Period


Base Year


Estimated Year


Forecast Period


Historical Period


Growth Rate

CAGR of 7.4% from 2024 to 2032


Value (USD Billion)














By Service

  • Electronics Manufacturing Services

  • Engineering Services

  • Test & Development Implementation

  • Logistics Services

  • Others (Aftersales, etc.)

By Industry

  • Consumer Electronics

  • Automotive

  • Heavy Industrial Manufacturing

  • Aerospace and Defense

  • Healthcare

  • IT and Telecom

  • Others (Energy Utility, etc.)

By Region

  • North America (By Service, By Industry and By Country)

    • U.S. (By Industry)

    • Canada (By Industry)

    • Mexico (By Industry)

  • Europe (By Service, By Industry and By Country)

    • U.K. (By Industry)

    • Germany (By Industry)

    • France (By Industry)

    • Italy (By Industry)

    • Spain (By Industry)

    • Russia (By Industry)

    • Benelux (By Industry)

    • Nordics (By Industry)

    • Rest of Europe

  • Asia Pacific (By Service, By Industry, and By Country)

    • China (By Industry)

    • India (By Industry)

    • Japan (By Industry)

    • South Korea (By Industry)

    • ASEAN (By Industry)

    • Oceania (By Industry)

    • Rest of Asia Pacific

  • Middle East & Africa (By Service, By Industry, and By Country)

    • GCC (By Industry)

    • Turkey (By Industry)

    • Israel (By Industry)

    • North Africa (By Industry)

    • South Africa (By Industry)

    • Rest of the Middle East and Africa

  • South America (By Service, By Industry, and By Country)

    • Brazil (By Industry)

    • Argentina (By Industry)

    • Rest of South America

Frequently Asked Questions

The market is projected to reach USD 1017.85 billion by 2032.

The market is projected to grow at a CAGR of 7.4% during the forecast period.

The consumer electronics industry segment is expected to lead the market.

The rising adoption of EMS in consumer electronics drives the growth of the market.

Sanmina Corporation, Hon Hai Precision Industry Co. Ltd (Foxconn), Benchmark Electronics Inc., Flex Ltd, Jabil Inc., Celestica Inc., Wistron Corporation, Plexus Corporation, Fabrinet, COMPAL Inc. are the top players in the market.

Asia Pacific is expected to hold the highest market share.

By industry, the IT and Telecom segment is expected to grow with the highest CAGR during the forecast period.

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