Global Electronic Contract Manufacturing and Design Services Market

Increasing functionalities, such as component assembly, sub-assembly manufacturing, engineering and design of printed circuit boards, and functional testing provided by contract manufacturers, are subsequently projected to boost the market over the forecast period.

The global electronic contract manufacturing and design services market accounted for US$ 417.0 billion in 2019 and is estimated to be 731.73 billion by 2026 and is anticipated to register a CAGR of 8.5%. The report. "Global Electronic Contract Manufacturing and Design Services Market, By Service (Electronic Design & Engineering, Electronics Assembly, Electronic Manufacturing, and Others), By Type (Designing, Assembly, and Manufacturing), By End- User (Healthcare, Automotive, Industrial, Aerospace & Defense, IT & Telecom, Power & Energy, Consumer Electronics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2026”.

Key Highlights:

  • In October 2018, Kimball Electronics, Inc. declared that they have acquired GES Holdings, Inc. in order to expand them above EMS by using new capabilities and technologies to a multifaceted manufacturing solutions company. This will also help both the companies to meet the requirements and needs of the market and upsurge their customer reach.
  • In May 2019, Celestica Inc. declared that they are going to acquire Manufacturers' Services Ltd. in order to expand their business. This will help the company to improve their integrated services and solutions. This will also help the company to add high speed industrial complement to their present portfolio

Analyst View:

Increasing demand of EMS from various end users

OEMs are gaining support from electronic contract manufacturing firms. These OEMs authorize electronic manufacturing contract firms to take benefit from their supply chain management, design expertise, and industrialized capabilities. This helps the OEMs to reduce costs, leverage resources, access prominent manufacturing technologies, as well as decrease fixed capital investments and fulfil the demand of electronic contract manufacturing services. Additionally, electronic contract manufacturing also has advantage in retaining in-house actions and regulate responsibilities including, product cost management, quality assurance, network solutions integration, order management, customer service, customer interactions, and launch of new products. These factors are widely responsible for driving the global electronic contract manufacturing and design services market growth over the forecast period.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Electronic Contract Manufacturing and Design Services Market”, By Service (Electronic Design & Engineering, Electronics Assembly, Electronic Manufacturing, and Others), By Type (Designing, Assembly, and Manufacturing), By End- User (Healthcare, Automotive, Industrial, Aerospace & Defense, IT & Telecom, Power & Energy, Consumer Electronics, and Others),  and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2026.

Key Market Insights from the report:        

The global electronic contract manufacturing and design services market accounted for US$ 417.0 billion in 2019 and is estimated to be 731.73 billion by 2026 and is anticipated to register a CAGR of 8.5%. The market report has been segmented on the basis of services, type, end-user, and region.

  • By services, electronic design and engineering segment is expected to register a high growth throughout the forecast period due to the growing inclination of OEMs towards outsourcing their designing requirements. The electronic contract manufacturing & design services market is witnessing a huge demand for electronic circuit boards owing to increasing importance in several electronic devices, such as smartphones and tablets.
  • By type, the target market is segmented into designing, assembly, and manufacturing.
  • By end-user, IT and telecom segment has gained largest demand in 2019. However, increasing outsourcing trends in the healthcare, defense, automotive, and other non-technical segments are expected to spur their market shares in the coming years.
  • By region, North America is expected to register largest revenue share in the he Electronic Contract Manufacturing and Design Services market over the foreseeable future. This can be attributed due to increasing government’s initiatives to promote and improve Electronic Contract Manufacturing and Design Services in the region.

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Electronic-Contract-Manufacturing-and-Design-Services-Market-4231

Competitive Landscape:

The prominent player operating in the global electronic contract manufacturing and design services market includes Foxconn Electronics Inc., FLEX LTD, Celestica Inc., Kimball Electronics, Inc., Asteelflash Group, Benchmark Electronics, Venture Corporation Limited, ACTIA Group, Zollner Elektronik, and KeyTronicEMS.

The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered

  1. Introduction
  • Study Deliverables
  • Study Assumptions
  • Scope of the Study
  1. Research Methodology
  2. Executive Summary
  • Opportunity Map Analysis
  • Market at Glance
  • Market Share (%) and BPS Analysis, by Region
  • Competitive Landscape
  • Heat Map Analysis 
  • Market Presence and Specificity Analysis
  1. Investment Analysis
  2. Competitive Analysis

To know more

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Arvind Mafatlal group announces foray into Education Technology Services

The 116-year old Arvind Mafatlal Group, one of India’s leading business groups, today announced its foray into the fast growing education technology and services space.  The group launched Uniform Junction, among India’s first, one-stop, integrated supply chain solution and platform for K12 schools. Mafatlal group will leverage its five plus decades’ of experience working with schools to supply uniforms (where it owns 85% market share in organized market) and extend its capabilities in school supply chain, to provide the widest and most comprehensive range of school products as well as academic and non-academic courses and empower schools to be future-ready. 

Uniform Junction has already partnered with 500 schools across India and looks to triple this number by the end of 2021 and enable over 50,000 schools with the best and most futuristic K12 student solutions in the next three years. Mafatlal Group has made an initial investment of USD 3 million in the new venture, to build a robust technology platform and a partner network of the best school product and service providers from across the globe.

Announcing the group’s foray, Priyavrata Mafatlal, MD & CEO of Mafatlal Industries and
Co-founder & Director of Uniform Junction said
, “Like many other companies, the pandemic and the lockdown last year provided ample time for us to look closer at our strengths and capabilities and how better we could leverage it, while addressing the most relevant needs of a fast changing world and society. At the same time we witnessed  up close how a vast majority of schools, especially those in the non-metro and tier I & II cities, that were otherwise among the most effective and efficient, grappled with the new norm, online learning and a need to go beyond regular academic curriculum. This experience and the sudden stagnation of the uniform business is what set us thinking and led to the birth of Uniform Junction.”

“Uniform Junction’s offering will for the first time provide schools the choice of integrating all their requirements for effective education services to K12 students with a single partner and focus on delivering quality education to students. More importantly, it will enable and equip schools in non-metro cities to gain access to the best in global and futuristic education & also be better prepared to adapt to the new National Education Policy”, he added.

Gagan Jain, Co-founder & CEO of Uniform Junction further elaborated, “We have built a robust technology platform, which will empower schools digitally, simplify supply chain for them & enable them to offer world class products to their students.  We are launching Uniform Junction with over 1000s of courses covering both academic and non-academic curriculum in the initial phase and we look to keep expanding this further. We also have a large and special focus on non-academic courses that allow for more holistic development of students such as mental health, physical wellness, sports team, soft skills, etc. that if inculcated early in students will make a marked difference to their early education and its outcome at a time when the teachers are also grappling with the new normal”


India prides itself on the world’s largest K12 school system with more than 1.4 million schools and 250+ million students enrolled. Access and quality are the two biggest challenges faced by the Indian K12 system. Lack of proper infrastructure facilities, high pupil-teacher ratio and lack of trained teachers severely impact the quality of education imparted to students. The pandemic has further disrupted the education system and brought to the fore structural gaps in pedagogical knowledge and infrastructure to support online and hybrid models of future education. This situation has therefore compelled Indian education system and the players therein to reimagine the future of education.

Get professional Website Support services from Nirmal Web

Australia 08.06.2021. when you need more than developing WordPress, the step that should be taken by you is Website Support and maintenance. It is the duty of WordPress website developer company which have built your website provide your further support and maintenance. There are many tasks that most experienced WordPress developers perform for proper functioning of WordPress. the minor technical faults can make huge impact on your business productivity. Thus, you need quick Website Support Sydney to tackle all issues related to the website.

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Customer support: the phone and email support also a necessary part of WordPress support, if anyone need urgent assistance of WordPress experts.

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Future Electronics Awarded Worldwide Distributor of the Year by Raltron Electronics

Montreal, Canada (release-news ) June 8, 2021 - Future Electronics, a global leading distributor of electronic components, was recently recognized by Raltron Electronics., a world-renowned manufacturer of frequency management products, with the Worldwide Distributor of the Year 2020.

Despite the challenges of 2020 such as the global pandemic, Future Electronics enjoyed exponential growth in North America as well as the Europe, Middle East and Africa regions.

"We would like to acknowledge the hard work and perseverance of [Future Electronics] Product Marketing teams, that had the faith and courage to work with our sales partners of Manufacturers, Representatives, Area Managers and our support staff in Miami, Florida," said Ross Weiss, Vice President of Sales at Raltron Electronics. "It gives us great delight to acknowledge [Future Electronics'] efforts. We wish them continued success and look forward to even bigger and better times ahead."

About Future Electronics

Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a very extensive variety of electronic components. Founded by Robert G. Miller in 1968, Future Electronics believes its 5500 employees are its greatest asset, with 170 offices in 44 countries. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future's mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.

About Raltron Electronics

Founded in Miami, Fl. in 1983, Raltron Electronics Corporation has grown to become one of the most recognized and experienced manufacturers of frequency management products in the world. From simple tuning fork crystals to high stability oven controlled crystal oscillators, Raltron offers the most comprehensive line of frequency management devices in the industry. For more information, visit www.raltron.com.

Media Contact:

Claudio Caporicci
Global Director Marketing Communications & Advertising
FUTURE ELECTRONICS
www.FutureElectronics.com
+1 514-694-7710
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AverickMedia has refurbished the Nurses Email List to widen up the sales opportunities

The demand for nurses in the US market is increasing. The job responsibility of nurses is as hectic as doctors, and they work for various shifts; hence connecting with these professionals is challenging. AverickMedia has refurbished the Nurses Email List by adding 37% extra contact details; additionally, the Nurses Mailing List of AvercikMedia covers 89% of the overall nurse’s population in the United States.

Over the projected period, the market for registered nurses in the United States is expected to develop significantly. The industry is predicted to rise because of a large number of retiring baby boomers and increased demand for nurses. Registered nursing (RN) is one of the fastest-growing vocations in the United States, according to the Bureau of Labor Statistics. It also predicts that the number of registered nurses would rise from 2.9 million to 3.4 million between 2016 and 2026.

The Nurses Email List includes the whole details of the potential prospects such as full name, address, email address, ZIP code, Job role, SIC code, social media profiles. Indeed, the AverickMedia team analyses the business requirements and marketing goals to design the most comprehensive Nurses Email List by adding the potential prospect's contact details. This feature of AverickMedia enables them to get popularity in the market.

A wide variety of specifications are present in the nurse's job title like Pediatric Nurses, Critical Care Nurse, Public Health Nurses, Orthopedic Nurse, Nurse Educator, Clinical Nurse Specialist and many more. AverickeMedia is ensuring a highly comprehensive email list of all these specifications.

W.Robert, Marketing Manager said, "Our business wanted to expand our healthcare networks to nurses, we made many trials with our in-house refined email lists, it didn't help us to boost our sales opportunities. We invested in AverickMedia's Nurses Mailing List. 29% of sales opportunities were the result. An expanded ROI and conversions increased other success."

About the company: AverickMedia is an enthusiastic team of data experts who has a vision of rendering accurate and latest B2B databases to marketers. AverickMedia will permit B2B marketers to find the right market and audience for active marketing. Combine with AverickMedia to get consistent, customized market data.