The Asia Pacific Electronic Contract Manufacturing and Design Market would witness market growth of 9.4% CAGR during the forecast period (2021-2027).
Due to the capacity of contract manufacturers to specialize in economies of scale in services, raw materials procurement, industrial design expertise, and pooling resources along with providing value-added services like warranty and repairs, the electronic contract manufacturing and design services would witness lucrative growth opportunities. Additionally, it enables OEMs to prevent undertaking repetitive or complicated industrial activities. These factors would act as growth catalysts for the overall electronic contract manufacturing and design market during the forecasting period.
The APAC region has become conducive for electronic contract manufacturing services due to the low labor cost and high availability of the workforce. However, the major countries of this region were hit hard by the global pandemic, as a result hampering the growth & demand for electronic contract manufacturing and design in the regional market. Moreover, the adoption of electronic contract manufacturing and design market among end-use industries has significantly increased due to the higher requirement to optimize resources and technological advancements in manufacturing plants. Hence, these factors are set to create lucrative growth opportunities for the players operating in the regional electronic contract manufacturing and design market during the forecast period.
The China market dominated the Asia Pacific Electronic Contract Manufacturing And Design Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $87,579.2 million by 2027, growing at a CAGR of 7.5 % during the forecast period. The Japan market is exhibiting a CAGR of 8.7% during (2021 - 2027). Additionally, The Taiwan market would witness a CAGR of 10.2% during (2021 - 2027).
Based on Services Type, the market is segmented into Electronic Manufacturing, Electronics Assembly, Electronic Design & Engineering, Others. Based on Industry Vertical, the market is segmented into IT & Telecom, Consumer Electronics, Healthcare, Industrial, Automotive, Aerospace & Defense, Power & Energy and Others.
Free Valuable Insights: The Worldwide Electronic Contract Manufacturing and Design Market is Projected to reach USD 730.5 Billion by 2027, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Benchmark Electronics, Inc., Plexus Corporation, Flextronics International, Ltd., Hon Hai Precision Industry Co., Ltd., Celestica, Inc. (Onex Corporation), Sanmina Corporation, Fabrinet, Jabil, Inc., Venture Corporation Limited, and Compal Electronics, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Services Type
- Electronic Manufacturing
- Electronics Assembly
- Electronic Design & Engineering
- Others
By Industry Vertical
- IT & Telecom
- Consumer Electronics
- Healthcare
- Industrial
- Automotive
- Aerospace & Defense
- Power & Energy
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Taiwan
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Benchmark Electronics, Inc.
- Plexus Corporation
- Flextronics International, Ltd.
- Hon Hai Precision Industry Co., Ltd.
- Celestica, Inc. (Onex Corporation)
- Sanmina Corporation
- Fabrinet
- Jabil, Inc.
- Venture Corporation Limited
- Compal Electronics, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electronic Contract Manufacturing And Design Services Market, by Services Type
1.4.2 Asia Pacific Electronic Contract Manufacturing And Design Services Market, by Industry Vertical
1.4.3 Asia Pacific Electronic Contract Manufacturing And Design Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, May – 2021, Oct) Leading Players
Chapter 4. Asia Pacific Electronic Contract Manufacturing And Design Services Market by Industry Vertical
4.1 Asia Pacific IT & Telecom Electronic Contract Manufacturing And Design Services Market by Country
4.2 Asia Pacific Consumer Electronics Electronic Contract Manufacturing And Design Services Market by Country
4.3 Asia Pacific Healthcare Electronic Contract Manufacturing And Design Services Market by Country
4.4 Asia Pacific Industrial Electronic Contract Manufacturing And Design Services Market by Country
4.5 Asia Pacific Automotive Electronic Contract Manufacturing And Design Services Market by Country
4.6 Asia Pacific Aerospace & Defense Electronic Contract Manufacturing And Design Services Market by Country
4.7 Asia Pacific Power & Energy Electronic Contract Manufacturing And Design Services Market by Country
4.8 Asia Pacific Other Industry Vertical Electronic Contract Manufacturing And Design Services Market by Country
Chapter 5. Asia Pacific Electronic Contract Manufacturing And Design Services Market by Services Type
5.1 Asia Pacific Electronic Contract Manufacturing And Design Services Electronic Manufacturing Market by Country
5.2 Asia Pacific Electronic Contract Manufacturing And Design Services Electronics Assembly Market by Country
5.3 Asia Pacific Electronic Contract Manufacturing And Design Services Electronic Design & Engineering Market by Country
5.4 Asia Pacific Electronic Contract Manufacturing And Design Services Others Market by Country
Chapter 6. Asia Pacific Electronic Contract Manufacturing And Design Services Market by Country
6.1 China Electronic Contract Manufacturing And Design Services Market
6.1.1 China Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.1.2 China Electronic Contract Manufacturing And Design Services Market by Services Type
6.2 Japan Electronic Contract Manufacturing And Design Services Market
6.2.1 Japan Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.2.2 Japan Electronic Contract Manufacturing And Design Services Market by Services Type
6.3 Taiwan Electronic Contract Manufacturing And Design Services Market
6.3.1 Taiwan Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.3.2 Taiwan Electronic Contract Manufacturing And Design Services Market by Services Type
6.4 India Electronic Contract Manufacturing And Design Services Market
6.4.1 India Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.4.2 India Electronic Contract Manufacturing And Design Services Market by Services Type
6.5 South Korea Electronic Contract Manufacturing And Design Services Market
6.5.1 South Korea Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.5.2 South Korea Electronic Contract Manufacturing And Design Services Market by Services Type
6.6 Singapore Electronic Contract Manufacturing And Design Services Market
6.6.1 Singapore Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.6.2 Singapore Electronic Contract Manufacturing And Design Services Market by Services Type
6.7 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market
6.7.1 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market by Industry Vertical
6.7.2 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market by Services Type
Chapter 7. Company Profiles
7.1 Benchmark Electronics, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional and Segmental Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Geographical Expansions:
7.2 Plexus Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional and Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Geographical Expansions:
7.3 Flextronics International, Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional and Segmental Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.4 Hon Hai Precision Industry Co., Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisitions and Mergers:
7.5 Celestica, Inc. (Onex Corporation)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisitions and Mergers:
7.5.5.3 Geographical Expansions:
7.6 Sanmina Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional and Segmental Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Geographical Expansions:
7.7 Fabrinet
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Partnerships, Collaborations, and Agreements:
7.7.4.2 Geographical Expansions:
7.8 Jabil, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional and Segmental Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisitions and Mergers:
7.8.5.3 Geographical Expansions:
7.9 Venture Corporation Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional and Segmental Analysis
7.9.4 Research & Development Expense
7.10. Compal Electronics, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional and Segmental Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Acquisitions and Mergers:
TABLE 1 Asia Pacific Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Electronic Contract Manufacturing and Design Services Market
TABLE 4 Acquisition and Mergers– Electronic Contract Manufacturing and Design Services Market
TABLE 5 Geographical Expansions– Electronic Contract Manufacturing and Design Services Market
TABLE 6 Asia Pacific Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 8 Asia Pacific IT & Telecom Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific IT & Telecom Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Consumer Electronics Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Consumer Electronics Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Healthcare Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Healthcare Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Industrial Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Industrial Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Automotive Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Automotive Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Aerospace & Defense Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Aerospace & Defense Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Power & Energy Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Power & Energy Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Other Industry Vertical Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Other Industry Vertical Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Electronic Contract Manufacturing And Design Services Electronic Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Electronic Contract Manufacturing And Design Services Electronic Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Electronic Contract Manufacturing And Design Services Electronics Assembly Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Electronic Contract Manufacturing And Design Services Electronics Assembly Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Electronic Contract Manufacturing And Design Services Electronic Design & Engineering Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Electronic Contract Manufacturing And Design Services Electronic Design & Engineering Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Electronic Contract Manufacturing And Design Services Others Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Electronic Contract Manufacturing And Design Services Others Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Electronic Contract Manufacturing And Design Services Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Electronic Contract Manufacturing And Design Services Market by Country, 2021 - 2027, USD Million
TABLE 36 China Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 37 China Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 38 China Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 39 China Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 40 China Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 41 China Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 42 Japan Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 43 Japan Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 44 Japan Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 45 Japan Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 46 Japan Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 47 Japan Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 48 Taiwan Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 49 Taiwan Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 50 Taiwan Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 51 Taiwan Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 52 Taiwan Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 53 Taiwan Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 54 India Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 55 India Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 56 India Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 57 India Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 58 India Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 59 India Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 60 South Korea Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 61 South Korea Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 62 South Korea Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 63 South Korea Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 64 South Korea Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 65 South Korea Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 66 Singapore Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 67 Singapore Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 68 Singapore Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 69 Singapore Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 70 Singapore Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 71 Singapore Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 72 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market, 2017 - 2020, USD Million
TABLE 73 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market, 2021 - 2027, USD Million
TABLE 74 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 75 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 76 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market by Services Type, 2017 - 2020, USD Million
TABLE 77 Rest of Asia Pacific Electronic Contract Manufacturing And Design Services Market by Services Type, 2021 - 2027, USD Million
TABLE 78 Key Information – Benchmark Electronics, Inc.
TABLE 79 Key Information – Plexus Corporation
TABLE 80 Key Information – Flextronics International, Ltd.
TABLE 81 Key Information – Hon Hai Precision Industry Co., Ltd.
TABLE 82 Key information – Celestica, Inc.
TABLE 83 Key Information – Sanmina Corporation
TABLE 84 Key Information – Fabrinet
TABLE 85 key Information – Jabil, Inc.
TABLE 86 Key Information – Venture Corporation Limited
TABLE 87 Key Information – Compal Electronics, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, May – 2021, Oct) Leading Players
FIG 5 Recent strategies and developments: Benchmark Electronics, Inc.
FIG 6 Recent strategies and developments: Plexus Corporation
FIG 7 Recent strategies and developments: Hon Hai Precision Industry Co., Ltd.
FIG 8 Recent strategies and developments: Celestica, Inc. (Onex Corporation)
FIG 9 Recent strategies and developments: Sanmina Corporation
FIG 10 Recent strategies and developments: Fabrinet
FIG 11 Recent strategies and developments: Jabil, Inc.