The Europe Telecom Electronic Manufacturing Services Market would witness market growth of 7.0% CAGR during the forecast period (2023-2030).
Radio frequency (RF) or wireless devices are frequently used in telecommunications applications. EMS providers may assemble radio frequency identification devices (RFID) and other telecommunication and wireless technologies. Furthermore, increasing demand for mobile phones, telecom products, and smart electronic devices is driving the growth of the market. In addition, rapidly developing devices, such as smartphones and tablets, have facilitated unique collaborations and partnerships between service providers and OEMs. The prominent factor driving the growth of the market includes increasing demand for EMS technology in the telecom sector.
The increasing need for mobile phones, telecom products, and smart electronic devices is propelling the growth of the market. The growing need for electronic devices in developed and developing countries and government initiatives are the key factors for the rise in local manufacturing that fuels the market expansion. However, one of the major restraints is the high labour costs in the manufacturing sector. Higher labour costs, such as higher wage rates and employee benefits, motivate employees to work seamlessly. Still, they can reduce the company's profits and decrease the number of jobs, which may impact its growth.
According to Germany Trade and Invest, Germany is projected to become the leading spender in Europe in terms of IoT expenditures, surpassing EUR 35 billion by 2023. Furthermore, the turnover generated by IoT is expected to double from EUR 22.5 billion in 2018 to EUR 45 billion by 2023. Rising ITO spending in Germany may indicate an increased focus on upgrading and expanding telecom infrastructure. Telecom EMS providers are critical in manufacturing the equipment and components needed to deploy advanced networks, including 5G technology. As telecom companies focus on ITO to enhance their services, EMS providers must adhere to industry standards and compliance requirements. The factors mentioned above will propel the market growth in this region.
The Germany market dominated the Europe Telecom Electronic Manufacturing Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,163.5 million by 2030. The UK market is exhibiting a CAGR of 6.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.8% during (2023 - 2030).
Based on Type, the market is segmented into Electronic Manufacturing, Electronics Assembly, Electronic Design & Engineering, Supply Chain Management, and Others. Based on Product, the market is segmented into Transceivers & Transmitters, Servers & Routers, RF & Microwave, Computing Devices & Equipment, Fiber Optic Devices, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Telecom Electronic Manufacturing Services Market will Hit USD 331.5 Billion by 2030, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Flex Ltd, Jabil, Inc., Plexus Corporation, Benchmark Electronics, Inc., Celestica, Inc., Compal Electronics, Inc., Creation Technologies LP, Hon Hai Precision Industry Co., Ltd., Venture Corporation Limited and Sanmina Corporation
Scope of the Study
Market Segments Covered in the Report:
By Type
- Electronic Manufacturing
- Electronics Assembly
- Electronic Design & Engineering
- Supply Chain Management
- Others
By Product
- Transceivers & Transmitters
- Servers & Routers
- RF & Microwave
- Computing Devices & Equipment
- Fiber Optic Devices
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Flex Ltd
- Jabil, Inc.
- Plexus Corporation
- Benchmark Electronics, Inc.
- Celestica, Inc.
- Compal Electronics, Inc.
- Creation Technologies LP
- Hon Hai Precision Industry Co., Ltd.
- Venture Corporation Limited
- Sanmina Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Telecom Electronic Manufacturing Market, by Type
1.4.2 Europe Telecom Electronic Manufacturing Market, by Product
1.4.3 Europe Telecom Electronic Manufacturing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Acquisition and Mergers
4.2.3 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2023, Aug) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. Europe Telecom Electronic Manufacturing Services Market by Type
5.1 Europe Electronic Manufacturing Market by Country
5.2 Europe Electronics Assembly Market by Country
5.3 Europe Electronic Design & Engineering Market by Country
5.4 Europe Supply Chain Management Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Telecom Electronic Manufacturing Services Market by Product
6.1 Europe Transceivers & Transmitters Market by Country
6.2 Europe Servers & Routers Market by Country
6.3 Europe RF & Microwave Market by Country
6.4 Europe Computing Devices & Equipment Market by Country
6.5 Europe Fiber Optic Devices Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Telecom Electronic Manufacturing Services Market by Country
7.1 Germany Telecom Electronic Manufacturing Services Market
7.1.1 Germany Telecom Electronic Manufacturing Services Market by Type
7.1.2 Germany Telecom Electronic Manufacturing Services Market by Product
7.2 UK Telecom Electronic Manufacturing Services Market
7.2.1 UK Telecom Electronic Manufacturing Services Market by Type
7.2.2 UK Telecom Electronic Manufacturing Services Market by Product
7.3 France Telecom Electronic Manufacturing Services Market
7.3.1 France Telecom Electronic Manufacturing Services Market by Type
7.3.2 France Telecom Electronic Manufacturing Services Market by Product
7.4 Russia Telecom Electronic Manufacturing Services Market
7.4.1 Russia Telecom Electronic Manufacturing Services Market by Type
7.4.2 Russia Telecom Electronic Manufacturing Services Market by Product
7.5 Spain Telecom Electronic Manufacturing Services Market
7.5.1 Spain Telecom Electronic Manufacturing Services Market by Type
7.5.2 Spain Telecom Electronic Manufacturing Services Market by Product
7.6 Italy Telecom Electronic Manufacturing Services Market
7.6.1 Italy Telecom Electronic Manufacturing Services Market by Type
7.6.2 Italy Telecom Electronic Manufacturing Services Market by Product
7.7 Rest of Europe Telecom Electronic Manufacturing Services Market
7.7.1 Rest of Europe Telecom Electronic Manufacturing Services Market by Type
7.7.2 Rest of Europe Telecom Electronic Manufacturing Services Market by Product
Chapter 8. Company Profiles
8.1 Creation Technologies LP
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.2 Flex Ltd
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 SWOT Analysis
8.3 Hon Hai Precision Industry Co., Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Research & Development Expenses
8.3.4 Recent strategies and developments:
8.3.4.1 Geographical Expansions:
8.3.5 SWOT Analysis
8.4 Jabil, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.4.6 SWOT Analysis
8.5 Plexus Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 SWOT Analysis
8.6 Benchmark Electronics, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.6.4.2 Geographical Expansions:
8.7 Celestica, Inc. (Onex Corporation)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.8 Compal Electronics, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 Venture Corporation Limited
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.10. Sanmina Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 2 Europe Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Telecom Electronic Manufacturing Services Market
TABLE 4 Acquisition and Mergers – Telecom Electronic Manufacturing Services Market
TABLE 5 Geographical Expansions– Telecom Electronic Manufacturing Services Market
TABLE 6 Europe Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 7 Europe Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 8 Europe Electronic Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Electronic Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe Electronics Assembly Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Electronics Assembly Market by Country, 2023 - 2030, USD Million
TABLE 12 Europe Electronic Design & Engineering Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Electronic Design & Engineering Market by Country, 2023 - 2030, USD Million
TABLE 14 Europe Supply Chain Management Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Supply Chain Management Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 19 Europe Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 20 Europe Transceivers & Transmitters Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Transceivers & Transmitters Market by Country, 2023 - 2030, USD Million
TABLE 22 Europe Servers & Routers Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Servers & Routers Market by Country, 2023 - 2030, USD Million
TABLE 24 Europe RF & Microwave Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe RF & Microwave Market by Country, 2023 - 2030, USD Million
TABLE 26 Europe Computing Devices & Equipment Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Computing Devices & Equipment Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe Fiber Optic Devices Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Fiber Optic Devices Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 32 Europe Telecom Electronic Manufacturing Services Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Telecom Electronic Manufacturing Services Market by Country, 2023 - 2030, USD Million
TABLE 34 Germany Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 35 Germany Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 36 Germany Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 37 Germany Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 38 Germany Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 39 Germany Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 40 UK Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 41 UK Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 42 UK Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 43 UK Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 44 UK Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 45 UK Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 46 France Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 47 France Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 48 France Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 49 France Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 50 France Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 51 France Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 52 Russia Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 53 Russia Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 54 Russia Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 55 Russia Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 56 Russia Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 57 Russia Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 58 Spain Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 59 Spain Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 60 Spain Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 61 Spain Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 62 Spain Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 63 Spain Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 64 Italy Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 65 Italy Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 66 Italy Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 67 Italy Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 68 Italy Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 69 Italy Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 70 Rest of Europe Telecom Electronic Manufacturing Services Market, 2019 - 2022, USD Million
TABLE 71 Rest of Europe Telecom Electronic Manufacturing Services Market, 2023 - 2030, USD Million
TABLE 72 Rest of Europe Telecom Electronic Manufacturing Services Market by Type, 2019 - 2022, USD Million
TABLE 73 Rest of Europe Telecom Electronic Manufacturing Services Market by Type, 2023 - 2030, USD Million
TABLE 74 Rest of Europe Telecom Electronic Manufacturing Services Market by Product, 2019 - 2022, USD Million
TABLE 75 Rest of Europe Telecom Electronic Manufacturing Services Market by Product, 2023 - 2030, USD Million
TABLE 76 Key Information – Creation Technologies LP
TABLE 77 Key Information – Flex Ltd
TABLE 78 Key Information – Hon Hai Precision Industry Co., Ltd.
TABLE 79 key Information – Jabil, Inc.
TABLE 80 Key Information – Plexus Corporation
TABLE 81 Key Information – Benchmark Electronics, Inc.
TABLE 82 Key information – Celestica, Inc.
TABLE 83 Key Information – Compal Electronics, Inc.
TABLE 84 Key Information – Venture Corporation Limited
TABLE 85 Key Information – Sanmina Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Telecom Electronic Manufacturing Services Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Telecom Electronic Manufacturing Services Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2023, Aug) Leading Players
FIG 7 Porter’s Five Forces Analysis – Telecom Electronic Manufacturing Services Market
FIG 8 Europe Telecom Electronic Manufacturing Services Market share by Type, 2022
FIG 9 Europe Telecom Electronic Manufacturing Services Market share by Type, 2030
FIG 10 Europe Telecom Electronic Manufacturing Services Market by Type, 2019 - 2030, USD Million
FIG 11 Europe Telecom Electronic Manufacturing Services Market share by Product, 2022
FIG 12 Europe Telecom Electronic Manufacturing Services Market share by Product, 2030
FIG 13 Europe Telecom Electronic Manufacturing Services Market by Product, 2019 - 2030, USD Million
FIG 14 Europe Telecom Electronic Manufacturing Services Market share by Country, 2022
FIG 15 Europe Telecom Electronic Manufacturing Services Market share by Country, 2030
FIG 16 Europe Telecom Electronic Manufacturing Services Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Flex Ltd
FIG 18 SWOT Analysis: Hon Hai Precision Industry Co. Ltd
FIG 19 Recent strategies and developments: Jabil, Inc.
FIG 20 SWOT Analysis: Jabil, Inc.
FIG 21 SWOT Analysis: Plexus Corporation