AP NEWS

Global Electronics Manufacturing Services Market 2018-2022 | Increase in Outsourcing by OEMs to Drive Demand | Technavio

August 9, 2018

LONDON--(BUSINESS WIRE)--Aug 9, 2018--The global electronics manufacturing services market 2018-2022 is expected to post a CAGR of close to 4% during the forecast period, according to the latest market research report by .

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180809005709/en/

Technavio has published a new market research report on the global electronic manufacturing services market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is an increase in the outsourcing by OEMs. EMS providers have been greatly benefited by the increase in the outsourcing by OEMs. With the rapid technological advances, the diversified portfolios, and the increasing price pressure in the market, OEMs are forced to focus on core competencies. Hence, they started outsourcing their manufacturing and assembling requirements to EMS providers. This will help them achieve cost-effectiveness, access latest design and engineering capabilities, and reduce the time to market.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the industrial automation as one of the key emerging trends in the global electronics manufacturing services market:

Global electronics manufacturing services market: Industrial automation

Industrial automation includes the use of control systems, such as computers and robots, and IT to handle various processes, which reduces the dependence on human labor. Industrial automation, also known as industry 4.0, which is an emerging trend in EMS. Industrial automation provides various benefits such as increased productivity, high flexibility, improved accuracy, and high quality.

“When there is high demand, companies need to increase their working hours by paying additional compensation to their employees. With automation in place, companies can easily manipulate their working hours depending on the demand, which leads to improved scalability and flexibility. Moreover, in case of the launch of new technology, the companies by implementing automation will only need to program machines in accordance with the latest technology, which reduces the training and development costs,” says a senior analyst at Technavio.

Global electronics manufacturing services market: Segmentation analysis

This market research report segments the global electronics manufacturing services market by end-user (computing and consumer appliances, telecommunication, healthcare, and industrial), by service (design and engineering, manufacturing, and aftermarket), and geographical regions (APAC, EMEA, and the Americas).

The APAC region led the market in 2017 with a market share of around 43%, followed by the Americas and the EMEA respectively. The region is expected to continue to dominate the market during the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market sizing Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005709/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING ENGINEERING

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/09/2018 03:09 PM/DISC: 08/09/2018 03:09 PM

http://www.businesswire.com/news/home/20180809005709/en

AP RADIO
Update hourly