Market Research Future Analyzes Impact of COVID-19 on EMS and ODM Market 2025

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Market Research Future Analyzes Impact of
COVID-19 on EMS and ODM Market 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
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EMS and ODM Market

Overview The Global EMS and ODM Market is
expected to reach USD 1106.3 Billion by 2025 at a
CAGR of 8.62 during the forecast period. Market
Research Future (MRFR) in its report envelops
segmentations and drivers to provide a better
glimpse of the market in the coming
years. Competitive Analysis The key players of
global EMS and ODM market are Foxconn Technology
Co. Ltd (Taiwan), New Kinpo Group (Taiwan),
Universal Scientific Industrial Co., Ltd (China),
Shenzhen Kaifa Technology Co., Ltd (China),
Venture Corporation Ltd (Singapore), Zollner
Elektronik AG (Germany), UMC Electronics Co., Ltd
(Japan), Flex Ltd (Singapore), Jabil Inc. (US),
and Sanmina Corporation (US), among
others. Segmental Analysis The global EMS and ODM
market has been segmented based on product,
application, and region. Based on product the
market has been classified as EMS and ODM. The
EMS segment accounted for the larger market share
in 2018, with a market value of USD 435.65
billion it is expected to register the higher
CAGR during the forecast period. However, the ODM
segment contributed less as compared to EMS in
2018. EMS companies offer to manufacture printed
circuit boards, microelectronics components,
optoelectronic devices, and RF and wireless
devices. EMS companies also specialize in various
production levels and speeds to build multiple
prototypes at different design and planning
stages. Many organizations adopt EMS solutions to
produce large volumes of prototypes and products.
Moreover, EMS providers also offer onsite
services such as PCB etching, necessary for the
manufacturing process. The key benefits that OEMs
avail through ODMs are low labor costs, reduced
transportation costs, and strong connectivity
with the market. With core design manufacturing
handled by the ODM, the OEMS can focus on their
core business to attain higher profit margins.
ODM models are generally used in large
organizations where overseas design firms may
partner with a domestic company and manufacture
products according to their specifications.
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EMS and ODM Market

Get Free Sample Report _at_ https//www.marketresearc
hfuture.com/sample_request/8077 Based on
application, the market has been segmented into
communication, computer, consumer, industrial,
medical, and others. The communication segment
accounted for the largest market share in 2018
it is expected to register the higher CAGR during
the forecast period. The computer segment
accounted for the second highest market, while
the others segment was the least valued segment
in 2018. The communications industry has seen
rapid technological advancements in recent years
with a number of smartphone manufacturers opting
for EMS and ODM companies to outsource the
designing and development of their products.
EMS-ODM providers play a crucial role in the
manufacturing of computer and peripheral devices.
Many companies in Asia-Pacific design and
manufacture components of notebooks, desktops,
tablets, servers, workstations, and other
peripherals. Consumer electronics have a huge
dependency on EMS firms and ODM companies to
enhance the manufacturing of consumer electronics
products. Several OEMs of consumer electronics
require contract manufacturers to manufacture
products near regions where these products are
sold. Industrial electronics providers rely on
EMS firms and ODMs for the provision of process
control and testing solutions. A number of
industrial electronics providers focus on
deploying external technical experts to perform
measurement testing of high-end systems. Medical
electronics providers outsource the design and
production of class I, II, and III medical
devices. EMS firms and ODMs offer various
services in medical electronics markets such as
engineering, electrical systems development, and
testing, product concept manipulation and
prototyping, and PCB layout. Various other
applications of EMS firms and ODMs include
automotive electronics such as advanced driver
assistance systems and advanced motor control.
High demand for building intelligent
transportation motor vehicles is encouraging the
automotive electronics providers to outsource
their design requirements to EMS firms and
ODMs. Get Complete Report _at_ https//www.marketrese
archfuture.com/reports/ems-odm-market-8077
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