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Electronics Manufacturing Services Market to Surge, Reaching USD 853.05 Billion by 2030

globenewswire.com
SANM Sanmina Corporation is listed as a notable company within the electronics manufacturing services market. The article highlights the overall market's projected growth, implying potential benefits for established players like Sanmina, but offers no specific sentiment.

Electronics Manufacturing Services Market to Surge, Reaching USD 853.05 Billion by 2030 Dublin, June 30, 2026 (GLOBE NEWSWIRE) -- The "Electronics Manufacturing Services Market by Service, Application - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.

The electronics manufacturing services market is projected to grow from USD 648.51 billion in 2025 to USD 853.05 billion by 2030, at a compound annual growth rate (CAGR) of 5.6%. This growth is driven by the increasing demand for complex, high-performance electronic products and scalable manufacturing solutions.

Market Growth Drivers: The market is poised for significant growth due to rising demand across sectors like consumer electronics, automotive, and healthcare. As technology advances, OEMs rely on sophisticated manufacturing capabilities such as precision assembly and system integration. The expansion of global supply chains and the shift to smart manufacturing further accelerate the market demand for flexible and cost-efficient electronic manufacturing services.

Industry Dynamics: Electronics manufacturing is anticipated to hold the largest market share in 2024. This sector represents the core, high-volume activity of assembling and producing electronic components that OEMs routinely outsource. Key industries driving this demand include consumer electronics, automotive, and healthcare.

Automotive Sector's Rapid Growth: The automotive application segment is expected to record the second-highest CAGR during the forecast period. This growth is attributed to vehicle electrification, adoption of ADAS, and integration of connected technologies, which require complex components, enhancing demand for electronic manufacturing solutions.

Asia Pacific's Market Leadership: Asia Pacific is projected to exhibit the highest CAGR, fueled by manufacturing relocations and investments in electronics production. These developments make the region attractive for OEMs and service providers looking to optimize their operations.

Research Insights and Market Segmentation: Comprehensive primary interviews with industry experts have validated market size assessments. Key participants include Tier 1 companies (40%), Tier 2 companies (35%), and Tier 3 companies (25%). Geographically, responses came from regions including North America (41%) and Asia Pacific (28%).

Key Industry Players: Prominent companies in the market include Flex Ltd. (Singapore), Hon Hai Precision Industry Co., Ltd. (Taiwan), Jabil Inc. (US), Pegatron Corporation (Taiwan), and Wistron Corporation (Taiwan). Other notable companies are Sanmina Corporation (US), Kinpo Group (Taiwan), and Celestica Inc. (Canada).

Comprehensive Market Coverage: This report categorizes the market based on service, application, and region, outlining major drivers, restraints, challenges, and opportunities through 2030. It includes leadership mapping and a competitive analysis of companies within the market ecosystem.

Advantages of the Report: Market leaders and new entrants can benefit from this report by accessing approximations of market numbers and subsegments. The analysis will aid stakeholders in understanding the competitive landscape, enabling the formation of effective strategies and understanding market dynamics.

Additional Insights Offered:

Key Attributes:

Key Topics Covered:

1. Market Dynamics

9. Electronic Manufacturing Services Market - Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/2byiqt

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