The Latest Ems Industry Statistics Explained
The market size of the global EMS (Electronic Manufacturing Services) industry is estimated to be around $832.1 billion as of 2020.
The statistic stating that the market size of the global EMS (Electronic Manufacturing Services) industry is estimated to be around $832.1 billion as of 2020 indicates the total value of products and services exchanged within this industry worldwide during that year. This figure reflects the combined revenue generated by companies offering electronic manufacturing services, including designing, manufacturing, testing, and distributing electronic components and devices. Such a substantial market size emphasizes the significant economic impact and scale of the EMS industry on a global scale, highlighting its importance as a key sector within the broader electronics manufacturing ecosystem.
The EMS industry is expected to grow at a CAGR of 7.5% from 2020 to 2027.
This statistic indicates the projected growth rate of the Electronic Manufacturing Services (EMS) industry over the period from 2020 to 2027, with a Compound Annual Growth Rate (CAGR) of 7.5%. This suggests that the industry is expected to expand steadily at an average annual rate of 7.5% during this time frame. A higher CAGR reflects a faster rate of growth, indicating a positive outlook for the EMS industry in the coming years. Factors contributing to this growth could include increased demand for electronic devices, advancements in technology, globalization of supply chains, and a greater emphasis on outsourcing manufacturing processes. This statistic provides valuable insight for stakeholders, investors, and industry participants seeking to understand and anticipate the future trajectory of the EMS sector.
The largest EMS company in 2019 was Foxconn, with a revenue of approximately $172 billion.
The statistic states that Foxconn was the largest Electronics Manufacturing Services (EMS) company in 2019 based on revenue, reporting a total of about $172 billion. This figure indicates the significant scale and market dominance of Foxconn in the EMS industry during that year. EMS companies provide manufacturing and supply chain services for electronics products on behalf of other companies. Foxconn’s substantial revenue highlights its ability to attract and maintain a large client base and manage complex manufacturing operations efficiently. This statistic underscores the company’s strong position in the global EMS market and its influence on the industry’s dynamics in 2019.
China is the largest region in the global EMS market with an approximate share of 43%.
The statistic “‘China is the largest region in the global EMS market with an approximate share of 43%'” indicates that China holds a significant portion of the global Electronics Manufacturing Services (EMS) market. With an estimated share of 43%, China’s dominance in this sector is substantial, surpassing other regions in the world. This statistic signals that China plays a crucial role in the EMS industry, serving as a key player in the production and assembly of electronics products worldwide. The country’s strong presence in the market underscores its importance and influence in shaping the global EMS landscape.
The global EMS market reached $542 billion in 2018.
The statistic “The global EMS market reached $542 billion in 2018” represents the total value of the global Electronics Manufacturing Services (EMS) market across various industries such as automotive, consumer electronics, healthcare, and telecommunications in the year 2018. This figure indicates the sum of revenue generated by companies providing EMS, which encompasses services such as design, assembly, testing, and distribution of electronic components and products on behalf of original equipment manufacturers (OEMs). The market size of $542 billion reflects the significance and scale of EMS activities worldwide, highlighting the economic importance and diverse applications of electronics manufacturing services in driving innovation and supporting the production of electronic devices on a global scale.
North America holds around 14% of the EMS market share.
The statistic “North America holds around 14% of the EMS market share” indicates that in the Electronic Manufacturing Services (EMS) industry, North America accounts for approximately 14% of the total market activity. This suggests that North America is a significant player in the EMS sector but holds a relatively smaller portion of the market compared to other regions or countries. Understanding market share in this context is crucial for evaluating the competitive landscape, identifying growth opportunities, and assessing the impact of North American EMS companies on the global market. Factors such as technological advancements, supply chain efficiencies, and customer demands can influence market share dynamics in the EMS industry.
In 2019, the global EMS and ODM market was valued at around 542.2 billion.
The statistic “In 2019, the global EMS and ODM market was valued at around 542.2 billion” indicates the total estimated value of the Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) market worldwide in the year 2019. EMS and ODM companies manufacture electronic components, products, and devices on behalf of other companies that may lack the in-house capabilities or resources to do so themselves. This significant market value reflects the widespread reliance on EMS and ODM services by electronics companies to streamline production processes, reduce costs, and leverage specialized skills and expertise. The figure suggests a thriving and competitive industry, driven by the increasing demand for electronic products across various sectors such as consumer electronics, telecommunications, automotive, and healthcare.
In 2019, Flex Ltd., an EMS company, generated around 25.4 billion U.S. dollars in revenue.
The statistic that Flex Ltd. generated around 25.4 billion U.S. dollars in revenue in 2019 indicates the total amount of money the company earned from its operations during that year. Revenue is a fundamental metric used to assess a company’s financial performance and reflects the sales generated by the company’s products and services. For a company like Flex Ltd., which operates in the Electronics Manufacturing Services (EMS) industry, a high revenue figure suggests strong demand for its services, efficient operations, and potentially a competitive advantage in the market. The revenue figure of 25.4 billion U.S. dollars highlights the substantial scale of Flex Ltd.’s business activities in 2019, positioning it as a significant player in the EMS industry.
As of 2017, the consumer electronics segment dominated the EMS market with a share of 29.4%.
The statistic “As of 2017, the consumer electronics segment dominated the EMS market with a share of 29.4%” indicates that in the year 2017, the consumer electronics industry accounted for the largest portion of the Electronics Manufacturing Services (EMS) market, encompassing nearly 30% of the total market share. This suggests that a significant portion of EMS activities such as design, manufacturing, testing, distribution, and repair services were geared towards serving the consumer electronics sector. This statistic highlights the importance and influence of consumer electronics in driving the EMS market during that period, reflecting the strong demand and growth potential within the consumer electronics industry at that time.
The telecommunication sector in the EMS industry is projected to grow at a CAGR of 5.5% from 2019 to 2025.
The statistic indicates that the telecommunication sector within the Electronics Manufacturing Services (EMS) industry is forecasted to experience a Compound Annual Growth Rate (CAGR) of 5.5% from the year 2019 to 2025. This means that on average, the sector is expected to grow by 5.5% annually over this period. This growth rate suggests a positive outlook for the telecommunication sector, driven by factors such as increasing demand for communication technologies, advancements in telecommunications infrastructure, and evolving consumer preferences. It signifies opportunities for companies within the EMS industry focusing on telecommunication services to expand their market presence and potentially achieve higher revenues in the coming years.
The EMS industry in APAC is anticipated to grow at a CAGR of around 8% between 2020 and 2026.
The statistic indicates that the Electronic Manufacturing Services (EMS) industry in the Asia-Pacific region is expected to experience a Compound Annual Growth Rate (CAGR) of approximately 8% over the period spanning from 2020 to 2026. This implies that the industry is forecasted to steadily expand at an annual growth rate of 8% during this time frame, reflecting a positive trend towards increased demand for EMS services in the region. Factors driving this growth could include technological advancements, expanding electronics markets, and outsourcing trends. This statistic serves as a valuable indicator for industry stakeholders and policymakers to understand and anticipate the trajectory of the EMS sector in the Asia-Pacific region in the coming years.
In 2019, the business-to-business segment of the EMS market was worth around $179.2 billion.
The statistic “In 2019, the business-to-business segment of the EMS market was worth around $179.2 billion” represents the total value of the electronic manufacturing services (EMS) market specifically catered to businesses. This figure indicates the scale and economic significance of the EMS industry within the business-to-business sector in 2019. This statistic suggests that there was a substantial demand for EMS solutions by businesses seeking outsourced manufacturing services for electronic components and products. The $179.2 billion market value highlights the substantial size and potential growth opportunities within the EMS industry, making it a crucial sector in the global economy.
In 2020, PCB Assembly services accounted for 35.9% of the total EMS market share.
In 2020, PCB Assembly services accounted for 35.9% of the total EMS market share, indicating the significant role this particular segment plays in the electronic manufacturing services industry. This statistic suggests that a considerable portion of the EMS market is comprised of services related to Printed Circuit Board Assembly, highlighting the importance of this sector in providing essential manufacturing and assembly solutions for various electronic products. The strong market share also reflects the demand for PCB Assembly services and their impact on the overall EMS industry landscape in 2020.
The EMS market in India is projected to reach $36 billion by 2020.
This statistic indicates that the Electronic Manufacturing Services (EMS) market in India is expected to expand significantly and reach a total value of $36 billion by the year 2020. This projection suggests substantial growth in the sector over a specific timeframe, likely driven by factors such as increasing demand for electronic products, technological advancements, favorable government policies, and a burgeoning manufacturing ecosystem in India. Such a robust forecast implies promising opportunities for EMS providers, manufacturers, investors, and other stakeholders in the electronics industry to capture a significant share of the market and benefit from the anticipated growth in the coming years.
As of 2019, High-Tech EMS, based in Germany, had 15 locations worldwide.
The statistic states that as of 2019, High-Tech EMS, a company based in Germany, had established 15 locations worldwide. This information implies that the company has a global presence and operates in various geographical regions. Having multiple locations suggests that the company has expanded its operations beyond its home country, showcasing global reach and potentially catering to diverse markets. The presence of multiple locations can also indicate growth and success for the company, as it suggests the ability to attract clients and customers across different countries. This statistic highlights High-Tech EMS’s international footprint and its efforts to serve customers on a global scale.
In 2017, the US-EMS industry reached a market size worth $20.7 billion.
The statistic presented indicates that in 2017, the Emergency Medical Services (EMS) industry in the United States experienced significant growth, with a market size valued at $20.7 billion. This figure represents the total value of goods and services produced within the industry during that year. The growth in market size suggests an increased demand for EMS services, which could be driven by factors such as population growth, aging demographics, and advancements in healthcare technology. The significant market size highlights the importance of EMS in the healthcare system and underscores the economic significance of the industry in providing critical emergency medical care to individuals in need.
The original equipment manufacturer (OEM) sector accounted for 64.7% of global EMS revenue in 2020.
The statistic indicates that the original equipment manufacturer (OEM) sector, which refers to companies that design and produce equipment or products that are marketed by another company, accounted for the majority share of the global Electronic Manufacturing Services (EMS) revenue in 2020. Specifically, the OEM sector contributed approximately 64.7% to the total EMS revenue for that year. This suggests that a significant portion of the revenue generated by companies providing manufacturing services for electronic components and products came from partnerships with OEM companies. This emphasizes the importance of OEMs as key players in the electronics manufacturing industry and highlights their substantial influence on the overall revenue generated within the EMS sector in 2020.
Jabil Circuit Inc., a major EMS provider, recorded annual revenues of about $27.3 billion in 2020.
The statistic refers to the financial performance of Jabil Circuit Inc., one of the leading Electronic Manufacturing Service (EMS) providers, in the year 2020. Specifically, it mentions that the company’s annual revenues reached approximately $27.3 billion during that year. This revenue figure indicates the total amount of money that Jabil Circuit Inc. generated from its business operations, including manufacturing services, design, and supply chain solutions. As a major player in the EMS industry, the substantial revenue highlights Jabil’s significant market presence and the trust placed in its ability to deliver high-quality services to clients globally.
Conclusion
The EMS industry statistics provide valuable insights into the trends and growth of the emergency medical services sector. By analyzing data on response times, call volumes, patient demographics, and more, stakeholders can make informed decisions to improve the efficiency and quality of care provided. These statistics also shed light on the challenges and opportunities facing the EMS industry, highlighting the importance of continued innovation and investment in this critical public service.
References
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