Wiseguyreports.Com Publish New Market Research Report On -“EMS and ODM Market 2019 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2023”
— EMS and ODM Market 2019
EMS and ODM are emerging markets across the globe. Electronics Manufacturing Services (EMS) refers to the companies that manufacture, test, distribute, and provide repair and return services for the electronic components for the original equipment manufacturers. An Original Design Manufacturer (ODM) refers to a company that manufactures and designs products as per the specifications that are rebranded by another company for sale.
The ODMs help the firms owning a brand to produce products without having to run a factory or engage in the organization. The ODMs are responsible for the research and development of products and have the ability to sell the products on their own to potential buyers. The global EMS and ODM market is estimated to witness notable growth during the forecast period.
The original equipment manufacturers have a preference for the ODMs over the EMS. The lack of control by the EMS over intellectual property is a potential reason for the growing preference of ODM. The startup firms, as well as the small and medium-sized enterprises, prefer the ODMs owing to its low budget.
The consumer sector of electronics and telecommunication is witnessing faster growth of ODM. The increase in the use of consumer devices like digital cameras, mobile phones accounts for the growth of the global EMS market. The growing concerns over the sustainability of the products, the complex supply chain across the globe, and the uncertain demand are some of the limiting factors that restrict the market growth of EMS.
The global market of EMS and ODM is classified based on type, application, and region.
Based on the type, the global market is segmented into EMS and ODM. The ODM segment is expected to witness prominent growth during the forecast period.
Depending on the application, the EMS and ODM market is subdivided into consumer, computer, medical, industrial, communication, and other applications.
The regions included in the global EMS and ODM market are North America, the Middle East, and Africa, South America, Europe, and the Asia Pacific.
The major contributors of the North America region are Canada, Mexico, and the United States. The Middle East and Africa region include Saudi Arabia, Egypt, Nigeria, UAE, and South Africa. The South America region encompasses Argentina, Columbia, and Brazil. The important countries of the Europe region are France, UK, Germany, Italy, and Russia. The Asia Pacific region includes Japan, Taiwan, India, Korea, China, and Southeast Asia. Taiwan and China are the major contributors to the EMS and ODM market.
Asia Pacific region is the global market leader. North America holds the second position in the global EMS and ODM market.
The top players of the global market of EMS and ODM are Flextronics, New KINPO, Sanmina, Pegtron, HONHAI, Benchmark, Venture, USI, Compal, Wistron, Jabil, Celestica, UMC, Zollner, Inventec, Quanta, SIIX, Kaifa, and PLEXUS.
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