Market Share of Electronics Manufacturing Services Industry
The electronics manufacturing services market is moving toward fragmentation, owing to the improved adoption of these services across industries and the presence of several market players globally. Market players view product developments and innovations as a lucrative path for market expansion.
In April 2022, Industrial provider Rockwell Automation announced it is teaming up with CAD-IT, a Singapore-based systems integrator focused on Industry 4.0 technologies. CAD-IT is now part of Rockwell Automation’s Partner Network and was carried on to support the increasing demand for industrial automation in Southeast Asia.
In March 2022, Linear Labs launched electric motor production at a new advanced manufacturing facility; the company raised USD 17 million Series A Funding Round. The production launch included two models: HET Light 30 and HET Light 45 Series.
Electronic Manufacturing Services (EMS) Market Leaders
Vinatronic Inc.
Benchmark Electronics Inc.
Hon Hai Precision Industry Co. Ltd (Foxconn)
Flex Ltd.
Sanmina Corporation
*Disclaimer: Major Players sorted in no particular order
