[Research Report] The electronic contract assembly market is expected to grow from US$ 142,795.06 million in 2022 to US$ 251,637.62 million by 2028; it is anticipated to register a CAGR of 10.3% from 2023 to 2028.
The increasing demand for functionalities such as sub-assembly manufacturing, functional testing, and component assembly from various manufacturers is likely to boost the electronic contract assembly market growth during the forecast period. Implementation of advanced technologies by service providers and expansion of their manufacturing capacities are also expected to contribute to electronic contract assembly market growth in the coming years. Rising purchasing power of consumers and growing demand for electronics will also fuel market growth in the future. There is an emerging trend among service providers to invest heavily in research and development activities and adopt advanced technologies to improve their manufacturing capacity and strengthen their market position. According to the Consumer Electronics and Appliances Manufacturers Association (CEAMA), the appliances & consumer electronics industry in India is anticipated to report significant growth by 2026 with an estimated market size increase of more than two-fold, reaching a value of up to US$ 26.81 billion. This industry valuation is expected to create new business opportunities, attract investments, and stimulate economic growth in the country. Growth in the electronic contract assembly market opportunities can be created for its end users such as Apple and IBM to manufacture their components.
The rising consumption of consumer electronics, computing technology, data storage technology, and wireless devices is contributing to the semiconductor industry's growth. According to the Semiconductor Industry Association (SIA), in the second half of 2022, global semiconductor sales were valued at US$ 574 billion, a 3.3% increase over 2021 sales. Semiconductors play an essential role in a wide range of products across all segments of the global economy as a key technology enabler. As a result, various governments are focusing on enhancing their semiconductor production capabilities. For instance, in December 2021, the Indian government announced a US$ 10 billion incentive plan to boost the semiconductor chip manufacturing of the country. The government offered support of up to 50% of the project cost to eligible companies under this incentive plan. Such government initiatives are attracting global market players to expand their manufacturing facilities in India. For instance, in September 2022, Foxconn, a Taiwanese multinational electronics contract manufacturer, and Vedanta, a local conglomerate of India, announced a US$ 19.5 billion investment to set up a semiconductor and display production facility in India. Thus, the growing semiconductor industry is contributing to the growth and different electronic contract assembly market opportunities.
Electronic Contract Assembly Market -
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Electronic Contract Assembly Market: Strategic Insights
Market Size Value in US$ 142,795.06 million in 2022 Market Size Value by US$ 251,637.62 million by 2028 Growth rate CAGR of 10.3% from 2023 to 2028 Forecast Period 2023-2028 Base Year 2022
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Electronic Contract Assembly Market: Strategic Insights
| Market Size Value in | US$ 142,795.06 million in 2022 |
| Market Size Value by | US$ 251,637.62 million by 2028 |
| Growth rate | CAGR of 10.3% from 2023 to 2028 |
| Forecast Period | 2023-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Electronic Contract Assembly Market
Various European countries imposed strict lockdowns and restrictions on human movement in 2020. The supply chain industry experienced major disruptions during the COVID-19 pandemic. However, the pandemic has positively impacted the automation technology market due to the increased demand of electronic devices. There are several prominent players in the automation industry, such as Siemens, ABB, and Schneider Electric which are taking initiatives to drive automation market. The Netherlands/Belgium, the UK, the Nordics, and DACH are European automation hotspots. According to World Economic Forum, in 2021, Western Europe's automation and integration technology market grew by 16%. The growth of the automation industry will provide several opportunities to the electronic contract assembly market as the use of automation in electronic devices is increasing immensely Therefore, the growing automation industry may contribute to the growth of the electronic contract assembly market.
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Market Insights – Electronic Contract Assembly Market
The electronic contract assembly market in North America is sub segmented into the US, Canada, and Mexico. Electronic products are increasingly adopted in industries such as automation, semiconductors, and IT & telecom. According to Semiconductor Industry Association (SIA), in 2022, the region registered the highest increase in semiconductor production to date. Semiconductor companies in the US invest nearly one-fifth of their annual revenues in R&D; collectively, they recorded an investment of US$ 50.2 billion in R&D in 2021.
In technology, semiconductors are vital to powering everything, such as toys, cars, smartphones, and thermostats. Semiconductors have also contributed to the proliferation of the electronics industry and the introduction of breakthrough technologies such as machine learning and artificial intelligence. In May 2021, chip makers, tech giants, and cloud companies in the US partnered to push semiconductor funding for launching new semiconductor products. The availability of such robust funding for semiconductor chips would help the US build the surplus capacity required to have sturdier supply chains to ensure access to different technologies when needed.
Lucrative Regions for Electronic Contract Assembly Market
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Based on geography, the electronic contract assembly market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). Creation Technologies LP, Precision Manufacturing Company Inc, Benchmark Electronics Inc, Celestica Inc, Compal Electronics Inc, Fabrinet Co Ltd, Flex Ltd, Matric Group Inc, Jabil Inc, and Filtronic Plc are key electronic contract assembly market players.
Electronic contract assembly market players mainly focus on tailor-made solutions to create customer value.
- In April 2023, Benchmark Electronics' launched new Precision Technologies facility in Mesa, Arizona, which is a strategic move to support the semiconductor industry's growth in the United States. The company is investing US$20 million in providing engineering and manufacturing solutions for semiconductor capital equipment building blocks and solutions.
- In May 2020, Celestica, a company specializing in design, manufacturing, and supply chain solutions, was awarded a contract to produce 7,500 ventilators for StarFish Medical, a Canadian medical device manufacturer.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Service, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global Electronic Contract Assembly market was estimated to be US$ 142,795.06 million in 2022 and is expected to grow at a CAGR of 10.3 %, during the forecast period 2023 - 2028.
Shift Toward Electric Vehicles (EVs) is anticipated to play a significant role in Electronic Contract Assembly market in the coming years.
Growth of semiconductor industry and integration of advanced technologies in electronic manufacturing are the major factors that propel the Electronic Contract Assembly market.
The key players, holding majority shares, in Electronic Contract Assembly market includes Creation Technologies LP, Precision Manufacturing Company Inc, Benchmark Electronics Inc, Celestica Inc, Compal Electronics Inc, Fabrinet Co Ltd, Flex Ltd, Matric Group Inc, Jabil Inc, and Filtronic Plc.
The incremental growth, expected to be recorded for the Electronic Contract Assembly market market during the forecast period, is US$ 97, 674. 59 million.
The Electronic Contract Assembly market is expected to reach USD 251,637.62 million by 2028.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electronic Contract Assembly Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Electronic Contract Assembly Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Semiconductor Industry
5.1.2 Integration of Advanced Technologies in Electronic Manufacturing
5.2 Market Restraints
5.2.1 Growing Concerns About Information Leaks and Intellectual Property Theft, and Instability
5.3 Market Opportunities
5.3.1 Rising Penetration of 5G
5.4 Future Trends
5.4.1 Shift Toward Electric Vehicles (EVs)
5.5 Impact Analysis of Drivers and Restraints
6. Electronic Contract Assembly Market – Global Market Analysis
6.1 Global Electronic Contract Assembly Market Overview
6.2 Global Electronic Contract Assembly Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Electronic Contract Assembly Market Revenue and Forecast to 2028 – Service
7.1 Overview
7.2 Electronic Contract Assembly Market, By Service (2022 & 2028)
7.3 Electronic Design And Engineering
7.3.1 Overview
7.3.2 Electronic Design And Engineering: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic Assembly
7.4.1 Overview
7.4.2 Electronic Assembly: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
7.5 Electronic Manufacturing
7.5.1 Overview
7.5.2 Electronic Manufacturing: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
8. Electronic Contract Assembly Market Revenue and Forecast to 2028 – End-User
8.1 Overview
8.2 Electronic Contract Assembly Market, By End-User (2022 & 2028)
8.3 Aerospace
8.3.1 Overview
8.3.2 Aerospace: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
8.4 Industrial/Automation
8.4.1 Overview
8.4.2 Industrial/Automation: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
8.5 Semiconductor/Robotics
8.5.1 Overview
8.5.2 Semiconductor/Robotics: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
8.6 IT and Telecom
8.6.1 Overview
8.6.2 IT and Telecom: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
9. Electronic Contract Assembly Market – Geographic Analysis
9.1 Overview
9.2 North America: Electronic Contract Assembly Market
9.2.1 North America: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Electronic Contract Assembly Market, By Service
9.2.3 North America: Electronic Contract Assembly Market, by End-User
9.2.4 North America: Electronic Contract Assembly Market, by Key Country
9.2.4.1 US: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Electronic Contract Assembly Market, By Service
9.2.4.1.2 US: Electronic Contract Assembly Market, by End-User
9.2.4.2 Canada: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Electronic Contract Assembly Market, By Service
9.2.4.2.2 Canada: Electronic Contract Assembly Market, by End-User
9.2.4.3 Mexico: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Electronic Contract Assembly Market, By Service
9.2.4.3.2 Mexico: Electronic Contract Assembly Market, by End-User
9.3 Europe: Electronic Contract Assembly Market
9.3.1 Europe: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Electronic Contract Assembly Market, By Service
9.3.3 Europe: Electronic Contract Assembly Market, by End-User
9.3.4 Europe: Electronic Contract Assembly Market, by Key Country
9.3.4.1 Germany: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Electronic Contract Assembly Market, By Service
9.3.4.1.2 Germany: Electronic Contract Assembly Market, by End-User
9.3.4.2 France: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Electronic Contract Assembly Market, By Service
9.3.4.2.2 France: Electronic Contract Assembly Market, by End-User
9.3.4.3 Italy: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Electronic Contract Assembly Market, By Service
9.3.4.3.2 Italy: Electronic Contract Assembly Market, by End-User
9.3.4.4 UK: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 UK: Electronic Contract Assembly Market, By Service
9.3.4.4.2 UK: Electronic Contract Assembly Market, by End-User
9.3.4.5 Russia: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Electronic Contract Assembly Market, By Service
9.3.4.5.2 Russia: Electronic Contract Assembly Market, by End-User
9.3.4.6 Rest of Europe: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Electronic Contract Assembly Market, By Service
9.3.4.6.2 Rest of Europe: Electronic Contract Assembly Market, by End-User
9.4 Asia Pacific: Electronic Contract Assembly Market
9.4.1 Asia Pacific: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Electronic Contract Assembly Market, By Service
9.4.3 Asia Pacific: Electronic Contract Assembly Market, by End-User
9.4.4 Asia Pacific: Electronic Contract Assembly Market, by Key Country
9.4.4.1 Australia: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia: Electronic Contract Assembly Market, By Service
9.4.4.1.2 Australia: Electronic Contract Assembly Market, by End-User
9.4.4.2 China: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 China: Electronic Contract Assembly Market, By Service
9.4.4.2.2 China: Electronic Contract Assembly Market, by End-User
9.4.4.3 India: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 India: Electronic Contract Assembly Market, By Service
9.4.4.3.2 India: Electronic Contract Assembly Market, by End-User
9.4.4.4 Japan: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 Japan: Electronic Contract Assembly Market, By Service
9.4.4.4.2 Japan: Electronic Contract Assembly Market, by End-User
9.4.4.5 South Korea: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea: Electronic Contract Assembly Market, By Service
9.4.4.5.2 South Korea: Electronic Contract Assembly Market, by End-User
9.4.4.6 Rest of APAC: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of APAC: Electronic Contract Assembly Market, By Service
9.4.4.6.2 Rest of APAC: Electronic Contract Assembly Market, by End-User
9.5 MEA: Electronic Contract Assembly Market
9.5.1 MEA: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.5.2 MEA: Electronic Contract Assembly Market, By Service
9.5.3 MEA: Electronic Contract Assembly Market, by End-User
9.5.4 MEA: Electronic Contract Assembly Market, by Key Country
9.5.4.1 South Africa: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 South Africa: Electronic Contract Assembly Market, By Service
9.5.4.1.2 South Africa: Electronic Contract Assembly Market, by End-User
9.5.4.2 Saudi Arabia: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 Saudi Arabia: Electronic Contract Assembly Market, By Service
9.5.4.2.2 Saudi Arabia: Electronic Contract Assembly Market, by End-User
9.5.4.3 UAE: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 UAE: Electronic Contract Assembly Market, By Service
9.5.4.3.2 UAE: Electronic Contract Assembly Market, by End-User
9.5.4.4 Rest of MEA: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of MEA: Electronic Contract Assembly Market, By Service
9.5.4.4.2 Rest of MEA: Electronic Contract Assembly Market, by End-User
9.6 SAM: Electronic Contract Assembly Market
9.6.1 SAM: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.6.2 SAM: Electronic Contract Assembly Market, By Service
9.6.3 SAM: Electronic Contract Assembly Market, by End-User
9.6.4 SAM: Electronic Contract Assembly Market, by Key Country
9.6.4.1 Brazil: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil: Electronic Contract Assembly Market, By Service
9.6.4.1.2 Brazil: Electronic Contract Assembly Market, by End-User
9.6.4.2 Argentina: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.2.1 Argentina: Electronic Contract Assembly Market, By Service
9.6.4.2.2 Argentina: Electronic Contract Assembly Market, by End-User
9.6.5 Rest of SAM: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
9.6.5.1.1 Rest of SAM: Electronic Contract Assembly Market, By Service
9.6.5.1.2 Rest of SAM: Electronic Contract Assembly Market, by End-User
10. Electronic Contract Assembly Market - Covid-19 Impact Analysis
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.5 MEA: Impact Assessment of COVID-19 Pandemic
10.6 South America Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Creation Technologies LP
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Precision Manufacturing Company Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Benchmark Electronics Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Celestica Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Compal Electronics Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Fabrinet Co Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Matric Group Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Jabil Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Filtronic Plc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Flex Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Global Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 10. Europe: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 11. Europe: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 12. Germany: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 13. Germany: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 14. France: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 15. France: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 18. UK: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 19. UK: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 24. Asia Pacific: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 25. Asia Pacific: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 26. Australia: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 27. Australia: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 28. China: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 29. China: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 30. India: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 31. India: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 32. Japan: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 33. Japan: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 34. South Korea: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 35. South Korea: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of APAC: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of APAC: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 38. MEA: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 39. MEA: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 40. South Africa: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 41. South Africa: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 42. Saudi Arabia: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 43. Saudi Arabia: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 44. UAE: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 45. UAE: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of MEA: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of MEA: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 48. SAM: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 49. SAM: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 50. Brazil: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 51. Brazil: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 52. Argentina: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 53. Argentina: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of SAM: Electronic Contract Assembly Market, By Service – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of SAM: Electronic Contract Assembly Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 56. List of Abbreviation
LIST OF FIGURES
Figure 1. Electronic Contract Assembly Market Segmentation
Figure 2. Electronic Contract Assembly Market Segmentation – By Geography
Figure 3. Global Electronic Contract Assembly Market Overview
Figure 4. Electronic Contract Assembly Market, by Service
Figure 5. Electronic Contract Assembly Market, by End-User
Figure 6. Electronic Contract Assembly Market, by Geography
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. APAC – PEST Analysis
Figure 10. MEA – PEST Analysis
Figure 11. SAM – PEST Analysis
Figure 12. Electronic Contract Assembly Market – Ecosystem Analysis
Figure 13. Global Electronic Contract Assembly Market: Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Electronic Contract Assembly Market
Figure 15. Global Electronic Contract Assembly Market Revenue Forecast and Analysis (US$ Million)
Figure 16. Electronic Contract Assembly Market, By Service (2022 & 2028)
Figure 17. Electronic Design And Engineering: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electronic Assembly: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Electronic Manufacturing: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Electronic Contract Assembly Market, By End-User (2022 & 2028)
Figure 21. Aerospace: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Industrial/Automation: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Semiconductor/Robotics: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. IT and Telecom: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Global Electronic Contract Assembly Market Revenue Share, By Region (2022 & 2028)
Figure 27. North America: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Electronic Contract Assembly Market Revenue Share, By Service (2022 & 2028)
Figure 29. North America: Electronic Contract Assembly Market Revenue Share, by End-User (2022 & 2028)
Figure 30. North America: Electronic Contract Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 31. US: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Europe: Electronic Contract Assembly Market Revenue Share, By Service (2022 & 2028)
Figure 36. Europe: Electronic Contract Assembly Market Revenue Share, by End-User (2022 & 2028)
Figure 37. Europe: Electronic Contract Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 38. Germany: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. France: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Italy: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. UK: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Russia: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of Europe: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Asia Pacific: Electronic Contract Assembly Market Revenue Share, By Service (2022 & 2028)
Figure 46. Asia Pacific: Electronic Contract Assembly Market Revenue Share, by End-User (2022 & 2028)
Figure 47. Asia Pacific: Electronic Contract Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 48. Australia: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. China: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. India: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Japan: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. South Korea: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. Rest of APAC: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. MEA: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. MEA: Electronic Contract Assembly Market Revenue Share, By Service (2022 & 2028)
Figure 56. MEA: Electronic Contract Assembly Market Revenue Share, by End-User (2022 & 2028)
Figure 57. MEA: Electronic Contract Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 58. South Africa: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Saudi Arabia: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. UAE: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of MEA: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. SAM: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. SAM: Electronic Contract Assembly Market Revenue Share, By Service (2022 & 2028)
Figure 64. SAM: Electronic Contract Assembly Market Revenue Share, by End-User (2022 & 2028)
Figure 65. SAM: Electronic Contract Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 66. Brazil: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Argentina: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of SAM: Electronic Contract Assembly Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Impact of COVID-19 Pandemic on North America Country Markets
Figure 70. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 71. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 72. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 73. Impact of COVID-19 Pandemic on South America Country Markets
The List of Companies - Electronic Contract Assembly Market
- Creation Technologies LP
- Precision Manufacturing Company Inc
- Benchmark Electronics Inc
- Celestica Inc
- Compal Electronics Inc
- Fabrinet Co Ltd
- Matric Group Inc
- Jabil Inc
- Filtronic Plc
- Flex Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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