Electronic Manufacturing Services Market Trends

Electronic Manufacturing Services Market Trends

The consumer electronics sector is witnessing increased technological innovations in the fields of advanced packaging of electronics, semiconductor memory solution developments, and high-end processors. The rising production & consumption of smart devices, smartphones, and wearables will increase the demand for electronic manufacturing services. As a result, electronic manufacturing services companies will provide services such as assembling, designing, testing, and prototyping of PCBs, and cables & modules.

To improve productivity and accuracy in production processes, the electronic manufacturing services (EMS) market is witnessing a number of significant trends, one of which is the growing utilisation of sophisticated manufacturing technologies including automation, robots, and the Internet of Things. A growing number of supply chain interruptions and the demand for more adaptable and dependable supply chains have led to an increased focus on supply chain resilience and localization. The adoption of eco-friendly techniques and circular economy ideas by EMS providers to lessen their environmental impact is another way that sustainability is becoming a major priority. Furthermore, there is a growing need for complex assembly procedures and miniaturization, especially in the automotive, healthcare, and consumer electronics industries where sophisticated, small, and multipurpose electronic devices are becoming more and more necessary.
 

The rising demand for robotics and industrial automation in various manufacturing facilities is expected to drive the market growth during the forecast period. Using robotics in electronics manufacturing reduces costs and improves quality throughout the whole production process. Electronic manufacturing services in robotics can inspect & test products, adhesives & sealants, and pack & palletize finished goods.