The market for electronic manufacturing services (EMS) has been adversely affected by the COVID-19 pandemic. Several electronics manufacturing services companies reduced their production capacities due to supply-chain disruptions and lowered demands from end-user industries such as automotive and consumer electronics.
The Asia Pacific accounted for the most heightened share in the global electronic manufacturing services market.
The increasing services offered by contract manufacturers concerning component assembly, design & engineering of printed circuit boards, sub-assembly industrial manufacturing, and functional testing are key factors driving the growth of electronic manufacturing services.
The manufacturing & production segment had a major share of the global market in 2021.
The automotive segment had a major share in the global market.