Despite two years of component shortages and hopelessly snarled logistics, the global electronics manufacturing services (EMS and ODM) industry grew 14.8 percent in 2021 to reach a new revenue record of $683 billion, according to New Venture Research’s annual study. Growth for the original device manufacturing industry was quite a bit higher than for the…
The worldwide contract manufacturing (CM) market experienced an excellent increase in revenue—an estimated 7.1 percent—which is far in excess of the annual worldwide GDP rate of –3.2% as established by the International Monetary Fund in 2020, according to New Venture Research (NVR) in its annual electronics manufacturing services report. The industry reached an all-time high…
In 2019, the worldwide contract manufacturing (CM) services market increased nominally — by 2.5 percent in total revenue — resulting in combined EMS and ODM revenue of over $555 billion, an expansion of $13 billion from the previous year, according to New Venture Research. The Worldwide Electronics Manufacturing Services Market – 2020 Edition reports revenue…
The global electronics manufacturing services (EMS) industry increased its revenue by 15 percent in 2018, according to New Venture Research’s (NVR) annual EMS report, to reach nearly $542 billion. Combined EMS and original design manufacturer (ODM) revenue grew by $70.7 billion in 2018. Revenue growth from 2013 to 2016 had been flat, according to The…