Electronics Manufacturing Services (EMS) is a term used for companies that test, manufacture, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs). The concept is also referred to as electronics contract manufacturing (ECM).
Due to COVID-19 pandemic, the global Electronics Manufacturing Services (EMS) market size is estimated to be worth US$ 430350 million in 2021 and is forecast to a readjusted size of USD 596920 million by 2028 with a CAGR of 4.8% during review period.
As of 2019, the market for electronic manufacturing services is fragmented with global and domestic players.