Market Share of Global Electronic Contract Assembly Industry
The electronics contract assembly market is fragmented and is quite competitive. Market players in developing economies offer low-cost, outsourced services to the production and designing sectors to increase their competitiveness. Furthermore, key players are striving to gain a competitive advantage by engaging in mergers and acquisitions. Some of the key developments in the market are:
- March 2020 - Advanced Circuits inaugurated its newest facility at Chandler. The company has invested USD 7 million in this new 50,000-square-foot location, which opened in September 2019. This State-of-the-art facility is a welcome addition to the company's manufacturing facilities in Aurora, Colorado, and Maple Grove, Minnesota. It is twice the size of the old facility in Tempe, Arizona.
- March 2020 - Sanmina Corporation announced the expansion of its facility in Thailand. The facility is expected to have advanced custom packaging and assembly capabilities to manufacture advanced optical, high speed, and radiofrequency microelectronic assemblies and products. This expansion further supports rapid growth for new technology products across the networking, 5G, data center, automotive/LIDAR, and aerospace and defense markets.
Electronic Contract Assembly Market Leaders
ATL Technology
Compulink Cable Assemblies Inc.
Connect Group NV
Leoni Special Cables Ltd
Amphenol Interconnect Products Corp. (AIPC)
*Disclaimer: Major Players sorted in no particular order
