Electronics Manufacturing Services Market Share

Market Share of Electronics Manufacturing Services Industry

The electronics manufacturing services market is moving toward fragmentation, owing to the improved adoption of these services across industries and the presence of several market players globally. Market players view product developments and innovations as a lucrative path for market expansion.

In October 2023, Tata Electronics Pvt Ltd (TEPL) announced acquiring Wistron’s operations in India for USD 125 million. That will make it the first Indian company to manufacture Apple iPhones., where The Wistron buy will spur the next cycle of investment in the Indian electronics manufacturing ecosystem and signal the maturing of the country’s contract manufacturing companies.

Electronic Manufacturing Services (EMS) Market Leaders

1. Vinatronic Inc.

2. Benchmark Electronics Inc.

3. Hon Hai Precision Industry Co. Ltd (Foxconn)

4. Flex Ltd.

5. Sanmina Corporation

*Disclaimer: Major Players sorted in no particular order