Electronic Contract Assembly Market Analysis, Size, and Growth (2023-2028)
Electronic Contract Assembly Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 142.8 Billion |
Market Size by 2028 | US$ 251.64 Billion |
Global CAGR (2022 - 2028) | 10.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Service
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Based on geography, the electronic contract assembly market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). Creation Technologies LP, Precision Manufacturing Company Inc, Benchmark Electronics Inc, Celestica Inc, Compal Electronics Inc, Fabrinet Co Ltd, Flex Ltd, Matric Group Inc, Jabil Inc, and Filtronic Plc are key electronic contract assembly market players.
Electronic contract assembly market players mainly focus on tailor-made solutions to create customer value.
- In April 2023, Benchmark Electronics' launched new Precision Technologies facility in Mesa, Arizona, which is a strategic move to support the semiconductor industry's growth in the United States. The company is investing US$20 million in providing engineering and manufacturing solutions for semiconductor capital equipment building blocks and solutions.
- In May 2020, Celestica, a company specializing in design, manufacturing, and supply chain solutions, was awarded a contract to produce 7,500 ventilators for StarFish Medical, a Canadian medical device manufacturer.