Product ID: SQMIG45L2013
Report ID:
SQMIG45L2013 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
66 |
Figures:
75
During the projection period, the Asia-Pacific area is anticipated to increase rapidly. Government policies that assist medical device production across Asia Pacific economies, including India, China, and South Korea, are credited with advancing the industry. Due to its dominance in the production of consumer electronics, semiconductors, and other telecommunications equipment and gadgets, China is one of the key EMS markets in the world.
Additionally, Pegatron of Taiwan was forced to shift its production to nations like Vietnam and Indonesia due to growing costs and prior trade issues. Many Asian businesses were forced to reevaluate their investments and relocate their industrial bases as a result of the uncertainty brought on by the trade tensions.
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REQUEST FREE CUSTOMIZATIONElectronics Manufacturing Services (EMS) Market size was valued at USD 476.88 billion in 2019 and is poised to grow from USD 504.22 billion in 2023 to USD 797.94 billion by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).
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Product ID: SQMIG45L2013