Report overview
Contract manufacturing refers to a form of cooperation in which a company signs a contract with other manufacturers, and the manufacturer produces products, while the company is responsible for product sales. The contract manufacturing model is conducive to increasing the utilization of existing resources on a larger scale, promoting the refinement of the industrial chain, and conducive to the specialization and scale of the industrial chain.
This report aims to provide a comprehensive presentation of the global market for Contract Manufacturing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Contract Manufacturing Services. This report contains market size and forecasts of Contract Manufacturing Services in global, including the following market information:
Global Contract Manufacturing Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Contract Manufacturing Services market was valued at US$ 155010 million in 2022 and is projected to reach US$ 223390 million by 2029, at a CAGR of 5.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Many industries use contract manufacturing service, especially the computer, semiconductor, energy, medical, food manufacturing, personal care, packaging and automotive fields.
Based on the application, the Consumer segment accounted for significant market share in 2019. Consumer segment is anticipated to continue to dominate the market during the forecast period. This segment is anticipated to expand at a robust CAGR of 8.93%.
Asia-Pacific held a key market revenue share of the Contract Manufacturing Services market in 2019 which account for 71.17%. This segment is anticipated to expand at a CAGR of 4.67%.
As of 2019, the market for electronic manufacturing services is fragmented with global and domestic players. The main market companies are as follows: Hon Hai/Foxconn, Jabil, Flextronics, Pegatron, New-Kinpo Group, Venture, FIH Mobile, Plexus, Kaifa, Celestica, Sanmina, SIIX, Zollner Elektronik, Universal Scientific Industrial, Benchmark Electronics, etc.
We surveyed the Contract Manufacturing Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contract Manufacturing Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Contract Manufacturing Services Market Segment Percentages, by Type, 2022 (%)
Electronic Manufacturing
Engineering Services
Test Development & Implementation
Logistics Services
Others
Global Contract Manufacturing Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Contract Manufacturing Services Market Segment Percentages, by Application, 2022 (%)
Computer
Communications
Consumer
Industrial
Others
Global Contract Manufacturing Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Contract Manufacturing Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contract Manufacturing Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Contract Manufacturing Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hon Hai/Foxconn
Jabil
Flextronics
Pegatron
New-Kinpo Group
Venture
FIH Mobile
Plexus
Kaifa
Celestica
Sanmina
SIIX
Zollner Elektronik
Universal Scientific Industrial
Benchmark Electronics
Creation Technologies LP
Outline of Major Chapters:
Chapter 1: Introduces the definition of Contract Manufacturing Services, market overview.
Chapter 2: Global Contract Manufacturing Services market size in revenue.
Chapter 3: Detailed analysis of Contract Manufacturing Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Contract Manufacturing Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
