Global Electronic Contract Manufacturing And Design Services Market Size & Outlook

The electronic contract manufacturing and design services industry worldwide is expected to reach a projected revenue of US$ 1,062,709.2 million by 2030. A compound annual growth rate of 9.7% is expected of the worldwide electronic contract manufacturing and design services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$556,870.3
Forecast, 2030 (US$M)
$1,062,709.2
CAGR, 2024 - 2030
9.7%
Report Coverage
Worldwide

Global electronic contract manufacturing and design services market, 2018-2030 (US$M)

Related Markets

Global electronic contract manufacturing and design services market highlights

  • The global electronic contract manufacturing and design services market generated a revenue of USD 556,870.3 million in 2023 and is expected to reach USD 1,062,709.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.7% by 2030.
  • In terms of segment, electronic manufacturing accounted for a revenue of USD 243,758.8 million in 2023.
  • Electronic Design & Engineering is the most lucrative services segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 556,870.3 million
Market revenue in 2030USD 1,062,709.2 million
Growth rate9.7% (CAGR from 2023 to 2030)
Largest segmentElectronic manufacturing
Fastest growing segmentElectronic Design & Engineering
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElectronic Design & Engineering, Electronics Assembly, Electronic Manufacturing, Other Services

Other key industry trends

  • In terms of revenue, the North America accounted for 25.0% of the global electronic contract manufacturing and design services market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UAE is the fastest growing regional market and is projected to reach USD 11,805.0 million by 2030.

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Electronic Contract Manufacturing And Design Services Market Companies

Name Profile # Employees HQ Website

Global electronic contract manufacturing and design services market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electronic contract manufacturing and design services market will help companies and investors design strategic landscapes.


Electronic manufacturing was the largest segment with a revenue share of 43.77% in 2023. Horizon Databook has segmented the Global electronic contract manufacturing and design services market based on electronic design & engineering, electronics assembly, electronic manufacturing, other services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Electronic Contract Manufacturing And Design Services Services Outlook (Revenue, USD Million, 2018-2030)
    • Electronic Design & Engineering
    • Electronics Assembly
    • Electronic Manufacturing
    • Other Services
  • Global Electronic Contract Manufacturing And Design Services End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Healthcare
    • Automotive
    • Industrial
    • Aerospace & Defense
    • IT & Telecom
    • Power & Energy
    • Consumer Electronics
    • Other End-Uses

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Horizon Databook provides a detailed overview of global-level data and insights on the Global electronic contract manufacturing and design services market , including forecasts for subscribers. This global databook contains high-level insights into Global electronic contract manufacturing and design services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global electronic contract manufacturing and design services market outlook size, by region, 2018-2030 (US$M)

Top 10 countries: Electronic contract manufacturing and design services market size, 2023 (US$M)

Global electronic contract manufacturing and design services market share, by services, 2023 & 2030 (%, US$M)

Electronic contract manufacturing and design services market: Opportunity assessment by country

Global electronic contract manufacturing and design services market, by region, 2023 (US$M)

Global electronic contract manufacturing and design services market outlook size, by region, 2018-2030 (US$M)

Services 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 98,365.6 104,716.8 111,844.2 119,903.6 129,022.9 139,351.2 151,063.2 164,363.0 179,490.6 196,727.6 216,504.3 238,852.9 264,295.8 9.6%
Europe 65,436.2 69,472.1 73,998.2 79,113.1 84,895.7 91,438.1 98,847.8 107,250.5 116,793.3 127,648.9 140,083.8 154,104.8 170,033.5 9.3%
Asia Pacific 177,366.2 189,853.3 203,887.0 219,777.5 237,789.5 258,233.3 281,472.4 307,933.9 338,113.4 372,601.6 412,283.5 457,300.4 508,738.3 10.2%
Latin America 32,444.1 34,277.3 36,330.4 38,647.7 41,263.0 44,215.5 47,550.9 51,322.3 55,591.9 60,432.0 65,957.6 72,158.7 79,171.8 8.7%
MEA 17,752.7 18,679.7 19,712.3 20,871.6 22,172.6 23,632.2 25,270.0 27,108.7 29,181.3 31,519.9 34,177.2 37,140.0 40,469.8 8.0%
Overall 391,364.8 416,999.2 445,772.1 478,313.5 515,143.7 556,870.3 604,204.3 657,978.5 719,170.5 788,930.0 869,006.4 959,556.9 1,062,709.2 9.7%

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