North America Contract Manufacturing Services Market To Reach $101.6 Billion By 2030

North America Contract Manufacturing Services Market Growth & Trends

The North America contract manufacturing services market is anticipated to reach USD 101.6 billion by 2030 and is expected to grow at a CAGR of 6.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The North America contract manufacturing services market is experiencing significant growth, driven by several key factors that cater to the evolving needs of industries such as automotive, aerospace, healthcare, electronics, and consumer goods. One of the primary drivers of this growth is the increasing demand for cost-effective production solutions. By outsourcing manufacturing, companies can reduce operational costs, avoid heavy capital investments, and streamline production without compromising on quality.

Additionally, advancements in manufacturing technologies, including automation, 3D printing, and artificial intelligence, are reshaping the industry. These innovations allow for faster production cycles, greater precision, and improved customization options, particularly important in industries like medical devices, automotive, and aerospace, where high precision is essential. The use of smart technologies in contract manufacturing also improves supply chain management and operational efficiency, enhancing the competitiveness of North American manufacturers.

Another contributing factor is the shift toward nearshoring. With trade tensions and disruptions in global supply chains, businesses are increasingly turning to North America for their manufacturing needs to mitigate risks and reduce lead times. Proximity to major markets, particularly the U.S., and access to skilled labor are key advantages of the region.

Moreover, trade agreements like the United States-Mexico-Canada Agreement (USMCA) have bolstered regional trade and provided a more stable regulatory environment, encouraging investment in contract manufacturing. As companies in North America look for agility, flexibility, and advanced manufacturing capabilities, the contract manufacturing services market continues to grow, positioning the region as a key player in global manufacturing solutions.

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North America Contract Manufacturing Services Market Report Highlights

• Based on service, the CNC machining segment dominated the market in 2024. The region's emphasis on high-performance materials and the production of customized components is fostering the adoption of CNC machining.

• Based on end use, the automotive suppliers and accessory makers segment led the market in 2024. As the automotive industry moves toward more sophisticated technologies, including electric vehicles (EVs), autonomous systems, and smart manufacturing, contract manufacturers are increasingly sought after to produce specialized components.

• Based on country, the U.S. dominated the market in 2024 with the highest market share. The adoption of Industry 4.0 technologies like automation, IoT, and AI is enhancing production capabilities, driving the need for high-quality contract manufacturers.

• Companies operating in the market include Proto Labs, Xometry, Fictive, Fathom, Fast Radius, Machining USA, LLC., American Micro Industries, Celestica Inc., Benchmark Electronics, Inc., SMTC Corporation, Penton (Informa PLC), Methode Electronics, Inc., Astro Machine Works, COX Manufacturing, METRO STEEL USA, Flextronics International, Ltd, Jabil Inc., Viant, Technimark LLC, and Roberson Machine.

• In March 2024, Protolabs introduced an advanced software integration across its network, enhancing collaboration and streamlining the contract manufacturing process. The new system provides seamless connectivity between Protolabs' digital platform and customer teams, facilitating real-time communication, faster decision-making, and smoother project management.

North America Contract Manufacturing Services Market Segmentation

For the purpose of this report, Grand View Research has segmented the North America contract manufacturing services market on the basis of service, end-use and country:

North America Contract Manufacturing Service Outlook (Revenue, USD Billion, 2018 - 2030)

• 3D Printing

• CNC Machining

• Sheet Metal Fabrication

• Injection Molding

North America Contract Manufacturing Services End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Medical Devices

• Industrial Machinery

• Heavy Equipment (Construction, Mining, Agriculture)

• Oil and Gas Equipment

• Renewable Energy Equipment

• Machine Tools Manufacturing

• Rail Transportation Equipment

• Marine Equipment and Shipbuilding

• Power Generation Equipment

• HVAC Systems

• Automotive Suppliers and Accessory Makers

North America Contract Manufacturing Services Country Outlook (Revenue, USD Billion; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

List of Key Players in the North America Contract Manufacturing Services Market

• Proto Labs

• Xometry

• Fictive

• Fathom

• Fast Radius

• Machining USA, LLC.

• American Micro Industries

• Celestica Inc.

• Benchmark Electronics, Inc.

• SMTC Corporation

• Penton (Informa PLC)

• Methode Electronics, Inc.

• Astro Machine Works

• COX Manufacturing.

• METRO STEEL USA

• Flextronics International, Ltd

• Jabil Inc.

• Viant

• Technimark LLC

• Roberson Machine