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Report: EMS Growth Far Ahead of Assembly |
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Written by Mike Buetow
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Friday, 11 July 2008 |
SAN JOSE – The worldwide EMS market grew 17.3% in 2007 and will continue to grow briskly in the coming years, a new research report claims.
The EMS growth far outpaced the broader electronics assembly market, which grew 3.9% last year, according to Electronic Trend Publications.
The firm estimates that total electronics assembly value was $958 billion in 2007 and will grow 46% to nearly $1.4 trillion in 2012. The EMS industry, meanwhile, will nearly double over the same period, growing 89% to $493 billion in 2012.
ETP’s report also includes assessments of many major EMS and ODM firms.
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