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Written by Chelsey Drysdale
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Monday, 16 November 2009 18:06 |
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BANNOCKBURN, IL – Despite economic setbacks in 2008 and 2009, the world market for EMS will continue to grow, says IPC.
As the world’s economies begin recovery, the global EMS market is projected to grow at an annual average rate of 8.1% until 2013, according to the association, based on forecasts by Electronic Trend Publications.
The EMS sector was the last in the electronics supply chain to feel the impact of the global recession, but growth is expected to return in 2010.
Communications is the top end-market for North American and Asian EMS companies, whereas industrial electronics is largest for European contract assemblers.
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