El Segundo, CA - Worldwide contract manufacturing revenues will reach nearly $300 billion by 2008, says a research firm.

Sales of EMS and ODM services are on track to hit $298.4 billion, a compound annual growth rate of 13.7% through 2008, iSuppli Corp. said yesterday.

Last year, sales of EMS and ODM firms were $190 billion, up 20.1% year-on-year. The surge was a marked improvement over 2003, in which revenues climbed 5.4%.


EMS sales were $116.5 billion in 2004, up 15.8%, iSuppli said. ODM revenues were up 27.2% to $73.6 billion.

Global EMS revenue is expected to reach $164.4 billion by 2008, a five-year CAGR of 9.5%. Worldwide ODM sales will rise at a CAGR of 21.2%, to $134 billion, according to iSuppli.

The research firm expects ODMs to push toward branding their own products during that time.
Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account