Circuits Assembly Online Magazine - Report: China Will Account for 76% of Asian EMS/ODM Markets in 2011

SCOTTSDALE, AZ – Asia will dominate the EMS/ODM markets for the next several years, reports In-Stat. China, with low-cost advantage and high demand, will account for nearly 76% of the Asian EMS/ODM market in 2011, the high-tech market research firm adds.

In-Stat says the Asia contract electronics manufacturing market will grow to $281.8 billion in 2011, from $121.5 billion in 2006. Asia will capture 55.1% of the global EMS market in 2011, up from 45% in 2006.

Consumer electronics will experience the fastest growth rates, followed by the communications segment.

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