Telecom EMS Sector Embraces Green Manufacturing Practices
December 6, 2024 | Globe NewswireEstimated reading time: 1 minute
The global market for Telecom Electronic Manufacturing Services (EMS) was estimated at US$213.4 Billion in 2023 and is projected to reach US$319.5 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030.
What Factors Are Driving the Growth in the Telecom EMS Market?
The growth in the Telecom EMS market is driven by several factors, including increasing demand for telecom infrastructure, rising deployment of 5G networks, and the need for cost-efficient manufacturing solutions. Advancements in EMS technology, such as automation, precision testing, and advanced design capabilities, have supported broader applications in telecom components. The focus on reducing production costs, improving quality assurance, and accelerating time-to-market has further fueled demand, as EMS providers offer specialized expertise in high-volume manufacturing. Additionally, growing investments in network expansion, expanding IoT applications, and increased adoption of fiber optic networks have contributed to market growth, encouraging the use of EMS in the telecom sector.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Electronic Manufacturing Service segment, which is expected to reach US$127.6 Billion by 2030 with a CAGR of a 6.8%. The Supply Chain Management Service segment is also set to grow at 5.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $58.0 Billion in 2023, and China, forecasted to grow at an impressive 5.6% CAGR to reach $50.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Suggested Items
LITEON Technology Reports 2024 EPS of NT$5.21 Q4 Sales Reached NT$38.3 Billion
02/27/2025 | LITEON TechnologyLITEON Technology reported the fourth quarter consolidated sales of NT$38.3 billion, up 4% Y-o-Y. Cloud & AIoT achieved an annual growth of over 20%, driving overall revenue back to a positive growth trajectory.
Technica USA and Electra Polymers: Driving Success in Ink Jet Solder Mask Across North America
02/27/2025 | Technica USATechnica and Electra Polymers have achieved remarkable success in the ink jet solder mask market. Electra Polymers is the dominant force in North America, holding an overwhelming market share north of 80% with its ElectraJet® EMJ110 solder mask.
AT&S Appoints Dr. Michael Mertin as New CEO
02/26/2025 | AT&SThe Supervisory Board of AT&S decided to appoint Dr. Michael Mertin as member of the Management Board and Chief Executive Officer (CEO) of the company with effect from May 1, 2025 and a term of three years.
Yamaha Motor to Launch New YRP10e Entry-Level Solder Paste Printer
02/26/2025 | Yamaha Motor Europe Robotics, SMT SectionYamaha Motor Europe Robotics SMT Section announces that it will release the new YRP10e solder paste printer on April 1 of this year.
Discover the New Podcast Series on Thermal Management—Now Available
02/27/2025 | I-Connect007In this premiere podcast episode, Ryan Miller of NCAB breaks down why thermal management is a must for PCB designers. What are the main causes of excess heat in our designs today? Why does it matter? And how can designers keep their boards cool under pressure?