With the maturity of the EMS model and the continuous improvement of the service capabilities of enterprises in the industry, the global EMS industry presents a development trend of wider service fields and overall increase in business volume. In 2021, the global EMS industry market scale reached US$ 589.7 billion, up 6.42% year-on-year. In the future, under the background of strong demand in downstream terminal applications and global specialization, the global EMS industry will continue to develop, and it is estimated that the global EMS industry market scale will reach US$ 724.2 billion in 2024.
The demand for PCBA electronic manufacturing services mainly comes from downstream brands, and the specific demand is roughly divided into two parts: the first part is the demand for large and medium batch PCBA, and the second part is the demand for small batch PCBA, including the demand for sample preparation and small batch production for downstream customers. Due to the broad downstream application fields of small-batch PCBA, including consumer electronics, automotive electronics, industrial control and many other fields, the product types are rich, the product iteration speed is accelerating day by day, the personalized demand of consumers is increasing day by day, and the market demand of small-batch PCBA is growing steadily. In 2021, the market size of China PCBA electronic manufacturing service industry reached 390.7 billion yuan, up by 3.09% year-on-year. With the acceleration of the upgrading of consumer electronics products, the improvement of the penetration rate of new energy vehicles and the level of automotive electronicization, and the advancement of industrial intelligence, the market demand for consumer electronics, automotive electronics and industrial control PCBA will continue to increase, and the future market prospect will be broad. It is estimated that the market scale of China PCBA electronic manufacturing service industry will reach 406.1 billion yuan in 2024.
