July 31, 2020

US Witnessed Significant Growth in the Electronic Contract Assembly Market Share

Market Highlights:

Electronic contract assembly companies offer a variety of manufacturing services such as design, assembly, and testing. Most of the electronic contract assembly companies offer designs by performing research by interviewing product users, consulting experts, analyzing the related existing products, and developing and visualizing the product to perform testing. A prototype of the product is then sent to the customer. Once the prototype is completed, companies provide various types of product testing services, such as agency compliance testing, analytical laboratory testing, automated optical inspection, environmental testing, functional testing, in-circuit testing, and X-ray testing.

Electronic contract assembly companies offer manufacturing of printed circuit boards, microelectronics components, optoelectronic devices, and RF and wireless devices. Many organizations adopt electronic contract manufacturing solutions to produce large volume of prototypes and products.

Key Players:

The key players in the Electronic Contract Assembly Market Share are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Altadox Inc (US), Benchmark Electronics Inc (US), Celestica Inc (Canada), Compal Electronics Inc (Taiwan), Creation Technologies LP (Canada), Fabrinet (Thailand), Flex Ltd (Singapore), Hon Hai Precision Industry Co Ltd (Taiwan), Jabil Circuits Inc (US), Plexus Corporation (US). These players contribute a major proportion towards market growth.

Apart from the top key players, the other players contribute nearly 30–35 % in the Electronic Contract Assembly Market Share. These include Sanmina SCI (US), New Kinpo Group (Taiwan), Shenzhen Kaifa Technology (China), Universal Scientific Industrial Co Ltd (Taiwan), Venture (Singapore), Elcoteq (Luxembourg), SIIX (Japan), Zollner Elektronik (Germany), Beyonics Technology (Singapore), Sumitronics (Japan), UMC Electronics Co Ltd (Japan), Orient Semiconductor Electronics (Taiwan), Kimball Electronics Group (US), AsteelFlash Group (France), and others.

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