Bannockburn, Ill. — The global market for electronics manufacturing services (EMS) is returning to double-digit growth, according to a study released by IPC-Association Connecting Electronic Industries. The EMS sector was the last in the electronics supply chain to feel the impact of the global recession and the last to rebound in 2010, said IPC.
The global EMS market is projected to grow at an annual average rate of 12.2 percent through 2014, based on a forecast provided by New Venture Research Corp. (NVR), formerly Electronic Trend Publications.
IPC’s own forecast of assembly market growth in North America projects a 28 percent increase in 2010, and a return to more normal growth of 12 percent in 2011.
The study, “2009-2010 Analysis and Forecast for the EMS Industry,” provides general business metrics for the sample of 95 EMS operations that participated in the annual survey by region, including North America, Europe and Asia.
It also covers trends in sources of revenue, revenue per employee, services offered, markets served, manufacturing technology, capital investment, spending on equipment and materials, and market size.