DUBLIN--(BUSINESS WIRE)--The "Global
Electronic Contract Design Engineering Market - Segmented by Type of
Activity, Application (Healthcare, Automotive, Consumer Electronics),
and Geography - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
The global electronic contract design engineering market is projected to register a CAGR of 7.24% during the forecast period 2018-2023.
Manufacturers are increasingly adopting outsourcing services, like design and engineering, to reduce costs and improve flexibility considerably. To streamline several production processes, companies have increased their R & D investments and various other strategic initiatives. Also, due to challenges with in-house production, companies are outsourcing to save cost.
The upsurge in demand for electrical vehicles has increased the need to outsource their electronic component manufacturing, thereby spurring the EMS market demand in the automotive sector. Connected car and vehicle infotainment system features are at the forefront, enhancing the need for increasingly-complex software-driven functionality.
Asia-Pacific occupies a significant market share majorly due to the demand from countries, like China and India. China has transformed into a major source of electronics production. The low-cost labor and availability of raw materials are some of the factors influencing electronic design & engineering services in this region.
- Altadox Inc.
- Benchmark Electronics Inc.
- Celestica Inc.
- Cal-Comp Electronics PCL
- Creation Technologies LP
Hon Hai Precision Industry Co. Ltd.
- Jabil Circuit Inc.
- Plexus Corporation
- Sanmina-Sci Corporation
- Universal Scientific Industrial Co. Ltd
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Electronic Contract Design & Engineering Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Outlook of the Electronic Contract Design & Engineering Market
For more information about this report visit https://www.researchandmarkets.com/research/9wl5g5/global_electronic?w=4