Aug 1, 10:04
The global electronics Contract Manufacturing (CM) industry is undergoing a period of deceleration and consolidation, phenomena that will transform the market by 2013 as competitors are forced to rethink how they deliver value to their customers, according to iSuppli. Revenue for the global CM industry, consisting of Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) providers, is set to expand to US$432.3 billion by 2012, rising at a compound annual growth rate (CAGR) of 7.2% from US$305.5 billion in 2007