Frost & Sullivan: Path to Success for Electronics Manufacturing Market Paved by Outsourcing Design

Frost & Sullivan: Path to Success for Electronics Manufacturing Market Paved by Outsourcing Design PR Newswire LONDON, Sept. 19, 2012 - Growth for original equipment manufacturers depends on product differentiation and pricing strategy attainable through EMS providers. LONDON, Sept. 19, 2012 /PRNewswire/ -- Electronics manufacturing service (EMS) providers have evolved from offering point-to-point service to providing complete design support services. EMS providers have started developing focused strategies to broaden design revenues, as their core strategy elevates growth in design services. New analysis from Frost & Sullivan (http://www.electronics.frost.com), Opportunity Analysis for Outsourcing in the Electronics Manufacturing Service (EMS) Design Market, finds that the global EMS design market earned revenues of $11.93 billion in 2011 and is expected to grow to $29.62 billion in 2018 with a CAGR of 8.9%. Most EMS providers now have the expertise to shoulder an increasing responsibility of fully completing and leveraging designs solutions for multiple products and customers. Thus, as the overall electronics industry and design continue to evolve rapidly, EMS providers are expected to play a greater role in enabling standardization across all industries, which helps elevate the quality of the product design itself.