Analysis - by Service (Electronic Design & Engineering, Electronic Assembly, and Electronic Manufacturing); and End User (Aerospace, Industrial/Automation, Semiconductor/Robotics, IT & Telecom, and Others)
No. of Pages:91
Report Code:
BMIRE00028687
Category:
Electronics and Semiconductor
Middle East & Africa Electronic Contract Assembly Market
The electronic contract assembly market in Middle East & Africa is expected to grow from US$ 6,020.97 million in 2023 to US$ 7,637.28million by 2028. It is estimated to grow at a CAGR of 4.9 % from 2023 to 2028.
Rising Penetration of 5G Fuels Middle East & Africa Electronic Contract Assembly Market
The growing advancement of telecommunication networks is bringing higher speeds, better reliability, and lower latency. Various key players are enhancing the 5G infrastructure in developing countries. This 5G telecommunication network is the key enabler of applications such as intelligent automation, smart manufacturing, and connected mobility. Moreover, the growing 5G infrastructure is propelling the demand for new smartphones. The smartphone manufacturing industry is one of the industries witnessing a growing number of outsourcing electronic manufacturing contracts. Thus, rising number of smartphones, smart manufacturing, and intelligent automation owing to increasing penetration of the 5G network is expected to offer lucrative opportunities for the electronic contract assembly market.
Middle East & Africa Electronic Contract Assembly Market Overview
The Middle East & Africa electronic contract assembly market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa (MEA). The telecom sector in this region has experienced significant growth over the last decade owing to an upsurge in investments by private and public players across this sector. With the digital revolution and the telecom sector’s proliferation, the demand for new electronic devices has increased in the Middle East & Africa. This has influenced various telecom companies to modify their operations to be able to develop electronic components and devices. In November 2023, Omantel (a telco) launched its first 400GbE DCI service in the Middle East with the help of Ciena. Electronics play a vital role in the telecom industry. Such launches and investments in the development and adoption of telecom industry are expected to propel the growth of the electronic contract assembly market in the MEA.
Israel is one of the leading players in the aerospace & defense industry in the MEA. A well-established aerospace industry in Israel is creating lucrative opportunities for electronics providers. Such investments in the aerospace industry, coupled with a rise in the demand for electronics, are expected to bolster the future growth of the electronic contract assembly market in the region
Middle East & Africa Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Electronic Contract Assembly Market Segmentation
The Middle East & Africa electronic contract assembly market is segmented into Service, end user, and country.
Based on services, the Middle East & Africa electronic contract assembly market is segmented into electronic design & engineering, electronic assembly, and electronic manufacturing. The electronic manufacturing segment registered the largest Middle East & Africa electronic contract assembly market share in 2023.
Based on end user, the Middle East & Africa electronic contract assembly market is segmented into aerospace, industrial/automation, semiconductor/robotics, IT and telecom, and others. the others segment held the largest Middle East & Africa electronic contract assembly market share in 2023.
Based on country, the Middle East & Africa electronic contract assembly market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa (MEA). The UAE dominated the Middle East & Africa electronic contract assembly market share in 2023.
Benchmark Electronics Inc; Celestica Inc; Flex Ltd; and Jabil Inc are the leading companies operating in the electronic contract assembly market in the region.
Middle East & Africa Electronic Contract Assembly Market Strategic Insights
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Middle East & Africa Electronic Contract Assembly Market Segmentation Analysis
Middle East & Africa Electronic Contract Assembly Market Report Highlights
Middle East & Africa Electronic Contract Assembly Report Scope
Report Attribute
Details
Market size in 2023
US$ 6,020.97 Million
Market Size by 2028
US$ 7,637.28 Million
CAGR (2023 - 2028)
4.9 %
Historical Data
2021-2022
Forecast period
2024-2028
Segments Covered
By Service
Electronic Design & Engineering
Electronic Assembly
Electronic Manufacturing
By End User
Aerospace
Industrial/Automation
Semiconductor/Robotics
IT & Telecom
Regions and Countries Covered
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
Celestica Inc
Fabrinet Co Ltd
Flex Ltd
Jabil Inc
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Middle East & Africa Electronic Contract Assembly Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East & Africa Electronic Contract Assembly Market
Celestica Inc
Fabrinet Co Ltd
Flex Ltd
Jabil Inc
Frequently Asked Questions
How big is the Middle East & Africa Electronic Contract Assembly Market?
The Middle East & Africa Electronic Contract Assembly Market is valued at US$ 6,020.97 Million in 2023, it is projected to reach US$ 7,637.28 Million by 2028.
What is the CAGR for Middle East & Africa Electronic Contract Assembly Market by (2023 - 2028)?
As per our report Middle East & Africa Electronic Contract Assembly Market, the market size is valued at US$ 6,020.97 Million in 2023, projecting it to reach US$ 7,637.28 Million by 2028. This translates to a CAGR of approximately 4.9 % during the forecast period.
What segments are covered in this report?
The Middle East & Africa Electronic Contract Assembly Market report typically cover these key segments-
Service (Electronic Design & Engineering, Electronic Assembly, Electronic Manufacturing)
End User (Aerospace, Industrial/Automation, Semiconductor/Robotics, IT & Telecom)
What is the historic period, base year, and forecast period taken for Middle East & Africa Electronic Contract Assembly Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Electronic Contract Assembly Market report:
Historic Period : 2021-2022
Base Year : 2023
Forecast Period : 2024-2028
Who are the major players in Middle East & Africa Electronic Contract Assembly Market?
The Middle East & Africa Electronic Contract Assembly Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Celestica Inc
Fabrinet Co Ltd
Flex Ltd
Jabil Inc
Who should buy this report?
The Middle East & Africa Electronic Contract Assembly Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East & Africa Electronic Contract Assembly Market value chain can benefit from the information contained in a comprehensive market report.
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