According to this article, 2007 marked the highest revenue performance for the EMS-industry, outpacing the record year of 2006. Growth remained during the 1H/2008, during which the 20 largest EMS-providers (global) recorded a sales increase of 16.6%, compared to the 1H/2007.
The growth outlook for the EMS industry continues to be geographically unbalanced. According to Electronic Trend Publications, from 2007 to 2012, Asia is expected to grow at a CAGR of 17.2% and account for over 71% of the EMS market by 2012 - compared to a 4.9% annual growth for North America and a 7.5% annual growth for Europe. The rest of the world is expected to grow at a 11.6% CAGR over the same period, states Lincoln International in their latest report.
The key region within the Asian market remains China, accounting for approximately 60% of all Asian EMS production. Together with Taiwan, these two countries represent 46% of the entire global EMS production. By 2012, this is predicted to change. China is expected to account for 76% of all EMS output in Asia and 54% worldwide. The Chinese government is likely to continue to provide significant incentives, such as tax credits, land grants, low import duties, among other advantages. In addition, full private equity ownership of EMS operations is now possible and is beginning to become more popular.
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