Français
Deutsch
Español
Italiano
Português
日本語
한국어
Русский
Electronic Manufacturing Software Market: Exploring the Opportunities · EMSNow
Jun 07, 2023Posted by Jennifer Read | Aug 28, 2023 | Analysis, EMS, Software, Supply Chain
Electronics manufacturing software is a set of tools utilized by manufacturers to execute, plan, and report on the production of electronic goods. The software is helpful in boosting efficiency and aligning teams to enable total control and visibility.
Challenges faced by electronics manufacturers:
Some of the common features of software for this application:
In more simple terms, the software is taking charge of the following parameters:
Inventory control ➤ Management of bills ➤ Production planning and scheduling ➤ Capacity planning ➤ Procurement management ➤ Work order management ➤ Reporting & analytics
The electronics manufacturing software market offers services and products in an array of industries
Electronic Manufacturing Software Market:
The electronics manufacturing software market garnered a value of around USD 570 billion in the year 2023 and is expected to garner USD 900 billion by the year 2030, registering a CAGR of 8.9%. The market is anticipated to grow on the back of factors such as:
The Asia Pacific region is anticipated to hold remarkable growth during the forecast period. India and China have strong market strength globally. The market in consumer electronics, semiconductor, and other telecommunication devices are rising in the region. For instance, in India, Tata Group recently announced plans to enter the semiconductor manufacturing business. Secondly, there is the rollout of 5G technology which is also responsible for the rising market growth.
The leading companies in the electronics manufacturing services market are Vinatronic Inc, Benchmark Electronics Inc, Hon Hai Precision Industry Co. Ltd, Flex Ltd, Sanmina Corporation, etc.
In a nutshell,
It is evident that the electronics manufacturing software market is flourishing.
Source:
https://www.researchnester.com/reports/electronic-manufacturing-software-market/2458
Share:
Supply chain managementReporting of process planningPlanning for a material supplierSubstitution of the componentPlanning of workloadManagement of engineering changeSerial number managementEPA compliance reportingManagement of certified designs: Recall management:Scrap management:Insights of holistic business operations:IndustriesElectronic Manufacturing Software Market: In a nutshell,