How big is the Electronics Manufacturing Market | Forecasts & Growth Trends 2025

Q: What is the size of the electronics manufacturing market in 2024?

The electronics manufacturing market was valued at USD 5.3 trillion in 2024.

Q: What are the primary applications driving electronics manufacturing growth?

Consumer electronics, telecommunications infrastructure, and healthcare devices lead demand.

Q: What are the latest innovations in Electronics manufacturing market?

Smart manufacturing (Industry 4.0), automated optical inspection (AOI), chiplet-based packaging, and miniaturization trends are reshaping the market.

Q: How big will the electronics manufacturing market be by 2031?

The electronics manufacturing market is anticipated to exceed USD 7.98 trillion by 2031.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA6278

Publication Date: Jul 2025

How Big Is the Electronics Manufacturing Market?

According to 6Wresearch internal database and industry insights, the electronics manufacturing market was valued at USD 5.3 trillion in 2024 and is projected to reach USD 7.98 trillion by 2031, growing at a CAGR of 8.1% during the forecast period.

This expansion is buoyed by the advancement in consumer electronics, increasing outsourcing of manufacturing services, and the global push for electric and connected mobility.

Growth Drivers of the Electronics Manufacturing Market

Proliferation of smartphones, wearables, and smart home appliances
Surging demand for semiconductor chips amid AI, 5G, and EV adoption
Government incentives to boost domestic electronics manufacturing
Outsourcing by OEMs to EMS providers for cost efficiency and scalability
Increase in automotive electronics with the transition to electric and autonomous vehicles
Augmented investment in high-precision electronics for healthcare devices and aerospace

Electronics Manufacturing Market Trends

Electronics Manufacturing Market is witnessing robust momentum toward localized manufacturing to minimize geopolitical risk and supply chain disruptions. Smart factories and Industry 4.0 technologies are restructuring production. Further, there is a growing emphasis on sustainable electronics and circular manufacturing models, especially in Europe and North America.

Emerging Developments in the Electronics Manufacturing Market

Emerging developments in the Electronics Manufacturing Market include the expansion of EMS players into value-added services, integration of digital twins in production monitoring, and the scaling up of chip manufacturing capacities in Asia and the U.S. Strategic partnerships between OEMs and foundries are also on the rise to tackle global semiconductor shortages.