The global electronic manufacturing software market is anticipated to achieve a CAGR of around 2.5% across the globe over the forecast period. This software is used across many electrical manufacturers for manufacturing components including chips, PCBs, and other electrical components.

Top Driver: Factor affecting on electronic manufacturing software market  is increasing advancements in technology

Actors such as increasing advancements in technology, growing need of organizations to rapidly shift their existing work platforms into the cloud, industrial automation, rising trends of industry 4.0 concepts and others. Additionally, growing need for automation across industries to lower their operational costs and enhance work process efficiency and further understand the business product line processes is anticipated to drive the growth of the global electronic manufacturing software market.

new product introduction –segment  to Make Crucial Contribution to Growth of electronic manufacturing software market

The global electronic manufacturing software market consists of various segments that are segmented by product, services, end user and by region. The services segment is further sub-divided into design & development, supply chain solutions, new product introduction, manufacturing, assembly and aftermarket. Out of these, the new product introduction segment is anticipated to hold the largest market share of around 27% in the year 2028. Additionally, the segment is anticipated to cross a value of around USD 7200 million by the end of 2028 by registering a CAGR of around 2.5% over the forecast period.

 Asia Pacific expected to witness fastest growth in electronic manufacturing software market

the global electronic manufacturing software market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, which had accounted for around 22% share in the year 2018, is estimated to witness the highest CAGR of around 2% over the forecast period and cross a value of around USD 6400 million by the end of 2027.

Players to Focus on electronic manufacturing software market

Key participants within the industry include Plexus Corp.

• Jabil Inc.
• Flextronics International Ltd.
• Foxconn Electronics Inc.
• PEGATRON Corporation
• Celestica Inc.
• Sanmina Corporation
• Universal Scientific Industrial
• Benchmark Electronics Inc.
• SIIX Corporation.

Scope of the Report

By service

• design & development,
• supply chain solutions,
• new product introduction,
• manufacturing

By Product Type

• Cloud-Based
• On-Premise

By End user

• Large Enterprises
• Small
• Medium-sized Enterprises

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report 

1. It provides a technological development map over time to understand the growth rate of the industry.

2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.

3. It renders definite analysis for changing competitive dynamics.

4. It builds a seven-year estimate based on how the market is predicted to grow.