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Electronic Manufacturing Software Market Segmentation By Product (Component, Devices and Others); By Services Offered (Design & Development, Supply Chain Solutions, New Product Introduction, Manufacturing, Assembly, Aftermarket and Others) and By End User (Healthcare & Lifesciences, Aerospace & Defense, Automotive, Industrial, Energy, Building & Construction, Networking & Telecommunication and Others) - Global Industry Demand Analysis and Opportunity Assessment 2018-2027

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Extensive insights into the Growth of Electronic Manufacturing Software Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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  • July 2019: Plexus Corp. announced that it will be renovating its facility in Scotland in order to meet the growing demand of its products amongst customers in the European markets.

Market Overview

The growth of the global electronic manufacturing software market is thriving on the back of the growing need of organizations to rapidly shift their existing work platforms into the cloud, so as to make it accessible from multiple work locations. Advancement in technology coupled with growing industrial automation and rising trends of industry 4.0 concepts is further adding to the need for the deployment of customized electronic manufacturing software across industries to operate the devices that are connected to machines. Moreover, increasing need to develop smart manufacturing technologies, coupled with advancements in technology are some of the factors anticipated to promote significantly towards the growth of the global electronic manufacturing software market.

The global electronic manufacturing software market reached a value of around USD 23000 million in the year 2018 and is expected to garner a value of around USD 26000 million by the end of 2027 by registering a CAGR of around 1.5% across the globe over the forecast period 2019-2027. Further, the worldwide market of electronic manufacturing software is anticipated to achieve an incremental $ opportunity of around USD 370 million in the year 2027 as compared to the previous year.

Growth Highlights based on Region during 2018-2027

The global electronic manufacturing software market is segmented by regions into0 North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. Among thee regions, the market of North America electronic manufacturing software market is driven by U.S. and China, where U.S. held the dominant market share of around 65% during the year 2018. Presence of numerous manufacturing companies in the nation, especially in the Southeastern United States, predicts a significant growth of electronic manufacturing software market in the United States in the upcoming years. Additionally, the market in North America is expected to expand by observing the growth rate of around 1.05x over the forecast period, which in turn is estimated to have a positive effect on the demand for electronic manufacturing software in the long run. Moreover, the electronic manufacturing software market in North America, which held a market share of around 34% in the year 2018, is anticipated to cross a value of around USD 8400 million in 2027. CLICK TO DOWNLOAD SAMPLE REPORT

Further, Germany, U.K., France and Italy are the prominent countries that are driving the growth of the Europe electronic manufacturing software market, where Germany accounted for the largest market share of around 25% in the year 2018 and is anticipated to cross a value of around USD 1500 million by the end of 2027.

Electronic Manufacturing Software Market

The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Market Segmentation Synopsis

By Product

The global electronic manufacturing software market has been segmented on the basis of product into component, devices and others. The component segment with around 40% share in the year 2018, occupies the largest market of electronic manufacturing software market across the globe. Additionally, the component segment is anticipated to cross a value of around USD 10,300 million by the end of 2027 by registering a CAGR of around 1% over the forecast period. Further, the devices segment is estimated to grow with the highest CAGR of around 2% over the forecast period.


Market Drivers and Challenges

Growth Indicators

With the increasing trends of industrial internet of things (IIoT) and the need for automation in industries around the world, industries across different sectors are increasingly deploying sensors and devices that are inter-connected to each other, ranging from machines in a production line to the motors inside a plane, that continuously send signals and data to remote systems for constant monitoring and control of equipment. Further, increasing funding for research and development has led to the development of advanced microprocessor chips that are capable enough to work smartly with greater workloads and enhanced data processing capabilities, providing organizations to understand their businesses and factory lines in-depth from the data collected by the sensors, thereby helping them further to increase their work efficiency and reduce operational cost. As such, there is a growing need for software that can efficiently manage all these interconnected devices that play a major role in the IIoT system. Additionally, increasing need for process optimization amongst organizations to lower their operational cost and also lower down the capex on labor intensive machines are some of the additional factors anticipated to drive the growth of the global electronic manufacturing software market.


Owing to the increasing number of software companies around the world, the competition in the industry is massive, leading to lower return on investment on the business, which is anticipated to impact negatively towards the growth of the global electronic manufacturing software market.

Competitive Landscape

Some of the affluent industry leaders in the global electronic manufacturing software market are Plexus Corp., Jabil Inc., Flextronics International, Ltd., Foxconn Electronics Inc., PEGATRON Corporation, Celestica Inc., Sanmina Corporation, Universal Scientific Industrial, Benchmark Electronics, Inc., and SIIX Corporation.


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