Dublin (PRWEB) February 28, 2006
Research and Markets (http://www.researchandmarkets.com/reports/c33456) has announced the addition of Asia CEM and Assembly Capacity by Country to their offering.
With an abundance of low-cost labor and a vast technical workforce, Asia is now the world’s largest Contract Electronic Manufacturing (CEM) market. The Asian CEM market was US$ 73.35 billion in 2004, and is expected to reach US$ 161.90 billion by 2009.
With China and Taiwan already strong in this field, other Asian countries such as India, Thailand, and Vietnam are emerging as strong contenders for low-cost manufacturing of electronic equipment. The total CEM capacity in Asia will grow to 65% of the world’s CEM capacity by 2009, with China leading the way.
This recent report found the following: