The Asian CEM Market was US$73.35 Billion in 2004, and is Expected to Reach US$161.90 Billion by 2009

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:

 


About The Author

Ibrar Ayyub

I am an experienced technical writer holding a Master's degree in computer science from BZU Multan, Pakistan University. With a background spanning various industries, particularly in home automation and engineering, I have honed my skills in crafting clear and concise content. Proficient in leveraging infographics and diagrams, I strive to simplify complex concepts for readers. My strength lies in thorough research and presenting information in a structured and logical format.

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