NEVADA CITY, CA -- The worldwide electronics manufacturing services market will grow 7.7% compounded annually between 2013 and 2018, a new research report asserts.

The EMS industry will reach $639 billion in 2018, up from $440 billion in 2013, says New Venture Research.

"While the rate of growth for outsourcing is slowing, it still represents the most desired manufacturing model for the assembly of electronics products available to OEM companies. The EMS industry expanded approximately 4.9% in 2013 as a result of a downturn year when normal growth could easily have been double without decline in demand for computer desktop and notebook products.

The firm says EMS sales make up 40% of all assembly.  NVR estimates that total electronics assembly value was $1.3 trillion in 2013 and will grow to approximately $1.8 trillion in 2018, a 5.9% compounded annual growth rate. 

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