Fundamental, Research

How EMS Providers Can Capitalize on the Coming EV and Electronics Boom

Shreya Gheewala, Senior Equity Analyst

25 April 2025

Positioning for the Next Cycle in EMS

The global electronics manufacturing services (EMS) industry is approaching a critical turning point. According to CFRA's latest Thematic Research, 2025 could mark the bottom of the current manufacturing cycle—and the beginning of a sustained growth period fueled by surging electric vehicle (EV) adoption and electronic content expansion.

CFRA forecasts a 12% CAGR for the EMS market through 2030, with the automotive electronics segment leading the way. EVs and hybrids require 2x-3x more electronic content compared to traditional vehicles, creating enormous opportunities for EMS providers with automotive expertise. Companies like Jabil (JBL), Flex (FLEX), and TE Connectivity (TEL) are well-positioned to benefit.

Watch a short snippet of the full video.

What You’ll Learn from the Thematic Research

Why 2025 could mark a turning point for global EMS providers
Long-term growth projections for EV and healthcare electronics
Company-level implications for JBL, TEL, FLEX, and SANM
Risk factors that could challenge EMS recovery
Updated global manufacturing outlook and PMI trends

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