Middle East & Africa Electronic Contract Assembly Market Forecast to 2028 -Regional Analysis

The electronic contract assembly market in Middle East & Africa is expected to grow from US$ 6,020.97 million in 2023 to US$ 7,637.28 million by 2028. It is estimated to grow at a CAGR of 4.9 % from 2023 to 2028.

Rising Penetration of 5G Fuels Middle East & Africa Electronic Contract Assembly Market

The growing advancement of telecommunication networks is bringing higher speeds, better reliability, and lower latency. Various key players are enhancing the 5G infrastructure in developing countries. This 5G telecommunication network is the key enabler of applications such as intelligent automation, smart manufacturing, and connected mobility. Moreover, the growing 5G infrastructure is propelling the demand for new smartphones. The smartphone manufacturing industry is one of the industries witnessing a growing number of outsourcing electronic manufacturing contracts. Thus, rising number of smartphones, smart manufacturing, and intelligent automation owing to increasing penetration of the 5G network is expected to offer lucrative opportunities for the electronic contract assembly market.

Middle East & Africa Electronic Contract Assembly Market Overview

The Middle East & Africa electronic contract assembly market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa (MEA). The telecom sector in this region has experienced significant growth over the last decade owing to an upsurge in investments by private and public players across this sector. With the digital revolution and the telecom sector’s proliferation, the demand for new electronic devices has increased in the Middle East & Africa. This has influenced various telecom companies to modify their operations to be able to develop electronic components and devices. In November 2023, Omantel (a telco) launched its first 400GbE DCI service in the Middle East with the help of Ciena. Electronics play a vital role in the telecom industry. Such launches and investments in the development and adoption of telecom industry are expected to propel the growth of the electronic contract assembly market in the MEA.

Israel is one of the leading players in the aerospace & defense industry in the MEA. A well-established aerospace industry in Israel is creating lucrative opportunities for electronics providers. Such investments in the aerospace industry, coupled with a rise in the demand for electronics, are expected to bolster the future growth of the electronic contract assembly market in the region

Middle East & Africa Electronic Contract Assembly Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Electronic Contract Assembly Market Segmentation

The Middle East & Africa electronic contract assembly market is segmented into Service, end user, and country.

Based on services, the Middle East & Africa electronic contract assembly market is segmented into electronic design & engineering, electronic assembly, and electronic manufacturing. The electronic manufacturing segment registered the largest Middle East & Africa electronic contract assembly market share in 2023.

Based on end user, the Middle East & Africa electronic contract assembly market is segmented into aerospace, industrial/automation, semiconductor/robotics, IT and telecom, and others. the others segment held the largest Middle East & Africa electronic contract assembly market share in 2023.

Based on country, the Middle East & Africa electronic contract assembly market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa (MEA). The UAE dominated the Middle East & Africa electronic contract assembly market share in 2023.

Benchmark Electronics Inc; Celestica Inc; Flex Ltd; and Jabil Inc are the leading companies operating in the electronic contract assembly market in the region.