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North America Contract Manufacturing Services Market Size, Share & Trends Analysis Report By Service, By End-use, By Country, And Segment Forecasts, 2025 - 2030

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    Report

  • 152 Pages
  • December 2024
  • Region: North America
  • Grand View Research
  • ID: 6040988

North America Contract Manufacturing Services Market Growth & Trends

The North America contract manufacturing services market is anticipated to reach USD 101.6 billion by 2030 and is expected to grow at a CAGR of 6.8% from 2025 to 2030. The North America contract manufacturing services market is experiencing significant growth, driven by several key factors that cater to the evolving needs of industries such as automotive, aerospace, healthcare, electronics, and consumer goods. One of the primary drivers of this growth is the increasing demand for cost-effective production solutions. By outsourcing manufacturing, companies can reduce operational costs, avoid heavy capital investments, and streamline production without compromising on quality.

Additionally, advancements in manufacturing technologies, including automation, 3D printing, and artificial intelligence, are reshaping the industry. These innovations allow for faster production cycles, greater precision, and improved customization options, particularly important in industries like medical devices, automotive, and aerospace, where high precision is essential. The use of smart technologies in contract manufacturing also improves supply chain management and operational efficiency, enhancing the competitiveness of North American manufacturers.

Another contributing factor is the shift toward nearshoring. With trade tensions and disruptions in global supply chains, businesses are increasingly turning to North America for their manufacturing needs to mitigate risks and reduce lead times. Proximity to major markets, particularly the U.S., and access to skilled labor are key advantages of the region.

Moreover, trade agreements like the United States-Mexico-Canada Agreement (USMCA) have bolstered regional trade and provided a more stable regulatory environment, encouraging investment in contract manufacturing. As companies in North America look for agility, flexibility, and advanced manufacturing capabilities, the contract manufacturing services market continues to grow, positioning the region as a key player in global manufacturing solutions.

North America Contract Manufacturing Services Market Report Highlights

  • Based on service, the CNC machining segment dominated the market in 2024. The region's emphasis on high-performance materials and the production of customized components is fostering the adoption of CNC machining.
  • Based on end use, the automotive suppliers and accessory makers segment led the market in 2024. As the automotive industry moves toward more sophisticated technologies, including electric vehicles (EVs), autonomous systems, and smart manufacturing, contract manufacturers are increasingly sought after to produce specialized components.
  • Based on country, the U.S. dominated the market in 2024 with the highest market share. The adoption of Industry 4.0 technologies like automation, IoT, and AI is enhancing production capabilities, driving the need for high-quality contract manufacturers.
  • Companies operating in the market include Proto Labs, Xometry, Fictive, Fathom, Fast Radius, Machining USA, LLC., American Micro Industries, Celestica Inc., Benchmark Electronics, Inc., SMTC Corporation, Penton (Informa PLC), Methode Electronics, Inc., Astro Machine Works, COX Manufacturing, METRO STEEL USA, Flextronics International, Ltd, Jabil Inc., Viant, Technimark LLC, and Roberson Machine.
  • In March 2024, Protolabs introduced an advanced software integration across its network, enhancing collaboration and streamlining the contract manufacturing process. The new system provides seamless connectivity between Protolabs' digital platform and customer teams, facilitating real-time communication, faster decision-making, and smoother project management.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

Table of Contents

Chapter 1 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Research Methodology
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 Internal Database
1.4.3 Secondary Sources
1.4.4 Third Party Perspective
1.4.5 Information Analysis
1.5 Information Analysis
1.5.1 Data Analysis Models
1.5.2 Market Formulation & Data Visualization
1.5.3 Data Validation & Publishing
1.6 Research Scope And Assumptions
1.6.1 List of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 End Use Segment Snapshot
2.3 Service Segment Snapshot
2.4 Competitive Landscape Snapshot
Chapter 3 North America Contract Manufacturing Service Market: Variables, Trends & Scope
3.1 Concentration & Growth Prospect Mapping
3.2 Industry Value Chain Analysis
3.2.1 Raw Material Supplier Outlook
3.2.2 Product Design And Engineering Outlook
3.2.3 Manufacturer Outlook
3.2.4 Distributor Outlook
3.2.5 End User Outlook
3.3 Technology Overview
3.3.1 Cnc Machining
3.3.2 Sheet Metal Fabrication
3.3.3 Injection Molding
3.4 Regulatory Framework
3.4.1 Medical Device Contract Manufacturing
3.4.1.1 ISO 13485
3.4.1.2 Medical Device Regulation And In Vitro Diagnostic Regulation
3.4.1.3 IPC Class 3
3.4.2 Aerospace
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.1.1 Rapid Growth in The Automotive Industry
3.5.1.2 Rising Medical Devices Production in North America
3.5.2 Market Restraint Analysis
3.5.2.1 High Investment and Operational Costs
3.5.3 Market Opportunity Analysis
3.5.3.1 Growing Machine Tool Manufacturing Industry
3.5.4 Market Challenge Analysis
3.5.4.1 Contract Manufacturing is a Low-Margin Business
3.6 Industry Analysis Tools
3.6.1 Porter’s Analysis
3.6.2 Macroeconomic Analysis
3.7 Economic Mega Trend Analysis
3.8 List Of Key Company By Regions
3.8.1 North America
3.8.1.1 3D Printing
3.8.1.2 CNC Machining
3.8.1.3 Sheet Metal Fabrication
3.8.1.4 Injection Molding
3.8.2 Europe
3.8.2.1 3D Printing
3.8.2.2 CNC Machining
3.8.2.3 Sheet Metal Fabrication
3.8.2.4 Injection Molding
3.8.3 Asia Pacific
3.8.3.1 3D Printing
3.8.3.2 CNC Machining
3.8.3.3 Sheet Metal Fabrication
3.8.3.4 Injection Molding
3.8.4 Middle East & Africa
3.8.4.1 3D Printing
3.8.4.2 CNC Machining
3.8.4.3 Sheet Metal Fabrication
3.8.4.4 Injection Molding
3.8.5 Central & South America
3.8.5.1 3D Printing
3.8.5.2 CNC Machining
3.8.5.3 Sheet Metal Fabrication
3.8.5.4 Injection Molding
Chapter 4 North America Contract Manufacturing Service Market: Service Estimates & Trend Analysis
4.1 North America Contract Manufacturing Service Market: Service Outlook
4.2 North America Contract Manufacturing Service Market: Service Movement Analysis & Market Share, 2023 & 2030
4.3 North America Contract Manufacturing Service Market Estimates & Forecasts, By Service, 2018 - 2030 (USD Billion)
4.3.1 3D Printing
4.3.2 CNC Machining
4.3.3 Sheet Metal Fabrication
4.3.4 Injection Molding
Chapter 5 North America Contract Manufacturing Service Market: End Use Estimates & Trend Analysis
5.1 North America Contract Manufacturing Service Market: End Use Outlook
5.2 North America Contract Manufacturing Service Market: End Use Movement Analysis & Market Share, 2023 & 2030
5.3 North America Contract Manufacturing Service Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Billion)
5.3.1 Medical Devices
5.3.2 Industrial Machinery
5.3.3 Heavy Equipment (Construction, Mining, Agriculture)
5.3.4 Oil And Gas Equipment
5.3.5 Renewable Energy Equipment
5.3.6 Machine Tools Manufacturing
5.3.7 Rail Transportation Equipment
5.3.8 Marine Equipment And Shipbuilding
5.3.9 Power Generation Equipment
5.3.10 Hvac Systems
5.3.11 Automotive Suppliers And Accessory Makers
Chapter 6 North America Contract Manufacturing Service Market: Region Estimates & Trend Analysis
6.1 North America
6.1.1 U.S.
6.1.1.1 U.S. Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (Usd Billion)
6.1.2 Canada
6.1.2.1 Canada Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (Usd Billion)
6.1.3 Mexico
6.1.3.1 Mexico Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (Usd Billion)
Chapter 7 North America Contract Manufacturing Service Market: Competitive Landscape
7.1 Recent Developments & Impact Analysis, By Key Market Participants
7.2 Company Categorization
7.3 Company Market Share Analysis, 2023
7.4 Company Heat Map Analysis, 2023
7.5 Participant’s Overview
7.6 Service Benchmarking
7.7 Financial Performance
7.8 Company Market Positioning
7.9 Strategy Mapping
7.9.1 Collaborations/Partnerships
7.9.2 Expansion
7.9.3 Product Launches
7.10 Company Profiles
7.10.1. Proto Labs
7.10.1.1. Company Overview
7.10.1.2. Financial Performance
7.10.1.3. End Use Benchmarking
7.10.1.4. Strategic Initiatives
7.10.2. Xometry
7.10.2.1. Company Overview
7.10.2.2. Financial Performance
7.10.2.3. End Use Benchmarking
7.10.2.4. Strategic Initiatives
7.10.3. Fictive
7.10.3.1. Company Overview
7.10.3.2. Financial Performance
7.10.3.3. End Use Benchmarking
7.10.3.4. Strategic Initiatives
7.10.4. Fathom
7.10.4.1. Company Overview
7.10.4.2. Financial Performance
7.10.4.3. End Use Benchmarking
7.10.4.4. Strategic Initiatives
7.10.5. Fast Radius
7.10.5.1. Company Overview
7.10.5.2. Financial Performance
7.10.5.3. End Use Benchmarking
7.10.5.4. Strategic Initiatives
7.10.6. MACHINING USA, LLC
7.10.6.1. Company Overview
7.10.6.2. Financial Performance
7.10.6.3. End Use Benchmarking
7.10.6.4. Strategic Initiatives
7.10.7. American Micro Industries
7.10.7.1. Company Overview
7.10.7.2. Financial Performance
7.10.7.3. End Use Benchmarking
7.10.7.4. Strategic Initiatives
7.10.8. Celestica Inc.
7.10.8.1. Company Overview
7.10.8.2. Financial Performance
7.10.8.3. End Use Benchmarking
7.10.8.4. Strategic Initiatives
7.10.9. Benchmark Electronics, Inc.
7.10.9.1. Company Overview
7.10.9.2. Financial Performance
7.10.9.3. End Use Benchmarking
7.10.9.4. Strategic Initiatives
7.10.10. SMTC Corporation
7.10.10.1. Company Overview
7.10.10.2. Financial Performance
7.10.10.3. End Use Benchmarking
7.10.10.4. Strategic Initiatives
7.10.11. Penton (Informa PLC)
7.10.11.1. Company Overview
7.10.11.2. Financial Performance
7.10.11.3. End Use Benchmarking
7.10.11.4. Strategic Initiatives
7.10.12. Methode Electronics, Inc
7.10.12.1. Company Overview
7.10.12.2. Financial Performance
7.10.12.3. End Use Benchmarking
7.10.12.4. Strategic Initiatives
7.10.13. Astro Machine Works
7.10.13.1. Company Overview
7.10.13.2. Financial Performance
7.10.13.3. End Use Benchmarking
7.10.14.4. Strategic Initiatives
7.10.14. COX Manufacturing
7.10.14.1. Company Overview
7.10.14.2. Financial Performance
7.10.14. End Use Benchmarking
7.10.14.4. Strategic Initiatives
7.10.15. METRO STEEL USA
7.10.15.1. Company Overview
7.10.15.2. Financial Performance
7.10.15.3. End Use Benchmarking
7.10.15.4. Strategic Initiatives
7.10.16. Flextronics International, Ltd
7.10.16.1. Company Overview
7.10.16.2. Financial Performance
7.10.16.3. End Use Benchmarking
7.10.16.4. Strategic Initiatives
7.10.17. Jabil Inc.
7.10.17.1. Company Overview
7.10.17.2. Financial Performance
7.10.17.3. End Use Benchmarking
7.10.17..4. Strategic Initiatives
7.10.18. Viant
7.10.18.1. Company Overview
7.10.18.2. Financial Performance
7.10.18.3. End Use Benchmarking
7.10.18.4. Strategic Initiatives
7.10.19. Technimark LLC
7.10.19.1. Company Overview
7.10.19.2. Financial Performance
7.10.19.3. End Use Benchmarking
7.10.19.4. Strategic Initiatives
7.10.20. Robersob Machine
7.10.20.1. Company Overview
7.10.20.2. Financial Performance
7.10.20.3. End Use Benchmarking
7.10.20.4. Strategic Initiatives
List of Tables
Table 1 Costs Associated With The Injection Molding Of A Hypothetical Plastic Item
Table 2 North America Contract Manufacturing Service Market Estimates and Forecasts, By Service, 2018 - 2030 (USD Billion)
Table 3 North America Contract Manufacturing Service Market Estimates and Forecasts, By End Use, 2018 - 2030 (USD Billion)
Table 4 U.S. Macroeconomic Outlook
Table 5 Canada Macroeconomic Outlook
Table 6 Mexico Macroeconomic Outlook
Table 7 Recent Developments & Impact Analysis, By Key Market Participants
Table 8 Company Heat Map Analysis, 2023
Table 9 Key Companies: Collaborations/Partnerships
Table 10 Key Companies: Expansion
Table 11 Key Companies: Product Launches
List of Figures
Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 End Use Segment Snapshot
Fig. 8 Service Segment Snapshot
Fig. 9 Competitive Landscape Snapshot
Fig. 10 Concentration And Growth Prospect Mapping
Fig. 11 North America Contract Manufacturing Service Market - Value Chain Analysis
Fig. 12 North America Contract Manufacturing Service Market: Market Dynamics
Fig. 13 North America Automotive Production, 2020 - 2023 (Billion Units)
Fig. 14 State Policies Promoting Hybrid and Electric Vehicles Across Various States In The U.S.
Fig. 15 U.S. Sales, Value Of Shipments Or Revenue For Medical Sector Devices Subsector, 2022 (USD Billion)
Fig. 16 North America Machine Tool Market, 2018 - 2023 (USD Billion)
Fig. 17 North America Contract Manufacturing Service Market: PORTER’s Analysis
Fig. 18 North America Contract Manufacturing Service Market: PESTEL Analysis
Fig. 19 Real GDP Growth In U.S., Canada And Mexico, 2018 - 2029 (Annual Percent Change)
Fig. 20 North America Contract Manufacturing Service Market, By Service: Key Takeaways
Fig. 21 North America Contract Manufacturing Service Market: Service Movement Analysis & Market Share, 2023 & 2030
Fig. 22 North America Contract Manufacturing Service Market Estimates & Forecasts, By 3D Printing, 2018 - 2030 (USD Billion)
Fig. 23 North America Contract Manufacturing Service Market Estimates & Forecasts, By CNC Machining, 2018 - 2030 (USD Billion)
Fig. 24 North America Contract Manufacturing Service Market Estimates & Forecasts, By Sheet Metal Fabrication, 2018 - 2030 (USD Billion)
Fig. 25 North America Contract Manufacturing Service Market Estimates & Forecasts, By Injection Molding, 2018 - 2030 (USD Billion)
Fig. 26 North America Contract Manufacturing Service Market, By End Use: Key Takeaways
Fig. 27 North America Contract Manufacturing Service Market: End Use Movement Analysis & Market Share, 2023 & 2030
Fig. 28 North America Contract Manufacturing Service Market Estimates & Forecasts, In Medical Devices, 2018 - 2030 (USD Billion)
Fig. 29 North America Contract Manufacturing Service Market Estimates & Forecasts, In Industrial Machinery, 2018 - 2030 (USD Billion)
Fig. 30 North America Contract Manufacturing Service Market Estimates & Forecasts, In Heavy Equipment, 2018 - 2030 (USD Billion)
Fig. 31 North America Contract Manufacturing Service Market Estimates & Forecasts, In Oil And Gas Equipment, 2018 - 2030 (USD Billion)
Fig. 32 North America Contract Manufacturing Service Market Estimates & Forecasts, In Renewable Energy Equipment, 2018 - 2030 (USD Billion)
Fig. 33 North America Contract Manufacturing Service Market Estimates & Forecasts, In Machine Tools Manufacturing, 2018 - 2030 (USD Billion)
Fig. 34 North America Contract Manufacturing Service Market Estimates & Forecasts, In Rail Transportation Equipment, 2018 - 2030 (USD Billion)
Fig. 35 North America Contract Manufacturing Service Market Estimates & Forecasts, In Marine Equipment and Shipbuilding, 2018 - 2030 (USD Billion)
Fig. 36 North America Contract Manufacturing Service Market Estimates & Forecasts, In Power Generation Equipment, 2018 - 2030 (USD Billion)
Fig. 37 North America Contract Manufacturing Service Market Estimates & Forecasts, In HVAC Systems, 2018 - 2030 (USD Billion)
Fig. 38 North America Contract Manufacturing Service Market Estimates & Forecasts, In Automotive Suppliers and Accessory Makers, 2018 - 2030 (USD Billion)
Fig. 39 North America Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 40 Private Fixed Investments In Non-Residential Structures (Manufacturing Sector), 2018 - 2023 (USD Billion)
Fig. 41 U.S. Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 42 Gross Manufacturing Output Of U.S., 2018 - 2030 (USD Billion)
Fig. 43 Canada Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 44 Canada’s Manufacturing Sector’s Sales, 2021 - 2023 (USD Billion)
Fig. 45 Mexico Contract Manufacturing Service Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 46 Company Categorization
Fig. 47 Company Market Positioning

Companies Mentioned

  • Proto Labs
  • Xometry
  • Fictive
  • Fathom
  • Fast Radius
  • Machining USA, LLC.
  • American Micro Industries
  • Celestica Inc.
  • Benchmark Electronics, Inc.
  • SMTC Corporation
  • Penton (Informa PLC)
  • Methode Electronics, Inc.
  • Astro Machine Works
  • COX Manufacturing.
  • METRO STEEL USA
  • Flextronics International, Ltd
  • Jabil Inc.
  • Viant
  • Technimark LLC
  • Roberson Machine

Methodology

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Table Information