The PCB Assembly (PCBA) market is projected to experience significant growth in 2024, driven by increased demand from industries like automotive, healthcare, and consumer electronics. The global market is expected to reach $153 billion by 2027, fueled by the rise of 5G, IoT devices, and automation trends. Ongoing innovations in manufacturing technologies and sustainable practices are also shaping the industry’s future economic outlook​

TT Electronics

• Location: Headquarters – Fourth Floor, St. Andrews House, West Street, Woking, Surrey, GU21 6EB, United Kingdom
• Company type: Electronics Manufacturing Services (EMS), focusing on industries such as aerospace, defense, medical, industrial, and transportation.
• Year founded: 1983
• Number of employees: Approximately 5,000
• Main product: PCB Assembly and electronic components for high-reliability applications.
• Other products: Sensors, power management solutions, resistors, optoelectronics, and connectors.
• Company’s official website: www.ttelectronics.com

Profile: TT Electronics is a global electronics company that specializes in manufacturing solutions for critical applications in the aerospace, defense, medical, and industrial markets. The company is known for its expertise in developing cutting-edge technologies, offering solutions such as sensors, power management, and electronics manufacturing. With operations across Europe, North America, and Asia, TT Electronics focuses on sustainable growth and innovation, consistently delivering high-reliability products and services to meet the stringent demands of its global customers.

Products and Business: TT Electronics is a global electronics company that specializes in manufacturing solutions for critical applications in the aerospace, defense, medical, and industrial markets. The company is known for its expertise in developing cutting-edge technologies, offering solutions such as sensors, power management, and electronics manufacturing. With operations across Europe, North America, and Asia, TT Electronics focuses on sustainable growth and innovation, consistently delivering high-reliability products and services to meet the stringent demands of its global customers.

South-Electronic

• Location: Shenzhen, China
• Company type: Electronics Manufacturing Services (EMS), focusing on industries such as consumer electronics, automotive, medical devices, and industrial electronics.
• Year founded: 2010
• Number of employees: Approximately 500
• Main product: PCB Assembly, including PCB prototyping, manufacturing, and components sourcing.
• Other products: SMT assembly, through-hole assembly, electronic component sourcing, and PCB design services.
• Company’s official website: www.southelectronicpcb.com

Profile: South-Electronic is a professional PCB manufacturing and assembly company based in Shenzhen, China, offering one-stop PCB solutions. The company provides a wide range of services from PCB prototyping to high-volume PCB manufacturing, assembly, and component sourcing. South-Electronic focuses on delivering high-quality PCBs with fast lead times and has established strong relationships with customers in Europe and North America. Their goal is to provide cost-effective, reliable solutions for diverse applications, including automotive, industrial, and medical sectors.

Products and Business: South-Electronic specializes in PCB assembly and manufacturing, providing services like SMT and through-hole assembly, PCB design, and component sourcing. Their expertise covers a broad range of industries, ensuring high-quality production and efficient lead times to meet customer demands.

Flex Ltd.

• Location: Headquarters – 2 Changi South Lane, Singapore 486123
• Company type: Electronics Manufacturing Services (EMS), focusing on industries such as automotive, healthcare, industrial, consumer electronics, and energy.
• Year founded: 1969
• Number of employees: Approximately 172,000
• Main product: PCB Assembly and full-scale electronics manufacturing services.
• Other products: Design and engineering services, supply chain management, prototyping, precision plastics, cloud-based services, and IoT solutions.
• Company’s official website: www.flex.com

Profile: Flex is a global leader in electronics manufacturing services (EMS), providing design, engineering, and supply chain solutions to a range of industries including automotive, healthcare, energy, and consumer electronics. With over 100 sites in 30 countries, Flex is known for its innovative approach to manufacturing, with a focus on sustainability and digitization. The company has grown significantly through acquisitions and has established strong partnerships with major global brands. Flex continues to push the boundaries in areas such as connected devices, smart manufacturing, and energy-efficient solutions.

Products and Business: Flex offers a full suite of manufacturing services, including printed circuit board (PCB) assembly, system integration, and supply chain optimization. It specializes in manufacturing electronics for high-reliability industries such as automotive and healthcare, while also targeting emerging growth areas such as the Internet of Things (IoT) and energy solutions.

Hon Hai Precision Industry

• Location: Headquarters – Tucheng District, New Taipei, Taiwan
• Company type: Electronics Manufacturing Services (EMS), serving industries such as consumer electronics, automotive, telecommunications, healthcare, and industrial automation.
• Year founded: 1974
• Number of employees: Approximately 1 million
• Main product: Electronics manufacturing and assembly, including PCB Assembly for consumer electronics.
• Other products: Smart home devices, telecommunications equipment, automotive systems, semiconductors, robotics, and artificial intelligence solutions.
• Company’s official website: www.honhai.com

Profile: Foxconn is one of the biggest and most important contract manufacturers in the world. They put together consumer electronics for major global brands like Apple, Sony, and Microsoft. They have hundreds of factories all over Asia, Europe, and the Americas. They do a lot of work in telecommunications, computing, and smart electronics, and they’re always getting into new things like automotive systems and healthcare. They’re big and they’re good at making things, so they can make high-quality products for a good price, and that’s why they’re so successful.

Products and Business: Foxconn makes a lot of electronics. They make printed circuit boards (PCBs) for big consumer electronics brands. They do a lot of different things, like product design, supply chain management, and system integration, for a lot of different industries, like consumer electronics and automotive.

Scanfil PLC

• Location: Headquarters – Sievi, Finland
• Company type: Electronics Manufacturing Services (EMS), focusing on industries such as telecommunications, industrial automation, energy, and healthcare.
• Year founded: 1976
• Number of employees: Approximately 3,200
• Main product: PCB Assembly and contract manufacturing services.
• Other products: Design and engineering services, system integration, prototyping, supply chain management, and testing services.
• Company’s official website: www.scanfil.com

Profile: Scanfil is a world leader in contract manufacturing and system integration. With factories in Europe, North America, and Asia, Scanfil serves a wide range of industries, including telecommunications, energy, healthcare, and industrial automation. The company is known for its flexibility, customer-focused solutions, and sustainable operations. It has grown rapidly through strategic acquisitions and partnerships, expanding its global reach. Scanfil is dedicated to high-quality manufacturing and provides a full range of services from design to full product lifecycle management.

Products and Business: Scanfil specializes in PCB assembly, system integration, and prototyping for a variety of industries. They offer end-to-end manufacturing solutions, combining advanced engineering with supply chain optimization to support high-volume, high-complexity product development.

Zollner Elektronik AG

• Location: Headquarters – Zandt, Bavaria, Germany
• Company type: Electronics Manufacturing Services (EMS), specializing in industries such as automotive, industrial, medical, aerospace, and defense.
• Year founded: 1965
• Number of employees: Approximately 12,000
• Main product: PCB Assembly, including high-reliability printed circuit boards for the automotive and medical sectors.
• Other products: Mechatronic systems, electronic modules, cable harnesses, system integration, and precision mechanics.
• Company’s official website: www.zollner.de

Profile: Zollner Elektronik AG is one of the largest family-owned EMS providers in the world, known for its deep expertise in complex electronics manufacturing. With facilities spread across Europe, Asia, and North America, Zollner serves a broad range of industries, including automotive, aerospace, medical, and industrial technology. The company has achieved steady growth over the years through innovation and a strong commitment to quality. Zollner is recognized for its focus on precision manufacturing, as well as its dedication to providing tailored solutions to its global clientele.

Products and Business: Zollner Elektronik specializes in PCB assembly, complex electronics manufacturing, and full-system integration for sectors like automotive, aerospace, and medical devices. The company also offers value-added services such as precision mechanics, cable harnesses, and mechatronic system solutions.

Benchmark Electronics, Inc.

• Location: Headquarters – 56 South Rockford Drive, Tempe, Arizona, USA
• Company type: Electronics Manufacturing Services (EMS), serving industries such as aerospace, defense, medical devices, industrial controls, and telecommunications.
• Year founded: 1979
• Number of employees: Approximately 11,000
• Main product: PCB Assembly and electronic systems integration.
• Other products: Design and engineering services, precision machining, testing services, product lifecycle management, and supply chain management.
• Company’s official website: www.bench.com

Profile: Benchmark Electronics is a big player in the electronics manufacturing services (EMS) industry, specializing in design, engineering, and precision manufacturing. The company has operations in the U.S., Mexico, Europe, and Asia, and it focuses on high-complexity electronic systems for industries that require reliability and innovation, such as aerospace, medical, and defense. Benchmark is all about cutting-edge solutions, using its technological capabilities to serve its global customers. It continues to grow through acquisitions and strategic partnerships, further solidifying its position in the EMS industry.

Products and Business: Benchmark Electronics offers full printed circuit board (PCB) assembly, from prototype to mass production, with a focus on high-reliability industries. They also provide systems integration, product testing, and supply chain optimization, serving sectors like aerospace, defense, and medical devices.

Jabil Inc.

• Location: Headquarters – 10560 Dr. Martin Luther King Jr. Street North, St. Petersburg, Florida, USA
• Company type: Electronics Manufacturing Services (EMS), focusing on industries such as automotive, healthcare, consumer electronics, defense, aerospace, and industrial.
• Year founded: 1966
• Number of employees: Approximately 250,000
• Main product: PCB Assembly and Electronics Manufacturing Services.
• Other products: Design and engineering services, precision machining, packaging solutions, supply chain management, additive manufacturing, and product lifecycle management.
• Company’s official website: www.jabil.com

Profile: Jabil is one of the largest global providers of electronics manufacturing services and solutions. It offers comprehensive design, manufacturing, and supply chain services to various industries including healthcare, automotive, defense, and aerospace. With over 100 facilities in 30 countries, Jabil excels in providing innovative, sustainable solutions. It has a strong emphasis on digital manufacturing and advanced technologies like additive manufacturing and IoT integration. Jabil continues to push boundaries in both technological innovation and customer-centric solutions.

Products and Business: Jabil provides a full range of PCB assembly services, from prototyping to mass production. The company is well-known for handling complex projects, supporting everything from design to final product delivery. Their expertise extends across sectors such as automotive electronics, medical devices, and consumer products.

Sanmina Corporation

• Location: Headquarters – 2700 North First Street, San Jose, California, USA
• Company type: Electronics Manufacturing Services (EMS), specializing in industries such as aerospace, defense, medical devices, industrial, and automotive.
• Year founded: 1980
• Number of employees: Approximately 36,000
• Main product: PCB Assembly, including high-reliability printed circuit boards for aerospace, defense, and medical industries.
• Other products: Optical, RF systems, cables and harnesses, enclosures, precision machining, and complex systems integration.
• Company’s official website: www.sanmina.com

Profile: Sanmina is a leading global provider of integrated manufacturing solutions, focusing on PCB assembly, complex electromechanical assembly, and advanced manufacturing. The company serves high-reliability markets such as aerospace, medical, and defense. Sanmina is known for its high standards of quality, rigorous testing procedures, and the ability to deliver complex, customized products. It has a worldwide presence with operations in North America, Europe, and Asia-Pacific, consistently achieving solid financial performance.

Products and Business: Sanmina offers end-to-end solutions for PCB assembly and manufacturing services. Their services range from design and prototype to volume production, catering primarily to high-reliability industries like aerospace, automotive, and healthcare. They ensure strict quality and compliance standards.

SFO Technologies Pvt Ltd

• Location: Headquarters – Plot No. 2, CSEZ, Kakkanad, Cochin, Kerala, India
• Company type: Electronics Manufacturing Services (EMS) and Integrated Engineering Services, specializing in industries such as aerospace, healthcare, industrial, automotive, and defense.
• Year founded: 1990
• Number of employees: Approximately 10,000
• Main product: PCB Assembly, including design, manufacturing, and system integration services.
• Other products: Medical devices, automation solutions, telecommunication equipment, and industrial systems.
• Company’s official website: www.nestgroup.net

Profile: SFO Technologies, part of the NeST Group, is a leading provider of electronics manufacturing and integrated engineering solutions. With over three decades of experience, the company has established itself as a reliable partner for industries such as aerospace, healthcare, automotive, and industrial automation. SFO Technologies is recognized for its high-quality standards, advanced technological capabilities, and innovative solutions, contributing to its strong global presence. The company focuses on delivering customized solutions with a commitment to sustainability and precision engineering.

Products and Business: SFO Technologies specializes in PCB assembly, offering comprehensive electronics manufacturing services, including design, system integration, and testing. The company also provides high-end solutions for medical devices, automation, and telecommunications, ensuring reliable and innovative products for various high-demand industries.

If you’re still searching for a reliable and high-quality PCB Assembly partner, consider South-Electronic for comprehensive, tailored solutions that meet your specific needs. Let us help bring your projects to life efficiently and cost-effectively.