On May 28, 2026, the Global Electronics Association announced its acquisition of New Venture Research’s (NVR) Electronics Manufacturing Services (EMS) market intelligence program, although the financial details of the transaction remain undisclosed. This strategic move aims to enhance the Association's Industry Intelligence platform, aligning with its increased focus on advocacy and market insight within a global electronics industry valued at over $6 trillion.
The acquisition of the NVR program is significant, as it has been a cornerstone resource for the EMS sector for over three decades. NVR, led by industry veteran Randall Sherman, has provided comprehensive insights and data that have informed decision-making across the electronics value chain. The program's extensive historical data and analysis will now be integrated into the Global Electronics Association’s offerings, ensuring continuity and expanding the scope of market intelligence available to its members. John Mitchell, President and CEO of the Association, emphasized the importance of this integration, stating that it will enhance the organization’s ability to deliver consistent, global insights into the electronics manufacturing ecosystem.
The global EMS market is currently experiencing a resurgence, having grown by 3.2% in 2024, following a period of decline. Projections indicate that the market will continue to expand at a compound annual growth rate (CAGR) of 4.6% in the coming years, driven by trends such as increased demand for artificial intelligence infrastructure and a rebound in computing markets. The broader electronics assembly market reached approximately $1.63 trillion in 2024, with original equipment manufacturers (OEMs) continuing to dominate production. The insights provided by the NVR program will be crucial for stakeholders navigating these evolving market dynamics.
As part of the acquisition, the Global Electronics Association has released the Global EMS Industry Report 2025, which highlights the ongoing recovery and key trends within the sector. The Association plans to maintain the Manufacturing Market Insider (MMI), a long-standing newsletter that has provided valuable coverage of EMS industry developments. This continuity will allow the Association to further integrate MMI with its broader industry intelligence initiatives, ultimately enhancing the data-driven insights available to its members.
The acquisition of NVR’s EMS market intelligence program underscores the Global Electronics Association's commitment to strengthening its advocacy and market insight capabilities. As the electronics industry continues to evolve amid technological advancements and supply chain complexities, the integration of this extensive resource will enable the Association to better support its members and contribute to a more resilient industry landscape. The ongoing growth of the EMS market and the strategic positioning of the Global Electronics Association suggest a robust outlook for industry stakeholders in the coming years.
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