2010 Ushers in a New Decade in EMS
What a decade the “00’s” have been: boom and bust followed by a mild boom and a giant bust! The decade was ushered in by a “tech wreck” led recession and ushered out by the greatest global recession in a generation. But through it all consumers kept consuming gadgets, businesses kept investing in IT, capital equipment and communications technology, and the EMS engine continued to crank out the products the world uses.
Despite two different periods of significant revenue contraction, the global EMS industry closed the decade having posted impressive growth since the turn of the millennium. Even with the mild contraction of 2008 and the train wreck of 2009, the global EMS industry grew by approximately 125% in the decade (according to Riverwood Solutions’ Global EMS Index.)
