The EMS & ODM Global Top 100

The following ranking presents the current top list of the world’s leading EMS and ODM companies, as determined by in4ma in collaboration with EMSNOW.

Rank 2025 Rank 2024 Name Headquarter Country Region Website
71 69 Escatec Sdn. Bhd Penang Malaysia Asia https://www.escatec.com/
72 71 Spartonics (EMS Holdco, Inc.) Fairport, NY USA America www.spartronics.com/
73 88 VVDN Technologies Pvt. Ltd. Gurugram, Haryana India Asia www.vvdntech.com/en-us/
74 64 Key Tronic Corporation (Brand: KeyTronicEMS) Spokane Valley, WA USA America www.keytronic.com/
75 79 SFO Technologies Pvt. Ltd. Kochi (Cochin) India Asia https://sfotechnologies.net/
76 76 NOTE AB Stockholm Sweden Europe https://www.note-ems.com/
77 81 Connect Group NV Kampenhout Belgium Europe www.connectgroup.com
78 87 Kaynes Technology India Limited Mysore, Karnataka India Asia www.kaynestechnology.co.in
79 83 Variosystems AG Goldach Switzerland Europe www.variosystems.com
80 74 Diehl AKO Stiftung & Co. KG Nuremburg Germany Europe new.diehl.com

Explanation:

Over 120 companies were considered in compiling our list of 100 companies, including 71 publicly traded and 49 private companies. For publicly traded companies, the figures are based on published data. Thirteen companies (as of March 5, 2026) have not yet released their final results for 2025; in these cases, the most recent annual forecasts communicated by management were used. These companies account for 12.3% of total revenue in 2025. Even with a 20% deviation, this would only affect the total value by approximately ±2.5%.

Of the 49 unlisted companies, no current data was available for 20 companies, so estimates were made based on older figures. As these are predominantly smaller companies, they account for only 1.3% of total revenue. Even with a possible deviation of 50%, this would only lead to an additional uncertainty of approximately ±0.65%.
Overall, this results in an estimated total tolerance of ±3.1% for the valuation.

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