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
81 98 Keenfinity EMS Munich Germany Europe www.keenfinity-group.com/ems
82 77 BMK GmbH Augsburg Germany Europe www.bmk-group.de
83 84 Wong’s International Holdings Limited Hong Kong Hong Kong Asia www.wih.com.hk
84 73 TQ-Systems GmbH Seefeld Germany Europe www.tq-group.com
85 78 LACROIX Electronics S.A.S. Saint-Herblain France Europe www.lacroix-electronics.com
86 82 Elemaster S.p.A. Lomagna Italy Europe www.elemaster.com
87 80 SigmaTron International, Inc. Elk Grove, IL USA America www.sigmatronintl.com/
88 85 East West Manufacturing, LLC Atlanta, GA USA America https://ewmfg.com/
89 86 Suzhou Etron Technologies Co., Ltd. Suzhou, Jiangsu Province China Asia www.etron.cn
90 89 VIRTEX Enterprises LP Austin, TX USA America https://www.virtex.us/

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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