The Printed Circuit Board Market was worth USD 69.70 Billion in 2023. As such, the forecast is that the market is expected to reach USD 117.26 Billion by 2032 with a CAGR of 5.95% from 2024 to 2032.
A printed circuit board, or PCB, is a flat board that uses conductive tracks, paths, or signal traces etched from copper sheets laminated onto a non-conductive substrate to electrically connect and physically support electronic components. Almost all electrical devices require PCBs because they give parts like resistors, transistors, and capacitors a place to communicate and function effectively.
The growing need for consumer electronics, automotive electronics, and industrial automation is driving the expansion of the global PCB industry. PCBs are essential parts of many industries, including aerospace, defense, healthcare, and telecommunications, where the demand for effective electronic connections is driven by technological breakthroughs.
Market trends are being shaped by technological advancements including flexible PCBs, high-density interconnect (HDI), and miniaturization. The need for sophisticated PCBs with more features is being driven by the trend toward smaller, lighter, and more effective electronic gadgets.
The market environment is being shaped by environmental rules pertaining to e-waste and the sustainable disposal of PCBs. In order to comply with regulations and satisfy consumer requests for greener products, businesses are implementing eco-friendly materials and methods as more industries place a greater emphasis on sustainability.
Top Key Players involved are:
"Nippon Mektron (Japan), Zhen Ding Technology Holding Limited (Taiwan), TTM Technologies (USA), Unimicron Technology Corporation (Taiwan), Samsung Electro-Mechanics (South Korea), Ibiden Co., Ltd. (Japan), Young Poong Electronics Co., Ltd. (South Korea), Tripod Technology Corporation (Taiwan), AT&S Austria Technologie & Systemtechnik AG (Austria), Shenzhen Kinwong Electronic Co., Ltd. (China), Shennan Circuits Co., Ltd. (China), Daeduck Electronics Co., Ltd. (South Korea), Meiko Electronics Co., Ltd. (Japan), HannStar Board Corporation (Taiwan), Compeq Manufacturing Co., Ltd. (Taiwan), Wus Printed Circuit Co., Ltd. (China), Ellington Electronics Technology Co., Ltd. (China), Multek (USA), NCAB Group (Sweden), Fineline Global (Germany), Chin-Poon Industrial Co., Ltd. (Taiwan), Jabil Inc. (USA), Flex Ltd. (Singapore), Sanmina Corporation (USA), Foxconn Interconnect Technology (Taiwan). And Other Active Players."
Get Sample PDF of Printed Circuit Board Market with Complete TOC, Tables & Figures @
https://akvisintelligence.com/request-sample/printed-circuit-board-market-490
Key Offerings:
- Market Size, Share, Size & Forecast by Different Segments | 2024−2032
- Printed Circuit Board Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Trend Analysis
- Pestle Analysis
- Porter’s Five Forces Analysis
- Industry Value Chain Analysis
- Ecosystem
- Regulatory Landscape
- Price Trend Analysis
- Patent Analysis
- Technology Evolution
- Investment Pockets
- Printed Circuit Board Market Segmentation
- Competitive Landscape – Profiles of selected key players in a strategic perspective
- Competitive landscape – Competitive Benchmarking, Printed Circuit Board Market Share by Manufacturer (2023), Industry BCG Matrix, Heat Map Analysis, Mergers & Acquisitions
- Analyst Viewpoint and Conclusion
Printed Circuit Board Market Trend Analysis
Rising Demand for Consumer Electronics:
The increasing popularity of smartphones, tablets, wearables, and smart home devices is driving PCB demand. Miniaturized and flexible PCBs are crucial for compact and sophisticated electronics. Growth in IoT and connected devices requires PCBs capable of supporting high-performance connectivity.
Expanding Automotive Electronics Sector:
The rise of advanced automotive systems like ECUs, ADAS, and EVs is creating strong demand for reliable and durable PCBs. Electric vehicles need various electronic components, emphasizing the need for high-quality PCB manufacturing. Automotive safety regulations are pushing the integration of PCBs in critical safety systems like anti-lock brakes and collision detection.
Segmentation of Printed Circuit Board Market:
By Product Type
- Rigid Board
- Single Layer Board,
- Double Layer Board
- Others
- HDI Board
- Flexible Board
- Others
By Application
- Automotive
- Consumer Electronics
- Telecommunication
- Healthcare
- Energy & Power
- Others
By Regions: -
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Development:
- In February 2024, TTM Technologies Inc., a leading printed circuit board manufacturer, introduced a new series of radio frequency and specialty component business units for the 5G Transceiver and power amplifier.
- In January 2024, Green Circuits, a leading PCB manufacturer, showcased its most advanced PCB solution for the healthcare domain. These PCBs control and play a crucial role in controlling and enhancing mobility and improving lifestyle
Key questions answered in the Printed Circuit Board Market report are:
- Which market segment dominated the global market in 2024?
- What are the current global trends in the market?
- What future industry applications and trends are emerging in the market?
- What growth strategies are companies adopting to expand their presence in the market?
- Who are the leading companies in the market, and what are their product portfolios?
- What are the primary challenges that the market may face in the future?
- Which region had the largest share of the market in 2024?
- How is the regulatory environment influencing the market?
About Us
At AkViS Intelligence LLP, we are continuously learning and growing.
It was just a quick catch-up meeting between friends that gave rise to an idea, which moved towards methodical execution. Since then, we have been working as a team and aiming for the top. We have worked with more than 300 clients. Our goal is to provide our clients with crisp and actionable insights that help them grow their businesses.
With our ability to continuously learn and evolve according to the market needs, today we are a team of 250+ members globally. Our team holds immense expertise in AI/ML-led data-centric insights and contextual analytics services.
Contact Us:
AkViS Intelligence LLP
Address: Office No 402, Saudamini Commercial Complex, Kothrud, Pune 411038
Contact No: +91-81800-96367
Email: sales@akvisintelligence.com
English
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Portuguese (Brazil)
Greek
Siswati