Aerospace and Defense
Automotive and Transportation
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Chemicals and Materials
Consumer Goods
Energy and Power
Food and Beverages
Healthcare IT
Information & Communications
Manufacturing and Construction
Pharmaceuticals
Electronics and Semiconductor
Medical Devices
Market Overview
The Printed Circuit Board market was valued at 81.8 billion US$ in 2022 and is projected to reach 123.7 billion US$ by 2030, at a CAGR of 5.3% during the forecast period. A printed circuit board (PCB) is a thin board made of a non-conductive material, such as fiberglass, plastic, or ceramic, that is used to mechanically support and electrically connect electronic components. PCBs are used in a wide range of electronic devices, including computers, phones, and appliances, and are an essential part of modern electronics.
Global Printed Circuit Board market is estimated to reach $XX Million by 2030; growing at a CAGR of XX% from 2023 to 2030.
Market Determinants
The rising requirement for miniature PCBs in the healthcare sector and growing demand for PCBs in crucial end-user industries are the key driving factors that would influence a significant rise in product demand and propel market growth prospects during the forecast period. However, low penetration of technology in least developed economies and a shortage of skilled workers in the PCB industry, which can limit production and increase costs, might hamper the market growth. The rapid escalation in adoption and integration of industrial automation would play a vital role in offering immense opportunities for rigid PCBs and would provide lucrative opportunities for the market in coming years.
Market Segmentation
The global Printed Circuit Board market is mainly classified based on Product Type, Substrate Type, and Application.
Product Type is further segmented into Single Sided, Double Sided, Multi-Layer, and HDI.
By Substrate Type the market is divided into Rigid, Flexible, and Rigid-flex.
Regional Analysis/ Regional Segementation
Based on geography, the global Printed Circuit Board market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
Competitive Players/ Competitive landscape/ Key Players/Market Leaders
Key players operating in the Printed Circuit Board industry include Advanced Circuits, Amitron, AT&S, Benchmark Electronics, Compeq Manufacturing, Daeduck, Ibiden, Jabil Inc., Millennium Circuits Limited, Nan Ya Printed Circuit Board, NOK Corporation, SEMCO, Tripod Technology, TTM Technologies, Inc., Unimicron Technology, Young Poong Electronics, and Zhen Ding Technology.
Printed Circuit Board Market Key Segments:
By Product Type
- Single Sided
- Double Sided
- Multi-Layer
- HDI
By Substrate Type
- Rigid
- Flexible
- Rigid-flex
By Application
- Industrial electronics
- Aerospace & defense
- IT & telecom
- Automotive
- Consumer Electronics
Key Global Printed Circuit Board Industry Players
- Advanced Circuits
- Amitron
- AT&S
- Benchmark Electronics
- Compeq Manufacturing
- Daeduck
- Ibiden
- Jabil Inc.
- Millennium Circuits Limited
- Nan Ya Printed Circuit Board
- NOK Corporation
- SEMCO
- Tripod Technology
- TTM Technologies, Inc.
- Unimicron Technology
- Young Poong Electronics
- Zhen Ding Technology
What Report Provides
- Full in-depth analysis of the parent Industry
- Important changes in market and its dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional growth potential
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