Global Printed Circuit Board Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Printed Circuit Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global printed circuit board market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global printed circuit board market size reached US$ 67.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 87.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
A printed circuit board (PCB) is a flat panel that serves as the foundation for mounting and connecting electronic components. It is made of insulating layers, including fiberglass, with conductive pathways etched or printed onto its surface. It has a complex design, which requires specialized software for layout and circuitry planning. It can be produced through various methods, such as etching, laser cutting, or laminating. It is used in various electronic devices, including computers, smartphones, and home appliances.
Global Printed Circuit Board Market Trends and Drivers:
The increasing usage of PCBs in medical devices like magnetic resonance imaging (MRI) machines, pacemakers, and ultrasonic equipment represents one of the primary factors bolstering the market growth around the world. Moreover, PCBs are employed in the automotive industry to manufacture components of engine control units, airbag deployment, and global positioning system (GPS) navigation. Along with this, the rising sales of electric, autonomous, and luxury vehicles are favoring the growth of the market. In addition, the growing adoption of PCBs in the telecommunication sector for network equipment, such as routers, switches, and antennas, is influencing the market positively. Apart from this, the increasing employment of PCBs in control systems for machinery in industries like manufacturing, packaging, and food processing is fueling the market growth.
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Global Printed Circuit Board Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Advanced Circuits Inc., AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Becker & Müller Circuit Printing GmbH, Jabil Inc., Murrietta Circuits, Nippon Mektron Ltd. (NOK Corporation), Sumitomo Corporation, TTM Technologies Inc., Unimicron Technology Corporation (United Microelectronics Corporation), Würth Elektronik GmbH & Co. KG (Würth Group) and Zhen Ding Technology Holding Limited
The report segmented the market on the basis of region, type, substrate and end use industry.
Breakup by Type:
- Single-Sided
- Double-Sided
- Multi-Layer
- HDI
Breakup by Substrate:
- Rigid
- Flexible
- Rigid-Flex
Breakup by End Use Industry:
- Industrial Electronics
- Healthcare
- Aerospace and Defense
- Automotive
- IT and Telecom
- Consumer Electronics
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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