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 share, size, trends, 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, rigid board that forms the base for attaching and interconnecting electronic components. Comprising insulating materials like fiberglass, it features conductive pathways that are either etched or printed onto its surface. The intricate design of a PCB necessitates the use of specialized software for designing its layout and circuitry. PCBs can be manufactured through different techniques like etching, laser cutting, or lamination. They find application in a wide range of electronic devices, including computers, smartphones, and household appliances.
Global Printed Circuit Board Market Trends and Drivers:
The global market is experiencing significant growth due to the increased utilization of printed circuit boards (PCBs) in various sectors. Medical devices such as magnetic resonance imaging (MRI) machines, pacemakers, and ultrasonic equipment are witnessing a surge in PCB usage, driving market expansion. Additionally, the automotive industry relies on PCBs to manufacture components for engine control units, airbag deployment systems, and global positioning system (GPS) navigation, with the growing sales of electric, autonomous, and luxury vehicles further contributing to market growth. Furthermore, the telecommunication sector is embracing PCBs for network equipment like routers, switches, and antennas, positively impacting the market. Moreover, the industrial sector, including manufacturing, packaging, and food processing, is increasingly adopting PCBs in control systems for machinery, leading to further market growth.
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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