NEW
YORK, May 16, 2024 /PRNewswire/ -- The
global printed circuit board (pcb) market size is
estimated to grow by USD 29.06 bn
from 2024-2028, according to Technavio. The market is estimated to
grow at a CAGR of over 6.6% during the forecast
period.
For more insights on the forecast market size and
historic data (2018 - 2022) - Download
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Communication
network infrastructure, IT and peripherals, Automotive, Consumer
electronics, and Others), Type (Multi-layer, HDI, Single sided, and
Double sided), and Geography (APAC, North America, Europe, Middle
East and Africa, and South America)
|
Region
Covered
|
APAC, North America,
Europe, Middle East and Africa, and South America
|
Key companies
profiled
|
APCT, China Circuit
Technology Shantou Corp., Compeq Manufacturing Co. Ltd., DAEDUCK
ELECTRONICS Co. Ltd., Dynamic Electronics Co. Ltd., Ibiden Co.
Ltd., Jabil Inc., KOREA CIRCUIT CO. LTD, Murrietta Circuits, NOK
CORP., RAYMING TECHNOLOGY, Shenzhen Kinwong Electronic Co. Ltd.,
Shenzhen SenYan Circuit Co. Ltd., Shenzhen Zhongxinhua Electronics
Co. Ltd., Sumitomo Electric Industries Ltd., TTM Technologies Inc.,
Victory Giant Technology, Vishal International, Wonderful PCB, and
Zhen Ding Technology Holding Ltd.
|
Key Market Trends Fueling Growth
Printed Circuit Boards (PCBs) are essential components in
various industries, driving automation and efficiency. They ensure
optimum power consumption in high-density applications,
contributing to reduced operation costs and improved product
quality. PCBs exhibit desirable properties such as dielectric
strength, dimensional stability, electrical insulation, mechanical
strength, flame retardancy, thermal insulation, and
high-temperature performance. The growing adoption of industrial
robots, automation machinery, and high-power electrical devices
further boosts the PCB market. Additionally, PCBs are vital in
electronic equipment, including 5G infrastructure, Internet of
Things (IoT), Internet of Vehicles (IoV), artificial intelligence,
consumer electronics, and smart devices. The PCB foundation
material's reliability and thermal stability are crucial factors in
maintaining the performance of these advanced technologies.
However, concerns regarding electronic waste, lead, mercury,
cadmium, and brominated flame retardants necessitate the
development of eco-friendly and sustainable PCB
solutions.
Market Challenges
- Printed Circuit Boards (PCBs) are essential components in
various industries, including semiconductors, automotive,
communications, industrial/medical, and telecommunication
infrastructure. Made of metal, plastic, ceramic, copper, and epoxy
resins, PCBs contain hazardous components that pose environmental
risks due to their non-disposability. The industry has shifted from
lead solders to lead-free alternatives to reduce toxicity.
Recycling PCBs presents challenges such as temperature rise,
mechanical shocks, and delamination. Key applications include
semiconductor plants, automobile battery control systems, engine
timing systems, digital displays, audio systems, power relays, and
antilock brake systems. PCBs are also used in smart devices, IoT
gadgets, and industrial automation. Materials include fiberglass,
glass fabric, and high Tg FR-4, with glass transition temperature
crucial for performance. The market encompasses HDI, build-up,
microvia, rigid PCBs, and 3D printing.
Research report provides comprehensive data on
impact of trend, driver and challenges - Buy
Report
Segment Overview
This printed circuit board (pcb) market report extensively
covers market segmentation by
- End-user
- 1.1 Communication network infrastructure
- 1.2 IT and peripherals
- 1.3 Automotive
- 1.4 Consumer electronics
- 1.5 Others
- Type
- 2.1 Multi-layer
- 2.2 HDI
- 2.3 Single sided
- 2.4 Double sided
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Communication network infrastructure- The
Printed Circuit Board (PCB) market is segmented by end-user
applications, including the semiconductor industry, automotive
sector, communications, industrial/medical, and telecommunication
infrastructure. The semiconductor market's growth is driven by the
increasing demand for integrated circuits, resistors, electrolytic
capacitors, PLCs, transistors, and composite epoxy materials. In
the automotive sector, PCBs are essential for various applications
such as battery control systems, engine timing systems, digital
displays, audio systems, power relays, antilock brake systems, and
smart devices. PCBs are also crucial in IoT gadgets and
millennial-driven industries like computer manufacturing and
communications. The communications sector's expansion is fueled by
the transition from 4G to 5G networks, necessitating faster data
connectivity and high-resolution video streaming. PCBs are integral
to the functioning of communication network infrastructure
equipment, including enterprise network equipment, wireline network
equipment, subscriber equipment, and cable/multiservice operator
equipment. PCBs come in various forms, such as
HDI/build-up/microvia, rigid PCBs, and flexible circuits, made from
materials like FR-4 high Tg, glass fabric, and fiberglass. Emerging
technologies like 3D printing and industrial automation are also
driving the demand for PCBs in diverse industries.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Printed Circuit Board (PCB) market encompasses the design,
manufacturing, and integration of advanced electronic components
into various industries. Key technologies driving growth include
5G, Internet of Things (IoT), Internet of Vehicles (IoV),
Artificial Intelligence (AI), and Consumer Electronics. PCBs are
essential in these sectors, enabling the functionality of
smartphones, cameras, and telecommunication infrastructure.
Unimicron, Compeq, and other leading players produce IC Substrates,
Flexible Circuits, and Rigid Flex for PCB applications. PCBs
consist of PCBs, Integrated Circuits, Resistors, Electrolytic
capacitors, Programmable Logic Controllers (PLCs), Transistors, and
Composite epoxy materials. Fiberglass and other materials are used
in the production of PCBs, ensuring their durability and
reliability.
Market Research Overview
The Printed Circuit Board (PCB) market encompasses the design,
manufacturing, and distribution of these essential electronic
components. PCBs serve as the backbone of various electronic
devices, connecting and protecting their electrical components. The
industry's growth is driven by the increasing demand for advanced
technology in consumer electronics, automotive, telecommunications,
and healthcare sectors. PCBs come in various types, including
single-sided, double-sided, multi-layer, and flexible boards,
catering to diverse applications. The market is also influenced by
factors like miniaturization, increasing complexity, and the shift
towards RoHS compliance. The future holds promising opportunities
for PCBs, with advancements in technologies like HDI, Microvia, and
3D stacking.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Communication Network Infrastructure
- IT And Peripherals
- Automotive
- Consumer Electronics
- Others
- Type
-
- Multi-layer
- HDI
- Single Sided
- Double Sided
- Geography
-
- APAC
- North America
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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