Saudi Arabia Printed Circuit Board Market Overview, 2030

The Saudi Arabian printed circuit board (PCB) market is poised for significant growth, driven by the country’s ongoing economic diversification efforts under Vision 2030. As the Kingdom shifts its focus from oil dependency to technology-driven industries, there has been a surge in demand for electronics, automation, and digital infrastructure. The market benefits from increasing investments in local manufacturing and the government’s push to develop semiconductor and electronics industries. The rising adoption of smart devices, IoT-enabled systems, and automation across various sectors is also fueling PCB demand. Additionally, the growing consumer electronics market, particularly in smartphones, wearables, and home appliances, is playing a crucial role in shaping the demand for advanced PCBs. The automotive sector, too, is witnessing significant transformation with the introduction of electric vehicles (EVs) and smart mobility solutions, requiring high-performance circuit boards. Saudi Arabia’s strong defense and aerospace sector, backed by substantial government expenditure, further supports market expansion as sophisticated electronic systems become critical to national security. Moreover, the rising number of local and international players investing in PCB production facilities within the Kingdom is expected to reduce reliance on imports and enhance domestic supply chain resilience. Challenges such as high initial setup costs and reliance on imported raw materials persist, but with advancements in manufacturing processes and increasing demand for high-performance electronic components, the Saudi PCB market is set for steady expansion in the coming years.

According to the research report, “Saudi Arabia Printed circuit board Market Overview, 2030,"" published by Bonafide Research, the Saudi Arabia Printed circuit board market is anticipated to add to more than USD 240 Million by 2025–30. Saudi PCB market is undergoing rapid evolution, with key trends shaping its trajectory across various industries. The increasing miniaturization of electronic components is a significant trend, driving demand for high-density interconnect (HDI) PCBs that offer compact yet powerful circuit solutions. With the Kingdom’s emphasis on smart cities and digital transformation, there is an increasing integration of IoT devices, requiring more complex and highly efficient circuit boards. Another notable trend is the shift towards advanced multilayer PCBs, particularly for applications in automotive, defense, and telecommunications, where reliability and performance are paramount. The healthcare industry is also witnessing a growing demand for PCBs, driven by the expansion of medical electronics such as diagnostic equipment, wearable health monitors, and telemedicine technologies. The aerospace and defense sector, a key focus area for Saudi Arabia, is seeing increased investment in PCBs for avionics, radar systems, and military-grade communication devices. Sustainability is also becoming a focal point, with manufacturers exploring eco-friendly PCB production processes and materials to align with global environmental regulations. The automotive industry is experiencing a transformation with the rise of electric vehicles (EVs) and autonomous driving technologies, leading to an increased need for sophisticated electronic control systems, power management solutions, and sensor integration, all of which rely heavily on advanced PCB technology. Additionally, the government’s focus on boosting local manufacturing is fostering collaborations between domestic companies and global PCB manufacturers, resulting in technology transfers and the establishment of high-tech production facilities within the country.

The Saudi PCB market is segmented by type, with each category catering to specific industry needs and technological requirements. Single-sided PCBs, known for their simplicity and cost-effectiveness, remain widely used in basic consumer electronics, LED lighting solutions, and entry-level appliances. However, as industries shift towards more sophisticated electronic systems, the demand for double-sided PCBs has grown, particularly in industrial automation, smart home devices, and mid-range communication equipment. Multi-layered PCBs are experiencing significant adoption across high-performance applications, including telecommunications infrastructure, automotive electronics, and aerospace systems, where complex circuitry and enhanced reliability are essential. High-density interconnect (HDI) PCBs are increasingly being utilized in cutting-edge applications such as high-speed computing, IoT devices, and medical electronics, thanks to their superior performance in compact designs. Other PCB types, including flexible and rigid-flex boards, are gaining traction in specialized applications where space constraints and durability are critical. Saudi Arabia’s defense sector, in particular, has been a key driver of demand for advanced PCBs, necessitating innovation in multi-layered and HDI technologies. The market’s evolution is also influenced by the growing investment in research and development, fostering the introduction of new PCB technologies tailored to meet the specific demands of industries such as healthcare, automotive, and smart infrastructure.

The Saudi PCB market is characterized by diverse applications across multiple end-user industries. The industrial electronics sector is a major contributor to market demand, driven by the country’s rapid industrialization, automation initiatives, and the implementation of smart factory technologies. Increasing investments in advanced manufacturing processes and robotics have led to greater adoption of specialized PCBs in industrial control systems, sensors, and automation equipment. The healthcare industry has also emerged as a key consumer of PCBs, with applications in medical imaging, diagnostic devices, and wearable health monitors gaining prominence as Saudi Arabia expands its healthcare infrastructure. The aerospace and defense sector remains a dominant force in PCB consumption, with high-performance circuit boards playing a crucial role in avionics, radar systems, navigation equipment, and military communication devices. As the Kingdom continues to enhance its domestic defense capabilities, the demand for rugged and high-reliability PCBs is expected to rise significantly. The automotive industry is witnessing a shift towards electric and autonomous vehicles, driving the need for sophisticated electronic control units, battery management systems, and advanced safety features, all of which require high-quality PCBs. Consumer electronics is another rapidly growing segment, fueled by increasing demand for smartphones, tablets, smart wearables, and home automation devices. Other end-user industries, including telecommunications and renewable energy, are also contributing to the expansion of the PCB market, with Saudi Arabia’s push towards 5G infrastructure and clean energy solutions necessitating advanced electronic components. With continued investments in local PCB manufacturing and a focus on technological innovation, the Kingdom is set to strengthen its position as a key market for high-performance circuit boards across multiple industries.

The Saudi PCB market is also segmented based on substrate type, with rigid, flexible, and rigid-flex PCBs serving distinct industry needs. Rigid PCBs dominate the market, particularly in industrial electronics, automotive applications, and telecommunications infrastructure, where durability and reliability are critical. These PCBs are widely used in power distribution systems, control panels, and computing hardware, offering superior mechanical stability and cost efficiency. Flexible PCBs are gaining traction in applications where space constraints and design flexibility are key considerations, such as in wearable technology, medical implants, and compact consumer electronics. The demand for flexible PCBs is also increasing in the automotive sector, where they are used for intricate wiring in infotainment systems, safety sensors, and battery management units in electric vehicles. Rigid-flex PCBs, combining the advantages of both rigid and flexible boards, are becoming increasingly popular in high-performance applications that require a balance of durability and adaptability. Industries such as aerospace and defense are at the forefront of this adoption, leveraging rigid-flex PCBs for avionics, communication devices, and mission-critical military electronics. With Saudi Arabia’s growing investments in smart infrastructure, defense technology, and advanced electronics manufacturing, the demand for high-quality PCB substrates is expected to rise. Additionally, the country’s emphasis on local production is fostering innovations in PCB material science, encouraging manufacturers to develop more efficient and cost-effective substrates tailored to the specific needs of different industries. As the market matures, the competition between global and domestic players in producing high-performance rigid, flexible, and rigid-flex PCBs is set to intensify, further driving advancements in PCB technology within the Kingdom.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Printed Circuit Board Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Single Sided
• Double Sided
• Multi-layered
• High Density Interconnect (HDI)
• Others

By End-user Industry
• Industrial Electronics
• Healthcare
• Aerospace and Defense
• Automotive
• Consumer Electronics
• Other End-user Industries

By Substrate
• Rigid
• Flexible
• Rigid-flex
 
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.