Global Heavy Copper PCB Market Research Report 2024(Status and Outlook)

Global Heavy Copper PCB Market Research Report 2024(Status and Outlook)

Report Overview

Heavy Copper PCBs, also known as thick copper circuit boards, are specialized printed circuit boards (PCBs) that incorporate copper layers with a thickness of 3 oz or more. These PCBs are engineered for applications that require high power handling, voltage endurance, and efficient heat dissipation. Heavy copper PCBs are commonly used in sectors such as industrial power supplies, automotive electronics (especially in electric vehicles), medical equipment, and communication infrastructure. Compared to standard PCBs, the manufacturing process of heavy copper PCBs involves more complex techniques, including etching, lamination, drilling, and electroplating. These boards are highly valued for their durability and ability to support high current loads without compromising performance.

The heavy copper PCB market is experiencing substantial growth, driven by key trends in the automotive, industrial, and communication sectors. The rising demand for electric vehicles (EVs) has accelerated the need for reliable, high-power PCBs capable of managing intense electrical loads. Additionally, the expansion of renewable energy infrastructure, particularly in the power and energy industries, has created further demand for high-performance circuit boards. With the increasing digitalization of industrial control systems, the need for advanced PCBs capable of supporting high voltage and current levels has grown significantly. Furthermore, the rise of automation in the communication industry is also propelling market demand.

The global heavy copper PCB market was valued at US$ 1974.69 million in 2023 and is projected to reach US$ 3372.64 Million by 2030, growing at a compound annual growth rate (CAGR) of 8.14% from 2024 to 2030. The market's growth is driven primarily by the increasing application of heavy copper PCBs in electric vehicles and industrial power systems. The automotive industry alone accounts for a significant portion of the market, as more electric and hybrid vehicles come into production. Additionally, the demand for reliable energy infrastructure has led to increased investments in heavy copper PCBs for energy storage systems and renewable energy installations.

While the market outlook for heavy copper PCBs remains positive, several challenges persist. The high cost of production due to the specialized manufacturing process limits entry into the market, especially for smaller players. Moreover, supply chain disruptions, especially in the procurement of raw materials such as copper, have affected production timelines and raised costs. Another critical challenge is the environmental impact and regulatory concerns related to PCB disposal and recycling, as the industry comes under increasing pressure to adopt sustainable practices.

Segmented by copper thickness, the heavy copper PCB market can be categorized into 3-5 Oz, 5-10 Oz, 10-20 Oz, and 20-30 Oz, among others. The 5-10 Oz segment dominates the market with the largest share, accounting for approximately 39.75%. This segment is preferred in industrial power applications where higher current loads are required, and its dominance is further supported by the growing demand from sectors like power and energy. Heavy copper PCBs in this range offer increased reliability and efficiency, making them crucial components in high-power devices.

According to the application field, heavy copper PCBs can be classified into several key industries, including the automobile industry, power and energy, communication, industrial control, transportation, medical equipment, and other sectors. Among these, the automobile industry and industrial control sectors hold the highest application share, accounting for 8.65% of the market. The growing demand for electric vehicles (EVs) has significantly increased the need for high-power PCBs capable of handling substantial current loads, positioning the automobile sector as a dominant force in the heavy copper PCB market. Similarly, industrial control systems, which require reliable and durable PCBs to manage complex power requirements, further drive the high adoption in this sector.

The heavy copper PCB market is geographically segmented into several regions, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. As of now, the Asia-Pacific region accounts for 64.71% of the market's total revenue, making it the largest regional contributor. This significant share is primarily due to the presence of key manufacturing hubs such as China, which alone holds 37.72% of the total market, driven by its strong electronics and automotive industries. Japan and South Korea also contribute significantly, with shares of 12.10% and 6.42%, respectively, reflecting their advanced technological industries and high demand for industrial control systems and electric vehicles.

According to our calculations, in 2023, the heavy copper PCB market's market concentration indicators CR5 and HHI have reached 30.76% and 2.00%, respectively. Both the CR5 and HHI suggest that the heavy copper PCB market in 2023 remains fierce competitive, with several key players holding significant shares but without any one company dominating the market. This relatively even distribution of market share means that the actions of any single firm are unlikely to substantially affect the overall market dynamics. Currently, the key players in the heavy copper PCB market include TTM Technologies, Wus Printed Circuit, Unimicron, Olympic, AT&S, OKI Circuit Technology, Shenzhen Jove Enterprise, Shenzhen Kingwong Electronics, MEIKO, SCC, HannStar Board, Sunshine PCB, Aohong Electronics, Jingpeng, Shen Zhen Suntak Circuit Technology, Guangdong Champion Asia Electronics Co., Ltd., Guangdong Ellington Electronics, HiTech Circuits, Schweizer Electronic, Guangdong Kexiang Electronic Technology Co., Ltd., Allfavor Electronics, Jiangxi Welgao Electronics, Shenzhen Q&D Circuits, Shenzhen Xunjiexing Technology, Fumax, Lead&Wit Circuits.

This report provides a deep insight into the global Heavy Copper PCB market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Heavy Copper PCB Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Heavy Copper PCB market in any manner.

Global Heavy Copper PCB Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

TTM Technologies

Wus Printed Circuit

Unimicron

Olympic

AT&S

OKI Circuit Technology

Shenzhen Jove Enterprise

Shenzhen Kingwong Electronics

MEIKO

SCC

HannStar Board

Sunshine PCB

Aohong Electronics

Jingpeng

Shen Zhen Suntak Circuit Technology

Guangdong Champion Asia Electronics

Guangdong Ellington Electronics

HiTech Circuits

Schweizer Electronic

Guangdong Kexiang Electronic Technology

Allfavor Electronics

Jiangxi Welgao Electronics

Shenzhen Q&D Circuits

Shenzhen Xunjiexing Technology

Fumax

Lead&Wit Circuits

Market Segmentation (by Type)

3-5 Oz

5-10 Oz

10-20 Oz

20-30 Oz

Others

Market Segmentation (by Application)

Automobile Industry

Power and Energy Industry

Communication Industry

Industrial Control

Transportation

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Heavy Copper PCB Market

Overview of the regional outlook of the Heavy Copper PCB Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Heavy Copper PCB Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.