Global Substrate-Like PCB Market to Reach $8.8 Billion by 2030
The global market for Substrate-Like PCB estimated at US$2.8 Billion in the year 2023, is expected to reach US$8.8 Billion by 2030, growing at a CAGR of 17.5% over the period 2023-2030. 25 / 25 & 30 / 30 µm Line / Space Substrate-Like PCB, one of the segments analyzed in the report, is expected to record 17.9% CAGR and reach US$6.6 Billion by the end of the analysis period. Growth in the Below 25 / 25 µm Line / Space Substrate-Like PCB segment is estimated at 16.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $878.2 Million, While China is Forecast to Grow at 16.6% CAGR
The Substrate-Like PCB market in the U.S. is estimated at US$878.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 16.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 14.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.
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