Automotive Printed Circuit Board Market Size, Share & Trends Analysis Report By Type (Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB), By Vehicle Type, By Level of Autonomy, By Application, By Region, And Segment Forecasts, 2024 - 2030

Automotive Printed Circuit Board Market Size, Share & Trends Analysis Report By Type (Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB), By Vehicle Type, By Level of Autonomy, By Application, By Region, And Segment Forecasts, 2024 - 2030

Market Size & Trends

The global automotive printed circuit board market size was estimated at USD 9.79 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The automotive PCB market is experiencing significant growth driven by various trends, dynamics, and opportunities. One major trend is the shift towards electric vehicles (EVs), which require sophisticated electronic systems like battery management and powertrain control modules, heavily reliant on PCBs. Additionally, advancements in autonomous driving technologies, including ADAS, demand high-performance PCBs to support the complex array of sensors and AI processors involved. The integration of advanced infotainment systems, driven by consumer demand for in-car connectivity and entertainment, is also a key trend, necessitating more sophisticated PCBs.

Several market drivers are fueling this growth. Technological advancements in automotive electronics and printed circuit board (PCB) manufacturing enhance performance and reliability, while stricter safety and emission regulations compel automakers to incorporate advanced electronic systems, boosting PCB demand. Consumer expectations for safety, connectivity, and infotainment further drive market expansion.

However, the market faces restraints such as high initial costs for developing advanced PCBs and complex manufacturing processes that require significant investment in expertise and equipment. Additionally, challenges like supply chain disruptions and economic fluctuations can impact raw material availability and overall market stability.

Despite these challenges, there are substantial opportunities in the automotive PCB market. The rapid growth of the electric vehicle segment presents a significant opportunity, as EVs require more electronic components than traditional vehicles. Emerging markets in Asia Pacific and Latin America offer further growth prospects due to increasing vehicle production and the adoption of advanced automotive technologies. Sustainability initiatives are also driving the development of eco-friendly and energy-efficient PCBs, opening new avenues for innovation. Furthermore, continuous technological advancements, such as flexible and rigid-flex PCBs, support the increasing complexity and miniaturization of automotive electronic systems, providing additional growth opportunities.

Global Automotive Printed Circuit Board Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the automotive printed circuit board market-based on type, vehicle type, level of autonomy, application, and region:

• Type Outlook (Revenue, USD Million, 2018 - 2030)
• Double-Sided PCB
• Multi-Layer PCB
• Single-Sided PCB
• Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
• Passenger Car
• Commercial Vehicle
• Level of Autonomy Outlook (Revenue, USD Million, 2018 - 2030)
• Autonomous Vehicles
• Conventional Vehicles
• Semi-Autonomous Vehicles
• Application Outlook (Revenue, USD Million, 2018 - 2030)
• ADAS and Basic Safety
• Body, Comfort, and Vehicle Lighting
• Infotainment Components
• Powertrain Components
• Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Middle East & Africa
• UAE
• Kingdom of Saudi Arabia
• South Africa

Please note The report will be delivered in 4-8 business days upon order notification.