Global Printed Circuit Board (PCB) Market 2024-2028
The printed circuit board (PCB) market is forecasted to grow by USD 29.06 bn during 2023-2028, accelerating at a CAGR of 6.6% during the forecast period. The report on the printed circuit board (PCB) market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising adoption of smartphones, increasing electronic components in vehicles, and growing demand for IoT devices.
Technavio's printed circuit board (PCB) market is segmented as below:
By End-user
- Communication network infrastructure
- IT and peripherals
- Automotive
- Consumer electronics
- Others
By Type
- Multi-layer
- HDI
- Single sided
- Double sided
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing inclination towards flexibility and industry automation as one of the prime reasons driving the printed circuit board (PCB) market growth during the next few years. Also, the growing adoption of digital twin technology and rising market penetration of miniaturized electronic components will lead to sizable demand in the market.
The report on the printed circuit board (PCB) market covers the following areas:
- Printed circuit board (PCB) market sizing
- Printed circuit board (PCB) market forecast
- Printed circuit board (PCB) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading printed circuit board (PCB) market vendors that include 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.. Also, the printed circuit board (PCB) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.