Global PCB & PCBA Market Growth 2023-2029

Global PCB & PCBA Market Growth 2023-2029

A printed circuit board (PCB) mechanically supports and electrically connects electronic components using conductive tracks, pads and other features etched from copper sheets laminated onto a non-conductive substrate. Components – capacitors, resistors or active devices – are generally soldered on the PCB.

PCBA refer to Printed Circuit Board Assembly. In assembly the bare board is populated (or "stuffed") with electronic components to form a functional printed circuit assembly (PCA), which called a "printed circuit board assembly" (PCBA).

LPI (LP Information)' newest research report, the “PCB & PCBA Industry Forecast” looks at past sales and reviews total world PCB & PCBA sales in 2022, providing a comprehensive analysis by region and market sector of projected PCB & PCBA sales for 2023 through 2029. With PCB & PCBA sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PCB & PCBA industry.

This Insight Report provides a comprehensive analysis of the global PCB & PCBA landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PCB & PCBA portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PCB & PCBA market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PCB & PCBA and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PCB & PCBA.

The global PCB & PCBA market size is projected to grow from US$ 71120 million in 2022 to US$ 90010 million in 2029; it is expected to grow at a CAGR of 90010 from 2023 to 2029.

Global PCB & PCBA key players include Tripod, Nippon Mektron, ZDT, Kingboard, HannStar Board (GBM), etc. Global top five manufacturers hold a share over 10%.

China is the largest market, with a share about 50%, followed by China Taiwan, and South Korea, both have a share about 25 percent.

In terms of product, Standard Multilayer is the largest segment, with a share about 35%. And in terms of application, the largest application is Communications, followed by Consumer Electronics, Industrial or Medical, Automotive, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of PCB & PCBA market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Rigid 1-2Sided

Standard Multilayer

HDI, Microvia or Build-Up

IC Substrate

Flexible Circuits

Rigid Flex

Others

Segmentation by application

Consumer Electronics

Computer

Communications

Industrial or Medical

Automotive

Military or Aerospace

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Nippon Mektron

Unimicron

SEMCO

Young Poong Group

Ibiden

ZDT

Tripod

TTM

SEI

Daeduck Group

HannStar Board (GBM)

Nanya PCB

CMK Corporation

Shinko Electric Ind

Compeq

AT&S

Kingboard

Ellington

Topcb

DSBJ

Kinwong

Samsung

Wus

Fujikura

MEIKO ELECTRONICS

SCC

Key Questions Addressed in this Report

What is the 10-year outlook for the global PCB & PCBA market?

What factors are driving PCB & PCBA market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do PCB & PCBA market opportunities vary by end market size?

How does PCB & PCBA break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.