Global PCB & PCBA Market Growth 2025-2031

Global PCB & PCBA Market Growth 2025-2031

The global PCB & PCBA market size is predicted to grow from US$ 75850 million in 2025 to US$ 92830 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

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).

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.

LP Information, Inc. (LPI) ' newest research report, the “PCB & PCBA Industry Forecast” looks at past sales and reviews total world PCB & PCBA sales in 2024, providing a comprehensive analysis by region and market sector of projected PCB & PCBA sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?

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