Asia-Pacific Printed Circuit Board Market Forecast Analysis 2024-2032

Asia-Pacific Printed Circuit Board Market Forecast Analysis 2024-2032



As per Triton’s research report, the printed circuit board market in the Asia-Pacific is estimated to expand in terms of revenue at a CAGR of 5.64% during the forecast period 2024-2032.

The printed circuit board market in the Asia-Pacific region is experiencing significant growth, fueled by the rising adoption of smart devices, increasing demand for consumer electronics, and the expanding semiconductor market. Recently held ‘Electronics Circuit Asia 2024’ in Thailand had the industry experts discuss the current trends for high-layer count PCBs and HDI to meet next-generation requirements of EV batteries, automotive, and more. The event also highlighted the growth prospects of PCB production, particularly in Southeast Asia. Thailand is rapidly emerging as a new hotspot, drawing significant investments from Korean, Taiwanese, Chinese, and Japanese PCB companies. Evidently, the demand for printed circuit boards in the Asia-Pacific region is bound to expand in the coming years.

The countries analyzed in this region include China, Australia & New Zealand, ASEAN Countries, Japan, South Korea, India, and Rest of Asia-Pacific.

China leads with a major market share, recording nearly $34.28 billion in 2023.
  • The printed circuit board market in China is rapidly growing, driven by the expanding consumer electronics sector and the increased manufacturing capacity of production companies.
  • Diehl Controls is also set to launch production of electronic systems at its second plant in China. This investment aims to boost sales to over 2 billion RMB by 2026. As production increases to meet higher sales targets, the demand for PCBs will rise, creating a ripple effect that boosts overall PCB demand in the country.
  • Additionally, the PCB manufacturers in China are driving a surge in investments across Southeast Asia, with a significant focus on Thailand. Such initiatives are widening the scope of the printed circuit board market in the country.
Printed Circuit Board Market Forecast for India

Recently, Amber Enterprises revealed its plan to invest ₹2,000 crore to establish a printed circuit board manufacturing facility in India. The new PCB production facility will cater to a wide range of industries, including mobile, IT, semiconductors, aerospace, and more. This initiative aims to meet both domestic and export demand, supporting India’s push to enhance electronics manufacturing and reduce reliance on imports for key components.

Similarly, in June 2024, BPL launched another PCB production unit in Bengaluru with a ₹20 crore investment, expected to significantly impact India’s PCB industry. The facility supports commercial production, including double-side and multi-layer PCBs, and has created 110 direct and 150 indirect jobs. Such active efforts to cater to the increasing manufacturing of electronic devices are set to widen the scope of the printed circuit board market in the country.

The printed circuit board market is segmented by raw material, substrate, and application. Based on raw material, it is further classified into glass fabric, epoxy resin, Kraft paper, phenolic resin, and other raw materials. Glass fabric is used in printed circuit boards to offer protection against moisture, electrostatic discharge, power failures, and high temperatures. An advanced technique for reinforcing glass fiber during lamination results in a flatter, thinner weave. This creates a smoother, more uniform surface, ideal for laser drilling and mechanical processes while also enhancing dimensional stability.

Contender Analysis in the Printed Circuit Board Market:

Unimicron Technology Corporation manufactures and sells printed circuit board and IC carrier products in Taiwan and the international market. The company provides rigid PCBs, which include heavy-density interconnection boards, heavy copper, multi-layer PCBs, and back panel high-layer count PCBs. It also offers a connector, flexible printed circuit, package-on-package substrate UTS and substrate. Its products are used in tablets, MP3 players, portable game consoles, GPS, e-readers, camcorders, DSC and LCD modules. It is headquartered in Taoyuan, Taiwan.

Bloom Energy, a California-based company, signed an agreement with Unimicron to install up to 10 MW of fuel cells at its plants in Taiwan. The installations are expected to be completed by 2026.

Other key contenders in the market include Ascent Circuit Pvt Ltd, Daeduck Electronics, TTM Technologies Inc, Hannstar Board Corporation, Zhen Ding Technology Holding Ltd, and Young Poong Electronics Co Ltd.


ASIA-PACIFIC PRINTED CIRCUIT BOARD MARKET 2024-2032.pdf

1. Asia-Pacific Printed Circuit Board Market - Summary
2. Industry Outlook
2.1. Impact Analysis On ThePrinted Circuit Board Market
2.1.1. Covid-19 Impact On The Printed Circuit Board Market
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitutes
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Supply Chain Analysis
2.3.1. Industry Components
2.3.2. Resin & Fiber Suppliers
2.3.3. Laminators & Manufacturers
2.3.4. Distributors And Retailers
2.3.5. End-users
2.4. Key Buying Impact Analysis
2.4.1. Application
2.4.2. Reliability
2.4.3. Cost
2.5. Key Market Strategies
2.5.1. Product Launches
2.5.2. Acquisitions
2.5.3. Business Divestitures & Expansions
2.6. Market Drivers
2.6.1. Increasing Demand For Smart Electronics
2.6.2. Expanding Applications Of Semiconductors
2.6.3. Growing Utilization Of Electronics Across Various Sectors
2.6.4. Surge In Internet Usage
2.7. Market Challenges
2.7.1. Competitive Pressures Resulting In Price Declines
2.7.2. Fluctuations In Raw Material Costs
2.7.3. Regulatory Frameworks Addressing E-waste Management
2.8. Market Opportunities
2.8.1. Growth Opportunities Presented By Iot-enabled Interconnected Devices
2.8.2. Escalating Demand In Emerging Markets
2.9. Analyst Perspective
3. Asia-Pacific Printed Circuit Board Market – By Raw Material
3.1. Epoxy Resin
3.2. Glass Fabric
3.3. Phenolic Resin
3.4. Kraft Paper
3.5. Other Raw Materials
4. Asia-Pacific Printed Circuit Board Market – By Substrate
4.1. Standard Multilayer
4.2. Flexible Circuits
4.3. High-density Interconnect (Hdi)
4.4. Integrated Circuit (Ic)
4.5. Rigid 1-2 Sided
4.6. Rigid Flex
5. Asia-Pacific Printed Circuit Board Market – By Application
5.1. Communications
5.2. Consumer Electronics
5.3. Industrial Electronics
5.4. Automotive
5.5. Military
5.6. Other Applications
6. Asia-Pacific Printed Circuit Board Market – By Country Outlook
6.1. Asia-Pacific
6.1.1. Country Analysis
6.1.1.1. China
6.1.1.1.1. China Printed Circuit Board Market Forecast & Prospects
6.1.1.2. Japan
6.1.1.2.1. Japan Printed Circuit Board Market Forecast & Prospects
6.1.1.3. India
6.1.1.3.1. India Printed Circuit Board Market Forecast & Prospects
6.1.1.4. South Korea
6.1.1.4.1. South Korea Printed Circuit Board Market Forecast & Prospects
6.1.1.5. Asean Countries
6.1.1.5.1. Asean Countries Printed Circuit Board Market Forecast & Prospects
6.1.1.6. Australia & New Zealand
6.1.1.6.1. Australia & New Zealand Printed Circuit Board Market Forecast & Prospects
6.1.1.7. Rest Of Asia-Pacific
6.1.1.7.1. Rest Of Asia-Pacific Printed Circuit Board Market Forecast & Prospects
7. Competitive Landscape
7.1. At&S (Austria Technologie & Systemtechnik Aktiengesellschaft)
7.1.1. Overview
7.1.2. Portfolio
7.1.3. Key Strengths
7.1.4. Key Challenges
7.2. Ascent Circuit Pvt Ltd
7.2.1. Overview
7.2.2. Portfolio
7.2.3. Key Strengths
7.2.4. Key Challenges
7.3. Daeduck Electronics
7.3.1. Overview
7.3.2. Portfolio
7.3.3. Key Strengths
7.3.4. Key Challenges
7.4. Compeq Manufacturing Co Ltd
7.4.1. Overview
7.4.2. Portfolio
7.4.3. Key Strengths
7.4.4. Key Challenges
7.5. Epitome Components Ltd
7.5.1. Overview
7.5.2. Portfolio
7.5.3. Key Strengths
7.5.4. Key Challenges
7.6. Ibiden Inc
7.6.1. Overview
7.6.2. Portfolio
7.6.3. Key Strengths
7.6.4. Key Challenges
7.7. Hannstar Board Corporation
7.7.1. Overview
7.7.2. Portfolio
7.7.3. Key Strengths
7.7.4. Key Challenges
7.8. Isu Petasys
7.8.1. Overview
7.8.2. Portfolio
7.8.3. Key Strengths
7.8.4. Key Challenges
7.9. Nippon Mektron Ltd
7.9.1. Overview
7.9.2. Portfolio
7.9.3. Key Strengths
7.9.4. Key Challenges
7.10. Nan Ya Pcb Corporation
7.10.1. Overview
7.10.2. Portfolio
7.10.3. Key Strengths
7.10.4. Key Challenges
7.11. Oki Printed Circuits Co Ltd
7.11.1. Overview
7.11.2. Portfolio
7.11.3. Key Strengths
7.11.4. Key Challenges
7.12. Samsung Electronics Co Ltd
7.12.1. Overview
7.12.2. Portfolio
7.12.3. Key Strengths
7.12.4. Key Challenges
7.13. Shennan Circuits Co Ltd
7.13.1. Overview
7.13.2. Portfolio
7.13.3. Key Strengths
7.13.4. Key Challenges
7.14. Tripod Technology Corporation
7.14.1. Overview
7.14.2. Portfolio
7.14.3. Key Strengths
7.14.4. Key Challenges
7.15. Unimicron Technology Corporation
7.15.1. Overview
7.15.2. Portfolio
7.15.3. Key Strengths
7.15.4. Key Challenges
7.16. Ttm Technologies Inc
7.16.1. Overview
7.16.2. Portfolio
7.16.3. Key Strengths
7.16.4. Key Challenges
7.17. Zhen Ding Technology Holding Ltd
7.17.1. Overview
7.17.2. Portfolio
7.17.3. Key Strengths
7.17.4. Key Challenges
7.18. Young Poong Electronics Co Ltd
7.18.1. Overview
7.18.2. Portfolio
7.18.3. Key Strengths
7.18.4. Key Challenges
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
List Of Tables
Table 1: Asia-Pacific Printed Circuit Board Market, By Country Outlook, 2024-2032 (In $ Billion)
Table 2: List Of Product Launches
Table 3: List Of Acquisitions
Table 4: List Of Business Divestitures & Expansions
Table 5: Asia-Pacific Printed Circuit Board Market, By Raw Material, 2024-2032 (In $ Billion)
Table 6: Asia-Pacific Printed Circuit Board Market, By Substrate, 2024-2032 (In $ Billion)
Table 7: Asia-Pacific Printed Circuit Board Market, By Application, 2024-2032 (In $ Billion)
Table 8: Asia-Pacific Printed Circuit Board Market, By Country Outlook, 2024-2032 (In $ Billion)
List Of Figures
Figure 1: Porter’s Five Forces Analysis
Figure 2: Supply Chain Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: Asia-Pacific Printed Circuit Board Market, By Raw Material, 2023 & 2032 (In %)
Figure 5: Asia-Pacific Printed Circuit Board Market, By Epoxy Resin, 2024-2032 (In $ Billion)
Figure 6: Asia-Pacific Printed Circuit Board Market, By Glass Fabric, 2024-2032 (In $ Billion)
Figure 7: Asia-Pacific Printed Circuit Board Market, By Phenolic Resin, 2024-2032 (In $ Billion)
Figure 8: Asia-Pacific Printed Circuit Board Market, By Kraft Paper, 2024-2032 (In $ Billion)
Figure 9: Asia-Pacific Printed Circuit Board Market, By Other Raw Materials, 2024-2032 (In $ Billion)
Figure 10: Asia-Pacific Printed Circuit Board Market, By Substrate, 2023 & 2032 (In %)
Figure 11: Asia-Pacific Printed Circuit Board Market, By Standard Multilayer, 2024-2032 (In $ Billion)
Figure 12: Asia-Pacific Printed Circuit Board Market, By Flexible Circuits, 2024-2032 (In $ Billion)
Figure 13: Asia-Pacific Printed Circuit Board Market, By High-density Interconnect (Hdi), 2024-2032 (In Billion)
Figure 14: Asia-Pacific Printed Circuit Board Market, By Integrated Circuit (Ic), 2024-2032 (In $ Billion)
Figure 15: Asia-Pacific Printed Circuit Board Market, By Rigid 1-2 Sided, 2024-2032 (In $ Billion)
Figure 16: Asia-Pacific Printed Circuit Board Market, By Rigid Flex, 2024-2032 (In $ Billion)
Figure 17: Asia-Pacific Printed Circuit Board Market, By Application, 2023 & 2032 (In %)
Figure 18: Asia-Pacific Printed Circuit Board Market, By Communications, 2024-2032 (In $ Billion)
Figure 19: Asia-Pacific Printed Circuit Board Market, By Consumer Electronics, 2024-2032 (In $ Billion)
Figure 20: Asia-Pacific Printed Circuit Board Market, By Industrial Electronics, 2024-2032 (In $ Billion)
Figure 21: Asia-Pacific Printed Circuit Board Market, By Integrated Circuit (Ic), 2024-2032 (In $ Billion)
Figure 22: Asia-Pacific Printed Circuit Board Market, By Automotive, 2024-2032 (In $ Billion)
Figure 23: Asia-Pacific Printed Circuit Board Market, By Military, 2024-2032 (In $ Billion)
Figure 24: Asia-Pacific Printed Circuit Board Market, By Other Applications, 2024-2032 (In $ Billion)
Figure 25: Asia-Pacific Printed Circuit Board Market, By Country Outlook, 2023 & 2032 (In %)
Figure 26: China Printed Circuit Board Market 2024-2032 (In $ Billion)
Figure 27: Japan Printed Circuit Board Market 2024-2032 (In $ Billion)
Figure 28: India Printed Circuit Board Market 2024-2032 (In $ Billion)
Figure 29: South Korea Printed Circuit Board Market 2024-2032 (In $ Billion)
Figure 30: Asean Countries Printed Circuit Board Market 2024-2032 (In $ Billion)
Figure 31: Australia & New Zealand Printed Circuit Board Market 2024-2032 (In $ Billion)
Figure 32: Rest Of Asia-Pacific Printed Circuit Board Market 2024-2032 (In $ Billion)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings