PCB Market
PCB Market

According to the new market research report by IndustryARC titled “Global Printed Circuit Boards (PCB) Market: By Type (Rigid 1-2 sided, Standard Multilayer, HDI, IC Substrate, Flexible Circuits, and Rigid Flex); By Components (Resistors, Capacitors, Diodes, IC’s, and Others); By Patterning Technique (Silk Screen Printing, PCB Milling, Photoengraving, and Others); By Application (Aerospace & Defense, Automotive, Consumer Electronics, Industrial Electronics, and Others) & By Region-Forecast (2018-2024)”, the market is driven by the rising demand for advanced smart devices across various consumer electronics devices.

Printed circuit board (PCB) refers to a board that has lines and pads that connect various points together by utilizing conductive tracks, pads and others such as etched copper sheets which are laminated onto a non-conductive substrate. PCB manufacturers invest a great deal of money into their R&D departments to bring out better design and PCB manufacturing process according to the specific requirements.

Asia Pacific to have a major share in the Printed Circuit Board Market

APAC is the dominating market for global PCB market and is estimated to grow at a rate of 36.87% to reach 6.4 billion by 2024 owing to the increasing penetration of smartphones and tablets across the region. In Asia-Pacific, South Korea has become an international hub for electronics industry. The companies here are slowly overtaking the electronics market from Japan. The is followed by China which has served as the greatest emerging nation for printed circuit board manufacturing due to low waged labor and cheap production facilities. Taiwan is known for some of the largest PCB manufacturers across the world which have majority market share in PCB manufacturing. The PCB market will continue flourishing in East Asia due to the government support to become the world leader in global electronics industry.

On the other side, North America is growing with a highest CAGR of 44.98% followed by Europe, during the forecast period.

Sample Analysis done in the full Report:

Standard multilayer PCB holds the largest share and continue its dominance in the global PCB market and projected to reach about $1.27 billion by the end of 2024. These boards are gaining huge demand owing to the need for smaller and lighter boards for use in electrical devices, military equipment, healthcare miniaturization, and other industry verticals.

The market is all set to exhibit robust development with a broad range of applications in various industry verticals which include aerospace & defense, automotive, consumer electronics, industrial electronics, and many others. Industrial electronics is projected to continue its dominance in the global PCB market owing to large number of customers with an extremely wide range of technological requirements and projected to reach about $28.31 billion by the end of 2024, while healthcare & pharmaceutical sector is estimated to witness significant growth rate of CAGR 3.8% during 2018-2024.

Talk to one of our sales representative about the full report by providing your details in the link below:

https://industryarc.com/support.php?id=110

Excerpts on Market Growth Factors

  • Massive growth in electronics industry owing to the economic liberalization, simplifying licensing and foreign investment policies will surely propel growth of the market.

  • Rising demand for advanced smart devices across various consumer electronics coupled with growing automation in the industries will result for the growth of the market during the forecast period.

To access / purchase the full report browse the link below

https://industryarc.com/Report/110/Printed-Circuit-Board-Market-Analysis-and-Forecast.html

Key players of the Printed Circuit Boards Market

Global PCB market key players have making different strategic initiatives include partnerships, acquisitions, products launches and collaborations majorly to augment entry into related markets and enhance core competencies through additions to product portfolio as well as leveraging capabilities of acquired companies to gain a foothold in the emerging markets.

Nippon Mektron Ltd (Japan), Unimicron Technology Corp (Taiwan), Hannstar Board Corp (Taiwan), Zhen Ding Technology Holding Ltd (Taiwan), Ibiden Co Ltd (Japan), Tripod Technology Corp (Taiwan) are the major key players of the PCB Market.

Printed Circuit Boards Market report is segmented as below

GAN applications are seen in optoelectronic products like LEDs, lasers. The LED industry is the main user of Printed Circuit Boards. Larger diameters for the products are chosen for increasing the output and efficiency of the production plants.

  1. Printed Circuit Board Market by Board Type

  • Rigid 1-2 Sided

  • Standard Multilayer

  • HDI/Microvia/Build-up

  • IC Substrate

  • Flexible Circuits

  • Rigid Flex

  • Others

  1. Printed Circuit Board Market by Patterning

  • Silk screen printing

  • Photoengraving

  • PCB Milling

  • Others

  1. Printed Circuit Board Market by Components

  • Capacitors

  • Diodes

  • Integrated Circuits

  • Resistors

  • Others

  1. Printed Circuit Board Market – By Materials Used

  • Copper

  • Iron

  • Tin

  • Nickel

  • Lead

  • Aluminium

  • Zic

  • Silver

  • Gold

  • Palladium

  • Bismuth

  • Chromium

  1. Printed Circuit Board Market – By End – Use Applications

    1. Healthcare

      1. Monitoring

      2. Surgical

      3. Manufacturing

      4. Others

    2. Automotive

      1. Safety Devices & Systems

      2. Navigation

      3. Entertainment Systems

      4. Internal Systems

        1. Engine Control

        2. Chassis

        3. Instrument Plan

        4. Others

    3. Industrial Electronics

      1. Machine Tools

      2. Robotics

      3. Wireless Communication Devices

      4. Power Backup & Monitoring Devices

      5. Sensors & Monitoring Systems

      6. Digital Cameras

      7. Data Storage & Handling

        1. Laptops

        2. Desktops

        3. Printers

        4. Scanners

      8. Others

    4. Aerospace & Defense

      1. Avionics

      2. Weapon Systems

      3. Communication Systems

      4. Others

    5. Consumer Electronics

      1. Data Storage & Handling

        1. Laptops

        2. Printers

        3. Scanners

      2. Mobile Products

      3. Audio & Video

        1. Television

        2. Set-top Boxes

        3. Digital Cameras

        4. Others

      4. Home Appliances

      5. Others

    6. Maritime Transport

      1. Commercial Ships

        1. Cargo

          1. Bulk Carriers

          2. Container Ships

          3. Tankers

          4. Refrigerated Ships

        2. Passenger

          1. Ferries

          2. Cruise Ships

          3. Ocean Liners

    7. Naval Vessels

    8. Fishing Ships

    9. Weather Ships

    10. Others

  2. Printed Circuit Boards by Geography (covers 14+ countries)

  3. Printed Circuit Boards Market Entropy

  4. Companies Citied / Interviewed

  • Nippon Mektron (NOK)

  • TTM Technologies

  • Young Poong Corporation

  • Sumitomo Electric Industries

  • Samsung Electronics

  • Ibiden

  • Tripod technology Corporation

  • Zhen Ding Tech

  • Unimicron Corporation

  • Compeq Co., Ltd

  • Company 11

  • Company 12

  • Company 13

  • Company 14

  • Company 15

Related Report:

  1. Printed Circuit Board Assembly Market

  1. PCB Design Software Product Market

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Mr. Venkat Reddy

Sales Manager

Email : sales@industryarc.com

Contact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

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