Press release
Automotive PCB Market Size Worth $14.3 Billion By 2026 | Industry Players: Delphi Automotive, Meiko Electronics, Tripod Technology, CMK Corporation, KCE Electronics and Others
The global Automotive PCB Market is anticipated to reach US$ 14.3 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the passenger vehicles segment accounted for the highest Automotive PCB market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Automotive PCB market revenue in 2017.The increase in the population worldwide and growth in global automotive industry majorly drives the Automotive PCB market growth. The increasing need for road safety, and growing demand for vehicles from emerging economies boost the Automotive PCB market growth. The rising penetration of electric and hybrid vehicles, growth in the demand for luxury, comfortable, and technologically advanced vehicles, and introduction of stringent government regulations regarding vehicular safety and emissions accelerate the growth of the Automotive PCB market. New emerging markets, and technological advancements would provide growth opportunities in the Automotive PCB market in the coming years.
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The well-known companies profiled in the Automotive PCB market report include Nippon Mektron, Samsung Electro-Mechanics, Delphi Automotive, Meiko Electronics, Tripod Technology, CMK Corporation, KCE Electronics, Unimicron Technolog, Daeduck Electronics, and Chin Poon Industrial among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The demand for multilayer PCB has increased significantly over the years. The multilayer PCB has more than two layers, and at least three conductive layers of copper. This PCB is used in complex and large electrical tasks in very low space and compact circuit. The multilayer PCB is used in a wide range of applications like GPS technology, communication system, and data storage. Double layer PCB has a thin layer of conducting material on the top and bottom sides of the board. This PCB offers higher flexibility, reduced size, and relatively lower cost. The double layer PCB is used in controls, converter, HVAC application, and Power monitoring systems.
Asia-Pacific generated the highest Automotive PCB market share in terms of revenue in 2017. The growing urbanization, and rising population has accelerated the Automotive PCB market growth in the region. The introduction of stringent government regulations regarding vehicular safety and growing penetration of electric and hybrid vehicles accelerates the adoption of automotive PCB in the region. The strong growth in the automotive industry, technological advancements, and high investment in R&D are factors expected to drive the automotive PCB market growth in the region. The economic growth in countries such as China, Japan, and India, rising living standards and growing disposable income further increases the demand of automobiles in the region. Expansion of global players into these countries to tap market potential boosts the growth of the automotive PCB market. Technological advancements and established R&D institutes in China and Japan further supplements the Automotive PCB market growth.
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Polaris Market Research has segmented the Global Automotive PCB market on the basis of Type, Application, Vehicles Type, Fuel Type, Sales Channel, And Region:
Automotive PCB Market Size and Forecast, 2018-2026 by Type
• Single-Sided PCB
• Double-Sided PCB
• Multi-Layer PCB
Automotive PCB Market Size and Forecast, 2018-2026 by Vehicle Type
• Passenger Vehicles
• Commercial Vehicles
Automotive PCB Market Size and Forecast, 2018-2026 by Application
• Powertrain
• Body and Lighting
• Infotainment
• ADAS and Safety
• Others
Automotive PCB Market Size and Forecast, 2018-2026 by Fuel Type
• Internal Combustion Engine
• Hybrid
• Electric
Automotive PCB Market Size and Forecast, 2018-2026 by Sales Channel
• OEM
• Aftermarket
Automotive PCB Market Size and Forecast, 2018-2026 by Region
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Netherlands
• Belgium
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Korea
• Malaysia
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
• Rest of Middle East
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
Contact us-
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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