Printed Circuit Board Market 2021 Analysis by Global Manufacturers - TTM Technologies, Nippon Mektron Ltd, Samsung Electro-Mechanics, Unimicron Technology Corporation

Global Printed Circuit Board Market Size and Forecast to 2021 – 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Printed Circuit Board data that enhances the understanding, scope, and application of this report.

The global printed circuit board market is expected to grow from $50.88 billion in 2020 to $54.30 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $68.38 billion in 2025 at a CAGR of 5.9%.

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The study includes market share analysis and profiles of players such as TTM Technologies, Nippon Mektron Ltd, Samsung Electro-Mechanics, Unimicron Technology Corporation, Advanced Circuits, Tripod Technology Corporation, DAEDUCK ELECTRONICS Co.Ltd., Flex Ltd., Eltek Ltd, Sumitomo Electric Industries, Dongshan Precision, and Zhen Ding Technology Holding Limited (ZDT).

Market Overview:

The printed circuit board market consists of sales of printed circuit boards by entities (organizations, sole traders, and partnerships) that are used to connect electronic and electrical components without the use of wires. Printed circuit boards are electric boards, which help wiring surface-mounted and socketed components that are contained within a mechanical structure in most electronics. Their primary function is to physically support and electrically attach electronic devices by printing conductive pathways, tracks, or signal traces on copper sheets attached to a non-conductive substrate.

The main types of printed circuit boards are single-sided, double-sided, multi-layered, high density interconnect (HDI), and others. The single-sided PCBs are made out of a single layer of base material where the conductive copper and components are mounted on one side of the board and the conductive wiring is connected on the other side. The different substrates include rigid, flexible, rigid-flex and consist of various laminate types such as paper, FR-4, polyimide, others. The printed circuit boards are used by various end-use industries such as industrial electronics, healthcare, aerospace & defense, automotive, IT and telecom, consumer electronics, and others.

The increasing electric vehicle sales are expected to propel the growth of the printed circuit board market in the forecast period. Electric vehicles (EVs) are those that are powered entirely or partially by electricity. Printed circuit boards (PCBs) are used to connect electrical components in electric vehicles, such as simple audio and display systems. PCBs are also used in the production of charging stations, which allow electric vehicle users to charge their vehicles. For instance, according to Bloomberg New Energy Finance (BNEF), a UK-based company that provides analysis, statistics, and news on the energy sector's transition, EVs is predicted to account for 10% of worldwide passenger car sales by 2025, growing to 28% in 2030 and 58% in 2040.

Industry News:

In 2019, Jive Materials, a UK-based company that develops PCBs launched Soluboard, a non-hazardous and completely biodegradable water-soluble printed circuit board (PCB) made from flax fiber. The PCB provides a more effective recycling process, allowing even less expensive electronic items to be recycled.

In July 2020, Summit Interconnect, Inc., a US-based manufacturer of printed circuit boards acquired ITL Circuits for an undisclosed amount. Through this acquisition, ITL Circuits provides a significant expansion of Summit’s operations in North America. ITL Circuits is a Canada-based manufacturer of printed circuit boards.

Market Scope:

By Type:  Single Sided; Double Sided; Multi-Layer; High Density Interconnect (HDI); Others

By Application: Industrial Electronics; Healthcare; Aerospace And Defense; Automotive; IT And Telecom; Consumer Electronics; Others

Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/11103735661/printed-circuit-board-global-market-report-2021-covid-19-growth-and-change-including-1-by-type-single-sided-double-sided-multi-layer-high-density-interconnect-hdi-others-2-by-substrate-rigid-flexible-rigid-flex-3-by-laminate-type-paper-fr-4-polymide-others-4-by-end-use-industry-industrial-electronics-healthcare-aerospace-and-defense-automotive-it-and-telecom-consumer-electronics-others-covering-ttm-technologies-nippon-mektron-ltd-samsung-electro-mechanics-unimicron-technology-corporation-advanced-circuits?Mode=KD      

Asia Pacific was the largest region in the printed circuit board market in 2020. Asia Pacific is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Printed Circuit Board market.

The study objectives of this report are:

To study and analyze the global Printed Circuit Board size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2023, and forecast to 2024.
To understand the structure of Printed Circuit Board by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Printed Circuit Board manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Printed Circuit Board with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Printed Circuit Board submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points Covered in Table of Contents:

– Overview of Printed Circuit Board Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

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