Press release
Europe Printed Circuit Board Market 2021 Business Scenario - Jabil Inc., Aspocomp Group PLC, KSG GmbH, Benchmark Electronics Inc., Wurth Group (Wurth Group)
The Europe Printed Circuit Board Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Europe Printed Circuit Board market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Europe Printed Circuit Board market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Europe Printed Circuit Board market.The Europe Printed Circuit Board Market was valued at USD 1872.8 million in 2020, and it is expected to reach USD 2049.11 million by 2026, registering a CAGR of 1.53% during the period (2021 - 2026).
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Top Leading Companies of Europe Printed Circuit Board Market are - Jabil Inc., Aspocomp Group PLC, KSG GmbH, Benchmark Electronics Inc., LeitOn GmbH, Micro Circuit Technology GmbH, Becker & Müller Schaltungsdruck GmbH, AT&S Austria Technologies & Systemtechnik AG, MEKTEC Europe GmbH (Nippon Mektron Ltd), Unimicron Technology Corporation, Sumitomo Electric Industries Ltd (Sumitomo Corporation) and others.
Industry News and Updates:
- Jun 2020 - The company received a total of EUR 1.35 million as a part of development support from the ELY Center for the implementation of the second phase of its Oulu plant. The company planned to increase the capacity, improve automation, and increase the production efficiency of the Oulu plant.
- Jan 2020 - Rohde & Schwarz signed a strategic agreement with Benchmark Electronics Inc. to increase its manufacturing capabilities. This agreement is expected to help Rohde & Schwarz to quickly and reliably meet the increasing demand for its products.
Key Market Trends:
Automotive Segment is Expected to Hold Significant Market Share
- The market demand for PCBs in the European Automotive industry is mainly being driven by the adoption of several technologies, like ADAS systems. Over the last decade, the E.U. institutions have played an active role in promoting ADAS policy and research.
- Moreover, according to the European Free Trade Association (EFTA), registrations of electric cars in Europe jumped 57.4% in the first quarter of 2020. As the electric vehicles primarily constitute motor controller circuitry built on PCBs, it is further expected to drive their demand in the foreseen period.
Healthcare Segment to Witness Significant Growth
- With the healthcare sector witnessing advanced inventions, like wearables, board cameras, and blood pressure monitors, the PCBs used in their circuitry, help by subsequently giving an accurate data for diagnosis, health stats of patients, and keeping up with health progress or emerging health issues.
- Through applications, like Polar Grit X, which help doctors keep a tab on their patient's health, the major component of these devices is PCBs. Therefore, PCBs are significantly contributing to the European healthcare industry, making the creation of these medical devices highly possible.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Europe Printed Circuit Board Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Europe Printed Circuit Board Market (%),2016 - 2026
- Europe Printed Circuit Board Market Share, By Brand
- Europe Printed Circuit Board Market Share, By Company
- Europe Printed Circuit Board Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Europe Printed Circuit Board Market Value Analysis & Forecast
- Promising Europe Printed Circuit Board Development by Major Companies
- Detailed Europe Printed Circuit Board Portfolio of the Major Companies
- Major Deals in the Europe Printed Circuit Board Market
- Major Companies Analysis
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About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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