Press release
Substrate-Like PCB Market to Reach Over $4 Billion by 2028
With the use of substrate-like PCBs, more space can be occupied by the battery in a smartphone as it allows for thinner connections between critical components such as DRAM and application processor. Moreover, even modern vehicles are equipped with substrate-like PCBs with wired and wireless technologies. With such systems, driver can unlock the vehicle, remotely monitor climate control systems, check the battery status, and track the car using a smartphone.The demand for consumer electronics such as smartphones, tablets, smart bands, fitness bands, and other wearable is propelling worldwide. The rising uptake of substrate-like PCBs by smartphone manufacturers such as Apple and Samsung and investment in product development by key players are fueling the PCB market growth. In 2020, Apple launched two 'iPhone SE 2' models, integrating a 10-layer substrate-like PCB for their motherboard
According to The Insight Partners' research, the global substrate-like PCB market accounted for US$ 1,247.8 million in 2020 and is anticipated to reach US$ 4,718.6 million by 2028 to spur at an annual growth rate of 17.8% from 2021 to 2028. Rising demand for substrate-like PCBs in consumer electronics & automotive industry and miniaturization & modularization of PCBs in consumer electronics are the critical factors accelerating the market expansion.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.theinsightpartners.com/sample/TIPRE00014544?utm_source=OpenPR&utm_medium=10051
The prominent players profiled in the global substrate-like PCB market report are Compaq Manufacturing Co., Ltd; Daeduck Electronics Co., Ltd.; Ibiden Co, Ltd; Kinsus Interconnect Technology; Samsung Electro-Mechanics Co, Ltd; AT&S Austria Technologie & Systemtechnik Aktiengesellschaft; Zhen Ding Tech. Group Technology Holding Limited; Technologies Inc; Korea Circuit; and Unimicron Technology Corp.
• In July 2021, Ibiden Co was selected for FTSE4good index series for the sixth consecutive year and FTSE blossom Japan index for the fifth year in a row. These indices are designed to measure company's performance demonstrating strong ESG practices.
• In December 2021, Samsung Electro-Mechanics announced that it would invest a total of US$ 850 million in Vietnamese production plant by 2023 to build manufacturing facilities and infrastructure for semiconductor package substrates.
• In October 2021, AT&S entailed project information about company's plan to invest in a state-of-the-art facility for IC substrates at the Kulim Hi-Tech Park, Kedah, Malaysia. This development will affirm the company's position as a major manufacturing hub in APAC.
With the demand for portable electronics in the market, it is expected that the electronic modules and devices must prioritize size and weight reduction and provide reliable signal integrity. Miniaturized components need to be arranged within a limited dimension, which is not feasible in a conventional printed circuit board. Hence, manufacturers prefer deploying substrate-like printed circuit boards that allows proper miniaturization of electronic components. With the rising trend of IoT (internet of things), 5G, and smart cars, it becomes essential for the PCB to be miniaturized with a powerful substrate. Thus, the demand for miniaturized PCBs with the elements mentioned above fosters the global substrate-like PCB market.
Click here to avail lucrative discounts on our latest reports. We offer student, enterprise, and special periodic discounts to our clientele. Please fill the inquiry form below to know more - https://www.theinsightpartners.com/discount/TIPRE00014544?utm_source=OpenPR&utm_medium=10051
On the other hand, the fluctuating prices of raw material impede the growth of global substrate-like PCB market.
Based on line/space, the market is split into 25/25 & 30/30 μm (micrometer) and less than 25/25 μm. The 25/25 & 30/30 μm segment led the domain with 91.8% market share in 2020. It was valued at US$ 1,145.0 million in 2020 and is projected to generate US$ 4,070.5 million by 2028 to expand at 16.9% CAGR during 2021-2028.
As per inspection technology, the substrate-like PCB market sphere is categorized into automated optical inspection, direct imaging, and automated optical shaping. The automated optical inspection segment held 64.4% market share in 2020. It was assessed at US$ 803.5 million in 2020 and is speculated to garner US$ 2,593.2 million by 2028 to rise at 16.1% CAGR along the forecast period.
According to application, the global substrate-like PCB market is segmented into consumer electronics, automotive, medical, industrial, and others. With 97.5% market share, the consumer electronics segment dominated the business in 2020. It amassed US$ 1,218.9 million in 2020 and is slated to accrue US$ 4,512.3 million by 2028 to grow at 17.5% CAGR throughout the forecast period.
Our regional analysis states that the Asia Pacific market captured 78.2% share of the business in 2020 with a revenue total of US$ 975.3 million. It is projected to hit US$ 3,922.8 million by 2028 to surge at the highest CAGR of 18.7% over the forecast period.
Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods - https://www.theinsightpartners.com/buy/TIPRE00014544?utm_source=OpenPR&utm_medium=10051
Email: sales@theinsightpartners.com
Phone : +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Substrate-Like PCB Market to Reach Over $4 Billion by 2028 here
News-ID: 2740258 • Views: …
More Releases from The Insight Partners

Current Transformer Market is expected to grow a CAGR of 6.1% from 2025 to 2031
The Global Current Transformer Market 2031 that centers around Current Transformer Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint.
To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00027549/?utm_source=OpenPR&utm_medium=10607
(Our SAMPLE COPY of the report offers a quick…

Healthy Eating Revolution Boosts Packaged Salad Dressings Market Growth Through …
New York, US - October 06, 2025 -The Packaged Salad Dressings market is entering a period of dynamic innovation and expansion, with consumers seeking healthier, flavorful, and convenient dressing options. The market is expected to register steady growth from 2025 to 2031, fueled by evolving consumer preferences and distribution innovations.
As more people globally adopt salads and healthy eating habits, demand for packaged dressings such as vinaigrette, ranch, balsamic, honey mustard,…

High Flow Oxygen Therapy Devices Market Size, Growth Status and Better Investmen …
The Insight Partners analysts forecasts the latest report on "Global High Flow Oxygen Therapy Devices Market (Covid-19) Impact and Analysis by 2031", according to report; The High Flow Oxygen Therapy Devices Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the High Flow Oxygen Therapy Devices…

Motor Protection Market Set for Robust Growth by 2031
The Insight Partners has published its latest research titled"Motor Protection Market Share, Size, Trends, and Forecast by 2031." The report projects consistent growth in the global motor protection market, fueled by increasing industrialization, advances in smart technologies, and tighter safety regulations. With growing infrastructure initiatives and the rise of intelligent systems, the market is poised for significant expansion in terms of size, market share, and innovation through 2031.
Check valuable insights…
More Releases for PCB
Victory PCB Expands Global Reach with Industry-Leading PCB Manufacturing & Assem …
Image: https://www.abnewswire.com/upload/2025/06/aa56d146ab76e34a4f335137dad3dd49.jpg
Victory PCB [https://www.victorypcb.com/], a global leader in printed circuit board (PCB) manufacturing and assembly, continues to set new benchmarks in high-quality PCB production, fast delivery, and customer service excellence. With a legacy of 19 years of innovation and precision manufacturing, Victory PCB is powering the next generation of industries, from automotive and medical equipment to aerospace and advanced communication devices.
Located in the heart of Shenzhen's modern Industrial Park, Victory…
Victory PCB: Pioneering Excellence in Global PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/fabf105f8930f331e50cb1ca439637fe.jpg
Victory PCB [https://www.victorypcb.com/] is a renowned global manufacturer of PCBs and assembly services, recognized worldwide for its exceptional precision, innovation, and commitment to quality. With a client base exceeding thousands across various sectors, including automotive, aerospace, medical, industrial automation, and communication technologies, PCB solutions are tailored to meet each client's needs.
With centers covering as much as 30,000 square meters, Victory PCB employs over 450 staff dedicated to producing high-quality…
Victory PCB: Redefining Global Excellence in PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/986e29984b844645f2a99a0a5e93a4c8.jpg
Having almost 20 years of expertise in producing and assembling printed circuit boards (PCBs), Victory PCB has established a solid reputation for providing high quality products, creative solutions, and consistent customer satisfaction. Victory PCB [https://www.victorypcb.com/], located in a contemporary 30,000-square-meter facility within Shenzhen's tech district, merges deep expertise with cutting-edge technology to manufacture products that bolster top industries worldwide. Relying on more than 1,000 clients and 80% of its…
Victory PCB Emerges as a Global Leader in PCB Manufacturing
Victory PCB has been delivering custom PCB solutions to global customers since 2005.
Image: https://www.abnewswire.com/uploads/3daf3e2d61300e7406f7fb61c56726fc.png
Victory PCB [https://www.victorypcb.com/], a professional printed circuit board (PCB) manufacturer established in 2005, is setting new standards in the global electronics industry with its commitment to top-quality, high-precision, and high-density PCB solutions. The solutions offered by Victory PCB, which exports 80% of its products worldwide, bridge the gap between concept and reality for clients in a variety…
PCB Ceramic Substrate Market Size, Share and Forecast By Key Players-Panda PCB T …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global PCB Ceramic Substrate market is anticipated to grow at a compound annual growth rate (CAGR) of 13.62% between 2024 and 2031. The market is expected to grow to USD 21.58 Billion by 2024. The valuation is expected to reach USD 52.73 Billion by 2031.
The PCB ceramic substrate market is experiencing robust growth, fueled by the rising demand…
Victory PCB: Leading the Way in High-Quality PCB Manufacturing and Assembly Serv …
Image: https://www.abnewswire.com/uploads/f5969834209751bb72016f135de749db.png
Victory PCB, a professional PCB manufacturer [https://www.victorypcb.com/], has emerged as the leading specialized manufacturer for multiple species, small to medium series, and quick turn production, with a focus on providing 3Hs (high quality, high precision and high density). With a total plant area of 30,000sq.m, their monthly capability currently stands at 60,000sq.m with 3000 parts.
Serving more than 1000 customer groups, the company is a leading manufacturer of 1-16L layer…