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Printed Circuit Board Market Research Report, Key Insights, Growth Strategies, Major Players Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Printed Circuit Board Market Size, Growth Rate, And Forecast
The global printed circuit board market size grew from $62.18 billion in 2022 to $69.6 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The printed circuit board market size is expected to grow to $104.99 billion in 2027 at a CAGR of 10.8%.
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Printed Circuit Board Market Drivers
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.
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Printed Circuit Board Market Segments
1) By Type: Single Sided, Double Sided, Multi-Layer, High Density Interconnect (HDI), Other Types
2) By Substrate: Rigid, Flexible, Rigid-Flex
3) By Laminate Type: Paper, FR-4, Polymide, Other Laminate Types
4) By End-Use Industry: Industrial Electronics, Healthcare, Aerospace And Defense, Automotive, IT And Telecom, Consumer Electronics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacifc was the largest region in the Printed Circuit Board market.
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Printed Circuit Board Market Key Players
Major competitors in the Printed Circuit Board market include TTM Technologies, Nippon Mektron Ltd., Samsung Electro-Mechanics, Unimicron Technology Corporation, Advanced Circuits
The Table Of Content For The Printed Circuit Board Market Include:
1. Executive Summary
2. Printed Circuit Board Market Characteristics
3. Printed Circuit Board Market Trends And Strategies
4. Printed Circuit Board Market - Macro Economic Scenario
5. Printed Circuit Board Market Size And Growth
……
27. Printed Circuit Board Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Printed Circuit Board Market
29. Printed Circuit Board Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Printed Circuit Board Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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