Printed Circuit Board Market Report 2023-2028 | Industry Size, Share, Forecast

Global Printed Circuit Board Market Overview 2023-2028

The global printed circuit board market size reached US$ 67.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 87.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.

A printed circuit board (PCB) is a level surface that functions as a base for installing and linking electronic components. Constructed from insulating layers, like fiberglass, it features conductive paths that are either etched or printed onto its surface. The PCB possesses a sophisticated layout, necessitating dedicated software for design and circuitry organization. Its production can be achieved using diverse techniques, such as etching, laser cutting, or laminating. PCBs find application in a wide array of electronic devices, ranging from computers and smartphones to household appliances.

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Global Printed Circuit Board Market Trends and Drivers:

The global market is experiencing significant growth, largely attributed to the increasing utilization of PCBs in a variety of sectors. In the medical field, PCBs are now integral components of advanced devices like magnetic resonance imaging (MRI) machines, pacemakers, and ultrasonic equipment, driving market expansion. Additionally, the automotive industry extensively utilizes PCBs to produce crucial components for engine control units, airbag deployment, and global positioning system (GPS) navigation. The market is further stimulated by the growing sales of electric, autonomous, and luxury vehicles. Furthermore, the telecommunication sector contributes to this growth as well, with the rising adoption of PCBs in essential network equipment such as routers, switches, and antennas. Another notable factor is the expanding use of PCBs in control systems for machinery within various industries like manufacturing, packaging, and food processing, amplifying market growth.

Global Printed Circuit Board Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Advanced Circuits Inc.
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
Becker & Müller Circuit Printing GmbH
Jabil Inc.
Murrietta Circuits
Nippon Mektron Ltd. (NOK Corporation)
Sumitomo Corporation
TTM Technologies Inc.
Unimicron Technology Corporation (United Microelectronics Corporation)
Würth Elektronik GmbH & Co. KG (Würth Group)
Zhen Ding Technology Holding Limited

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The report segmented the market on the basis of region, type, substrate and end use industry.

Breakup by Type:

Single-Sided
Double-Sided
Multi-Layer
HDI

Breakup by Substrate:

Rigid
Flexible
Rigid-Flex

Breakup by End Use Industry:

Industrial Electronics
Healthcare
Aerospace and Defense
Automotive
IT and Telecom
Consumer Electronics
Others

Breakup By Regions:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.