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Automotive PCB Market 2023 - Size, Share, Segments, Data, Growth, And Forecast
Automotive PCB Market
The Business Research Company's Automotive PCB Global Market Report 2023 identifies rise in demand for hybrid electric vehicles and battery-operated electric vehicles is expected to propel the growth of the automotive PCB market. PCBs play a major role in the automotive industry, as they are essential for the functionality of sensors and other components in the automobile. The growing sales of electric vehicles and battery-operated electric vehicles are directly impacting the demand for automotive PCBs.
The global automotive PCB market size grew from $8.7 billion in 2022 to $9.42 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The market size of the automotive PCB is expected to grow to $13.08 billion in 2027 at a CAGR of 8.5%.
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Major competitors in the automotive PCB market are Amitron Corp, Chin Poon Industrial Co. Ltd., CMK Corporation, Daeduck Electronics, KCE Electronics, Meiko Electronics Co. Ltd., Nippon Mektron Ltd., Samsung Electro-Mechanics, Tripod Technologies, TTM Technologies, Unimicron, AT & S Austria Technologies & Systemtechnik Aktiengesellschaft, and Delphi.
The rise in adoption of Advanced Driver Assistance Systems (ADAS) is one of the key trends in the automotive PCB market. The use of PCB in ADAS systems is expected to grow significantly going forward, and companies are focusing on expanding the capacity of automotive PCB to meet the rising demand for ADAS technologies.
Read More On The Global Automotive PCB Market Report Here:
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The automotive PCB market is segmented -
• By Type: Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB
• By Vehicle Type: Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Internal Combustion Engine (ICE) Vehicles
• By Application: ADAS and Basic Safety, Body, Comfort, and Vehicle Lighting, Infotainment Components, Powertrain Components
• By End User: Economic Light Duty Vehicles, Luxury Light Duty Vehicles, Mid-Priced Light Duty Vehicles
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the automotive PCB market.
The Business Research Company's "Global Automotive PCB Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive PCB Market Include:
1. Automotive PCB Market Executive Summary
2. Automotive PCB Market Segments
3. Automotive PCB Market Size And Automotive PCB Market Growth Rate
4. Key Automotive PCB Market Trends
5. Major Automotive PCB Market Drivers
……
25. Key Mergers And Acquisitions In The Automotive PCB Market
26. Top Automotive PCB Companies
27. Automotive PCB Market Opportunities And Strategies
28. Automotive PCB Market, Conclusions And Recommendations
29. Appendix
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