openPR Logo
Press release

Asia-Pacific PCB Compression Molding Press Market to Grow at a CAGR of 4.0% from 2023-2031, reaching US$ 59.7 million: TMR Study

12-08-2023 07:37 PM CET | Industry, Real Estate & Construction

Press release from: Transparency Market Research

Asia-Pacific PCB Compression Molding Press Market

Asia-Pacific PCB Compression Molding Press Market

The Asia Pacific PCB compression molding press market is poised for significant growth, driven by key factors such as the increasing adoption of automation in various industries and the growing trend of miniaturization in electronic devices. This research report explores the dynamics and trends that are shaping the future of the PCB compression molding press market in the Asia Pacific region.

Market Overview:
PCB compression molding presses play a crucial role in creating durable and consistent printed circuit boards (PCBs). These specialized machines, designed to handle large and complex PCBs, utilize a combination of pressure, heat, and time to produce different types of PCBs, including single-sided, double-sided, multi-layer, and rigid-flexible boards. The market is witnessing a surge in demand due to the rise in automation across industries and the trend of miniaturization in electronic devices.

Get Free Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85587

Key Market Drivers:
Rise in Adoption of Automation:
The Asia Pacific region is experiencing steady market growth attributed to the increased adoption of automation in various end-use industries.
PCB compression molding presses are essential for producing fully molded modules, particularly in the automotive and medical sectors.
The demand for plastic molded electronic components in automotive applications is driving the market, with automation offering benefits such as improved efficiency, higher productivity, and cost savings.

Growth in Trend of Miniaturization:
Miniaturization is a prominent trend in the electronics industry, fueled by the demand for smaller and more efficient electronic devices.
PCB compression molding presses enable manufacturers to compress PCB material into three-dimensional shapes, reducing the overall size of electronic devices while maintaining functionality.
Advanced technologies like 3D printing and 5-axis machining are further contributing to the demand for PCB compression molding presses.

Integration of Smart Features:
Advances in technology have led to the integration of smart features in PCB compression molding presses.
Smart presses enable real-time monitoring, predictive maintenance, and data-driven decision-making in smart factory environments.
Manufacturers seek presses that enhance efficiency, reduce downtime, and offer flexibility for customization to meet specific production requirements.

Market Trends:
Country-wise Outlook:
China dominates the Asia Pacific PCB compression molding press market, accounting for a significant share of the region's output value.
Rapid development in 5G, big data, artificial intelligence, and the Internet of Things (IoT) contributes to China's market dominance.
The market in India is expected to expand rapidly, driven by technology transitions such as the rollout of 5G networks and IoT.

Key Players and Business Strategies:
Prominent players in the Asia Pacific market include Ashirvad Industries, Guangdong Zhengye Technology Co., Ltd., and The Japan Steel Works, LTD., among others.

Key business strategies include investments in research and development, product expansions, and mergers and acquisitions to maintain competitiveness.
The market is highly competitive, with various regional players contributing to the industry's growth.

The Asia Pacific PCB compression molding press market is on a trajectory of steady growth, propelled by the increased adoption of automation and the trend of miniaturization. As technology continues to advance, the integration of smart features in these presses is expected to further enhance efficiency and contribute to the overall expansion of the market. Key players adopting robust business strategies are positioned to capitalize on the growing demand for reliable and technologically advanced PCB compression molding presses in the region.

Buy Now: https://www.transparencymarketresearch.com/checkout.php?rep_id=85587<ype=S.

Related Reports
Mechanical Mine Clearance System Market - https://www.globenewswire.com/en/news-release/2023/07/19/2707232/32656/en/Mechanical-Mine-Clearance-System-Market-Size-to-Hit-US-73-9-Mn-by-2031-To-Grow-at-a-CAGR-of-4-5-Exclusive-Study-by-Transparency-Market-Research.html

Concrete Mixer Market - https://www.globenewswire.com/en/news-release/2023/07/24/2709509/32656/en/Concrete-Mixer-Market-to-Exceed-USD-5-2-Bn-Globally-by-2031-Registering-at-a-CAGR-of-6-0-Says-Transparency-Market-Research.html

About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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 Asia-Pacific PCB Compression Molding Press Market to Grow at a CAGR of 4.0% from 2023-2031, reaching US$ 59.7 million: TMR Study here

News-ID: 3321342 • Views:

More Releases from Transparency Market Research

Global Autonomous Train Technology Market Forecast 2023-2031 - Market Size, Drivers, Trends, And Competitors
Global Autonomous Train Technology Market Forecast 2023-2031 - Market Size, Driv …
The autonomous train technology market is poised for substantial growth, reflecting a paradigm shift in the global transportation landscape. Valued at US$ 1.9 billion in 2022, the market is anticipated to witness a robust CAGR of 6.4%, reaching US$ 3.4 billion by 2031. This surge is attributed to key factors such as increased investments in railway infrastructure and the growing demand for reliable, sustainable, and energy-efficient transport systems. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚
Automotive Braking Component Market Size, Share And Growth Analysis For 2023-2031
Automotive Braking Component Market Size, Share And Growth Analysis For 2023-203 …
The global automotive braking component industry, valued at US$ 47.9 billion in 2022, is poised for significant growth, with an estimated Compound Annual Growth Rate (CAGR) of 4.0% from 2023 to 2031. Projections suggest that the market will reach US$ 68.3 billion by the end of 2031. This robust expansion is attributed to several key factors, including the surge in automotive production and vehicle ownership, advancements in safety technologies, and
Internet of Things (IoT) in Healthcare Market 2022: Industry Analysis, Size, Sha …
The Integration of Internet of Things (Iot) has emerged as a transformative force, catalyzing unprecedented advancements in patient care, operational efficiency, and overall healthcare outcomes. According to the latest market report, the IoT in Healthcare market was valued at a staggering US$ 91.71 billion in 2021 and is projected to exhibit a remarkable CAGR of 21.8% from 2022 to 2031, ultimately reaching an estimated value of US$ 648.94 billion by
Property Management Software Market Analysis, Size, Share, Growth, Trends, and F …
The Property Management Software Market is emerging as a key player in reshaping the way real estate is managed and optimized. According to recent press releases, the global property management software market was valued at an impressive US$ 14.89 billion in 2021, and projections indicate a robust compound annual growth rate (CAGR) of 8.21% from 2022 to 2031. This momentum is expected to catapult the market to a staggering US$

All 5 Releases


More Releases for PCB

PTFE PCB (Teflon PCB) Market 2022:Key Market Insights, Drivers And Restraints, O …
QY Research has recently published a new report, titled Global PTFE PCB (Teflon PCB) Market Research Report 2022. The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the PTFE PCB (Teflon PCB) market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global PTFE PCB (Teflon
Automotive PCB Relays Market Forecast Report on Automotive PCB Relays Market 202 …
The report published on the global Automotive PCB Relays market is a comprehensive analysis of a variety of factors that are prevalent in the Automotive PCB Relays market. An industrial overview of the global market is provided along with the market growth hoped to be achieved with the products that are sold.  Major companies who occupy a large market share and the different products sold by them in the global market are
PCB Laminate Market 2028 | Ibiden Co., Ltd., Nan Ya PCB Co., Ltd., Shenzhen Kinw …
Electronic systems have undergone tremendous transformation over the years on the coattails of rising demand for improved performance and better functionality in these systems. Today, printed circuit boards (PCBs) have become the foundation of majority of electronic products and their applications continue to grow well. PCBs have conductive pathways etched with copper sheets which are laminated to ensure that they do not conduct a signal or current. Get Sample Copy of
PCB Laminate Market | Ibiden Co., Ltd., Nan Ya PCB Co., Ltd., Shenzhen Kinwong E …
Electronic systems have undergone tremendous transformation over the years on the coattails of rising demand for improved performance and better functionality in these systems. Today, printed circuit boards (PCBs) have become the foundation of majority of electronic products and their applications continue to grow well. PCBs have conductive pathways etched with copper sheets which are laminated to ensure that they do not conduct a signal or current. Get Brochure of the
The maestros amongst PCB separators
- cab from May 7 to 9, 2019, on-site at the SMTconnect in Nuremberg displays solutions for PCB separation and transport, laser marking, label printing and labeling. Precise separation In the field of PCB separation, devices of the MAESTRO series cut pre-scored PCB of different lengths and materials. Only 33 cm in height, 20 cm in width and 62 cm in depth, the compact MAESTRO 2M requires little footprint. A motor
Global PCB & PCBA Market 2017 - Ibiden, ZDT, Tripod, TTM, SEI, Viasystems, Nanya …
This report studies PCB & PCBA in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Nippon Mektron Unimicron SEMCO Young Poong Group Ibiden ZDT By types, the market can be split into Rigid 1-2Sided Standard Multilayer HDI IC Substrate Flexible