Press release
Beige Market Intelligence Identifies Top 5 Leading Vendors in Automotive PCB Market
Automotive PCB - Market Research by Beige Market Intelligence
The Automotive PCB market is concentrated with the top five players accounting close to half of the automotive PCB market. Most of the top players are concentrated in Asian countries such as Japan, China, South Korea and Taiwan.
Due to the complex nature of the automotive industry, most of the PCB manufacturers catering to the automotive industry are constantly under high-cost restrictions and pressure from the OEMs ant tire-1 suppliers which forces PCB manufacturers to operate in strict margins and with little scope of operational inefficiencies. Although, automotive industry promises volumes, but the profitability is under doubt due to high-cost pressure. Hence, numerous players manufacturing automotive grade PCBs are focusing on further exploring means to reduce the cost of production at the same time, comply with the standards set by automotive OEMs.
Players in the automotive PCB market are exploring the option of inorganic growth, especially in the developed regions such as Europe and US. Players are tapping into the growth opportunities through M&A due to the lower growth in demand for automotive due to economic recession in Europe.
TTM Technologies
TTM Technologies was founded in 1998 and is headquartered in California, US. It is one of the leading providers of PCB products and backplane assemblies used in electronic components. The products of the company include HDI PBC, conventional PCB, flexible PCB, rigid- flex PCB, backplane assemblies, and IC substrates. These products are used in computer peripherals, communications equipment, cell phones, capacitors, resistors, diodes, and other electronic components and services (QTA services)
Watch out for TTM Technologies: TTM expects to strengthen its position in the automotive end market through the acquisition of Viasystems which has significant experience in automotive market especially in the field of engine controls, sensors and safety systems.
Chin Poon
Chin Poon Industrial established in 1979 and based out of Taiwan. They are the company designs and manufacturers PCBs for automotive, consumer electronics, healthcare, telecommunications and information technology. The company has a strong client base, a few of them are Continental AG, Herman Becker, Bosch, LG, and Hitachi.
Watch out for Chin Poon: The Company has been strong in the high-volume single and double layer PCBs. However, they are focusing on developing skills and expertise required for high-end PCB production. May eat some market share of established players.
To download the full report, please visit http://www.beigemarketintelligence.com/reports/research-report-automotive-and-transportation-market/automotive-pcb-market-report/
Meiko Electronics
Established in 1975, Meiko Electronics designs and manufacturers PCBs specializing in Double-sided and multi-layer through-hole PCBs. It also manufacturers electronic equipment and PCB manufacturing devises such as Solder Stencils, PCB Testers, Imaging Devices, and Imaging System. The PCB business is the largest business segment generating over 85% of the company’s revenues
Watch out for Meiko: Meiko follows a strong new product development strategy by assessing the market requirements. Over the past couple of years, the company launched four new product lines with three for automotive application. The company has strong customer base in automotive especially in Asian region.
CMK Corporation
CMK Corporation, established in 1961 as a manufacturer of PCBs specializing in automotive grade PCBs. Headquartered in Tokyo, Japan the company operates across Japan, North America, China, Europe, Thailand and Malaysia. CMK offers a wide range of products for automotive application that include ECUs, electronic power steering, automotive safety systems such as radar PCBs, lighting controls, anti-brake systems, inverter/converter systems, and car navigation systems. Automotive is CMK’s key business segment accounting to over 75% of its revenues.
Watch out for CMK Corporation: Currently the company has a strong presence in Japan. With the economic stagnation and declining automotive sales in the region the company is exploring new emerging geographies.
KCE Electronics
KCE Electronics manufacturers and distrib`utes PCB specializing in automotive grade PCBs. Headquartered in Bangkok, Thailand the company operates six manufacturing facilities in Thailand and China. The company caters to various industries among which automotive are its key end market, the other industries include industrial, computer, and telecom systems.
Watch out for KCE: KCE is one of the largest PCB manufacturers in Thailand with six factories that have an installed capacity of 2.34 million square feet per month. The company wants to gain more market share from automotive PCB and has an expansion plan to increase its production capacity to 3.74 million square feet by 2017.
To know more about automotive PCB, please check our market research report – Strategic Assessment of Worldwide Automotive PCB Market – Forecast Till 2021, please visit http://www.beigemarketintelligence.com/reports/research-report-automotive-and-transportation-market/automotive-pcb-market-report/
Some of the other prominent Automotive PCB manufacturers which can gain the market share in next 4-5 years are
Daeduck Electronics
Daeduck Electronics was founded in 1972 and is headquartered in Ansan, South Korea. The company manufactures and sells PCBs for high-end servers, routers, telecommunication network infrastructure, and memory modules. It also offers multilayer PCBs for application in the Automotive and Power Supply sectors.
Multek
The company manufactures high-performance and complex PCB products for a broad range of applications, including Automotive, Cell phones, Datacom, Industrial Instrumentation, Telecom, and Wearables. Multek has a strong automotive product portfolio in the area of engine control, sensors, occupant detector, infotainment systems, transmission control module, and sound system.
Tripod Technology
Tripod Technology is headquartered in Pingjhen, Taiwan where it established its first manufacturing plant. Its2 other manufacturing facilities are located in WuXi, Jiang Su Province, China and XianTao, HuBei Province, China. The company has a Strong automotive product portfolio in the area of engine control, safety systems and instrument panel.
Please contact Beige Market Intelligence at
Mail: contactus@beigemarketintelligence.com
US: +1 347 903 9949
UK: +44 20 323 99499
APAC: +91 99 012 75473
Beige Market Intelligence: We are a new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analyzed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.
ame of the company: Beige Market Intelligence
Postal Address: Chinnapanahalli Main Road,Doddanekundi Village, Bangalore Bangalore KA 560037, India
Press Contact: Jency Jacob (media@beigemarketintelligence.com)
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