Connected cars to drive the growth of automotive PCB market

Automotive Industry

The automotive industry is witnessing structural changes since the past decade in the form of engine downsizing, electrification of automotive mechanism, emission regulations, connectivity and safety. One of the key trends that is influencing the automotive industry is the electrification of vehicles. As the adoption of electronics increases in the automotive application, the demand for automotive grade PCBs are expected to grow.

PCBs in Automotive Industry

PCBs are essential components in electronic devices. A PCB is a copper based board on which electrical wires are printed. These electrical wires are connected to other electronic components on the board. PCBs are used to upkeep and electrically connect all electronic components through conductive paths. Hence, the demand for PCBs is directly correlated to the growth of the automotive electronics industry and indirectly correlated to growth in vehicle shipments. PCBs play a very important role in the automotive electronics industry, as they form the fundamental structure for electronic connectivity. Hence as the usage of electronics increase in vehicles is going to increase the demand for PCBs.

Connected Cars and Automotive PCB Market Growth

A connected car is a car that is equipped with Internet access, and usually also with a wireless local area network. This allows the car to share internet access with other devices both inside as well as outside the vehicle. Connected Cars are taking advantage of the rise of smartphones, and apps are available to interact with the car from any distance. Users can unlock their cars, check the status of batteries on electric cars, find the location of the car, or remotely activate the climate control system.

Now a days automotive industry is more concentrating towards technologies which are primarily involved in developing the car’s ability to connect with the other vehicles and devices to enhance the driving experience. To achieve this, Mobile operators and automakers collaborate to deploy network technologies that support widespread, high-bandwidth connectivity and enable remote management of the vehicle with the SIM card. Thereby a connected vehicle ensures optimizing the operation and maintenance of the vehicle as well as enhancing the convenience and comfort of passengers.

According to Embedded Computing Design, It is expected that 60% of vehicles will be connected by 2025 leading to increased demand for PCBs in automotive. As connected cars will use integrated circuits to establish a connection and communicate with other devices, the need for PCBs is expected to increase. The demand for automotive grade PCBs is expected to increase due to an increase in electronic content in vehicle, introduction of advance ADAS and infotainment in mass mid-segment vehicles and adoption of connected car concept.

For more information about Automotive PCB Market growth and driving factor view the 170 page report published by Beige Market Intelligence.

Strategic Assessment of Worldwide Automotive PCB Market and Forecast Till 2021.

http://www.beigemarketintelligence.com/reports/research-report-automotive-and-transportation-market/automotive-pcb-market-report/

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