Press release
Rising Demand For Hybrid And Battery-Electric Vehicles Fuels Automotive PCB Market Growth: Pivotal Factor Influencing Automotive PCB Market Growth in 2025
Automotive PCB
What Will the Automotive PCB Industry Market Size Be by 2025?
In recent times, the automotive PCB market has witnessed robust growth. This market is projected to expand from $10.05 billion in 2024 to $10.74 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.9%. Factors that have contributed to its historic growth include an upsurge in electronic content in vehicles, the implementation of autonomous and semi-autonomous driving, efforts towards efficiency and weight reduction, an increased demand for sophisticated infotainment, the globalization of automotive supply chains, and investment in R&D and innovation.
What's the Long-Term Growth Forecast for the Automotive PCB Market Size Through 2029?
The market size of automotive PCBs is poised for robust expansion in the coming years, with predictions of reaching $14.88 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.5%. The projection growth for this period is linked to factors like the complexity of ads, the progression of digital cockpits, v2x communication, the surge in demand for compact electronics, the move towards high-tech materials, and endeavors for supply chain resilience and localization. Key trends to watch during the forecast period involve the advancement in autonomous driving technologies, the emergence of smart manufacturing and industry 4.0, further miniaturization and integration, the application of flexible and rigid-flex PCBs, as well as the incorporation of AI and machine learning.
View the full report here:
https://www.thebusinessresearchcompany.com/report/automotive-pcb-global-market-report
What Are the Key Growth Drivers Fueling the Automotive PCB Market Expansion?
Expectations are that the automotive PCB market will grow due to the increasing demand for hybrid electric vehicles and battery-driven electric vehicles. PCBs, vital for the operation of various automobile components and sensors, are a major component in the automotive industry. As sales of electric vehicles and battery-operated vehicles increase, so does the demand for automotive PCBs. A JP Morgan study predicts that by 2025, EVs and HEVs will make up around 30% of all vehicle sales. Consequently, the demand for hybrid and battery-operated electric vehicles contributes to the expansion of the automotive PCB market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5782&type=smp
What Are the Key Trends Driving Automotive PCB Market Growth?
Increasing utilization of Advanced Driver Assistance Systems (ADAS) is emerging as a pivotal trend in the realm of automotive PCB market. The incorporation of PCBs in ADAS systems is forecasted to witness a substantial escalation in the future, leading corporations to concentrate on scaling up the capability of automotive PCB to cater to the escalating demand for ADAS technologies. As an illustration, Cadence Design Systems, Inc., a firm based in California and known for its comprehensive product offerings and solutions designed to revolutionize design procedures across diverse sectors, launched Cadence Allegro X AI technology in April 2023. This breakthrough technology automates essential processes such as placement and routing, dramatically curbing down the time consumed for these tasks from several days to just a few minutes. This technological development proves to be particularly advantageous for small to intermediate-scale designs, effectively dealing with the conventional issues related to physical layout and analysis. Allegro X AI optimizes productivity by leveraging cloud resources, empowering efficient design automation through scalable compute power.
How Is the Automotive PCB Market Segmented?
The automotive PCB market covered in this report is segmented -
1) By Type: Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB
2) By Vehicle Type: Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Internal Combustion Engine (ICE) Vehicles
3) By Application: ADAS And Basic Safety, Body, Comfort, And Vehicle Lighting, Infotainment Components, Powertrain Components
4) By End User: Economic Light Duty Vehicles, Luxury Light Duty Vehicles, Mid-Priced Light Duty Vehicles
Subsegments:
1) By Double-Sided PCB: Standard Double-Sided PCBs, High-Density Interconnector (HDI) Double-Sided PCBs, Flexible Double-Sided PCBs
2) By Multi-Layer PCB: 4-Layer PCBs, 6-Layer PCBs, 8-Layer PCBs and Above, High-Frequency Multi-Layer PCBs
3) By Single-Sided PCB: Standard Single-Sided PCBs, Flexible Single-Sided PCBs, Rigid Single-Sided PCBs
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5782&type=smp
Which Companies Are Leading the Charge in Automotive PCB Market Innovation?
Major companies operating in the automotive PCB market include Tripod Technologies, Flex Ltd., Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co. Ltd., Delphi Technologies, Zhen Ding Technology Holding Limited, Kingboard Holdings Limited, Unimicron Corporation, Compeq Manufacturing Co. Ltd., Shinko Electric Industries Co. Ltd., TTM Technologies Inc, Nan Ya Printed Circuit Board Corporation, AT & S Austria Technologies & Systemtechnik Aktiengesellschaft, SIIX Corporation, Shenzhen Kinwong Electronic Co. Ltd., Meiko Electronics Co. Ltd., Rogers Corporation, Shenzhen Fastprint Circuit Tech Co. Ltd., Daeduck Electronics, Aoshikang Technology Co. Ltd., Chin Poon Industrial Co. Ltd., KCE Electronics Co. Ltd, CMK Corporation, Ventec International Group, WUS Printed Circuit Co. Ltd., MFS Technology Ltd., Amitron Corp, Dynamic Electronics Co. Ltd., Nanotron Technologies GmbH, Nippon Mektron Ltd., Dyna Image Corporation, Shenzhen Sunnic Technology & Co. Ltd., Jiangsu Changjiang Electronics Technology Co. Ltd.
Which Regions Are Leading the Global Automotive PCB Market in Revenue?
Asia-Pacific was the largest region in the automotive PCB market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive PCB market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5782
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Rising Demand For Hybrid And Battery-Electric Vehicles Fuels Automotive PCB Market Growth: Pivotal Factor Influencing Automotive PCB Market Growth in 2025 here
News-ID: 4109562 • Views: …
More Releases from The Business Research Company
Trends in Growth, Segment Analysis, and Competitive Strategies Influencing the M …
The meal replacement market is gaining significant momentum as consumer preferences shift toward convenient and health-focused nutrition solutions. With rising awareness about preventive healthcare and personalized diets, this sector is set for considerable expansion. Let's explore how the market size is expected to evolve, who the key players are, emerging trends, and the main segments driving this growth.
Projected Growth Trajectory of the Meal Replacement Market Size
The meal replacement…
Leading Companies Reinforcing Their Presence in the Malted Barley Market
The malted barley industry is positioned for steady expansion as demand grows across various sectors. With increasing interest from craft brewers and functional food producers, this market is set to experience meaningful growth driven by innovation and sustainability efforts. Let's dive into the current market size, key players shaping the industry, trends influencing its trajectory, and detailed segment insights.
Projected Market Size and Growth Outlook of the Malted Barley Market …
Future Perspective: Key Trends Shaping the Low-calorie Food Market up to 2030
The low-calorie food market is poised for significant expansion as consumer preferences shift toward healthier eating habits and more personalized nutrition options. Advances in product innovation and supportive regulatory frameworks are expected to drive rapid growth over the coming years. Here's an overview of the market size, key players, emerging trends, and segmentation shaping this evolving industry.
Projected Expansion of the Low-calorie Food Market Size Through 2030
The low-calorie food…
Competitive Landscape: Leading Companies and New Entrants in the Liquid Nutritio …
The liquid nutritional supplement sector is on the rise, driven by evolving consumer preferences and innovations in health and wellness. With growing awareness about personalized nutrition and preventive healthcare, this market is set to witness substantial growth over the coming years. Let's explore the market's projected size, major players, emerging trends, and key segments shaping this dynamic industry.
Projected Market Value and Growth Trajectory of the Liquid Nutritional Supplement Market …
More Releases for PCB
Victory PCB Showcases High-Quality Double-Sided PCB Solutions for Modern Electro …
Victory PCB highlights the performance, flexibility, and cost-effectiveness of its double-sided printed circuit boards, designed to meet the demands of mid-complexity electronic systems.
Victory PCB, a professional printed circuit board manufacturer, continues to support modern electronics development through its high-quality double-sided PCB manufacturing solutions [https://www.victorypcb.com/products-category/double-sided-pcbs.html]. Designed to balance performance, reliability, and cost efficiency, Victory PCB's double-sided printed circuit boards are widely used across industries that require greater circuit density without the…
Victory PCB Expands Global Reach with Industry-Leading PCB Manufacturing & Assem …
Image: https://www.abnewswire.com/upload/2025/06/aa56d146ab76e34a4f335137dad3dd49.jpg
Victory PCB [https://www.victorypcb.com/], a global leader in printed circuit board (PCB) manufacturing and assembly, continues to set new benchmarks in high-quality PCB production, fast delivery, and customer service excellence. With a legacy of 19 years of innovation and precision manufacturing, Victory PCB is powering the next generation of industries, from automotive and medical equipment to aerospace and advanced communication devices.
Located in the heart of Shenzhen's modern Industrial Park, Victory…
Victory PCB: Pioneering Excellence in Global PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/fabf105f8930f331e50cb1ca439637fe.jpg
Victory PCB [https://www.victorypcb.com/] is a renowned global manufacturer of PCBs and assembly services, recognized worldwide for its exceptional precision, innovation, and commitment to quality. With a client base exceeding thousands across various sectors, including automotive, aerospace, medical, industrial automation, and communication technologies, PCB solutions are tailored to meet each client's needs.
With centers covering as much as 30,000 square meters, Victory PCB employs over 450 staff dedicated to producing high-quality…
Victory PCB: Redefining Global Excellence in PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/986e29984b844645f2a99a0a5e93a4c8.jpg
Having almost 20 years of expertise in producing and assembling printed circuit boards (PCBs), Victory PCB has established a solid reputation for providing high quality products, creative solutions, and consistent customer satisfaction. Victory PCB [https://www.victorypcb.com/], located in a contemporary 30,000-square-meter facility within Shenzhen's tech district, merges deep expertise with cutting-edge technology to manufacture products that bolster top industries worldwide. Relying on more than 1,000 clients and 80% of its…
Victory PCB Emerges as a Global Leader in PCB Manufacturing
Victory PCB has been delivering custom PCB solutions to global customers since 2005.
Image: https://www.abnewswire.com/uploads/3daf3e2d61300e7406f7fb61c56726fc.png
Victory PCB [https://www.victorypcb.com/], a professional printed circuit board (PCB) manufacturer established in 2005, is setting new standards in the global electronics industry with its commitment to top-quality, high-precision, and high-density PCB solutions. The solutions offered by Victory PCB, which exports 80% of its products worldwide, bridge the gap between concept and reality for clients in a variety…
PCB Ceramic Substrate Market Size, Share and Forecast By Key Players-Panda PCB T …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global PCB Ceramic Substrate market is anticipated to grow at a compound annual growth rate (CAGR) of 13.62% between 2024 and 2031. The market is expected to grow to USD 21.58 Billion by 2024. The valuation is expected to reach USD 52.73 Billion by 2031.
The PCB ceramic substrate market is experiencing robust growth, fueled by the rising demand…
