Press release
Rising Adoption of Electric Vehicles and Advanced Electronics to Propel Automotive PCB Market from US$10,397.2 Mn in 2025 to US$26,077.6 Mn by 2032 at 6.1% CAGR | Persistence Market Research
Automotive PCB Market
The growing adoption of electric vehicles (EVs) and hybrid vehicles, coupled with government investments in smart infrastructure, is fueling the demand for automotive PCBs. Advanced ADAS technologies, in-vehicle infotainment, and connected car solutions further amplify PCB requirements. Asia-Pacific is expected to dominate the market due to its strong automotive manufacturing base, rising EV adoption, and technological partnerships aimed at advancing mobility solutions.
Key Highlights from the Report
➤ Global automotive PCB market valued at US$ 10,397.2 million in 2025.
➤ Projected to grow by US$ 15,680.4 million, reaching US$ 26,077.6 million by 2032.
➤ Market expected to grow at a CAGR of 6.1% between 2025 and 2032.
➤ Growth driven by vehicle electrification, ADAS adoption, and connected car technologies.
➤ Asia-Pacific expected to lead due to high automotive production and EV adoption.
➤ Collaboration initiatives like 5GAA and ITS India aim to enhance connected mobility using C-V2X and AI.
Explore a wide range of in-depth market insights and detailed reports available on our website for further information and analysis: https://www.persistencemarketresearch.com/market-research/automotive-pcb-market.asp
Market Segmentation
The automotive PCB market can be segmented based on type, vehicle type, and application. By type, rigid PCBs, flexible PCBs, and rigid-flex PCBs dominate the market. Rigid PCBs are widely used for their cost-effectiveness and stability, while flexible and rigid-flex PCBs are preferred for advanced applications such as ADAS, infotainment, and electric powertrain systems, where space-saving and reliability are critical.
By vehicle type, passenger vehicles lead the market, driven by increasing adoption of EVs, smart infotainment, and safety technologies. Commercial vehicles are also witnessing growth due to fleet electrification, telematics, and intelligent mobility solutions. Application-wise, automotive PCBs are used in powertrain control, body electronics, infotainment systems, ADAS, and communication modules, with ADAS and infotainment segments growing the fastest.
Regional Insights
Asia-Pacific is expected to dominate the automotive PCB market, fueled by strong automotive manufacturing hubs in China, Japan, and South Korea, along with government initiatives supporting EVs and smart infrastructure. Rising consumer demand for connected and autonomous vehicles further strengthens market growth in the region.
North America remains a key market for automotive PCBs, driven by advanced technology adoption, high EV penetration, and significant investments from automakers in connected and autonomous vehicles. Europe also contributes strongly, particularly through adoption of ADAS and sustainable mobility initiatives.
Market Drivers
The key driver of the automotive PCB market is the rapid electrification of vehicles. As EVs and hybrid vehicles replace conventional internal combustion engine (ICE) vehicles, the demand for PCBs to support powertrain management, battery monitoring, and energy distribution has surged.
Increasing deployment of ADAS and connected car systems is another significant driver. Features like lane departure warning, adaptive cruise control, and infotainment systems require sophisticated PCBs for signal processing, sensor integration, and communication between vehicle systems.
Government investments in smart infrastructure and collaborative initiatives such as the 5G Automotive Association (5GAA) and ITS India further propel market growth. These efforts focus on integrating 5G, AI, and C-V2X technologies to improve vehicle safety and connectivity.
Market Restraints
High manufacturing costs for advanced PCBs and complex integration requirements are key restraints in the market. Developing flexible and rigid-flex PCBs that meet automotive quality standards requires specialized materials and processes, raising production costs.
Supply chain challenges and fluctuations in raw material prices, including copper and rare metals, can also limit growth. Additionally, stringent automotive safety and quality regulations require continuous testing and compliance, adding to the complexity for manufacturers.
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Market Opportunities
The increasing adoption of EVs presents a significant opportunity for automotive PCB manufacturers. PCBs play a critical role in battery management systems, power electronics, and thermal management, making them indispensable in electric mobility.
Expansion of ADAS and autonomous vehicle programs provides further opportunities. PCBs for sensors, radar, lidar, and AI modules are expected to witness strong demand.
Emerging markets in Asia-Pacific, Latin America, and the Middle East offer additional growth potential as EV adoption rises, and smart mobility infrastructure is developed to support connected vehicles.
Frequently Asked Questions (FAQs)
➤ How big is the global automotive PCB market in 2025, and what is the forecast for 2032?
➤ Who are the leading players in the global automotive PCB market?
➤ What is the projected CAGR of the automotive PCB market during 2025-2032?
➤ Which region is expected to lead the automotive PCB market in the forecast period?
➤ How are collaborations like 5GAA and ITS India influencing automotive PCB adoption?
Company Insights
Key players operating in the automotive PCB market include:
TTM Technologies, Inc.
Nippon Mektron, Ltd.
AT&S Austria Technologie & Systemtechnik AG
Ibiden Co., Ltd.
Shennan Circuits Co., Ltd.
Unimicron Technology Corporation
Zhen Ding Technology Holding Limited
Recent Developments:
In January 2025, 5GAA signed an MoU with ITS India to leverage C-V2X, 5G, and AI-driven mobility for safer and connected vehicles.
AT&S launched high-reliability automotive PCBs in 2024 optimized for ADAS, infotainment, and electric powertrain applications.
Explore more related market insights and reports by visiting our website.
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Torsional Vibration Dampers Market: https://www.persistencemarketresearch.com/market-research/torsional-vibration-dampers-market.asp
Automotive Clutch Disc Market: https://www.persistencemarketresearch.com/market-research/automotive-clutch-disc-market.asp
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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