Printed Circuit Board Market 2017 by Forthcoming Developments, Business Opportunities and Future Investments to 2021

Research analysis on the global printed circuit board market identifies that the development of enhanced durable circuit board will be one of the major factors that will have a positive impact on the growth of the market. Lesser weight and limited number of connectors on flex printed circuit boards improve the connection dependability and offer better durability of assembled boards. These factors raise the capacity to absorb vibrations with a lesser impact on the internal components of the device. Also, the printed circuit boards offer improved resistance to the extreme temperatures, vibration, corrosion, and exposure to oil, water. The flex printed circuit boards are widely used in advanced applications in various end-user segments such as the military, aerospace, consumer electronics, and electronic sectors. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 6% by 2021.

APAC will be the key revenue contributor of the printed circuit board market throughout the forecast period. Countries such as Japan, India, China, South Korea, Taiwan, and Singapore are the major contributors in this region and this is due to the presence of consumer electronics manufacturers. Furthermore, the growth of the automotive and manufacturing sectors will also boost the growth of the PCB market in this region.

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Competitive landscape and key vendors

The printed circuit board market consists of diversified international and regional vendors. Most of the vendors are continually working to modernize their systems or switch to up-to-date technologies to gain a competitive leverage. Also, the vendors in the PCB market have high geographical presence, regardless of their market capitalization and hold maximum market share.

The leading vendors in the market are –

NIPPON MEKTRON

Zhen Ding Tech

TTM Technologies

Unimicron

The other prominent vendors in the market are CMK, Daeduck Electronics, Dynamic Electronics, IBIDEN, Kingboard Chemical Holdings, LG Innotek, Nan Ya PCB, SEMCO, Tripod Technology, UNITECH, and Young Poong.

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Segmentation by type and analysis of the Printed Circuit Board market

18+ high

Rigid-flex

8-16 mid

Microvia (HDI)

Flex

1-2 sided

Substrates

4-6 low

Advantages such as electric engine efficiency, battery management systems, and increased assistance offered by 4-6 low printed circuit board for power conversion will drive the demand for printed circuit boards in this segment. The increased usage of 4-6 low printed circuit boards in automotive industry and rising government measures to increase the usage of electric vehicles, will also drive the need for 4-6 low printed circuit boards.

Segmentation by end-user and analysis of the printed circuit board market

Healthcare

Industrial

Military and Aerospace

Automotive

consumer electronics

Communication network infrastructure

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