Product Code: SR112024A5982
The global printed circuit board market size reached US$ 70.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 97.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
A printed circuit board (PCB) is an electrical circuit that mechanically supports and electrically connects electronic components using conductive pathways, tracks, or signal traces. It is composed of epoxy, fiberglass, and other composite materials that help minimize the complexity of the overall circuit design. It plays a pivotal role in improving the power, performance, reliability, and security of a computing system. As a result, PCB finds extensive applications in the healthcare, aerospace, electronics, defense, information technology (IT), and telecommunications industries around the world.
Printed Circuit Board Market Trends:
PCBs are used in head-up display (HUD), advanced driver assistance systems (ADAS) control modules and antilock brake systems of automobiles. This, coupled with the rapid expansion of the automotive sector, represents one of the key factors creating a positive outlook for the market. In addition, fuel regulators, power supplies, and engine management systems use PCB-based electronics to monitor and manage resources. They also help enhance the performance of light-emitting diodes (LEDs) and prevent them from damage. Along with this, the growing integration of robotics, artificial intelligence (AI), and the internet of things (IoT) is augmenting the overall sales and profitability. Moreover, PCBs are utilized in the manufacturing of calculators, aerospace components, medical devices, remote control units, circuit boards, industrial machinery, business machines and computers, and communication, control, and home entertainment equipment. Apart from this, the increasing trend of miniaturization in the semiconductor industry is catalyzing the demand for PCBs across the globe. Furthermore, product innovations, technological advancements, and the rising requirement of eco-friendly PCBs on account of the increasing electronic waste worldwide are some of the other factors stimulating the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global printed circuit board market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, substrate and end use industry.
Breakup by Type:
Single-Sided
Double-Sided
Multi-Layer
HDI
Breakup by Substrate:
Rigid
Flexible
Rigid-Flex
Breakup by End Use Industry:
Industrial Electronics
Healthcare
Aerospace and Defense
Automotive
IT and Telecom
Consumer Electronics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Circuits Inc., AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Becker & Muller Circuit Printing GmbH, Jabil Inc., Murrietta Circuits, Nippon Mektron Ltd. (NOK Corporation), Sumitomo Corporation, TTM Technologies Inc., Unimicron Technology Corporation (United Microelectronics Corporation), Wurth Elektronik GmbH & Co. KG (Wurth Group) and Zhen Ding Technology Holding Limited.
Key Questions Answered in This Report
- 1. What was the size of the global printed circuit board market in 2023?
- 2. What is the expected growth rate of the global printed circuit board market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global printed circuit board market?
- 4. What are the key factors driving the global printed circuit board market?
- 5. What is the breakup of the global printed circuit board market based on the type?
- 6. What is the breakup of the global printed circuit board market based on the substrate?
- 7. What are the key regions in the global printed circuit board market?
- 8. Who are the key players/companies in the global printed circuit board market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Printed Circuit Board Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Single-Sided
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Double-Sided
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Multi-Layer
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 HDI
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Substrate
- 7.1 Rigid
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Flexible
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Rigid-Flex
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Industrial Electronics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Healthcare
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Aerospace and Defense
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Automotive
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 IT and Telecom
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Consumer Electronics
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Advanced Circuits Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Becker & Muller Circuit Printing GmbH
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Jabil Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Murrietta Circuits
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Nippon Mektron Ltd. (NOK Corporation)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Sumitomo Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 TTM Technologies Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Unimicron Technology Corporation (United Microelectronics Corporation)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Wurth Elektronik GmbH & Co. KG (Wurth Group)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Zhen Ding Technology Holding Limited
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials