April 14, 2024

Printed Circuit Boards (PCBs) Market size was valued at $ 11.35 Bn in 2021 and is expected to reach $ 14.72 Bn by 2029 at a CAGR of 3.30% during the forecast period of 2022-2029.

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Market Overview

The market overview focuses on analyzing the dynamics of the Printed Circuit Boards (PCBs) market industry, including its key players and market rivalry. The report provides revenue forecasts for the industry at the global, regional, and segment levels, with a particular emphasis on sales forecasting by segment and region. This comprehensive analysis allows for a detailed understanding of the market’s current state and future trends, providing valuable insights for industry stakeholders.

Report Scope:

The global Printed Circuit Boards (PCBs) market report offers comprehensive insights into the industry, covering new technologies, use cases, market disruptions, and future revenue mix expectations. The report provides a detailed analysis of market dynamics, including demand and supply-side segments, trends by market segments and technology, competitive landscape, and the long-term and short-term effects of COVID-19. Additionally, it examines the key drivers and restraints impacting market growth and their contribution to the overall industry.

Research Methodology:

The report employs a robust research methodology to present accurate and reliable data to stakeholders in the industry. A combination of primary and secondary research sources, along with quantitative and qualitative analysis, helps in providing a clear view of the market dynamics. Tools like PORTER, SVOR, and PESTEL analysis are utilized to understand the potential impact of micro-economic factors on the market.

Market Drivers:

The growing demand for multi-functional systems and electronic equipment, including smartphones, computers, and telecommunication devices, is driving the global PCB market. The surge in demand for electronic gadgets due to remote work and online classes during the COVID-19 pandemic has further boosted the market. PCBs also find significant use in industrial equipment, medical devices, automotive applications, and more, contributing to market growth.

Market Restraints:

Stringent regulations governing e-waste generated from PCBs, particularly due to hazardous compounds used in their manufacturing, pose challenges to the industry. Restrictions on low-cost raw materials in PCB manufacturing also impact the profitability of manufacturers.

Regional Insights:

The Asia Pacific and North American markets dominate the global PCB market, with India experiencing rapid growth due to increased investment in digitization and government initiatives like “Make in India” and “Digital India” projects. The automotive and medical sectors are key drivers of PCB demand in North America.

Printed Circuit Boards (PCBs) Market Segment Analysis:

The printed circuit boards (PCBs) market is divided into single-sided, double-sided, multi-layer, and HDI segments based on type. Double-sided printed circuit boards (PCBs) are frequently used in many applications and in everyday electronics. Single-sided PCBs only contain one conducting layer, while double-sided PCBs have one on each side. Circuit copper layers and a solder mask surround a dielectric layer on both sides. For products that demand a beginner to expert level of circuit complexity, manufacturers employ double-sided PCBs. Although this sort of PCB lacks the circuit complexity and density of multilayer PCBs, it can be used in a number of applications because it is less expensive. Leading suppliers in the market include ATS, Ibiden, Nippon Mektron, Sumitomo Electric, Shinko Electric, and Unimicron.

Key Players

The major players in the Printed Circuit Boards (PCBs) market include:

• Jabil Inc.
• Wurth Elektronik Group (Wurth group)
• TTM Technologies, Inc.
• Becker & Muller Schaltungsdruck GmbH
• Advanced Circuits Inc.
• Sumitomo Corporation
• Murrietta Circuits
• Unimicron Technology Corporation
• Tripod Technology Corporation
• AT&S Austria Technologie & Systemtechnik AG
• Nippon Mektron Ltd.
• Zhen Ding Technology Holding Limited
• Nan Ya PCB
• Young Poong
• Other Key Players

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Key questions answered in the Printed Circuit Boards (PCBs) Market are:

  • What is Printed Circuit Boards (PCBs) Market?
  • What are the factors driving the Printed Circuit Boards (PCBs) Market Market growth?
  • What are the factors are limiting the Printed Circuit Boards (PCBs) Market Market growth?
  • What was the Printed Circuit Boards (PCBs) Market market size in 2027?
  • Which trends are expected to generate additional revenue for the Printed Circuit Boards (PCBs) Market market growth?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Printed Circuit Boards (PCBs) Market Market?
  • What growth strategies are the players considering to increase their foothold in the Printed Circuit Boards (PCBs) Market Market?
  • Who held the largest market share in the Printed Circuit Boards (PCBs) Market Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2022 to 2027)
  • Past Pricing and price curve by region (2022 to 2027)
  • Market Size, Share, Size & Forecast by different segment | (2022 to 2027)
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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