Printed Circuit Board Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Printed Circuit Board (PCB) is an electronic circuit type which provides mechanical support used in electronic devices. These PCB contains pathways, tracks and other which electrically connects and mechanically supports the electronic components. Those Conducting layers are made with thin copper foils, and the board is wholly coated with a solder mask which is green in colour. Parts that are used in Printed Circuit Board are input, output connections, resistors, capacitors, inductors and many other. PCB serves few purposes they are area to mount components and also provides an electrical relationship between the elements.
Printed Circuit Board Market Size & Growth:
Printed Circuit Board Market size is projected to reach approximately $xx billion by the end of 2024 with a CAGR of close to X% from $xx million in 2017 during the forecast timeline 2018-2024. The significant factors that propel the growth of the Printed Circuit Board Market Rapid growth in the Internet of Things(IoT) and growth in PCB Market Increasing Demand for Electrical Vehicles, High Demand for surgical and Health Care Robots are the factors accelerating the growth of the PCB Market. Some of the restraints facing the PCB Market are Operational Failures in Printed Circuit Boards and High manufacturing costs and raise in Electronic Control Unit are the factors that lag the market growth.
Printed Circuit Board Market Share:
Printed Circuit Board Market is segmented based on type which consists of Rigid-Flex, Flexible Circuits, Rigid 1-2 Side, Standard Multi-Layer, IC Substrate and other. Among these Rigid Flex Circuits holds the
Printed Circuit Board Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
massive market as they are used in military and aerospace applications for 20 years. In Rigid-Flex circuits number of flexible circuits are used and are attached using pre-preg bonding film. Rigid Flex is widely used as they Provide higher component density and better quality. Stiff Flex offers reliability, low cost, temperature resistant and other are the factors accelerating the growth of the PCB Market. Based on patterning the market is segmented into Silk Screening Printing, PCB Mining, Photoengraving. Silk Screening and Photoengraving are expected to hold the massive market during the forecast period as in Photoengraving Photomask; the developer is used for removing Ultraviolet photoresist masks. They are also used for high-resolution requirements. Silk Screening printing is also a patterning technique uses etch-resistant inks that create protective covers and are used for PCBs with more prominent features. Various components used in PCB are diodes, capacitors, resistors, integrated circuits are the major components used. By end-user PCBs are used in multiple segments such as Automotive, Health Care, Industrial Electronics, Aerospace & Defense, Mobile Products, Audio & Video and other. Among this Automotive sector is estimated to be the largest market as they provide safety, convenience and better comfort by using various types of Printed circuit boards. By Geography, Asia Pacific is expected to hold the massive market due to increase in cars, electric vehicles. Increase in power consuming printed circuit boards, awareness of safety precautions are also the factors to raise the market growth in the Asia Pacific.
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Printed Circuit Board Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Europe and North America also hold a considerable share in increasing the growth of PCB Market due to raising in Luxury light-duty vehicles for comfort, safety and other.
Printed Circuit Board Market Trends:
- Acquire Anaren; Inc Is acquired by TTM Technologies to provide benefits to TTM Technologies.
- Sumitomo Electric Industries introduce Short-wavelength 100G QSFP28 Bidirectional Transceiver.
Printed Circuit Board Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary critical players in the Printed Circuit Board Market are:
- Nippon Mektron (NOK) Ltd
- TTM Technologies
- Young Poong Corporation
- Sumitomo Electric Industries, Ltd
- Samsung Electronics Co., Ltd
Along with these companies, there were many other companies considered/cited in the report while analysing the Printed Circuit Board Market. These companies hold substantial share is-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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