Lucintel Forecasts Printed Circuit Board (PCB) Market to Reach $116 billion by 2030
Lucintel Forecasts Printed Circuit Board (PCB) Market to Reach $116 billion by 2030
Blog Article
According to the recent study the printed circuit board (PCB) market is projected to reach an estimated $116 billion by 2030 from $86.0 billion in 2023, at a CAGR of 4% from 2024 to 2030. Growth in this market has witnessed substantial growth and is expected to continue expanding in the coming years. The market size is influenced by factors such as the increasing demand for smart and connected devices, the rapid growth of the Internet of Things (IoT), and the adoption of advanced technologies such as 5G and artificial intelligence.
Browse 137 figures / charts and 117 tables in this 229 -page report to understand trends, opportunities and forecast in printed circuit board (PCB) market by end use industry (computer/peripheral, communication, consumer electronics, industrial electronics, automotive, military/aerospace, and others), product type (standard multilayer, flexible circuits, HDI/microvia/build-up, IC substrate, rigid 1-2 sided, rigid flex, and others), laminate material type (FR-4, flexible, paper, CEM and others), laminate raw material usage (glass fabric, epoxy resin, kraft paper, phenolic resin, polyimide film), and region.
Lucintel forecasts that standard multilayers will remain the largest product type due to increasing demand in computer and communication industries.
Communication will remain the largest end use industry during the forecast period due to growing e-communication. The automotive segment is expected to witness the highest growth due to the increasing demand for electric and hybrid vehicles.
Download sample by clicking on printed circuit board (PCB) market
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period due to the increasing electronic content in automotive, and growth in consumer electronic devices and telecommunication products. Increasing usage of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for PCB in this region.
NOK Corporation, Zhen Ding Technology, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Ibiden, SEMCO, Tripod Technology, Daeduck, AT&S, and Nan Ya Printed Circuit Board are the major suppliers in the printed circuit board (PCB) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Explore Our Latest Publications
Geomembrane Market
HDPE Pipe Market
Siding Market
Tumbler with Lid Market
Composites in the Aerospace Interior Market
Composite Surface Film Market