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The market for printed circuit boards was estimated to be worth USD 75 billion in 2022, and from 2023 to 2030, it is anticipated to grow at a CAGR of 6%. The expanding usage of technology in the automotive sector and the growing emphasis on enhancing road safety are both seen as major market demand generators.
Automakers from all over the world have concentrated on integrating cutting-edge electronic components in a variety of comfort and safety systems, including as lane-keeping and control systems, ADAS, and intelligent glass control systems, in order to enhance the complete driving experience. The PCB market outlook is driven by elevating seat comfort, information, and seat comfort through the integration of such cutting-edge equipment. The adoption of smart safety systems and the rapidly escalating electrification trends will also contribute to the industry's growth.
Driving Factors
The use of PCBs in connected cars has increased the size of the PCB market. These vehicles can readily link to cellphones and other digital devices since they come equipped with both wired and wireless capabilities. With this technology, customers can monitor the health of the batteries in their electric cars, track their vehicles using their cellphones, and regulate the climate from a distance.
One of the significant PCB developments in recent years has shown to be heavily reliant on 3D printing. Thanks to 3D-printed electronics, or 3D PEs, the design of electrical systems in the future is projected to undergo a revolution. With the help of these technologies, 3D circuits can be created by layer-by-layer printing a substrate and then covering it with a liquid ink that has electrical properties. Surface-mount technology can then be incorporated into the finished system. When compared to traditional 2D PCBs, 3D PE has the potential to provide circuit manufacturing companies and their clients with sizable technological and production advantages.
The "Covid 19 Impact"
The COVID-19 epidemic had varied effects on the world's industries. The restrictions on international trade and migration led to an increase in supply chain bottlenecks. Additionally, the cancellation of numerous shipments from countries like China due to the declining demand for flexible PCBs had a substantial impact on the business dynamics. On the other hand, the widespread use of HDI technology and IoT devices as well as the increased emphasis on producing PCB modules, which support the stay-at-home Economy, have created new chances for industrial growth. The demand for medical electronics such as ventilators, fog generators, monitors, and respiratory support systems, which surged significantly during the crisis, will support the market's growth in the years to come.
Report Coverage
Global Printed Circuit Board research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Printed Circuit Board report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Printed Circuit Board competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Printed Circuit Board market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Printed Circuit Board market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Printed Circuit Board market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
TTM Technologies, Nano Dimension Ltd., DSBJ, Tripod Technology, Fujikura Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Printed Circuit Board market based on the below-mentioned segments:
Global Printed Circuit Board Market, By Type
Global Printed Circuit Board market, By Application
Global Printed Circuit Board market, Regional Analysis
Automakers from all over the world have concentrated on integrating cutting-edge electronic components in a variety of comfort and safety systems, including as lane-keeping and control systems, ADAS, and intelligent glass control systems, in order to enhance the complete driving experience. The PCB market outlook is driven by elevating seat comfort, information, and seat comfort through the integration of such cutting-edge equipment. The adoption of smart safety systems and the rapidly escalating electrification trends will also contribute to the industry's growth.
Driving Factors
The use of PCBs in connected cars has increased the size of the PCB market. These vehicles can readily link to cellphones and other digital devices since they come equipped with both wired and wireless capabilities. With this technology, customers can monitor the health of the batteries in their electric cars, track their vehicles using their cellphones, and regulate the climate from a distance.
One of the significant PCB developments in recent years has shown to be heavily reliant on 3D printing. Thanks to 3D-printed electronics, or 3D PEs, the design of electrical systems in the future is projected to undergo a revolution. With the help of these technologies, 3D circuits can be created by layer-by-layer printing a substrate and then covering it with a liquid ink that has electrical properties. Surface-mount technology can then be incorporated into the finished system. When compared to traditional 2D PCBs, 3D PE has the potential to provide circuit manufacturing companies and their clients with sizable technological and production advantages.
The "Covid 19 Impact"
The COVID-19 epidemic had varied effects on the world's industries. The restrictions on international trade and migration led to an increase in supply chain bottlenecks. Additionally, the cancellation of numerous shipments from countries like China due to the declining demand for flexible PCBs had a substantial impact on the business dynamics. On the other hand, the widespread use of HDI technology and IoT devices as well as the increased emphasis on producing PCB modules, which support the stay-at-home Economy, have created new chances for industrial growth. The demand for medical electronics such as ventilators, fog generators, monitors, and respiratory support systems, which surged significantly during the crisis, will support the market's growth in the years to come.
Report Coverage
Global Printed Circuit Board research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Printed Circuit Board report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Printed Circuit Board competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Printed Circuit Board market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | TTM Technologies, Nano Dimension Ltd., DSBJ, Tripod Technology, Fujikura Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Printed Circuit Board Market from 2021 to 2030.
- Market Forecast for Printed Circuit Board Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Printed Circuit Board competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Printed Circuit Board
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Printed Circuit Board market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Printed Circuit Board market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
TTM Technologies, Nano Dimension Ltd., DSBJ, Tripod Technology, Fujikura Ltd.
Primary Target Market
- Market Players of Printed Circuit Board
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Printed Circuit Board market based on the below-mentioned segments:
Global Printed Circuit Board Market, By Type
- Single Sided
- Double Sided
- Multi Layered
- High Density Interconnect (HDI)
Global Printed Circuit Board market, By Application
- Consumer Electronics
- Automotive
- Industrial
- Healthcare IT & Telecom
Global Printed Circuit Board market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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