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Printed Circuit Board Market Report by Type (Single-Sided, Double-Sided, Multi-Layer, HDI), Substrate (Rigid, Flexible, Rigid-Flex), End Use Industry (Industrial Electronics, Healthcare, Aerospace and Defense, Automotive, IT and Telecom, Consumer Electronics, and Others), and Region 2024-2032
Market Report I 2024-04-08 I 138 Pages I IMARC Group
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?
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
Figure 1: Global: Printed Circuit Board Market: Major Drivers and Challenges
Figure 2: Global: Printed Circuit Board Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Printed Circuit Board Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Printed Circuit Board Market: Breakup by Type (in %), 2023
Figure 5: Global: Printed Circuit Board Market: Breakup by Substrate (in %), 2023
Figure 6: Global: Printed Circuit Board Market: Breakup by End Use Industry (in %), 2023
Figure 7: Global: Printed Circuit Board Market: Breakup by Region (in %), 2023
Figure 8: Global: Printed Circuit Board (Single-Sided) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Printed Circuit Board (Single-Sided) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Printed Circuit Board (Double-Sided) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Printed Circuit Board (Double-Sided) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Printed Circuit Board (Multi-Layer) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Printed Circuit Board (Multi-Layer) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Printed Circuit Board (HDI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Printed Circuit Board (HDI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Printed Circuit Board (Rigid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Printed Circuit Board (Rigid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Printed Circuit Board (Flexible) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Printed Circuit Board (Flexible) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Printed Circuit Board (Rigid-Flex) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Printed Circuit Board (Rigid-Flex) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Printed Circuit Board (Industrial Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Printed Circuit Board (Industrial Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Printed Circuit Board (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Printed Circuit Board (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Printed Circuit Board (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Printed Circuit Board (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Printed Circuit Board (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Printed Circuit Board (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Printed Circuit Board (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Printed Circuit Board (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Printed Circuit Board (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Printed Circuit Board (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Printed Circuit Board (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Printed Circuit Board (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: North America: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: North America: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: United States: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: United States: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Canada: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Canada: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Asia-Pacific: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Asia-Pacific: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: China: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: China: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Japan: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Japan: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: India: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: India: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: South Korea: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: South Korea: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Australia: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Australia: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Indonesia: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Indonesia: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Others: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Others: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Europe: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Europe: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Germany: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Germany: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: France: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: France: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: United Kingdom: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: United Kingdom: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Italy: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Italy: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Spain: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Spain: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Russia: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Russia: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Others: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Others: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Latin America: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Latin America: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Brazil: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Brazil: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Mexico: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Mexico: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Others: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Others: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Middle East and Africa: Printed Circuit Board Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Middle East and Africa: Printed Circuit Board Market: Breakup by Country (in %), 2023
Figure 84: Middle East and Africa: Printed Circuit Board Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Global: Printed Circuit Board Industry: SWOT Analysis
Figure 86: Global: Printed Circuit Board Industry: Value Chain Analysis
Figure 87: Global: Printed Circuit Board Industry: Porter's Five Forces Analysis
Table 1: Global: Printed Circuit Board Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Printed Circuit Board Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Printed Circuit Board Market Forecast: Breakup by Substrate (in Million US$), 2024-2032
Table 4: Global: Printed Circuit Board Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 5: Global: Printed Circuit Board Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Printed Circuit Board Market: Competitive Structure
Table 7: Global: Printed Circuit Board Market: Key Players
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