Press release
Global Printed Circuit Board Market: Unfolding Growth Drivers, Major Players, and Market Projections
Printed Circuit Board Market Size
What Is The Projected Market Size Of The Global Printed Circuit Board Market And Its Growth Rate?
• The printed circuit board market size is expanding steadily and is projected to increase from $65.82 billion in 2024 to $68.75 billion in 2025, at a compound annual growth rate (CAGR) of 4.5%.
• This growth in the stated period can be attributed to rising demand for electric vehicles, increased usage in the healthcare sector, strong economic growth in emerging markets, and augmented demand for industrial robots in manufacturing.
• The printed circuit board market predicts a robust growth trajectory in the next few years, likely to elevate to $86.5 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. Growth during this period can be ascribed to rising demand for eco-friendly PCBs, increasing investments in 5G technology and telecom infrastructure, and the surge in IoT device usage and digitalization.
What Is Driving The Growth In The Printed Circuit Board Market?
Expanding sales in the electric vehicle sector are expected to drive growth in the printed circuit board market during the forecast period. Electric vehicles (EVs) are partially or fully electrically powered and use printed circuit boards (PCBs) to connect electrical components such as audio and display systems. For instance, charging stations, enabling EV users to charge their vehicles, also utilize PCBs. The surge in EVs is correspondingly anticipated to propel the PCB market, with EVs predicted to comprise 10% of global passenger car sales by 2025, expanding to 28% by 2030 and 58% by 2040, according to a study by Bloomberg New Energy Finance (BNEF).
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5316&type=smp
Who Are the Key Players Driving Printed Circuit Board Market Growth?
Key players in the Printed Circuit Board Market include:
• Zhen Ding Technology Holding Limited
• Unimicron Technology Corporation
• TTM Technologies Inc.
• NOK CORPORATION
• Tripod Technology Corporation
• AT&S Austria Technologie & Systemtechnik AG
• Kinwong
• Jabil Inc.
• Suzhou Dongshan Precision Manufacturing Co.Ltd
• Shennan Circuits
What Are The Key Trends In The Printed Circuit Board Market?
Key trends in the forecast period in the printed circuit board market include:
• Developing board-in-board connectors for higher efficiency and better connectivity.
• Adopting innovative software tools for printed circuit boards.
• Leveraging artificial intelligence for improved product quality.
• Focusing on 3D printing for compact designs and material optimization.
• Focusing on the development of sustainable PCBs.
• Focusing on partnerships and collaborations to expand product portfolio and geographic presence.
What Are The Segments Of The Global Printed Circuit Board Market?
The global Printed Circuit Board Market is segmented by:
1) Type: Single Sided, Double Sided, Multi-Layer, High Density Interconnect (HDI), Other Types
2) Substrate: Rigid, Flexible, Rigid-Flex
3) Laminate Type: FR-4, Polyimide, Other Laminate Types
4) End-Use Industry: Industrial Electronics, Healthcare, Aerospace And Defense, Automotive, IT And Telecom, Consumer Electronics, Other End Users
Which Region Leads The Printed Circuit Board Market?
In 2024, Asia-Pacific was the largest region in the printed circuit board market and is also anticipated to grow at the fastest rate during the estimated period. The report covers diverse regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/printed-circuit-board-global-market-report
What Is Covered In The Printed Circuit Board Market Global Market Report?
- Market Size Analysis: Analyze the Printed Circuit Board Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Printed Circuit Board Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Printed Circuit Board Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Printed Circuit Board Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=5316&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Printed Circuit Board Market: Unfolding Growth Drivers, Major Players, and Market Projections here
News-ID: 3838832 • Views: …
More Releases from The Business Research Company
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025?
In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Stress Tests Equipment Industry Market Size Be by 2025?
In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ostomy Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…
More Releases for Circuit
Electronic Circuit Simulation System Market Generated Opportunities, Future Scop …
The electronic circuit simulation system industry is increasingly pivotal in the design and testing of complex electronics, enabling engineers to predict circuit behaviors accurately before physical prototyping. With the surge in demand for faster development cycles and cost-efficient electronics manufacturing, simulation tools have become a cornerstone for various sectors such as automotive, aerospace, telecommunications, and consumer electronics. These systems enhance innovation by providing comprehensive virtual testing environments, supporting the rapid…
FR4 Printed Circuit Board Market
FR4 Printed Circuit Board Market Overview
FR4 is a class of printed circuit board base material made from a flame retardant epoxy resin and glass fabric composite. FR stands for flame retardant and meets the requirements of UL94V-0. FR4 has good adhesion to copper foil and has minimal water absorption, making it very suitable for standard applications. FR4 sheets are widely popular among electrical engineers and designers as a PCB base…
Molded Case Circuit Breakers (MCCB) Market Overview: Sustainable Solutions in Ci …
According to a new report published by Allied Market Research, The molded case circuit breakers market size was valued at $9.2 billion in 2021, and molded case circuit breakers industry is estimated to reach $15.5 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.
Molded case circuit breakers (MCCBs) are electrical protection devices that are designed to automatically disconnect electrical circuits in the event of overcurrent, short-circuit,…
5G Printed Circuit Board Market Set for Explosive Growth| WUS Printed Circuit, U …
Advance Market Analytics published a new research publication on "5G Printed Circuit Board Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the 5G Printed Circuit Board market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Frame Circuit Breaker Market 2023
This comprehensive report thoroughly assesses various regions, estimating the volume of the global Frame Circuit Breaker market within each region during the projected timeframe. The report is meticulously crafted and includes valuable information on the current market status, historical data, and projected outlook. Furthermore, it presents a detailed market analysis, segmenting it based on regions, types, and applications. The report closely monitors key trends that play a crucial role in…
Aluminium Clad Printed Circuit Board Market Segmented By type Single layer alumi …
Market Introduction:
An aluminium clad printed circuit board is a thermally-conductive printed circuit board that provides enhanced heat dissipation without demanding an external heat sink. This property widely impacts the performance of the circuit board as it reduces the thermal stress on the attached components. Aluminium clad printed circuit boards witness relatively high demand among all MCPCBs (Metal Clad Printed Circuit Boards), owing to their relatively low cost. They are also…
