Global Printed Circuit Board (PCB) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Semiconductor & Electronics Date : July 30th, 2018
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The global printed circuit board (PCB) market was valued at USD 63.1 billion in 2017 and is expected to reach USD 76.9 billion by 2024, at a CAGR of 3.1%. Factors driving the growth of the market are; rising adoption of automation in various end-user industries, growing demand for wireless devices, increasing miniaturization of devices, surging need for more efficient interconnect solutions, and increasing demand for flexible circuits. Owing to the implementation of processors and sensors in smart gadgets, the size of the PCB has reduced to 74% approximately. Additionally, usage of flame retardant chemicals in PCBs to ensure fire safety, and increasing capital investment is further augmenting the market growth.

The years used for the assessment are as follows:

  • Historical year : 2014, 2015 and 2016
  • Base year : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total PCB market and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global PCB market. Finalizing the overall size and share for the global PCB market

OBJECTIVES: 

  • To classify the global printed circuit board market into segments on the basis of type, substrate type, components, PCB laminate type, laminate material type, end-use, and region and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the global PCB market
  • Profiling key companies operating in the global PCB market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for global printed circuit board market is as follows:

By Type

  • Single-sided
  • Double-sided
  • Multi-layer

By Substrate Type

  • Rigid 1-2 sided
  • Standard multilayer
  • High-Density Interconnect (HDI)
  • IC substrate
  • Flexible circuits
  • Rigid-flex
  • Others

By Components

  • Diodes
  • Capacitors
  • Resistors
  • Integrated Circuits
  • Others

By PCB Laminate Type

  • Paper
  • FR-4
  • CEM
  • Polyimide
  • Others

By Laminate Material Type

  • Glass Fabric
  • Epoxy Resin
  • Kraft Paper
  • Phenolic Resin

By End-Use

  • Consumer Electronics
  • IT & Telecommunication
  • Communication
  • Aerospace and Defense
  • Automotive
  • Industrial Electronics
  • Healthcare
  • Others 

By Region

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Middle East and Africa
    • UAE
    • South Africa
    • Rest of Middle East and Africa
  • Central and South America
    • Brazil
    • Rest of Central and South America

Printed Circuit Board Market:

Rising adoption of automation in various end-user industries, growing demand for wireless devices, increasing miniaturization of devices, surging need for more efficient interconnect solutions, and increasing demand for flexible circuits are the key factors driving the growth of the global PCB market. Owing to the implementation of processors and sensors in smart gadgets, the size of the PCB has reduced to 74% approximately. Additionally, usage of flame retardant chemicals in PCBs to ensure fire safety, and increasing capital investment is further augmenting the market growth. Moreover, huge growth in the PCB market is also due to the increasing demand for smart tablets and smart phones in IT and consumer electronics sector. Growth in wearable electronics is emerging as a key opportunity in the PCB market.

Miniaturization of devices and the invention of flexible PCBs have expanded the applications of PCBs. PCB has become a key factor to determine functionality and appearance of high-tech smart device components due to the increasing demand for multi-functional systems. The growing demand for PCBs from the automotive sector is also propelling the market growth. The growth in automotive sector is attributed to the various safety functions such as TPMS, anti-lock braking systems and others.

Geographically, Asia-Pacific held the largest market share of the global PCB market in 2017, with around 77% of the market share. The growth in APAC is attributed to the presence of many semi-conductor manufacturers, and growing adoption of smart devices in the region. North America held the second largest share of the global market in 2017.

Key players are AT&S; Nippon Mektron, Ltd.; Unimicron Corp.; Samsung Electro-mechanics.; Dynamic Electronics Co., Ltd.; Daeduck Electronics Co., Ltd.; CMK Corporation; Nan Ya PCB Co., Ltd.; TTM Technologies; Shenzhen Kinwong Electronic Co., Ltd.; among others.

PCB Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Printed Circuit Board- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global printed circuit board market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.6. Market dynamics

3.6.1. Market driver analysis

  3.6.1.1. Growing demand for wireless devices

  3.6.1.2. Increasing demand for flexible circuits

  3.6.1.3. Rising adoption of automation in various end-user industries

  3.6.1.4. Surging need for more efficient interconnect solutions

3.6.2. Market restraint analysis

  3.6.2.1. Fluctuating prices of raw materials

  3.6.2.2. Growing regulatory concerns regarding e-waste

3.6.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Printed Circuit Board Market Size and Forecast (2014 – 2024)

5.1. Global Printed Circuit Board Market, By Type (USD Billion)

5.1.1. Single Sided

5.1.2. Double-sided

5.1.3. Multi-layer

5.2. Global Printed Circuit Board Market, By Substrate type (USD Billion)

5.2.1. Rigid 1-2 sided

5.2.2. Standard multilayer

5.2.3. High-Density Interconnect (HDI)

5.2.4. IC substrate

5.2.5. Flexible circuits

5.2.6. Rigid-flex

5.2.7. Others

5.3. Global Printed Circuit Board Market, By Components (USD Billion)

5.3.1. Diodes

5.3.2. Capacitors

5.3.3. Resistors

5.3.4. Integrated Circuit

5.3.5. Others

5.4. Global Printed Circuit Board Market, By PCB Laminate type (USD Billion)

5.4.1. Paper

5.4.2. FR-4

5.4.3. CEM

5.4.4. Polyimide

5.4.5. Others

5.5. Global Printed Circuit Board Market, By Laminate material type (USD Billion)

5.5.1. Glass Fabric

5.5.2. Epoxy Resin

5.5.3. Kraft Paper

5.5.4. Phenolic Resin

5.6. Global Printed Circuit Board Market, By End-use (USD Billion)

5.6.1. Consumer Electronics

5.6.2. IT & Telecommunication

5.6.3. Communication

5.6.4. Aerospace and Defense

5.6.5. Automotive

5.6.6. Industrial Electronics

5.6.7. Healthcare

5.6.8. Others

CHAPTER 6. Global Printed Circuit Board Market Size and Forecast, By Geography (2014-2024)

6.1. North America Printed Circuit Board Market (USD Billion)

6.1.1. North America Printed Circuit Board Market, By Type (USD Billion)

6.1.2. North America Printed Circuit Board Market, By Substrate Type (USD Billion)

6.1.3. North America Printed Circuit Board Market, By Components (USD Billion)

6.1.4. North America Printed Circuit Board Market, By PCB Laminate type (USD Billion)

6.1.5. North America Printed Circuit Board Market, By Laminate Material Type (USD Billion)

6.1.6. North America Printed Circuit Board Market, By End-use (USD Billion)

6.1.7. North America Printed Circuit Board Market, By Country (USD Billion)

  6.1.7.1. US

  6.1.7.2. Canada

  6.1.7.3. Mexico

6.2. Europe Printed Circuit Board Market (USD Billion)

6.2.1. Europe Printed Circuit Board Market, By Type (USD Billion)

6.2.2. Europe Printed Circuit Board Market, By Substrate Type (USD Billion)

6.2.3. Europe Printed Circuit Board Market, By Components (USD Billion)

6.2.4. Europe Printed Circuit Board Market, By PCB Laminate type (USD Billion)

6.2.5. Europe Printed Circuit Board Market, By Laminate Material Type (USD Billion)

6.2.6. Europe Printed Circuit Board Market, By End-use (USD Billion)

6.2.7. Europe Printed Circuit Board Market, By Country (USD Billion)

  6.2.7.1. UK

  6.2.7.2. Germany

  6.2.7.3. France

  6.2.7.4. Italy

  6.2.7.5. Rest of Europe

6.3. Asia-Pacific Printed Circuit Board Market (USD Billion)

6.3.1. Asia-Pacific Printed Circuit Board Market, By Type (USD Billion)

6.3.2. Asia-Pacific Printed Circuit Board Market, By Substrate Type (USD Billion)

6.3.3. Asia-Pacific Printed Circuit Board Market, By Components (USD Billion)

6.3.4. Asia-Pacific Printed Circuit Board Market, By PCB Laminate type (USD Billion)

6.3.5. Asia-Pacific Printed Circuit Board Market, By Laminate Material Type (USD Billion)

6.3.6. Asia-Pacific Printed Circuit Board Market, By End-use (USD Billion)

6.3.7. Asia-Pacific Printed Circuit Board Market, By Country (USD Billion)

  6.3.7.1. China

  6.3.7.2. Japan

  6.3.7.3. India

  6.3.7.4. South Korea

  6.3.7.5. Rest of Asia-Pacific

6.4. Middle East and Africa (MEA) Printed Circuit Board Market (USD Billion)

6.4.1. MEA Printed Circuit Board Market, By Type (USD Billion)

6.4.2. MEA Printed Circuit Board Market, By Substrate Type (USD Billion)

6.4.3. MEA Printed Circuit Board Market, By Components (USD Billion)

6.4.4. MEA Printed Circuit Board Market, By PCB Laminate type (USD Billion)

6.4.5. MEA Printed Circuit Board Market, By Laminate Material Type (USD Billion)

6.4.6. MEA Printed Circuit Board Market, By End-use (USD Billion)

6.4.7. MEA Printed Circuit Board Market, By Country (USD Billion)

  6.4.7.1. UAE

  6.4.7.2. South Africa

  6.4.7.3. Rest of MEA

6.5. Central and South America (CSA) Printed Circuit Board Market (USD Billion)

6.5.1. CSA Printed Circuit Board Market, By Type (USD Billion)

6.5.2. CSA Printed Circuit Board Market, By Substrate Type (USD Billion)

6.5.3. CSA Printed Circuit Board Market, By Components (USD Billion)

6.5.4. CSA Printed Circuit Board Market, By PCB Laminate type (USD Billion)

6.5.5. CSA Printed Circuit Board Market, By Laminate Material Type (USD Billion)

6.5.6. CSA Printed Circuit Board Market, By End-use (USD Billion)

6.5.7. CSA Printed Circuit Board Market, By Country (USD Billion)

  6.5.7.1. Brazil

  6.5.7.2. Rest of CSA

CHAPTER 7. Key Players and Strategic Developments

7.1. AT&S

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Nippon Mektron, Ltd.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Unimicron Corp.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Samsung Electro-Mechanics

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Dynamic Electronics Co., Ltd.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. CMK Corporation

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Daeduck Electronics Co., Ltd.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Nan Ya PCB Co., Ltd.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. TTM Technologies

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Shenzhen Kinwong Electronic Co., Ltd.

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

Global Printed Circuit Board (PCB) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024