Printed Circuit Board Market 2021-2024: Growth Drivers, Business Statistics, Top Region with Share, and Revenue Analysis

Printed Circuit Board

The “Printed Circuit Board Market” Report provides a thorough examination of the market. The Printed Circuit Board Market research investigates how firms in the Printed Circuit Board Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Printed Circuit Board market report.

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Competitor Analysis:

Printed Circuit Board market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Jabil Inc.
  • Plexus Corp.
  • TTM Technologies, Inc.
  • Benchmark Electronics
  • Advanced Circuits
  • IEC Electronics Corp.
  • Murrietta Circuits
  • SigmaTron International, Inc.
  • AP Circuits

    Market Overview:

  • The printed circuit board market is expected to register a CAGR of 4.1% during the forecast period 2019-2024. A printed circuit board mechanically supports and electrically connects electronic components through the use of conductive tracks, pads and other features engraved from one or more sheet layers of copper that are laminated onto and between sheet layers of a non-conductive substrate.
  • – Miniaturization of devices is occurring in the recent time; the technology is getting shrunk into small sizes in order to increase efficiency as well as to reduce the space occupied by different components in order to make it aesthetically pleasing.
  • – The restriction on the external sourcing of the processes that are imposed by the United States government can act as a major restraint for this market. As technology is majorly outsourced to other countries, it can restrict the growth of the market due to compliance issues.
  • Key Market Trends:

    Healthcare is Expected to Hold a Significant Market Share

    Printed circuit boards(PCBs) have become critically important in the medical field. Due to the advancement in the technology, more and more medical diagnostic, research and treatment methods have become computerized. This is the reason behind PCBs for medical equipment becoming a standard requirement throughout the industry.

    PCBs can be found in various medical fields. From defibrillators, pacemakers, and heart monitors in the case of cardiovascular medical specification PCBs, to medical imaging systems, CT scans, MRIs, ultrasonic equipment and more.
    PCBs also find their applications in medical devices like body temperature monitors, blood glucose monitors and electrical muscle stimulation equipment. PCBs for medical equipment are everywhere.

    Pharmaceutical industry professionals will also often select flex or rigid-flex PCBs for their critical medical devices. The main reason behind this is that medical devices often do not conform to typical standards of PCB shape and size, and medical device professionals will want to make sure their printed circuit boards can fit into as small of an area as possible while remaining resistant to damage. Due to the growth of the Healthcare sector in the countries, the sales of printed circuit boards have been boosted substantially.

    The United States is Expected to Have a Significant Market Share

    Flexible printed circuit boards are adopted in a wide array of electronic devices which possess complex circuitry. Besides efficient interconnectivity solutions, flexible PCBs offer other benefits like reduced system maintenance which increases the possibility of their adoption by the manufacturers to improve their product quality.

    Although consumer electronics was the major contributor to the revenue of flexible PCBs over the years, consumption by the automotive electronics sector is expected to gather notable momentum during the forecast period, fuelling the sales globally. Demand from the aerospace and defense industry will also remain vital during the forecast period.

    The demand for the flexible printed circuit boards by smartphone manufacturers, connectivity antennas, other mobile devices, LCD display, and rechargeable batteries, is currently increasing at a fast pace. With exploding consumer electronics sector, the soaring popularity of IoT, and rising applications in the automotive industry are identified as the key factors that are likely contributing a positive impact on the sales of FPCBs in the near future. Quality performance and great packaging flexibility of flexible PCBs will contribute to their success in the interconnectivity solutions in the future.

    A rising trend of disposable electronics will also contribute substantially to market growth over the next few years. FPCB manufacturers are likely to encounter an increased number of opportunities in the healthcare sector. Moreover, high initial costs associated with flexible PCBs will act as a long established barrier to rapid mass adoption of the technology.

    Increasing demand for small, flexible electronics will act as a critical trend for the market. The growing use of flex circuits in electronic wearables will have a positive impact on the market. Moreover, materializing interest in foldable or rollable smartphones will create a massive number of opportunities for key market players soon.

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    Scope of the Report:

    Printing Circuit Board is an electronic circuit consisting of thin strips of a conducting material such as copper, which have been etched from a layer fixed to a flat insulating sheet and to which integrated circuits and other components are attached. Cheaper PCBs and perf boards are usually constructed with other materials such as epoxies or phenolics which lack the durability but are much less expensive.

    Highlighted points of Printed Circuit Board Market Report:

    • Varying dynamics of the Printed Circuit Board industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Printed Circuit Board market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Printed Circuit Board market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Printed Circuit Board Market report:

    • The Printed Circuit Board market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Printed Circuit Board market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Printed Circuit Board market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Printed Circuit Board Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growth in Demand of Recycled PCBs.
    4.3.2 Miniaturisation of Technology
    4.4 Market Restraints
    4.4.1 United States Restrictions on External Sourcing
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Single Sided
    5.1.2 Double Sided
    5.1.3 Multi-Layer
    5.2 By Substrate
    5.2.1 Rigid
    5.2.2 Flexible
    5.3 By End-user Industry
    5.3.1 Industrial Electronics
    5.3.2 Healthcare
    5.3.3 Aerospace & Defense
    5.3.4 IT & Telecom
    5.3.5 Automotive
    5.3.6 Consumer Electronics
    5.3.7 Other End-user Industries
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia Pacific
    5.4.4 Latin America
    5.4.5 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Jabil Inc.
    6.1.2 Plexus Corp.
    6.1.3 TTM Technologies, Inc.
    6.1.4 Benchmark Electronics
    6.1.5 Advanced Circuits
    6.1.6 IEC Electronics Corp.
    6.1.7 Murrietta Circuits
    6.1.8 SigmaTron International, Inc.
    6.1.9 AP Circuits

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

    Phone: +44 20 3239 8187 / +14242530807

    Email: [email protected]

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