Printed Circuit Board Market Size, Growth, Trends | Report 2023-2032
The global printed circuit board market was surpassed at USD 82.45 billion in 2022 and is expected to hit around USD 143.52 billion by 2032, growing at a CAGR of 5.70% from 2023 to 2032.
Key Pointers
| Report Coverage | Details |
| Market Size in 2022 | USD 82.45 billion |
| Revenue Forecast by 2032 | USD 143.52 billion |
| Growth rate from 2023 to 2032 | CAGR of 5.70% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Covered | Wurth elektronik group (Wurth group), TTM Technologies, Inc., Becker & Muller Schaltungsdruck GmbH, Advanced Circuits Inc., Sumitomo Corporation, Murrietta Circuits, Unimicron Technology Corporation, Tripod Technology Corporation, Nippon Mektron Ltd.,Zhen Ding Technology Holding Limited |
Printed circuit boards are electric boards, which help wiring surface-mounted and socketed components that are contained within a mechanical structure in most electronics. Their primary function is to physically support and electrically attach electronic devices by printing conductive pathways, tracks, or signal traces on copper sheets attached to a non-conductive substrate. They are used to connect electronic and electrical components without the use of wires.
The main types of printed circuit boards are single-sided, double-sided, multi-layered, high-density interconnect (HDI), and others. The single-sided PCBs are made out of a single layer of base material where the conductive copper and components are mounted on one side of the board and the conductive wiring is connected on the other side. The different substrates include rigid, flexible, and rigid-flex and consist of various laminate types such as paper, FR-4, polyimide, and others. The printed circuit boards are used by various end-use industries such as industrial electronics, healthcare, aerospace & defense, automotive, IT and telecom, consumer electronics, and others.
The printed circuit board market research report is one of a series of new reports from The Business Research Company that provides printed circuit board market statistics, including printed circuit board industry global market size, regional shares, competitors with a printed circuit board market share, detailed printed circuit board market segments, market trends and opportunities, and any further data you may need to thrive in the printed circuit board industry. This printed circuit board market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The use of biodegradable materials in printed circuit boards (PCBs) is shaping the printed circuit board market. Manufacturers are concentrating on decreasing electronic waste by replacing standard substrates with more ecologically friendly alternatives, which might help reduce the electronics sector's overall environmental effect while also potentially lowering assembly and manufacturing costs. For instance, in August 2022, the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab), a US-based research institute, developed a fully recyclable and biodegradable printed circuit to avoid mitigate the health and environmental hazards posed by heavy metal waste from landfill. These printed circuit boards (PCBs) are composed of biodegradable polyester binders, conductive fillers such as silver flakes or carbon black, and enzyme cocktails, in which conductive ink provides electrical conductivity from the silver or carbon black particles and the biodegradable polyester embedded with purified enzymes such as Burkholderia cepacian lipase (BC-lipase) promotes the easy degradation of polymer chain into monomer.
Printed Circuit Board Market Segmentations:
| By Product | By Substrate | By Laminate Materials | By Raw Material | By Application |
|
Rigid PCBs Standard multilayer HDI/build-up/microtia Flexible circuits IC substrate Others |
Rigid Flexible Rigid-flex |
FR-4 Flexible (PI,PET) Paper Composites Others |
Glass fabric Epoxy resin Kraft paper Phenolic resin Polyimide film |
Industrial electronics Aerospace & defense IT & telecom Automotive Consumer electronics Others |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Printed Circuit Board Market
5.1. COVID-19 Landscape: Printed Circuit Board Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Printed Circuit Board Market, By Product
8.1. Printed Circuit Board Market, by Product, 2023-2032
8.1.1. Rigid PCBs
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Standard multilayer
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. HDI/build-up/microtia
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Flexible circuits
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. IC substrate
8.1.5.1. Market Revenue and Forecast (2020-2032)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Printed Circuit Board Market, By Substrate
9.1. Printed Circuit Board Market, by Substrate, 2023-2032
9.1.1. Rigid
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Flexible
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Rigid-flex
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Printed Circuit Board Market, By Laminate Materials
10.1. Printed Circuit Board Market, by Laminate Materials, 2023-2032
10.1.1. FR-4
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Flexible (PI,PET)
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Paper
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Composites
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Printed Circuit Board Market, By Raw Material
11.1. Printed Circuit Board Market, by Raw Material, 2023-2032
11.1.1. Glass fabric
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Epoxy resin
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Kraft paper
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Phenolic resin
11.1.4.1. Market Revenue and Forecast (2020-2032)
11.1.5. Polyimide film
11.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Printed Circuit Board Market, By Application
12.1. Printed Circuit Board Market, by Application, 2023-2032
12.1.1. Industrial electronics
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Aerospace & defense
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. IT & telecom
12.1.3.1. Market Revenue and Forecast (2020-2032)
12.1.4. Automotive
12.1.4.1. Market Revenue and Forecast (2020-2032)
12.1.5. Consumer electronics
12.1.5.1. Market Revenue and Forecast (2020-2032)
12.1.6. Others
12.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Printed Circuit Board Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.1.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.1.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.1.5. Market Revenue and Forecast, by Application (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.1.7. Market Revenue and Forecast, by Application (2020-2032)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.8.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.1.8.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.1.8.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.1.8.5. Market Revenue and Forecast, by Application (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.2.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.2.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.2.5. Market Revenue and Forecast, by Application (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.2.7. Market Revenue and Forecast, by Raw Material (2020-2032)
13.2.8. Market Revenue and Forecast, by Application (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.2.10. Market Revenue and Forecast, by Raw Material (2020-2032)
13.2.11. Market Revenue and Forecast, by Application (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.2.13. Market Revenue and Forecast, by Application (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.2.15. Market Revenue and Forecast, by Application (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.3.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.3.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.3.5. Market Revenue and Forecast, by Application (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.3.7. Market Revenue and Forecast, by Application (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.3.9. Market Revenue and Forecast, by Application (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.3.10.5. Market Revenue and Forecast, by Application (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.3.11.5. Market Revenue and Forecast, by Application (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.4.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.4.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.4.5. Market Revenue and Forecast, by Application (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.4.7. Market Revenue and Forecast, by Application (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.4.9. Market Revenue and Forecast, by Application (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.4.10.5. Market Revenue and Forecast, by Application (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.4.11.5. Market Revenue and Forecast, by Application (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.5.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.5.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.5.5. Market Revenue and Forecast, by Application (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.5.7. Market Revenue and Forecast, by Application (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Substrate (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Laminate Materials (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Raw Material (2020-2032)
13.5.8.5. Market Revenue and Forecast, by Application (2020-2032)
Chapter 14. Company Profiles
14.1. Wurth elektronik group (Wurth group)
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. TTM Technologies, Inc.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Becker & Muller Schaltungsdruck GmbH
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Advanced Circuits Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Sumitomo Corporation
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Murrietta Circuits
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Unimicron Technology Corporation
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Tripod Technology Corporation
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Nippon Mektron Ltd.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Zhen Ding Technology Holding Limited
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers