Report Feature
Automotive PCB Market Trends and Forecast
The future of the global automotive PCB market looks promising with opportunities in ADAS and basic safety, body, comfort, and vehicle lighting, infotainment component, and powertrain component applications. The global automotive PCB market is expected to reach an estimated $7.8 by 2028 with a CAGR of 6.7% from 2023 to 2028. The major drivers for this market are growing demand for vehicles with convenience and comfort systems, increasing sales of hybrid electric vehicles (HEV) and battery electric vehicles, and rising trend of miniaturization and electrification in the automotive industry.
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Automotive PCB Market by Segment
The study includes trends and forecast for the global automotive PCB market by product type, application, vehicle type, and region, as follows:
Automotive PCB Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Double-Sided PCB
- Multi-Layer PCB
- Single-Sided PCB
- Others
Automotive PCB Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- ADAS and Basic Safety
- Body, Comfort, and Vehicle Lighting
- Infotainment Components
- Powertrain Components
- Others
Automotive PCB Market by Vehicle Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Passenger Cars
- Commercial Vehicles
Automotive PCB Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive PCB Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, automotive PCB companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive PCB companies profiled in this report include-
Automotive PCB Market Insights
- Lucintel forecasts that multi-layer PCB is expected to witness the highest growth over the forecast period due to growing demand for highly advanced electronics, such as camera modules, windshield HUDs, and enhanced telematics.
- ADAS and basic safety is expected to remain the largest application segment due to growing demand for autonomous vehicles and increasing penetration of safety technologies, such as ABS, anti-lock brakes, and TPMS in vehicles.
- APAC will remain the largest region due to the increasing demand for passenger cars and electric vehicles, rising consumer awareness towards safety features, and presence of major automakers in the region.
Features of the Automotive PCB Market
- Market Size Estimates: Automotive PCB market size estimation in terms of value ($B)
- Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Automotive PCB market size by various segments, such as by product type, application, vehicle type, and region
- Regional Analysis: Automotive PCB market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different product types, applications, vehicle types, and regions for the automotive PCB market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automotive PCB market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive PCB market size?
Answer: The global automotive PCB market is expected to reach an estimated $7.8 billion by 2028.
Q2. What is the growth forecast for automotive PCB market?
Answer: The global automotive PCB market is expected to grow with a CAGR of 6.7% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automotive PCB market?
Answer: The major drivers for this market are growing demand for vehicles with convenience and comfort systems, increasing sales of hybrid electric vehicles (HEV) and battery electric vehicles, and rising trend of miniaturization and electrification in the automotive industry.
Q4. What are the major segments for automotive PCB market?
Answer: The future of the automotive PCB market looks promising with opportunities in ADAS and basic safety, body, comfort, and vehicle lighting, infotainment component, and powertrain component applications.
Q5. Who are the key automotive PCB companies?
Answer: Some of the key automotive PCB companies are as follows:
Answer: The global automotive PCB market is expected to reach an estimated $7.8 billion by 2028.
Q2. What is the growth forecast for automotive PCB market?
Answer: The global automotive PCB market is expected to grow with a CAGR of 6.7% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automotive PCB market?
Answer: The major drivers for this market are growing demand for vehicles with convenience and comfort systems, increasing sales of hybrid electric vehicles (HEV) and battery electric vehicles, and rising trend of miniaturization and electrification in the automotive industry.
Q4. What are the major segments for automotive PCB market?
Answer: The future of the automotive PCB market looks promising with opportunities in ADAS and basic safety, body, comfort, and vehicle lighting, infotainment component, and powertrain component applications.
Q5. Who are the key automotive PCB companies?
Answer: Some of the key automotive PCB companies are as follows:
- Delphi Technologies
- Daeduck Electronics
- Meiko Electronics
- Unimicron Technology
- Chin Poon
Q6. Which automotive PCB segment will be the largest in future?
Answer: Lucintel forecast that multi-layer PCB is expected to witness the highest growth over the forecast period due to growing demand for highly advanced electronics, such as camera modules, windshield HUDs, and enhanced telematics.
Q7. In automotive PCB market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the demand for increasing passenger cars and electric vehicles, rising consumer awareness towards safety features, and presence of major automakers in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecast that multi-layer PCB is expected to witness the highest growth over the forecast period due to growing demand for highly advanced electronics, such as camera modules, windshield HUDs, and enhanced telematics.
Q7. In automotive PCB market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the demand for increasing passenger cars and electric vehicles, rising consumer awareness towards safety features, and presence of major automakers in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Automotive PCB Market
6.1.1 Growth Opportunities for the Global Automotive PCB Market by Product Type
6.1.2 Growth Opportunities for the Global Automotive PCB Market by Application
6.1.3 Growth Opportunities for the Global Automotive PCB Market by Vehicle Type
6.1.4 Growth Opportunities for the Global Automotive PCB Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the global automotive PCB market by product type (double-sided PCB, multi-layer PCB, and single-sided PCB), application (ADAS and basic safety, body, comfort, and vehicle lighting, infotainment components, and powertrain components), vehicle type (passenger cars and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last five years and what has its impact been on the industry? For any questions related to automotive PCB market or related to automotive PCB companies, automotive PCB market size, automotive PCB market share, automotive PCB analysis, automotive PCB market growth, automotive PCB market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
