The global PCB market is expected to reach $80.1 billion by 2023


   November 15 2018
According to a new market report published by Lucintel, the future of the PCB market looks promising with opportunities in the computer/peripherals, communications, consumer electronics, industrial, automotive, and military/aerospace industries. The global PCB market is expected to reach an estimated $80.1 billion by 2023 with a CAGR of 3.3% from 2018 to 2023. The major growth drivers for this market are increasing demand for PCB in the communication industry, growth in connected devices and advancement in automotive electronics.

Browse 107 market data Tables and 142 Figures spread through 205 Pages and in-depth TOC on "Printed Circuit Board " https://www.lucintel.com/pcb-market.aspx

In this market, standard multilayer, flexible, HDI/microvia/build-up, IC substrate, rigid 1-2 sided, rigid flex, others are used for PCB manufacturing for substrate. Lucintel forecasts that standard multilayers will remain the largest substrate type due to increasing demand in computer and communication industries. The rigid-flex substrate is expected to witness the highest growth during the forecast period due to growing demand for smartphone and display applications.

Within the PCB market, computers/peripherals will remain the largest end use industry during the forecast period due to increasing demand for computer systems in business, healthcare, and educational sectors. The consumer electronics segment is expected to witness the highest growth due to the increasing demand for connected devices.

Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period due to the increasing electronic content in automotive, and growth in consumer electronic devices and telecommunication products. Increasing usage of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for PCB in this region.

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Emerging trends, which have a direct impact on the dynamics of the PCB industry, include miniaturization of printed circuit boards, growing demand for high speed data and signal transmission, and development of green PCBs. Zhen Ding Technology Holding, NOK Corporation, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Samsung Electro-Mechanics, Tripod Technology, Ibiden Co., and Daeduck GDS and others are among the major suppliers of PCB.

Lucintel, a leading global market research firm has analyzed growth opportunities in the global PCB market by end use industry, by product type, laminate type, raw material type, and region has compiled a comprehensive research report entitled “Growth Opportunities in the Global Printed Circuit Board (PCB) Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global PCB market by end use industry, by product type, laminate type, raw material type, and region as follows:

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By End Use Industry [$M shipment analysis for 2012 – 2023]:


  • Computer/Peripherals


  • Communications


  • Consumer Electronics


  • Industrial Electronics


  • Automotive


  • Military/Aerospace


  • Others


By Product Type [$M shipment analysis for 2012 – 2023]:


  • Standard Multilayer


  • Flexible Circuits


  • HDI/Microvia/Build-up


  • IC Substrate


  • Rigid 1-2 Sided


  • Rigid-flex


  • Others 


 By Laminate materials type [$M shipment analysis for 2012 – 2023]:


  • FR-4


    • FR-4 High Tg 


    • FR-4 Halogen Free


    • Standard & Others




  • Flexible


  • Paper


  • Composite


  • Others 


 By Raw Material Usage [$M shipment analysis for 2012 – 2023]:


  • Glass Fabric


  • Epoxy Resin


  • Kraft Paper


  • Phenolic Resin


  • Polyimide Film 


By Region [$M shipment analysis for 2012 – 2023]:


  • North America


  • Europe


  • APAC


  • ROW


This 205-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pcb-market.aspx#/ or   helpdesk@lucintel.com.

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