Global Printed Circuit Boards (PCBs) Market to Reach $90.1 Billion by 2030, Driven by Multi-Layer Segment and Post-Pandemic Recovery


Dublin, July 13, 2023 (GLOBE NEWSWIRE) -- The "Printed Circuit Boards (PCBs): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Printed Circuit Boards (PCBs) estimated at US$60.2 Billion in the year 2022, is projected to reach a revised size of US$90.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030.

Multi-Layer, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$59.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Double-Sided segment is readjusted to a revised 4.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.7 Billion, While China is Forecast to Grow at 6.1% CAGR

The Printed Circuit Boards (PCBs) market in the U.S. is estimated at US$6.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$24 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Select Competitors (Total 225 Featured) -

  • Jabil Inc.
  • Plexus Corp.
  • TTM Technologies, Inc.
  • Benchmark Electronics
  • Advanced Circuits
  • Murrietta Circuits
  • SigmaTron International, Inc.
  • AP Circuits
  • Compeq Manufacturing Co. Ltd.
  • Ibiden Co. Ltd.
  • Unimicron Technology Corp.
  • Tripod Technology Corp.
  • Zhen Ding Technology Holding Ltd.

Key Attributes:

Report AttributeDetails
No. of Pages441
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$60.2 Billion
Forecasted Market Value (USD) by 2030$90.1 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • What are PCBs, Where are they Used & Why are they the Backbone of Electronics?
  • PCBs Are a Key Part of the Electronics Value Chain. COVID-19 Exposes the Risk of Value Chain Modularity
  • COVID-19 Emerges as a Black Swan Event for the Electronics Industry
  • Among the Hammered Companies in the Supply Chain is the "Semiconductor Industry"
  • Measuring the Impact of COVID-19 On the Semiconductor Industry in Terms of Disruption & Time to Recovery (In Months) as of May 2020
  • Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % Share of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
  • Falling Consumer Confidence Impacts Retail Sales of Consumer & Automotive Electronics
  • Rapidly Eroding Consumer Confidence Thwarts Hopes for a Quick Recovery: Global Consumer Confidence Index Points for 4Q2019, 1Q2020 & 2Q2020
  • Shrinking Disposable Incomes Take its Toll on Consumer Demand for Electronics: Global 1Q Sell-In Shipments of Electronic Products Estimated in Jan-2020 Vs March 2020 (In Million Units)
  • Deteriorating Business Confidence & Virus Led Economic Recession Impacts Prospects for Industrial Electronics
  • Virus Led Recession Frustrates Recovery of Upstream & Downstream Markets in the Electronics Industry: Global GDP Growth (In %) for the Years 2019, 2020 & 2021
  • Manufacturing Industry Bites the Dust Severing All Planned Digital & Electronic Plant Upgrade Investments: Global Manufacturing PMI Index Score January 2020 to May 2020
  • It's a Bumpy Road to Recovery as Loosening Up of Restrictions Triggers a Second Wave of Infections
  • Rising Global Infections Dampen Sentiment & Keep Businesses on Tenterhooks: Global Number of COVID-19 Infections Per Day in the Month of June 2020
  • Despite Moves to Reopen the Economy, Battered Business Confidence Plummets to New Depths: Business Confidence Index (BCI) Points
  • Printed Circuit Boards (PCBs) - Global Key Competitors Percentage Market Share in 2021 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
  • Recent Market Activity
  • World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Digital Transformation Catalyzed by the Pandemic Provides the Perfect Platform for Growth in the Post COVID-19 Period.
  • The Scenario Bodes Well for All Things Electronic & Digital. Special Focus on PCBs for Electronic Wearables
  • It's Not CIOs or CFOs, its COVID-19 Leading Digital Transformation Globally: Global Digital Transformation Spending (In US$ Trillion) for the Years 2019 through 2023
  • Post COVID-19 As Technology Steps Forward to Help With Social Distancing, Renewed Focus Will Be Shed on Industrial Automation
  • As a Lesson Learnt in Social Distancing from the COVID-19 Pandemic, Use of Industrial Robots to Spike in the Post COVID-19 Period: Industrial Robot Density (Units Per 10,000 Workers) for the Years 2019 & 2023
  • As Telemedicine Storms into the Spotlight in the Post COVID-19 Period, Medical Wearables to Offer Opportunities for Rigid-flex PCBs
  • COVID-19 Pandemic Catalyzes Migration to New Models of Remote Care Delivery & Boosts Importance of Electronics Subsystems Supporting Smart Wearables: Global Number of Telemedicine Patients (In Million) for the Years 2016, 2018, 2020, 2023 & 2025
  • A Return to Economic Normalcy Will Reignite Growth Drivers in the Consumer Electronics End-Use Sector
  • Smart Homes Emerge as a Disruptive Trend Enhancing Lives of Homeowners & Also Creating New Market Opportunities Players in the Electronics Value Chain: Global Smart Homes Market by Category in US$ Billion for the Years 2020 and 2022
  • The Coming Era of Electronification of Medical Devices to Bring Attractive Opportunities for Medical PCBs
  • A 47.1% Increase in Growth in the Post COVID-19 Period for the Medical Devices Industry Encourages an Optimistic Outlook for Medical PCBs: Global Medical Devices Industry (In US$ Billion) for the Years 2000, 2023 & 2025
  • PCBs are the Core of IoT Devices. Disruptions Caused by the Pandemic & the Push for Connected Tech to Benefit Market Growth
  • A Review of the IoT Opportunity for Flex and HDI PCBs
  • IoT to Take a Quantum Leap With the Pandemic Highlighting the Importance of Remote Operations in Ensuring Business Resiliency: Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Coronavirus Outbreak Makes Driverless Cars Attractive. Autonomous Cars Hold Robust Potential for Growth of PCBs in the Post COVID Period
  • Non-Contact Deliveries Made Popular by the Pandemic Will Ready the PCB Market for the Coming Age of Drones
  • What Does this Mean for PCB Designers and Manufacturers?
  • In the "Touch-Me-Not" Environment to Follow in the Post Pandemic Period, Use of Drones Will Rise to New Highs: Number of Countries Worldwide Using Drones/UAVs by Type 2019 & 2025
  • As Post Pandemic Economic Rebuilding Efforts Get Underway, Focus on Pandemic Ready Smart Cities Will Create a Hotbed of Opportunities for PCBs
  • Focus on Reshaping City Resilience to Future Pandemics & Crisis Will Spur Rejuvenated Spending on Smart City Projects in the Post COVID-19 Period, Providing a Goldmine of Opportunities for Electronic Technologies: Global Smart City Spending (In US$ Billion) for the Years 2021, 2023 & 2025
  • It's a Slower & Longer Road to Recovery for PCBs Used in Defense & Avionics
  • With the Aviation Industry on the Brink of Annihilation, Pre-Pandemic Digitalization Plans Will Take a Long Time to Witness a Return to Implementation: Expected Revenue Losses in Global Aviation (In US$ Billion)
  • Massive Employment Losses in Tourism Highlights How Far the Aviation Industry is from Making a Meaningful Recovery: Employment Losses in Tourism (In Million) by End of 2020
  • Integration of Artificial Intelligence Into PCB Design & Production Comes of Age

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/3lw4x6

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Global Market for Printed Circuit Boards (PCBs)

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