Printed Circuit Board Market Poised to Grow at a CAGR of x.x% by 2024

Printed Circuit Board Market Poised to Grow at a CAGR of x.x% by 2024


Infinium Global Research has added a new report on printed circuit board market. The report presents analysis of global as well as regional markets of printed circuit board market over the period of 2016 to 2024.

 

Printed circuit board provides mechanical support and connects to electronic components such as battery, resistors, LED’s, transistor, capacitates inductors and several other electronic components. PCB is also known as printed wiring board (PWB) or printed wiring cards (PWC). It is formed by combining different sheets of non-conductive material such as plastic or fiberglass that easily holds the copper conductivity. In addition, PCB can hold several electronic components that may be soldered without using visible wires that facilitates its use. PCB’s are the building blocks of all electronic products and some electrical equipment. They are widely available in various types, flex circuits and rigid-flex PCB are some of the most commonly used PCB’s.

 

Increasing demand of consumer electronic product and smart devices are the major factors driving the growth of printed circuit board market. In addition, the factor such as augmented demand of eco-friendly PCB’s due to increased electronic waste, rapid growth in IOT devices and rising demand from new economies, enhances the growth of this market. Furthermore, Increased R&D activity and Government and corporate spending will also contribute to growth in demand for printed circuit board market. However, the fluctuation in raw material prices is expected to hamper the revenue of printed circuit board market. Going forward, growing technological advancement such as Internet of things (IOT) to provide further growth opportunities for the market over the upcoming years. Moreover, Electronics and semiconductors is the leading industry in the printed circuit board market.

 

Asia pacific region is the leading contributor in printed circuit board market. The factor such as increase usage of consumer electronics products coupled with rising disposable income is mainly driving the PCB market. Also, presence of large number of multinational and local manufacturers of PCB manufacturing companies is facilitating growth in this region. In addition, growing demand of PCB from various industry verticals and increasing population to boost the printed circuit board market in Asia pacific region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global printed circuit board market but also make strategic decisions to capture the most lucrative markets in the near future.

 

The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global printed circuit board market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1485

 

The recent report identified that Asia Pacific dominated the global printed circuit board market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the printed circuit board market worldwide.

 

The report segments the global printed circuit board market on the basis of Type and End User.

 

Global Printed Circuit Board Market by Type

·         Single-sided PCBs

·         Double-sided PCBs

·         Multi-layer PCBs

·         Rigid PCBs

·         Rigid-Flex PCBs.

·         Flex PCBs

 

Global Printed Circuit Board Market by End User

·         Consumer Electronics

·         Automotive Electronics

·         Telecommunications

·         Defense And Aerospace

·         Healthcare

·         Military

 

Companies Profiled in the Report

·         Fujikura Ltd.

·         Sumitomo Electric Industries Ltd.

·         TTM Technologies

·         Multi-Fineline Electronix Inc. (MFLEX)

·         Nan Ya PCB Corporation

·         Nitto Denko Corp.

·         CMK

·         Daeduck Electronics

·         Dynamic Electronics

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

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