Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the printed circuit board market provides in-depth analysis of segments and sub-segments in global as well as regional printed circuit board market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional printed circuit board market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global printed circuit board market. According to the report the global printed circuit board market is projected to grow at a CAGR of x.x% over the forecast period of 2018-2024.
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 a 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 facilitate 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 for consumer
electronic product and smart devices are the major factors driving the growth
of the 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 enhance 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 the printed circuit board market. Going forward, growing
technological advancement such as the Internet of things (IOT) to provide further growth
opportunities for the market over the upcoming years. Moreover, Electronics and
semiconductors are the leading industry in the printed circuit board market.
Asia-Pacific region is the
leading contributor in the printed circuit board market. The factor such as
increasing usage of consumer electronics products coupled with rising disposable
income is mainly driving the PCB market. Also, the presence of a large number of
multinational and local manufacturers of PCB manufacturing companies is
facilitating growth in this region. In addition, growing demand for PCB from
various industry verticals and increasing population to boost the printed
circuit board market in Asia-Pacific region.
The report on global printed circuit board market covers
segments such as type and end user. On
the basis of type the global printed circuit board market is categorized into
single-sided PCBs, double-sided PCBs, multi-layer PCBs, rigid PCBs,
and rigid-flex PCBs. and flex PCBs. On the basis of end user the global printed
circuit board market is categorized into consumer electronics, automotive
electronics, telecommunications, and defense and aerospace, healthcare and
military.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region.
The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-Pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience growth at a CAGR of x.x% over the period of
2018-2024.
The report provides profiles of the companies in the global
printed circuit board market such as, Fujikura Ltd., Sumitomo Electric Industries
Ltd., TTM Technologies, Multi-Fineline Electronix Inc. (MFLEX), Nan Ya PCB
Corporation, Nitto Denko Corp., CMK, Daeduck Electronics, and Dynamic
Electronics.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global printed
circuit board market. Moreover, IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of printed circuit
board market. Moreover, the study highlights current market trends and provides
forecast from 2018-2024. We also have highlighted future trends in the printed
circuit board market that will impact the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an insight
on the market share of the leading players. This report will help
manufacturers, suppliers, and distributors of the printed circuit board market
to understand the present and future trends in this market and formulate their
strategies accordingly.
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