Report Highlights
The global markets for printed circuit boards (PCBs) was valued at $67.9 billion in 2023. It is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.
Report Includes
- 63 data tables and 46 additional tables
- An analysis of the global markets for printed circuit board (PCB) technologies in electronic devices manufacturing
- Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2025 and 2028, and projected CAGRs through 2029
- Estimate of the current market size and revenue prospects, along with a market share analysis by assembly technology, type of PCB, structure, thickness, end-user industry, and region
- Facts and figures pertaining to the market dynamics, technological trends and advances, regulations, and the influence of macroeconomic factors
- Porter’s Five Forces and global supply chain analyses
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, the ESG practices of leading companies and their ESG scores
- Analysis of the competitive landscape, including company shares, strategic alliances, M&A activity and venture fundings outlook
- Company profiles of market leaders, including Zhen Ding Tech. Group, Sanmina Corp., Suzhou Dongshan Precision Manufacturing Co. Ltd., Fujikura Ltd., and Unimicron
Report Scope
This report analyzes current trends in the global market for printed circuit boards (PCBs). It includes base year data from 2023, and projected data from 2024 to 2029. The report provides the global revenue ($ millions) for five market segments (assembly technology, PCB type, PCB structure, PCB thickness, and end-user industry) and four regions (North America, Europe, Asia-Pacific, and Rest of the World).
The report examines the drivers and challenges to the market’s growth and the leading PCB manufacturers. It analyzes the emerging technologies in the PCB market, and the competitive and technological factors differentiating the leading companies. It also evaluates the environmental, social and governance (ESG) developments in the PCB industry.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $67.9 Billion | ||||||||||||||||
| Market size forecast | $92.4 Billion | ||||||||||||||||
| Growth rate | CAGR of 5.4% from 2024 to 2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | By Assembly Technology, PCB Type, Structure, Thickness, End-User Industry, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (South America and the Middle East and Africa) | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, U.K., France, China, Taiwan, South Korea, Japan and India | ||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||
| Companies studied |
|
||||||||||||||||
Frequently Asked Questions (FAQs)
Analyst Credentials
Masaratjahan Kudle – Associate Consultant – Technology Research
Masaratjahan Kudle is a highly skilled market research consultant with six years of experience in the technology domain. She has a strong background in data analysis and is highly skilled in gathering and interpreting market intelligence to drive business growth. Masaratjahan has worked with numerous clients throughout her career, helping them make informed decisions about their market strategies. She holds a Computer Science and Engineering degree.
Report Highlights
The global printed circuit boards market should reach $95.4 billion by 2027 from $74.0 billion in 2022 at a compound annual growth rate (CAGR) of 5.2% for the forecast period of 2022 to 2027.
Report Includes
- 41 data tables and 37 additional tables
- An up-to-date overview and analysis of the global markets for printed circuit boards (PCBs) and related electronics manufacturing technologies
- Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the market potential for printed circuit boards, industry growth drivers, and areas of focus to forecast the global PCB market into various segments and sub-segments
- Assessment of the underlying technological, environmental, legal/regulatory, and political trends that may influence the size and nature of the market
- Estimation of the actual market size and market forecast for printed circuit board, and corresponding market share analysis based on type, assembly technology, material, end-use application, and region
- Latest information on growth driving factors and opportunities in the consumer electronics industry, industry shifts and regulations, and other demographic and regional factors that will influence this market demand in the coming years (2022-2027)
- Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages
- Market assessment of the COVID-19 impact on the global PCB industry, along with its implications on demand and supply, price impact and various government strategic decisions
- Descriptive company profiles of the leading global players, including Advanced Circuits, CMK Corp., Meiko Electronics Co. Ltd., Nok Corp., Samsung Electro-Mechanics and TTM Technologies
Report Highlights
The global market for printed circuit board should grow from $64.6 billion in 2018 to reach $75.8 billion by 2023 at a compound annual growth rate (CAGR) of 3.2% for the period of 2018-2023.
Report Includes
- 113 tables
- An overview of the global market for Printed Circuit Board (PCB)
- Analyses of global market trends, with data from 2017, estimates for 2018 and projections of CAGRs through 2023
- Definition, types and characteristics of PCB adoption in end applications
- Discussion of the influence of internet of things (IoT), automotive and manufacturing sectors to the growth of PCB industry
- Company profiles of major players in the market, including Nippon Mektron, Zhen Ding Technology Holding Limited, TTM Technologies, Young Poong Electronics Co., Ltd., Unimicron Technology Corp., and Samsung Electro-Mechanics
Report Highlights
The global market for printed circuit boards (PCBs) reached nearly $61.5 billion in 2015. The market is expected to reach nearly $73.8 billion by 2021 from $63.5 billion in 2016, increasing at a compound annual growth rate (CAGR) of 3.1% from 2016 to 2021.
Report Includes
- An overview of the global markets and related technologies for printed circuit boards.
- Analyses of global market trends, with data for 2015, estimates for 2016, and projections of CAGRs through 2021.
- Breakdowns and analysis by structure:
- Multilayer
- Flexible
- Rigid-flex
- Microvia
- Substrate
- Breakdowns by application:
- Telecommunications
- Medicine
- Computing and entertainment
- Consumer electronics
- Instrumentation and scientific research
- Energy, defense, and surveillance
- Industrial and automotive
- Analysis of the value chain including looks at material specialists, board makers, engineering manufacturing service providers and OEMs.
- Profiles of major players in the industry.
Related Reports
Electric Vehicles and Fuel Cell Vehicles: Global Markets
The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.
Industrial IoT (IIoT): Global Markets
The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028.
Electronics Contract Manufacturing and Design Services: The Global Market
The global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.2% from 2023 through 2028.
Electronic Chemicals and Materials: The Global Market
The global electronic chemicals and materials market should reach $76 billion by 2027 from $59.4 billion in 2022 at a compound annual growth rate (CAGR) of 5.0% for the forecast period of 2022 to 2027.
Recent Reports
Global Chiplets Market
This report assesses the chiplets market by processor, packaging technology, end-user, and regions. It also analyzes related companies and service providers. The report also discusses market dynamics, such as drivers, opportunities, and restraints. The study forecasts the market value ($ million) of chiplets for key geographies. The report also focuses on the key emerging technologies that will fuel their adoption in the near future.
Printed Circuit Boards: Technologies and Global Markets
The global markets for printed circuit boards (PCBs) was valued at $67.9 billion in 2023. It is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.
High-speed Data Converters: Global Markets and Growth Forecast
The global market for high-speed data converters is expected to grow from $3.2 billion in 2024 and is projected to reach $4.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024 to 2029.
Global Markets, Technologies and Materials for Thin and Ultrathin Films
The global market for thin and ultrathin films is expected to grow from $20.6 billion in 2023 to $38.8 billion by the end of 2028, at a compound annual growth (CAGR) of 13.5% from 2023 to 2028.
Global IoT Chips Market
The report provides an analysis of the size of the global market for IoT chips. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. The report explores the impact of the COVID-19 pandemic and the Russia-Ukraine war on the global market for IoT chips. The report concludes with profiles of the major players in the market.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More