Global PCB Market Expected to Reach an Estimated $72.6 Billion by 2022

Reading time ( words)

Research and Markets has announced the addition of the "Growth Opportunities in the Global Printed Circuit Board Market" report to their offering.

The global printed circuit board market is expected to reach an estimated $72.6 billion by 2022 and is forecast to grow at a CAGR of 3.2% from 2017 to 2022.

The future of the printed circuit board (PCB) market looks promising with opportunities in the communication, computer/peripheral, and automotive industries. The major drivers of growth for this market are the strong demand for smart phones and tablets along with growing automation in industries, such as automotive and aerospace & defense. 

Emerging trends, which have a direct impact on the dynamics of the industry, include the miniaturization of printed circuit boards and development of green PCBs. 

Printed circuit board companies profiled in this market report include Nippon Mektron, Zhen Ding Technology Holding Limited, Young Poong Electronics Co., Ltd., Unimicron Technology Corp. and Samsung Electro-Mechanics.

The author forecasts that standard multilayer PCBs will remain the largest segment due to the growth in computer and communication industry. Lucintel predicts that the demand for rigid flex PCBs is likely to experience the highest growth in the forecast period supported by growing demand for smartphone and display applications.

Within the PCB market, the communication industry is expected to remain the largest market. Continuous innovations in smartphones and increasing demand from emerging economies are expected to spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest and fastest growing region due to the increasing production of electronic components and devices in this region.


Suggested Items

Institute of Circuit Technology Meriden Seminar, 2018

03/21/2018 | Pete Starkey, I-Connect007
The Institute of Circuit Technology returned to Meriden, traditionally regarded as the centre of England, for its Annual General Meeting, which was followed by a technical seminar of five presentations, introduced as ever by Technical Director Bill Wilkie.

The Sum of All Parts: Defining Your Customer

03/09/2018 | Sam Sangani, PNC Inc.
These are the most typical ways in which someone will ask us who our customers are. Many times, the purpose is to see whether we work in the same spaces as them or as a way of gauging whether we are “worthy” enough of having them as a customer.

A Plug-in that Connects CAD Software to 3D Printer

03/13/2018 | Dan Feinberg
Nano Dimension's DragonFly 2020 Pro 3D Printer is a highly accurate and versatile inkjet deposition and curing system for printing professional multilayer circuit boards, structural electronics and antennas. In a sweeping discussion with Nano Dimension USA President Simon Fried, all my questions were answered about this innovative technology.

Copyright © 2018 I-Connect007. All rights reserved.