NEW YORK, Nov. 1, 2018 /PRNewswire/ -- Trends, opportunities and forecast in printed circuit board market to 2023 by end use industry (Computer/Peripheral, Communication, Consumer Electronics, Industrial Electronics, Automotive, Military/Aerospace, Others), substrate (Standard Multilayer, Flexible, HDI/Microvia/Build-Up, IC Substrate, Rigid 1-2 Sided, Rigid Flex, Others), laminate type (FR-4, flexible, Paper, CEM and others), laminate raw material type (Glass Fabric, Epoxy Resin, Kraft Paper, Phenolic Resin, Polyimide Film)
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The future of the PCB market looks promising with opportunities in the computer/peripherals, communications, consumer electronics, industrial, automotive, and military/aerospace industries. The global PCB market is expected to reach an estimated $80.1 billion by 2023 with a CAGR of 3.3% from 2018 to 2023. The major growth drivers for this market are increasing demand for PCB in the communication industry, growth in connected devices, and advancement in automotive electronics.
Emerging trends, which have a direct impact on the dynamics of the PCB industry, include miniaturization of printed circuit boards, growing demand for high speed data and signal transmission, and development of green PCBs.
PCB market by end use
The study includes PCB market size and forecast for the global PCB market through 2023, segmented by end use industry, by product type, laminate type, raw material type, and region as follows:
PCB Market by End Use Industry [$M shipment analysis for 2012 – 2023]:
Computer/Peripherals Communications Consumer Electronics Industrial Electronics Automotive Military/Aerospace Others
PCB Market by Product Type [$M shipment analysis for 2012 – 2023]:
Standard Multilayer Flexible Circuits HDI/Microvia/Build-up IC Substrate Rigid 1-2 Sided Rigid-flex Others
PCB Market by Laminate materials type [$M shipment analysis for 2012 – 2023]:
FR-4 FR-4 High Tg FR-4 Halogen Free Standard & Others Flexible Paper Composite Others
PCB Market by Raw Material Usage [$M shipment analysis for 2012 – 2023]:
Glass Fabric Epoxy Resin Kraft Paper Phenolic Resin Polyimide Film
PCB Market by Region [$M shipment analysis for 2012 – 2023]:
North America Europe Asia Pacific Rest of the World
Some of the PCB companies profiled in this report include Zhen Ding Technology Holding, NOK Corporation, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Samsung Electro-Mechanics, Tripod Technology, Ibiden Co., and Daeduck GDS and others.
Lucintel forecasts that standard multilayers will remain the largest substrate type due to increasing demand in computer and communication industries. The rigid-flex substrate is expected to witness the highest growth during the forecast period due to growing demand for smartphone and display applications.
Within the PCB market, computers/peripherals will remain the largest end use industry during the forecast period due to increasing demand for computer systems in business, healthcare, and educational sectors. The consumer electronics segment is expected to witness the highest growth due to the increasing demand for connected devices.
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period due to the increasing electronic content in automotive, and growth in consumer electronic devices and telecommunication products. Increasing usage of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for PCB in this region.
Some of the features of "Printed Circuit Board (PCB) Market Report: Trends, Forecast and Competitive Analysis" Include:
Market size estimates: Global PCB market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global PCB market size by various applications such as end use industry, product type, laminate, and raw material in terms of value and volume shipment.
Regional analysis: Global PCB market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for PCB in the global PCB market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for PCB in the global PCB market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global PCB market by end use industry (Computer/Peripheral, Communication, Consumer Electronics, Industrial Electronics, Automotive, Military/Aerospace, Others), substrate (Standard Multilayer, Flexible, HDI/Microvia/Build-Up, IC Substrate, Rigid 1-2 Sided, Rigid Flex, Others), laminate type (FR-4, flexible, Paper, CEM and others), laminate raw material type (Glass Fabric, Epoxy Resin, Kraft Paper, Phenolic Resin, Polyimide Film), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the PCB market?
Q.5 What are the business risks and threats to the PCB market?
Q.6 What are emerging trends in this PCB market and the reasons behind them?
Q.7 What are some changing demands of customers in the PCB market?
Q.8 What are the new developments in the PCB market? Which companies are leading these developments?
Q.9 Who are the major players in this PCB market? What strategic initiatives are being implemented by key players for business growth?
Read the full report: https://www.reportlinker.com/p05606238
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