Global Aerospace & Defense PCB Market Segments 2024, Forecast To 2033
5 Mar, 2024
The aerospace & defense PCB market has experienced steady growth, projected to increase from $1.33 billion in 2023 to $1.38 billion in 2024, with a 3.1% compound annual growth rate (CAGR). The historic growth is attributed to factors such as the increasing complexity of avionics systems and the rising demand for commercial aircraft. The market is expected to continue steady growth, reaching $1.58 billion in 2028, with a 3.6% CAGR. The forecasted growth is fueled by the rise of electric and hybrid aircraft, space exploration expansion, increased use of unmanned systems, growing demand for satellite systems, and trends like flexible PCB adoption and high-density interconnect integration.
Global Aerospace & Defense PCB Market Key Driver
The aerospace and defense PCB market anticipates growth driven by the increasing demand for commercial and military UAVs. The global drone market, worth $43 billion in 2022, is largely dominated by personal drones. The rising demand for UAVs, especially in military applications, boosts the aerospace and defense PCB market.
Get A Free Sample Of The Global Aerospace & Defense PCB Market ReportGlobal Aerospace & Defense PCB Market Segments
The aerospace & defense pcb market covered in this report is segmented –
1) By Type: Single Sided, Double Sided, Multilayer
2) By Design: Rigid PCB, Flexible PCB, Rigid-Flex PCB, High-Density Interconnect
3) By Aircraft: Narrow-body Aircraft, Wide-body Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, UAV, Spacecraft
4) By Application: Radar Installations, Power Supplies, Power Conversion, Radio Communication, Lighting, Engine Control Systems, Other Applications
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the aerospace & defense PCB market in 2023. Asia-pacific is expected to be the fastest-growing region in the aerospace and defense PCB market report forecast period. The regions covered in the aerospace & defense pcb market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Aerospace & Defense PCB Industry Players
Epec Engineered Technologies LLC; Amitron Corporation; Corintech Ltd.; Delta Circuits Inc.; MEDIATEK INC.; Advanced Circuits; Advanced Circuits Inc.; SCHMID Group; Technotronix; Surface Mount Technology Centre Corporation; Sanmina Corporation; IEC Electronics Corporation; Firan Technology Group Corporation; Amphenol Printed Circuits Inc.; Unimicron Technology Corporation; Microsemi Semiconductor; InterCAX LLC; Mer-Mar Electronics; Coat-X AG; IDEAS Engineering & Technology; Q-FLEX Industries; Rogers Corporation; Isola Group; Park Electrochemical Corp.; Ventec International Group; Arlon Electronic Materials; Taconic Advanced Dielectric Division; Wurth Electronics Midcom Inc.; Cirexx International; Multilayer Prototypes Inc.; Sierra Circuits Inc.; Sunstone Circuits; Bittele Electronics Inc.
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AIOps Aerospace & Defense PCB Market Overview
Aerospace and defense PCB (Printed Circuit boards) are specialized circuit boards that are designed to be used in aerospace and defense applications. These PCBs are designed to meet the specific requirements and standards of the aerospace and defense industries. Aerospace and defense PCBs are used as flight control systems, communication systems, and navigation systems.
Aerospace & Defense PCB Global Market Report 2023 provides data on the global aerospace & defense pcb market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The aerospace & defense pcb market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.