The Printed Circuit Board Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Printed Circuit Board Market?
The historical growth trend in the Printed Circuit Board Global Market Report 2025 market indicates steady expansion. The market size increased from $65.82 billion in 2024 to $68.75 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Printed Circuit Board Industry?
The global market for printed circuit boards is predicted to reach $86.5 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.9%.
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What are the Key Growth Drivers Fueling the Printed Circuit Board Market?
The key drivers in the printed circuit board market are:
• Rising demand for eco-friendly Printed Circuit Boards (PCBs)
• Increase in investments in 5G technology and telecom infrastructure
• Growth in the use of Internet of Things (IoT) devices
• Ongoing process of digitalization across various industries
Global Market Segmentation: Identifying Major Printed Circuit Board Industry Segments
The printed circuit board market covered in this report is segmented –
1) By Type: Single Sided, Double Sided, Multi-Layer, High Density Interconnect (HDI), Other Types
2) By Substrate: Rigid, Flexible, Rigid-Flex
3) By Laminate Type: FR-4, Polyimide, Other Laminate Types
4) By End-Use Industry: Industrial Electronics, Healthcare, Aerospace And Defense, Automotive, IT And Telecom, Consumer Electronics, Other End Users
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What are the Emerging Trends Shaping the Future of the Printed Circuit Board Market?
The key trends in the printed circuit board market are:
• The development of board-in-board connectors for increased efficiency and connectivity is a noteworthy trend.
• Adoption of advanced software tools specific to printed circuit boards is becoming prevalent.
• Utilization of artificial intelligence to enhance product quality is a significant emerging trend.
• There is growing focus on 3D printing for optimizing designs and materials, and developing sustainable PCBs.
Who Are the Top Competitors & Leading Players in the Printed Circuit Board Market?
Major companies in the printed circuit board market are:
• Zhen Ding Technology Holding Limited
• Unimicron Technology Corporation
• TTM Technologies Inc.
• NOK CORPORATION
• Tripod Technology Corporation
• AT&S Austria Technologie & Systemtechnik AG
• Kinwong
• Jabil Inc.
• Suzhou Dongshan Precision Manufacturing Co. Ltd
• Shennan Circuits
• Sumitomo Corporation
• Nippon Mektron Ltd
• Compeq Manufacturing Co Ltd
• CMK
• IBIDEN CO. LTD
• Ihara Electronic Industries Co. Ltd.
• Kyoden Co. Ltd.
• Genus Electrotech Ltd.
• Ascent Circuits Pvt. Ltd.
• Circuit Systems India Ltd.
• Shogini Technoarts Pvt, Ltd.
• Gilson Inc.
• Elvia PCB
• ICAPE Group
• Würth Elektronik Group
• EverMAX sro
• A3 v.o.s
• AJ Technology Ltd
• AWOS s.r.o
• Cemebo s.r.o
• EMS-ELECTRA SRL
• PCB ELECTRA
• DGTronik
• Flex Ltd
• Rush PCB Inc
• Custom Circuit Boards
• Journey Circuits Inc
• Mentor Graphics Corp
• Rockwell Collins Inc
• Telephonics Corporation
• NTI PCB Lab
• JHYPCB
• Bonam Electronic Projects
• Bosco Printed Circuits
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the printed circuit board market in 2024
