Printed Circuit Board Market Report 2026

Printed Circuit Board Market Overview

• Printed Circuit Board market size has reached to $67.42 billion in 2025 • Expected to grow to $87.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.3% • Growth Driver: Impact Of Electric Vehicle Growth On The Printed Circuit Board Market • Market Trend: Transforming PCB Manufacturing: Artificial Intelligence (AI) Integration In PCB Manufacturing Enhances Production Efficiency And Quality Control • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Printed Circuit Board Market?

Printed circuit boards are electric boards, which help wiring surface-mounted and socketed components that are contained within a mechanical structure in most electronics. Their primary function is to physically support and electrically attach electronic devices by printing conductive pathways, tracks, or signal traces on copper sheets attached to a non-conductive substrate. They are used to connect electronic and electrical components without the use of wires. The main types of printed circuit boards are single-sided, double-sided, multi-layered, high-density interconnect (HDI), and others. The single-sided PCBs are made out of a single layer of base material where the conductive copper and components are mounted on one side of the board and the conductive wiring is connected on the other side. The different substrates include rigid, flexible, and rigid-flex and consist of various laminate types such as paper, FR-4, polyimide, and others. The printed circuit boards are used by various end-use industries such as industrial electronics, healthcare, aerospace & defense, automotive, IT and telecom, consumer electronics, and others.

What Is The Printed Circuit Board Market Growth Forecast?

The printed circuit board market size is expected to see strong growth in the next few years. It will grow to $87.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to demand for high density interconnect boards, rising use of pcbs in electric mobility, growth in miniaturized medical electronics, increasing adoption of rigid flex architectures, expansion of aerospace grade pcb requirements. Major trends in the forecast period include increasing adoption of multi layer pcb designs, rising use of hdi pcbs in compact electronics, growing demand for flexible and rigid flex pcbs, expansion of pcb usage in advanced automotive electronics, increasing need for high performance thermal management pcbs.

Global Printed Circuit Board Market Segmentation

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 Subsegments: 1) By Single Sided: Standard Single-Sided PCBs, Flexible Single-Sided PCBs, Rigid Single-Sided PCBs 2) By Double Sided: Standard Double-Sided PCBs, Flexible Double-Sided PCBs, Rigid Double-Sided PCBs 3) By Multi-Layer: Standard Multi-Layer PCBs (3-10 Layers), High Layer Count Multi-Layer PCBs (More Than 10 Layers), Flexible Multi-Layer PCBs, Rigid Multi-Layer PCBs 4) By High Density Interconnect (HDI): Microvia HDI PCBs, Buried And Blind Via HDI PCBs, Flexible HDI PCBs, Rigid HDI PCBs 5) By Other Types: Flexible PCBs, Rigid-Flex PCBs, Aluminum PCBs, Ceramic PCBs

What Is The Driver Of The Printed Circuit Board Market?

The increasing electric vehicle sales are expected to propel the growth of the printed circuit board market in the forecast period. Electric vehicles (EVs) are those that are powered entirely or partially by electricity. Printed circuit boards (PCBs) are used to connect electrical components in electric vehicles, such as simple audio and display systems. PCBs are also used in the production of charging stations, which allow electric vehicle users to charge their vehicles. For instance, in April 2024, according to the International Energy Agency (IEA), a France-based intergovernmental organization, reported that in 2024, the number of new electric car registrations in China reached 8.1 million in 2023, representing a 35% increase compared to 2022. Therefore, the increasing adoption of electric vehicles is driving the demand for the printed circuit board industry.

Key Players In The Global Printed Circuit Board Market

Major companies operating 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 Corporation, 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., Elvia PCB, ICAPE Group, Würth Elektronik Group, EverMAX s.r.o., 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., NTI PCB Lab, JHYPCB, Bonam Electronic Projects, Bosco Printed Circuits

Global Printed Circuit Board Market Trends and Insights

Major companies operating in the printed circuit board (PCB) market are focusing on adopting advanced technologies, such as AI-driven manufacturing systems, to improve production accuracy, enhance inspection capabilities, and reduce operational costs. AI in PCB manufacturing refers to the use of machine-learning algorithms and intelligent automation to optimize design validation, streamline assembly workflows, detect defects in real time, and increase overall production efficiency. For instance, in October 2023, Terran Orbital, a US-based aerospace and defense company, expanded its PCB manufacturing capabilities by opening two advanced Printed Circuit Board Assembly (PCBA) lines at its facility in Irvine, California. The new facility is equipped with state-of-the-art surface mount technology (SMT) lines and advanced inspection systems that elevate the company’s ability to produce, inspect, and test high-precision PCBAs, thereby strengthening quality control and supporting large-scale, high-reliability electronics production.

What Are Latest Mergers And Acquisitions In The Printed Circuit Board Market?

In July 2023, Sunshine PCB GmbH, a Germany-based manufacturer of high-frequency and multilayer printed circuit boards, acquired Vision Industries Sdn. Bhd. (Malaysia) for an undisclosed amount. With this acquisition, Sunshine sought to expand its Southeast Asia manufacturing footprint and broaden its microwave & high-frequency PCB product offering. Vision Industries Sdn. Bhd is a Malaysia-based PCB manufacturer offering 2–12 layer multilayer PCBs with controlled impedance, mixed dielectrics and high-frequency substrate materials.

Regional Outlook

Asia-Pacific was the largest region in the printed circuit board market in 2025. Asia-Pacific is also expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Printed Circuit Board Market?

The printed circuit board market consists of sales of single-sided printed circuit boards, double-sided printed circuit boards, multi-layer printed circuit boards, and other printed circuit boards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Printed Circuit Board Market Report 2026?

The printed circuit board market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the printed circuit board industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.