Increasing Smartphones Adoption to Drive PCB Industry Growth

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The Printed Circuit Board (PCB) Market size is expected to grow by USD 12.86 billion at a CAGR of 3.60% during the forecast period. According to the report titled “Printed Circuit Board Market by Product, End-user and Geography - Forecast and Analysis 2021-2025”, the rising adoption of smartphones is notably driving the printed circuit board (PCB) market growth, although factors such as environmental concerns regarding PCBs may impede the market growth.

The report extensively covers market segmentation by:

1. Product (4-6 low, substrates, 1-2 sided, flexible, and others),
2. End-user (communication network infrastructure, consumer electronics, automotive electronics, military and aerospace, and others), and
3. Geography (APAC, North America, Europe, MEA, and South America).

Major Five Printed Circuit Board (PCB) Companies:

• China Circuit Technology (Shantou) Corp.- The company offers PCBs that are used in telecommunications, automotive electronics, industrial automation, medical electronics, and other high-tech products.
• Compeq Manufacturing Co. Ltd.- The company offers PCBs such as general multilayer circuit boards, high-density circuit boards (HDI), high-level boards (HLC), flexible boards (FPC), and rigid-flex PCBs (Rigid-Flex PCB).
• Ibiden Co. Ltd.- The company offers PCBs with high quality and multiple functions according to users' requirements.
• Korea Zinc Co. Ltd.- The company offers PCBs for mobiles, cameras, CD-ROM, and printers through its subsidiary Young Poong Electronics.
• NOK Corp.- The company offers PCBs that are light in weight and designed with greater flexibility.

The printed circuit board (PCB) market report also offers information on several market vendors, including China Circuit Technology (Shantou) Corp., Compeq Manufacturing Co. Ltd., Ibiden Co. Ltd., Korea Zinc Co. Ltd., NOK Corp., Samsung Electro-Mechanics Co. Ltd., Sumitomo Electric Industries Ltd., TTM Technologies, Unimicron Technology Corp., and Zhen Ding Technology Holding Ltd. among others.

APAC will account for 93% of market growth. The major markets for printed circuit boards (PCBs) in APAC are China, Taiwan, South Korea (Republic of Korea), and Japan. The research provides a current review of the market's geographic distribution. APAC has been expanding at a substantial rate and is anticipated to provide market suppliers with several prospects for expansion during the anticipated timeframe.

Click here to buy the report "Printed Circuit Board Market by Product, End-user and Geography - Forecast and Analysis 2021-2025."