According to a new market report published by
Lucintel, the future of the printed circuit board (PCB) market looks promising with
opportunities in the communication, computer/peripheral, and automotive
industries. The global printed circuit board market is expected to reach an
estimated $72.6 billion by 2022 and is forecast to grow at a CAGR of 3.2% from
2017 to 2022. The major drivers of growth for this market are the strong demand
for smart phones and tablets along with growing automation in industries, such
as automotive and aerospace & defense.
In this market, rigid 1-2 sided, standard
multi-layer, HDI/microvia, IC substrate, flexible circuits, and rigid flex PCB substrates
are used in various industries. Lucintel forecasts that standard multilayer PCBs
will remain the largest segment due to the growth in computer and communication
industry. Lucintel predicts that the demand for rigid flex PCBs is likely to
experience the highest growth in the forecast period supported by growing
demand for smartphone and display applications.
Within the PCB market, the communication
industry is expected to remain the largest market. Continuous innovations in
smartphones and increasing demand from emerging economies are expected to spur
growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest
and fastest growing region due to the increasing production of electronic
components and devices in this region. Asia Pacific and the Rest of the World are
expected to witness significant growth over the forecast period because of growth
in communication, computer/peripheral, and consumer electronic products
propelled by economic expansion, increasing per capita income, and
urbanization.
For
market expansion, the report suggests innovation and new product development,
particularly for developing more technologically complex PCBs to support higher
speeds and component densities for high performance electronic products.
Emerging trends, which have a direct impact on
the dynamics of the industry, include the miniaturization of printed circuit
boards and development of green PCBs. Nippon Mektron, Zhen Ding
Technology Holding Limited, Young Poong Electronics Co., Ltd., Unimicron
Technology Corp. and Samsung Electro-Mechanics are among the major suppliers of
PCBs.
Lucintel, a leading global strategic consulting
and market
research firm, has
analyzed the global PCB market by end use industry, substrate type, laminate
type, raw material type, and region, and has come up with a comprehensive
research report, “Growth
Opportunities in the Global Printed Circuit Board (PCB) Market
2017-2022: Trends, Forecast and Opportunity Analysis.” The Lucintel report serves as a spring
board for growth strategy as it provides a comprehensive data and analysis on
trends, key drivers, and directions. The study includes a forecast of the global
PCBs market through 2022, segmented by end user industry, substrate type, laminate
type, raw material type, and region as follows:
By end use industry [$M shipment analysis for
2011 – 2022]:
·
Communications
·
Consumer electronics
·
Computer/peripheral
·
Military/aerospace
·
Industrial electronics
·
Automotive
·
Others
By substrate type [$M shipment analysis for
2011 – 2022]:
·
Rigid 1-2 sided
·
Standard multilayers
·
HDI/Microvia/Build-up
·
IC substrate
·
Flexible circuits
·
Rigid-flex
·
Others
PCB laminate market by type [$M shipment
analysis for 2011 – 2022]:
·
Paper
·
FR-4
·
CEM
·
Polyimide
·
Others
PCB laminate market by raw material type [Volume
(M lbs) and $M shipment analysis for 2011 – 2022]:
·
Glass Fabric
·
Epoxy Resin
·
Kraft Paper
·
Phenolic Resin
By region [$M shipment analysis for 2011 – 2022]:
·
North America
·
Europe
·
Asia Pacific
·
Rest of World
This 181-page research report will enable you
to make confident business decisions in this globally competitive marketplace.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
Lucintel
offerings include Telecommunication
Report, Telecommunication
Market Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT
Matrix.
About Lucintel
Lucintel, the premier global management
consulting and market research firm, creates winning strategy for growth. It
offers market assessments, competitive analysis, opportunity analysis, growth
consulting, M & A and due diligence services to executives and key
decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key
questions:
Q.1 What are some of the most promising
potential, high-growth opportunities for the global printed circuit board (PCB)
market by end user industry (communications, consumer electronics,
computer/peripheral, military/aerospace, industrial electronics, automotive,
and others), by substrate type (rigid 1-2 sided, standard multilayers,
HDI/microvia/build-up, IC substrate, flexible circuits, rigid-flex, and others), laminate type (paper, FR-4,CEM, polyimide,
and others), raw material type (glass
fabric, epoxy resin, kraft paper, and phenolic resin), 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 market?
Q.5
What are the business risks and threats to the market?
Q.6
What are emerging trends in this market and the reasons behind them?
Q.7
What are some changing demands of customers in the market?
Q.8
What are the new developments in the market? Which companies are leading these
developments?
Q.9
Who are the major players in this market? What strategic initiatives are being
implemented by key players for business growth?
Q.10
What are some of the competitive products and processes in this area and how much
of a threat do they pose for loss of market share via material or product
substitution?
Q.11
What M&A activities have occurred in the last 5 years?
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