What is the global market size of Printed Circuit Board Market?

Global Printed Circuit Board Market size was valued at USD 78 billion in 2021 and is poised to grow from USD 82.41 billion in 2022 to USD 135.27 billion by 2030, growing at a CAGR of 5.66% in the forecast period (2023-2030).

Who are the key vendors in the Global Printed Circuit Board Market?

The following major companies in the global Printed Circuit Board Market are examined in-depth in the study, with attention paid to their production capacity, market shares, and recent developments such as capacity expansions, plant turnarounds, and mergers and acquisitions. 'Samsung Electro-Mechanics', 'Murata Manufacturing Co., Ltd.', 'TDK Corporation', 'Taiyo Yuden Co., Ltd.', 'Yageo Corporation', 'Walsin Technology Corporation', 'KOA Corporation', 'Vishay Intertechnology, Inc.', 'Panasonic Electronic Devices Co., Ltd.', 'ROHM Semiconductor', 'Bourns, Inc.', 'Susumu Co., Ltd.', 'Token Electronics Industry Co., Ltd.', 'Cyntec Co., Ltd.', 'Viking Tech Corporation', 'Holy Stone Holdings Co., Ltd.', 'Uniroyal Technology Corporation', 'Darfon Electronics Corporation', 'Caddock Electronics, Inc. ', 'Stackpole Electronics, Inc.'

What is the key driver of Global Printed Circuit Board Market?

Electronics, automotive (dashboards, engine management systems, power supplies, etc.), medical (heart monitors, imaging probes, drug metering devices), defense (radar, armored car control and security), lighting, broadcasting, aerospace, and many other industries use printed circuit Boards. It serves as the basis for the majority of electronic products and is still developing into new markets and uses.

What is the key market trend for Global Printed Circuit Board Market?

The production of devices needed for military navigation, guidance and control, electronic warfare, missiles and surveillance, and communication relies heavily on PCBs. India currently has the fifth-largest defense budget in the world, and over the next five years, these numbers are anticipated to rise steadily. Additionally, the nation's defense equipment manufacturing industry is expanding quickly thanks to rising demand and expanding government initiatives. Within the following five years, this is also expected to fuel PCB demand.

Which region accounted for the largest share in Printed Circuit Board Market?

The market is dominated by North America due to the region's thriving consumer electronics industry, increasing use of IoT-based applications, and rising usage in the automotive sector. One prominent international manufacturer of printed circuit boards, TTM Technologies, Inc., had, for instance, announced the opening of a new Engineering Center in New York. Due to China's larger market share and the region's greater feasibility as a manufacturing base for key electronic and communication components, Asia Pacific is predicted to hold the second-largest position in the global market. Additionally increasing their investments in the electronics sector are nations from the Middle East and Africa, which contributes to the market's expansion.

Top Printed Circuit Board Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Printed Circuit Board Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Printed Circuit Board industry players.

Printed Circuit Board Market Competitive Landscape

In coming years, a number of companies will try to deploy their partnerships and collaborations as the market is still in its early stages. However, the market consists of a large number of medium and small-scale manufacturers.

Printed Circuit Board Market Top Players Company Profiles

Nippon Mektron Ltd.
TTM Technologies, Inc.
Unimicron Technology Corporation
Zhen Ding Technology Holding Limited
Young Poong Electronics Co. Ltd.
Samsung Electro-Mechanics Co., Ltd.
Ibiden Co., Ltd.
Compeq Manufacturing Co., Ltd.
Tripod Technology Corporation
Daeduck GDS Co., Ltd.
Fujikura Ltd.
Sumitomo Electric Industries, Ltd.
CMK Corporation
AT&S Austria Technologie & Systemtechnik AG
Chin-Poon Industrial Co., Ltd.
Kingboard Laminates Holdings Limited
Shennan Circuits Co., Ltd.
WUS Printed Circuit Co., Ltd.
KCE Electronics Public Company Limited
Multek Corporation

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Global Printed Circuit Board USD 89.21 Billion in 2024 Market size was valued at USD 94.3 Billion in 2025 and is poised to grow from USD 146.92 Billion by 2033 to 5.7%, growing at a CAGR of (2026–2033) during the forecast period (2025-2032).

Large companies like Zhen Ding, Nippon Mektron, and Unimicron control the high-end segments of the moderately consolidated global printed circuit board market. To diversify geopolitical risk, strategic goals include investing in AI-based production systems, growing into EV and 5G infrastructure, and establishing locations outside of China. While businesses like Wurth Elektronik are implementing more ecologically friendly practices to meet sustainability goals, AT&S and TTM are giving priority to the development of HDI and IC substrates. 'Unimicron Technology Corp.', 'Jiva Materials', 'Amber Group', 'Zhen Ding Technology Holding', 'Nippon Mektron Ltd.', 'Compeq Manufacturing Co., Ltd.', 'Tripod Technology Corp.', 'TTM Technologies Inc.', 'AT&S AG', 'Jabil Inc.', 'Wurth Elektronik GmbH & Co. KG', 'Sanmina Corporation', 'Advanced Circuits', 'Ibiden Co., Ltd.'

HDI PCBs are becoming more necessary for effective signal routing in constrained spaces as electronic devices continue to get smaller and more complex. Better electrical performance, higher circuit densities, and finer lines are supported by these PCBs. The use of HDI PCBs has grown dramatically since the introduction of 5G smartphones and wearable technology, which have improved speed and performance in consumer electronics and telecom infrastructure worldwide.

Increasing Adoption of Flex and Rigid Flex PCBs: Flex and rigid-flex PCBs are being adopted for wearables, medical implants, foldable smartphones, and aerospace systems due to their bendability and size. These boards offer compact, rugged solutions for high-demand applications. It is projected that flex and rigid-flex PCBs will be more than 16% of worldwide PCB sales by 2025 and will continue to grow with the emergence of smart textiles and portable medical diagnostics.

How is reshoring and defense spending shaping North America’s PCB market?

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Printed Circuit Board Market

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Top Printed Circuit Board Companies

Printed Circuit Board Market Competitive Landscape

FAQs

What is the global market size of Printed Circuit Board Market?

Who are the key vendors in the Printed Circuit Board Market?

What is the key driver of Printed Circuit Board Market?

What is the key market trend for Printed Circuit Board Market?

Which region accounted for the largest share in Printed Circuit Board Market?

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