Overview
The Printed Circuit Board or PCB Board is the primary interface of the passive and active component, composite epoxy, IC substrates made from fiberglass, and other different laminated materials. Here, the conductive pathways are printed onto the boards that are used to connect different components on the board, for example resistors, transistors, and integrated circuits. The printed circuit boards are widely used in computers and various internal components like video cards, network interface cards, and more. The increasing usage of such board is driving this product market at a higher rate.
Apart from computers, these boards are used in some other electronic devices. For example, TVs, mobile phones, radios, tablets, cameras, and more. Previously, the boards were made of materials like Masonite, layered cardboard, wooden planks, and Bakelite. Now, new types of materials are used to make these boards, and they are quite durable. The Global PCB Board market is expected to grow at a higher CAGR owing to the massive growth of electronic industry. Besides, technical advancement is also driving the growth of the global market.
This new market research report provides printed circuit board market forecasts and trends from 2018 to 2022. The experts have suggested that the global market increased by 4.8 percent in 2018. However, the Compound Annual Growth Rate for the market is expected to be around 6.5 % during the forecast period. By the end of 2022, the entire market is expected to cross USD 3 billion. The demand for these boards may get affected due to increasing concern about the e-waste produced and its recycling.
HTD Group
Ningbo Lancor Electrical Appliance
Dongguan HRSC PCB
Advanced Circuits
ABP Electronics
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The World PCB Board market has been segmented on the basis of product type, application, or end-users and regions. The market segmentation by product includes Flex, 18+ high, Rigid-flex, 8-16 mid, 1-2 sides, substrates, Microvia, and 4-6 low. As per the latest report, the 4-6-layer board type segment is expected to be the largest segment in the coming years. The PCBs help to offer component density to the devices, and they are extensively used in the devices that come with capacitors, transistors, and resistors. On the basis of application, it is split into automotive, cellular phone, aerospace and defense, computing, peripheral & storage, networking & communication, medical, instrumentation & industrial, and others.
The global PCB Board market, geographically, has been split into Europe, South America, North America, Asia Pacific, and Middle East & Africa. Apart from the regions, the report also studies the market trend and growth of different major countries. These are the United States, China, Japan, India, France, Russia, Italy, Germany, Korea, South Africa, and more. It is expected that the Asia Pacific region is expected to enjoy a maximum market share in terms of revenue in the global market. Growing demand for flexible and small electronics, smartphones, etc will be a major trend for this regional market. The growing employment of flex circuits in wearable devices will also have a significant impact on the market.
In March 2019, GSPK Circuits emerged as the first UK PCB manufacturer to acquire aerospace and automotive accreditation. The PCBs of the company meets all the industry requirements for aerospace-related products.
In May 201, the San Francisco Circuits upgraded its turnkey PCB assembly capacity. The company is now planning to expand its services to other major countries.
Continued…..
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