The rising demand for smart electronics along with varied electronics applications and the phenomenal rise in internet usage has led to the growth of the global printed circuit board market. The market is all set to rise at a CAGR of 3.47% over the forecast years of 2018-2026.
The Global Printed Circuit Board Market is segmented on the basis of raw materials, applications and substrate. These segments are however further sub-segmented. For instance, the raw materials segment of the PCB market is further divided into kraft paper, glass fabric, epoxy resin, phenolic resin and others. The applications for the PCB market are utilized for communications, military, industrial electronics, automotive and several other applications. Rigid-flex, standard-multilayer, rigid 1-2 sided, flexible circuits, IC, and high density interconnect are the sub-segments for substrate
The geographical segmentation of the global printed circuit boards market is done into Europe, Asia-Pacific, Europe and rest of the world. The rising interest of developing countries like South Korea, Japan, China, and India towards infrastructure development, the rapidly booming automobile industries and a largescale use of smart devices are the main reason why the Asia-Pacific market is dominating the PCB market. The region is also forecasted to exhibit the fastest growth over the estimated period of 2018-2026.
At&S, Ascent Circuit Private Limited, Compeq Ltd, Epitome Components Ltd, Daeduck Electronics, Hannstar Board Technology, Ibiden Inc, Hewlett-Packard Company, Isu Petasys, Nippon Mektron Ltd, Nanya Pcb Inc, Oki Printed Circuits Co. Ltd, Shennan Circuits, Samsung Electronics Inc,Tripod Technology Corporation, Unimicron Technology Corp, Ttm Technologies, Zhen Ding Technology Holding Ltd and Young Poong Electronics Co. Ltd are the global market players for PCB.