seobhushan (11)

1
Printed Circuit Board (PCB) Market valuation to
reach USD 75 Billion by 2027
2
Key Insights from Printed Circuit Board (PCB)
Market

• The printed circuit board (PCB) market is poised
  to witness appreciable growth through the coming
  years, owing to the surging commercialization of
  5G technology, which has led to the expansion of
  the telecom sector. In the telecom industry, PCBs
  are combined into the base station equipment,
  routers, analog and digital broadcasting systems,
  and servers, among others.
• Furthermore, major printed circuit board
  manufacturers have started adopting various
  strategies for the enhancement of their product
  portfolio and increasing their geographical
  expansion. For instance, in April 2020, Royal
  Circuits began the production of PCBs to be
  deployed in ventilators. The news came amid a
  spike in COVID-19 cases at the global level,
  realizing that more ventilators could save more
  lives.
• This growth is on account of the increasing
  demand for rigid-flex PCBs that offer numerous
  benefits such as large conductive tracks, hybrid
  circuit board design, and compact footprint. The
  architecture sustains the effect of vibrations
  and shocks on the devices, which escalates
  durability and device stability. Driven by these
  factors, the rigid-flex PCBs segment recorded
  more than 5 of the overall industry size in 2020
  and is slated to expand at a substantial CAGR of
  3 through the estimated period.

3
Continued

• Over the recent years, the adoption of double
  sided PCBs has increased considerably. These
  products accounted for a valuation of more than
  35 in 2020. However, double-sided PCBs are
  expected to register a decline through the
  projected period due to low circuit density and
  conductivity path when compared to High-Density
  Interconnect (HDI) and multi-layered printed
  circuit boards.
• Against HDI PCBs, double-sided PCBs have low
  operational efficiency, low-temperature
  stability, and do not conduct heavy currents in
  the circuitry. These factors have been
  instrumental in a fall in the demand for
  double-sided PCBs in automotive, industrial, as
  well as medical devices. Despite that, the
  low-cost structure in the process of
  manufacturing double-sided PCBs will augment
  product adoption in low-cost consumer electronics
  devices.

4
Regional Insights in Printed Circuit Board (PCB)
Market

• Considering the regional landscape of the
  printed circuit board (PCB) market, Europe
  recorded a share of 20 in 2020. The region is
  expected to witness a considerable CAGR of 2
  between 2021 and 2027. This rise is due to
  favorable government initiatives which support
  the growth of the regional semiconductor
  manufacturing and electronics industries.
• Citing an instance, in December 2018, the
  European Commission in partnership with Italy,
  Germany, the UK, and France announced a joint
  project for innovations and development in the
  field of microelectronics. The European Union has
  announced financing of USD 2.06 billion in
  research and development activities and an
  additional sum of 7.05 billion for attracting
  foreign semiconductor manufacturers to the
  region. Similar investments by governments across
  the region are set to create opportunities for
  high growth for the market.

5

Latest Research Report On Printed Circuit Board
(PCB) Market_at_ https//www.gminsights.com/industry
-analysis/printed-circuit-board-pcb-market
Request for a sample of this research report
_at_ https//www.gminsights.com/request-sample/detail
/5035
6
Major Companies in Printed Circuit Board (PCB)
Market

• TTM Technologies, Inc.
• Advanced Circuits Inc.
• Unimicron Technology Corporation
• Nitto Denko Corporation
• Sumitomo Electric Industries
• Fujikura Ltd.
• Nippon Mektron Ltd.

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