Market Share of PCB Industry
The PCB market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Jabil Inc., Wurth Elektronik Group (Wurth group), TTM Technologies Inc., Becker & Muller Schaltungsdruck Gmbh, and Advanced Circuits Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
• April 2024 - TTM Technologies Inc., a global manufacturer of technology solutions such as radio frequency ("RF") components and advanced printed circuit boards, opened its first manufacturing plant in Penang, Malaysia, with an investment of USD 200 million. According to the company, the new facility is built in Penang Science Park and has highly advanced and automated PCB manufacturing capabilities.
• November 2023 - Jabil Inc. opened its third production facility in Chihuahua, Mexico, marking a milestone in its continued growth and commitment to the region. The plant spans more than 250,000 square feet. This expansion will be critical in supporting customers across the energy, automotive and transportation, healthcare, digital print, and retail industries. This new facility will enhance operational efficiency, flexibility, and the ability to deliver high-quality products.
PCB Market Leaders
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Jabil Inc.
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Wurth elektronik group (Wurth group)
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TTM Technologies Inc.
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Becker & Muller Circuit Printing GmbH
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Advanced Circuits Inc.
*Disclaimer: Major Players sorted in no particular order
