How big is the PCB Market?

The PCB Market size is expected to reach USD 80.33 billion in 2024 and grow at a CAGR of 4.87% to reach USD 96.57 billion by 2029. Read More

What is the current PCB Market size?

In 2024, the PCB Market size is expected to reach USD 80.33 billion. Read More

Who are the key players in PCB Market?

Jabil Inc., Wurth elektronik group (Wurth group), TTM Technologies Inc., Becker & Muller Circuit Printing GmbH and Advanced Circuits Inc. are the major companies operating in the PCB Market. Read More

Which is the fastest growing region in PCB Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in PCB Market?

In 2024, the Asia Pacific accounts for the largest market share in PCB Market. Read More

What years does this PCB Market cover, and what was the market size in 2023?

In 2023, the PCB Market size was estimated at USD 76.42 billion. The report covers the PCB Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the PCB Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

PCB Market Size, Share, Trends - Printed Circuit Board Industry Share & Outlook

PCB Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

This Report Covers the Trends Witnessed in the Printed Circuit Board (PCB) Market. The Market is Segmented by Type (Standard Multilayer PCBs, Rigid 1-2 Sided PCBs, HDI/Micro-via/Build-up, Flexible PCBs, Rigid-Flex PCBs, and Others), by End-User Industry (Industrial Electronics, Healthcare, Aerospace and Defense, Automotive, Communications, Consumer Electronics, and Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

PCB Industry Overview

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.