USD 78.9 billion
Multilayer Printed Circuit Board Market Size, Share, Growth Analysis, By Product(Rigid PCBs, Standard multilayer, HDI/build-up/microtia, Flexible circuits), By Substance(Rigid, Flexible, Rigid-flex), By Type(FR-4, FR-4 high Tg, FR-4 halogen free, Standard & Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45K2083 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
99
|Figures:
74
Multilayer Printed Circuit Board Market Insights
Multilayer Printed Circuit Board Market size was valued at USD 82.36 billion in 2022 and is poised to grow from USD 87.03 billion in 2023 to USD 135.41 billion by 2031, growing at a CAGR of 5.68% during the forecast period (2024-2031).
Multilayer Printed Circuit Boards are becoming popular since It has many benefits from a technical point of view such as small size, lightweight construction, high quality, increased durability, enhanced flexibility, more powerful single connection point.The need for compactness and lightweight in smartphones and computers will be perfectly complied with the help of multilayer printed circuit boards.
They are used in various sectors such as in electrical devices, military equipment, healthcare miniaturization and the expanding market for smart devices incorporated in home automation systems.The boards can increase functionality by incorporating multiple layers in a single printed circuit boards.They have innate electrical properties that provide high capacity and high speed in a smaller footprint.It is convenient for the manufacturers to manufacture PCB because it can be produced in both rigid and flexible construction. However, higher cost in availability of service, compactness of multiple boards generates a restrain for the growth of multilayer printed circuit boards market.
US Multilayer Printed Circuit Board Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
PCB
Fastest Growth
HDI/build up/Microtia
Growth Rate
5.68% CAGR
Global Multilayer Printed Circuit Board Market2021-2030 ($ Bn)
Country Share for Europe Region- 2021 (%)
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Multilayer Printed Circuit Board Market Segmental Analysis
Multilayer Printed Circuit Board market is segmented on the basis of product, substance, laminate material, end user and region. By product, the market is segmented into Rigid PCBs, Standard multilayer, HDI/build-up/microtia, Flexible circuits, IC substrate, Others. By substance the market is segmented into Rigid, Flexible, Rigid-flex. By laminate the market is segmented into FR-4, FR-4 high Tg, FR-4 halogen free, Standard & Others, Flexible (PI,PET), Paper, Composites, Others. By end use, the market is segmented into IT & Telecommunication, Consumer Electronics, Industrial Electronics, Automotive, Aerospace and Defence, Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Multilayer Printed Circuit Board Market Analysis by Product
By product, the global market is divided into many segments such as Rigid PCBs, Standard multilayer, HDI/build-up/microtia, Flexible circuits, IC substrate, Others. PCB segment held the largest global Multilayer Printed Circuit Board market share due to the wide range of benefits provided by Multilayer Printed Circuit Board in devices. HDI/build-up/microtia Is expected to be the fastest growing segment during the forecasted period.There are several properties of PCB such as high density interconnect which enables manufacture.To deploy one or more elements on both sides of raw printed surfeit by offering multiple alternative this excellent density over traditional circuit boards will improve the technology and drive the market.
Global Multilayer Printed Circuit Board Market By Vertical 2021 (%)
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Multilayer Printed Circuit Board Market Regional Insights
Globally, Asia Pacific is estimated to hold the highest global Multilayer Printed Circuit Board market share. Main factors during this growth period is the presence of top market players ,Rising application of printed circuit boards in various electronic devices. Existence of large numbers of producers in the Asia Pacific regions and others.
Above all, North America is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Multilayer Printed Circuit Board technology in various devices in the region of North America and mainly in the US and Canada. Penetration of mobile and other electronic devices in North America has doubled in the last few years. In addition, Major companies are investing heavily in order to provide high end services at an affordable price to the consumers, which is likely to boost the demand for Multilayer Printed Circuit Board in the region.
GlobalMultilayer Printed Circuit Board MarketBy Geography, 2021-2030
- Largest
- Fastest
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Multilayer Printed Circuit Board Market Dynamics
Multilayer Printed Circuit Board Market Drivers
Increasing Popularity of Smartphones to Bolster Market Growth
- The usage and demand for electronic gadgets such as smartphones, laptops, smart television has increased all across the globe, which is the major factor propelling the growth of printed circuit board market. Multilayer printed circuit board market airplaza. Vital role of automated machinery and cell tower in this much needed gadget era.The penetration of electronic devices is increased All across the globe due to the rise in global population, which in turn has led to a proliferation in the requirement for printed circuit boards. Not only are electronic devices used for household purposes, but also they are used in aerospace and military and other government institutions to run with all the efficiency which is likely to bolster the growth of multiple layer printing circuit board market.
Multilayer Printed Circuit Board Market Restraints
High Cost to Hinder Market Growth
- The cost of manufacturing, design and depaneling is one of the major factors in the process of making a multilayer printed circuit board which always goes on high side. Due to the higher cost of the boats, there is availability of cheaper alternatives which are used by all the major companies that manufacture electrical devices.The production time of producing multilayer printed circuit board is much longer than traditional single or double layer printed circuit board, which also adds cost to the final product.
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Multilayer Printed Circuit Board Market Competitive Landscape
Competition in the global Multilayer Printed Circuit Board market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of devices compatible with Multilayer Printed Circuit Board will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years.
Multilayer Printed Circuit Board Market Top Player’s Company Profiles
- Sumitomo Electric Industries
- Nippon Mektron Ltd.
- Compeq Manufacturing Co. Ltd.
- Amphenol
- ZD Tech
- TTM Technologies Inc.
- TE Connectivity
- Unimicron Technology Corporation
- Molex
- AT&S
- Hon Hai Precision Industry Co., Ltd.
- Sumitomo Denko
- Wurth elektronik group (Wurth group)
- Becker & Muller Schaltungsdruck GmbH
- Advanced Circuits Inc
- Murrietta Circuits
- Zhen Ding Technology Holding Limited
- Tripod Technology Corporation.
Multilayer Printed Circuit Board Market Recent Developments
- In September 2022, The establishment of "Würth Elektronik CBT International GmbH" was announced by Würth Elektronik Circuit Board Technology Group. The major objective of the new business division is to strengthen and expand the company's position on global markets, particularly in Europe.
Multilayer Printed Circuit Board Key Market Trends
- Introduction of AI, IoT and 5G will tremendously help the growth of multilayer PCB.In this today is digitized era,the use of 5G,AI,is the major trend and these trends go hand in hand with the ability to transmit, transfer, manage and process massive amounts of data. In a short space of time with low latency problems that can be fixed with the help of multilayer PCB.
Multilayer Printed Circuit Board Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Multilayer Printed Circuit Board market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it consists of such as from a technical point of view such as small size, lightweight construction, high quality, increased durability, enhanced flexibility, more powerful single connection point. Multilayer Printed Circuit Boards will enable devices to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 78.9 billion |
| Market size value in 2031 | USD 128.5 billion |
| Growth Rate | 5.68% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Multilayer Printed Circuit Board Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Multilayer Printed Circuit Board Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Multilayer Printed Circuit Board Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Multilayer Printed Circuit Board Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Multilayer Printed Circuit Board Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Multilayer Printed Circuit Board Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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