What is Global Printed Circuit Boards (PCB) for Automotive Market?
The Global Printed Circuit Boards (PCB) for Automotive Market is a vast and dynamic sector that plays a crucial role in the automotive industry. PCBs are essentially the backbone of electronic devices, and in the automotive industry, they are used in various applications ranging from basic functions like controlling the car's lights to more complex systems like engine management and safety systems. The global market for these PCBs is substantial, with a value of US$ 6999.7 million in 2022. This market is expected to grow significantly, reaching a projected value of US$ 9012.7 million by 2029. This growth represents a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period of 2023-2029.
Single Layer Rigid PCB, Multilayer Rigid PCB, Flexible PCB in the Global Printed Circuit Boards (PCB) for Automotive Market:
The Global Printed Circuit Boards (PCB) for Automotive Market is segmented into Single Layer Rigid PCB, Multilayer Rigid PCB, and Flexible PCB. Single Layer Rigid PCBs are the simplest type of PCBs, consisting of a single layer of base material or substrate. These PCBs are used in simple electronic devices and are less expensive compared to other types. Multilayer Rigid PCBs, on the other hand, consist of several layers of substrate material with insulating layers in between. These PCBs are used in more complex electronic devices and are more expensive. Flexible PCBs, as the name suggests, are flexible and can be bent to fit into small spaces. These PCBs are used in devices where space and weight are a concern.
Safety System, Power System, Vehicle Electronic, Others in the Global Printed Circuit Boards (PCB) for Automotive Market:
The Global Printed Circuit Boards (PCB) for Automotive Market finds its application in various areas such as Safety System, Power System, Vehicle Electronic, and Others. In the Safety System, PCBs are used in devices like airbags, anti-lock braking systems, and other safety features. In the Power System, PCBs are used in the management of the vehicle's power supply, including the battery and the alternator. In Vehicle Electronics, PCBs are used in various electronic devices in the vehicle, including the stereo system, navigation system, and others.
Global Printed Circuit Boards (PCB) for Automotive Market Outlook:
The outlook for the Global Printed Circuit Boards (PCB) for Automotive Market is positive, with significant growth expected in the coming years. The market, which was valued at US$ 6999.7 million in 2022, is projected to reach a value of US$ 9012.7 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period of 2023-2029. The market is dominated by major suppliers, with Jingpeng leading the pack. Jingpeng is the world's largest supplier of automotive PCBs, with a production share of more than 10% in the global market in 2019.
| Report Metric | Details |
| Report Name | Printed Circuit Boards (PCB) for Automotive Market |
| Accounted market size in 2022 | US$ 6999.7 million |
| Forecasted market size in 2029 | US$ 9012.7 million |
| CAGR | 3.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Jingpeng, TTM, CMK, Meiko, KCE, Jiantao, Jianding, ATS, Qisheng, Yidun, WUSPRINTED CIRCUIT CO., LTD, KINWANG, Schweizer, Sheng Hong, BPMIN ELECTRONIC, Aoshikang |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
