The market for printed circuit boards, or PCBs, was estimated to be worth $11.22 billion in 2022 and is projected to grow to $14.72 billion by 2029 at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2029.

Printed Circuit Boards (PCBs) Market Overview:

This study aims to give a comprehensive analysis of the Printed Circuit Boards (PCBs) market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Printed Circuit Boards (PCBs)  sector. The value chain of the market is also thoroughly examined in this report.

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Market Scope:

The first step in the research process used to evaluate and forecast the Printed Circuit Boards (PCBs) Market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Printed Circuit Boards (PCBs) Market using the bottom-up methodology.


The PCB has grown to be an important determinant of how high-tech smart device components operate and appear as a result of the increasing demand for multifunctional systems. The increasing need for electronic equipment and telecommunication devices is predicted to fuel growth in the printed circuit board industry worldwide.
The global printed circuit board industry is primarily driven by the rising demand for electronic devices. Many people now consider electronics—such as laptops, cellphones, and other gadgets—to be necessities, and in order to stay up with the latest advancements in technology, they must upgrade to the next model. Cell towers, automated machinery, and other industrial equipment employ PCBs to save waste and optimize processes while operating quickly.


The printed circuit board (PCB) industry is divided into four categories based on type: single sided, double sided, multi-layer, and HDI. Double-sided printed circuit boards, or PCBs, are used in many different applications in daily electronics. Single-sided PCBs only have one conducting layer, however double-sided PCBs have one on each side. Solder mask and circuit copper layers encircle a dielectric layer on both sides.
Manufacturers producing goods requiring a beginner to expert degree of circuit complexity use double-sided printed circuit boards (PCBs). Although this kind of PCB is less dense and complex in its circuitry than multilayer PCBs, it is nonetheless a reasonable substitute in many different applications.

by Type

Single Sided
Double Sided

by Substrate


by End-User

Industry Industrial Electronics
Aerospace & Defense
IT & Telecom
Consumer Electronics

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Key Players: the key players are:

1. Jabil Inc.
2. Wurth Elektronik Group (Wurth group)
3. TTM Technologies, Inc.
4. Becker & Muller Schaltungsdruck GmbH
5. Advanced Circuits Inc.
6. Sumitomo Corporation
7. Murrietta Circuits
8. Unimicron Technology Corporation
9. Tripod Technology Corporation
10. AT&S Austria Technologie & Systemtechnik AG
11. Nippon Mektron Ltd.
12. Zhen Ding Technology Holding Limited
13. Nan Ya PCB
14. Young Poong
16. CMK
17. Other Key Players

Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Key Questions Answered in the Printed Circuit Boards (PCBs) Market Report are:

Which market segment held the biggest share in Printed Circuit Boards (PCBs) ?
How is the Printed Circuit Boards (PCBs) Market's competitive environment?
Which are the main elements influencing the growth of the Printed Circuit Boards (PCBs) Market?
Which area of the Printed Circuit Boards (PCBs) Market has the most share?
What will the Printed Circuit Boards (PCBs) Market's compound annual growth rate be between 2023 and 2029?

Key Offerings:

Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029

Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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