Global Printed Circuit Board Market Growth 2025-2031
Description
The global Printed Circuit Board market size is predicted to grow from US$ 79200 million in 2025 to US$ 99880 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
This report studies the Printed Circuit Board market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Printed Circuit Board market by product type and applications/end industries.
Market growth engine
China's dominant position: The market size of China is expected to reach 433.321 billion yuan in 2025 (accounting for over 50% of the global market), with AI and new energy vehicles as the core driving forces.
Sparks in specific fields
AI computing power demand: The value of PCB per server is 5,000 yuan, and the global market size will exceed 12 billion US dollars in 2025;
Automotive electronics: The demand for automotive PCBs will increase from 12% in 2020 to 20% in 2025 (exceeding 30 billion US dollars);
High-frequency communication: 5G/6G base stations drive the growth rate of high-frequency and high-speed PCBs by 25%.
Reconfiguration of regional competition landscape
Deepening of the Chinese cluster: The Pearl River Delta (with 40% of the national production capacity in Guangdong), the Yangtze River Delta, and the Bohai Rim have formed a high-end manufacturing belt; Leading enterprises (such as Pengding Holdings) will have a revenue share of AI-related business exceeding 70%, and they will enter the fields of optical modules/automotive radars.
Emerging capacity transfer: Southeast Asia takes on low-end capacity, and the annual sales growth rate of mid-range PCBs is 15%; The transfer of production capacity in the domestic central and western regions (such as Aosik Yiyang Factory) is accelerating, with a regional output growth rate of 20%.
Industry challenges and response strategies
Supply chain risks: Fluctuations in copper prices cause rising raw material costs and extended inventory cycles for manufacturers.
Breakthrough in technical barriers
High-end substitution: The import dependence of packaging substrates/high-frequency materials still exceeds 60%, and the R&D investment of leading enterprises accounts for 8%-10% of their revenue;
Vertical integration: Companies like BYD have laid out the entire chain from copper foil to copper-clad laminate to PCB, reducing costs by 12%.
By 2030, the PCB market will present a "dual-track parallel" development:
High-end track: HDI/high-frequency substrates dominate (CAGR > 7%);
Scale track: Flexible boards/automotive PCBs support emerging demand (Southeast Asia growth rate of 15%);
Policy (environmental protection RoHS/carbon neutrality) and technological innovation (AI + 6G) are the long-term growth engines.
LP Information, Inc. (LPI) ' newest research report, the “Printed Circuit Board Industry Forecast” looks at past sales and reviews total world Printed Circuit Board sales in 2024, providing a comprehensive analysis by region and market sector of projected Printed Circuit Board sales for 2025 through 2031. With Printed Circuit Board sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Printed Circuit Board industry.
This Insight Report provides a comprehensive analysis of the global Printed Circuit Board landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Printed Circuit Board portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Printed Circuit Board market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Printed Circuit Board and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Printed Circuit Board.
This report presents a comprehensive overview, market shares, and growth opportunities of Printed Circuit Board market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Rigid 1-2Sided
Standard Multilayer
HDI/Microvia/Build-Up
IC Substrate
Flexible Circuits
Rigid Flex
Others
Segmentation by Application:
Consumer Electronics
Computer
Communications
Industrial/Medical
Automotive
Military/Aerospace
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nippon Mektron
Unimicron
SEMCO
Young Poong Group
Ibiden
ZDT
Tripod
TTM
SEI
Daeduck Group
HannStar Board (GBM)
Viasystems(TTM)
Nanya PCB
CMK Corporation
Shinko Electric Ind
Compeq
AT&S
Kingboard
Ellington
Junda Electronic
CCTC
Redboard
Wuzhu Group
Kinwong
Aoshikang
Shennan Circuits
Key Questions Addressed in this Report
What is the 10-year outlook for the global Printed Circuit Board market?
What factors are driving Printed Circuit Board market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Printed Circuit Board market opportunities vary by end market size?
How does Printed Circuit Board break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
This report studies the Printed Circuit Board market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Printed Circuit Board market by product type and applications/end industries.
Market growth engine
China's dominant position: The market size of China is expected to reach 433.321 billion yuan in 2025 (accounting for over 50% of the global market), with AI and new energy vehicles as the core driving forces.
Sparks in specific fields
AI computing power demand: The value of PCB per server is 5,000 yuan, and the global market size will exceed 12 billion US dollars in 2025;
Automotive electronics: The demand for automotive PCBs will increase from 12% in 2020 to 20% in 2025 (exceeding 30 billion US dollars);
High-frequency communication: 5G/6G base stations drive the growth rate of high-frequency and high-speed PCBs by 25%.
Reconfiguration of regional competition landscape
Deepening of the Chinese cluster: The Pearl River Delta (with 40% of the national production capacity in Guangdong), the Yangtze River Delta, and the Bohai Rim have formed a high-end manufacturing belt; Leading enterprises (such as Pengding Holdings) will have a revenue share of AI-related business exceeding 70%, and they will enter the fields of optical modules/automotive radars.
Emerging capacity transfer: Southeast Asia takes on low-end capacity, and the annual sales growth rate of mid-range PCBs is 15%; The transfer of production capacity in the domestic central and western regions (such as Aosik Yiyang Factory) is accelerating, with a regional output growth rate of 20%.
Industry challenges and response strategies
Supply chain risks: Fluctuations in copper prices cause rising raw material costs and extended inventory cycles for manufacturers.
Breakthrough in technical barriers
High-end substitution: The import dependence of packaging substrates/high-frequency materials still exceeds 60%, and the R&D investment of leading enterprises accounts for 8%-10% of their revenue;
Vertical integration: Companies like BYD have laid out the entire chain from copper foil to copper-clad laminate to PCB, reducing costs by 12%.
By 2030, the PCB market will present a "dual-track parallel" development:
High-end track: HDI/high-frequency substrates dominate (CAGR > 7%);
Scale track: Flexible boards/automotive PCBs support emerging demand (Southeast Asia growth rate of 15%);
Policy (environmental protection RoHS/carbon neutrality) and technological innovation (AI + 6G) are the long-term growth engines.
LP Information, Inc. (LPI) ' newest research report, the “Printed Circuit Board Industry Forecast” looks at past sales and reviews total world Printed Circuit Board sales in 2024, providing a comprehensive analysis by region and market sector of projected Printed Circuit Board sales for 2025 through 2031. With Printed Circuit Board sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Printed Circuit Board industry.
This Insight Report provides a comprehensive analysis of the global Printed Circuit Board landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Printed Circuit Board portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Printed Circuit Board market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Printed Circuit Board and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Printed Circuit Board.
This report presents a comprehensive overview, market shares, and growth opportunities of Printed Circuit Board market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Rigid 1-2Sided
Standard Multilayer
HDI/Microvia/Build-Up
IC Substrate
Flexible Circuits
Rigid Flex
Others
Segmentation by Application:
Consumer Electronics
Computer
Communications
Industrial/Medical
Automotive
Military/Aerospace
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nippon Mektron
Unimicron
SEMCO
Young Poong Group
Ibiden
ZDT
Tripod
TTM
SEI
Daeduck Group
HannStar Board (GBM)
Viasystems(TTM)
Nanya PCB
CMK Corporation
Shinko Electric Ind
Compeq
AT&S
Kingboard
Ellington
Junda Electronic
CCTC
Redboard
Wuzhu Group
Kinwong
Aoshikang
Shennan Circuits
Key Questions Addressed in this Report
What is the 10-year outlook for the global Printed Circuit Board market?
What factors are driving Printed Circuit Board market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Printed Circuit Board market opportunities vary by end market size?
How does Printed Circuit Board break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
175 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Printed Circuit Board by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Printed Circuit Board by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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