Printed Circuit Board (PCB) Market to Worth USD 117.53
From GlobeNewswire: 2025-06-02 09:00:00
The Printed Circuit Board (PCB) market was valued at $75.85 billion in 2023 and is projected to reach $117.53 billion by 2032, with a 4.99% CAGR. The industry is evolving due to 5G, IoT, AI, and sustainability demands, driving high-performance PCB designs and increased demand across all markets.
Asia-Pacific leads the PCB market with 46% revenue share in 2023, driven by China, Japan, South Korea, and Taiwan. North America is the fastest-growing region from 2024 to 2032, fueled by demand for high-performance PCBs in automotive, telecom, medical, and consumer electronics industries.
The Rigid Board segment accounted for 40% of total revenue in 2023, while the HDI Board segment is projected to grow fastest from 2024 to 2032. In terms of applications, the Consumer Electronics segment led the market in 2023, with the Automotive segment being the fastest-growing.
Recent developments include Nvidia and Foxconn partnering to build Taiwan’s leading AI supercomputing center, and Taiwan’s Unimicron facing a ransomware attack. The market report includes key segments, market size projections, competitive landscape, and company profiles.
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