-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
High Demand from Automotive Sector to Boost the PCB Market
October 24, 2017 | Business WireEstimated reading time: 2 minutes
According to the latest market study released by Technavio, the global printed circuit board (PCB) market is expected to grow at a CAGR of more than 6% during the forecast period.
This research report titled ‘Global Printed Circuit Board Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
Communication network infrastructure
Communication network infrastructure includes enterprise network equipment, wireline network equipment, subscriber equipment, data center server, and cable/multiservice operator equipment. The deployment of next-generation wireless networks such as Wi-Fi, WiMAX, 3G/4G, and ultra-wideband requires highly centralized and decentralized base station and complex telecommunication network infrastructure. This requires high-performance printed circuit board for broadcasting networks. In addition, rising virtualization and cloud computing is surging the internet traffic worldwide, which is expected to increase the infrastructure spending by service providers.
“This segment requires a wide range of printed circuit boards, which are crucial for the functioning of communication network infrastructure equipment. Different types of electronic components are used in numerous communication network infrastructure devices, and all connect electrically with the help of printed circuit boards,” says Raghu Raj Singh, a lead analyst at Technavio for embedded systems research.
Consumer electronics
The consumer electronics segment in the global printed circuit board market consists of audio systems smart phones, tablets, personal computers, smart home appliances, smart wearables, and TVs, which require sophisticated and high-performance printed circuit boards for efficient working without any glitches.
Printed circuit boards are considered the brain of the smartphone, as they run the entire system. There are various components on printed circuit boards that ensure smooth functioning of a smartphone. Smartphone giants, Apple and Samsung, are expected to feature the next-generation boards such as substrate like printed (SLP) circuit board in their upcoming phones, iPhone 8 and Samsung Galaxy Note 8. SLP will double the efficiency while reducing the width and area. Printed circuit board manufacturers are focusing on the smartphone segment separately, as the smartphone is a big end-use application for printed circuit boards.
Automotive electronics
The printed circuit board is highly being adopted in the automotive segment due to increase in the incorporation of electronics in the vehicles, which use printed circuit boards for various applications and systems. Printed circuit boards play an important role in the automotive electronics industry, as they form the fundamental structure for electronic connectivity. The printed circuit boards are used to maintain the device performance and to connect all the electronic components through conductive paths electrically. Hence, the demand for printed circuit board is directly proportional to the electronic components in the automotive segment.
“Safety regulations by the government have led to a major boost in the incorporation of electronic applications in automotives. Driver safety and fuel emission impact on the environment is the primary driver of the auto electronics market. In terms of commercial vehicles, automotive manufacturers must meet the specified performance standards set by the government. This augurs well for the growth of the printed circuit market,” says Raghu.
Suggested Items
IDTechEx Examines the Opportunities for Wearables in Digital Health
04/19/2024 | IDTechExIDTechEx’s report, “Digital Health and Artificial Intelligence 2024-2034: Trends, Opportunities, and Outlook”, covers this ongoing trend in the consumer health wearables market and includes analysis of the opportunities and roadmap for biometric monitoring.
Real Time with... IPC APEX EXPO 2024: Pluritec's Expansion and Growth in the North American Market
04/19/2024 | Real Time with...IPC APEX EXPONicola Doria, president of Pluritec, discusses the company's strategic focus on the North American market, their investment in a new sales organization, service expansion, and a new process integration line. The conversation also covers market response and future installations, as well as Pluritec's new partnership with IEC.
Mycronic Releases Interim Report January–March 2024
04/18/2024 | MycronicNet sales increased 39 percent to SEK 1,692 (1,219) million. Based on constant exchange rates, net sales increased 42 percent.
Real Time with... IPC APEX EXPO 2024: Exploring Silicone Solutions with R&D Director of CHT
04/17/2024 | Real Time with...IPC APEX EXPOIn this interview, Gerry Ellis, the R&D director for CHT, discusses the product range offered by his company. He explains the challenges in creating base formulations, the drive to make products more user-friendly, and the various application techniques involved. Ellis also highlights the key market segments and the significance of providing efficient solutions to customers.
Gartner Forecasts Worldwide IT Spending to Grow 8% in 2024
04/17/2024 | Gartner, Inc.Worldwide IT spending is expected to total $5.06 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner, Inc. This is an increase from the previous quarter’s forecast of 6.8% growth and puts worldwide IT spending on track to surpass $8 trillion well before the end of the decade.