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Global PCB Market to Witness a CAGR of 4.2% during 2018-2024
January 3, 2019 | Globe NewswireEstimated reading time: 1 minute
The global printed circuit board (PCB) market was valued at $60.42 billion 2017 and is expected to reach $80.38 billion by 2024, at a CAGR of 4.2%. Factors driving the growth of the market are: rising adoption of automation in various end-user industries, growing demand for wireless devices, increasing miniaturization of devices, surging need for more efficient interconnect solutions, and rapid growth in flexible circuits. Owing to the implementation of processors and sensors in smart gadgets, the size of the PCB has reduced to 74%. Additionally, usage of flame retardant chemicals in PCBs to ensure fire safety, and increasing capital investment is further augmenting the market growth. Moreover, huge growth in global PCB market is also led by the increasing demand for smart tablets and smart phones in IT and consumer electronics sector. Growth in wearable electronics is emerging as a key opportunity in the growth of the global PCB market.
Printed circuit board is a circuit board in which a thin layer of copper is laminated, that offers an interconnection to the electronic components. To place electronic components on the insulated board, holes are created with the help of drillers. Further, components are mounted on the PCBs and soldering is done to fix the electronic components in a specified area. It provides a support to the electronic components and the electrical connection carrier. PCBs are used to electrically connect the components and provide a base.
With the rapid development in technology, electronics products will continue to emerge. But, massive production of PCB is becoming unfriendly to environment, due to the usage of wet chemicals while manufacturing. Moreover, lack of recycling ability also degrades the adoption rate of printed circuit boards. And to ensure less toxic emissions into the environment, ink jet printing technology is invented. This technology enables the cost-effective manufacturing of thin, flexible and disposable electrical devices. Moreover, Taiwan-based manufacturer (Wistron) is also looking to relocate a PCB manufacturing plant in Bengaluru, and has invested about $1 billion.
Global Printed Circuit Board (PCB) Market - Regional Insight
Geographically, the global printed circuit board market is segmented in Asia-Pacific, North America, Europe, and Rest of the World. Asia-Pacific is dominating the global PCB market in 2017 (77%), followed by North America. The growth in APAC region is attributed to the presence of many semi-conductor manufacturers, growing adoption of smart devices. North America is expected to hold the second largest market during the forecast period.
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Heavy Copper PCBs: Bridging the Gap Between Design and Fabrication, Part 1
04/01/2024 | Yash Sutariya, Saturn Electronics ServicesThey call me Sparky. This is due to my talent for getting shocked by a variety of voltages and because I cannot seem to keep my hands out of power control cabinets. While I do not have the time to throw the knife switch to the off position, that doesn’t stop me from sticking screwdrivers into the fuse boxes. In all honesty, I’m lucky to be alive. Fortunately, I also have a talent for building high-voltage heavy copper circuit boards. Since this is where I spend most of my time, I can guide you through some potential design for manufacturability (DFM) hazards you may encounter with heavy copper design.
Trouble in Your Tank: Supporting IC Substrates and Advanced Packaging, Part 5
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AT&S Shines with Purest Copper on World Recycling Day
03/18/2024 | AT&SThe Styrian microelectronics specialist AT&S is taking World Recycling Day as an opportunity to review the progress that has been made in recent months at its sites around the world in terms of the efficient use of resources: