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Printed circuit board (PCB) Market 2023-2027: A descriptive analysis of parent market, five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Dec. 1, 2022 /PRNewswire/ -- According to Technavio, the global printed circuit board (PCB) market size is projected to grow by USD 19,059.2 million from 2022 to 2027. The market is estimated to grow at a CAGR of 5.05% during the forecast period. Moreover, the growth momentum will accelerate. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 84%.

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Global printed circuit board (PCB) market Parent market analysis

Technavio categorizes the global printed circuit board (PCB) market as a part of the electronic components market, which covers manufacturers of communications equipment, technology hardware storage and peripherals, electronic equipment and instruments, electronic components, consumer electronics, and industrial electronics products, as well as electronic manufacturing services. Technavio calculates the global electronics market size by considering the revenue generated from sales of the associated information communication and technology and electronics products, equipment, and components.

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Global printed circuit board (PCB) market - Five Forces

The global printed circuit board (PCB) market is fragmented, and the five forces analysis covers?

Global printed circuit board (PCB) market ? Customer landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on the penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global printed circuit board (PCB) market Segmentation assessment

Segment overview

Technavio has segmented the market based on end-user, product, and region.

Geography overview

Based on geography, the global printed circuit board (PCB) market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global printed circuit board (PCB) market.

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Global printed circuit board (PCB) market ? Market dynamics

Key factors driving market growth

Recent trends influencing the market

Major challenges hindering market growth

Drivers, Trends, and Challenges are the factors of market dynamics that state about consequences and sustainability of businesses. Find some insights from a free sample report!

What are the key data covered in this printed circuit board (PCB) market report?

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Printed Circuit Board (PCB) Market Scope

Report Coverage


Page number


Base year


Historic Period

2017 -2021

Forecast period

2023 -2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.05%

Market growth 2023-2027

USD 19,059.2 million

Market structure


YoY growth (%)


Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 84%

Key countries

US, China, Taiwan, South Korea, and Japan

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Leading Vendors, Market Positioning of Vendors

Advanced Circuits Inc., China Circuit Technology Shantou Corp., Compeq Manufacturing Co. Ltd., Daedeok Electronics Co. Ltd., Dana Inc., Dynamic Electronics Co. Ltd., Ibiden Co. Ltd., Korea Circuit Co. Ltd., MFS Technology S Pte Ltd., NOK Corp., Samsung Electronics Co. Ltd., Shenzhen Kinwong Electronic Co. Ltd., Shenzhen SenYan Circuit Co. Ltd., Sumitomo Electric Industries Ltd., SVR Technologies Pvt. Ltd., Toyota Motor Corp., TTM Technologies Inc., United Microelectronics Corp., Vishal International, and Zhen Ding Technology Holding Ltd.

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by End-user

7 Market Segmentation by Product

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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