The global printed circuit board market size reached US$ 67.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 87.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.

A printed circuit board (PCB) is an electrical circuit that mechanically supports and electrically connects electronic components using conductive pathways, tracks, or signal traces. It is composed of epoxy, fiberglass, and other composite materials that help minimize the complexity of the overall circuit design. It plays a pivotal role in improving the power, performance, reliability, and security of a computing system. As a result, PCB finds extensive applications in the healthcare, aerospace, electronics, defense, information technology (IT), and telecommunications industries around the world.

Printed Circuit Board Market Trends:
PCBs are used in head-up display (HUD), advanced driver assistance systems (ADAS) control modules and antilock brake systems of automobiles. This, coupled with the rapid expansion of the automotive sector, represents one of the key factors creating a positive outlook for the market. In addition, fuel regulators, power supplies, and engine management systems use PCB-based electronics to monitor and manage resources. They also help enhance the performance of light-emitting diodes (LEDs) and prevent them from damage. Along with this, the growing integration of robotics, artificial intelligence (AI), and the internet of things (IoT) is augmenting the overall sales and profitability. Moreover, PCBs are utilized in the manufacturing of calculators, aerospace components, medical devices, remote control units, circuit boards, industrial machinery, business machines and computers, and communication, control, and home entertainment equipment. Apart from this, the increasing trend of miniaturization in the semiconductor industry is catalyzing the demand for PCBs across the globe. Furthermore, product innovations, technological advancements, and the rising requirement of eco-friendly PCBs on account of the increasing electronic waste worldwide are some of the other factors stimulating the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global printed circuit board market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, substrate and end use industry.

Breakup by Type:


Breakup by Substrate:


Breakup by End Use Industry:

Industrial Electronics
Aerospace and Defense
IT and Telecom
Consumer Electronics

Breakup by Region:

North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Circuits Inc., AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Becker & M?ller Circuit Printing GmbH, Jabil Inc., Murrietta Circuits, Nippon Mektron Ltd. (NOK Corporation), Sumitomo Corporation, TTM Technologies Inc., Unimicron Technology Corporation (United Microelectronics Corporation), W?rth Elektronik GmbH & Co. KG (W?rth Group) and Zhen Ding Technology Holding Limited.

Key Questions Answered in This Report
1. What was the size of the global printed circuit board market in 2022?
2. What is the expected growth rate of the global printed circuit board market during 2023-2028?
3. What has been the impact of COVID-19 on the global printed circuit board market?
4. What are the key factors driving the global printed circuit board market?
5. What is the breakup of the global printed circuit board market based on the type?
6. What is the breakup of the global printed circuit board market based on the substrate?
7. What are the key regions in the global printed circuit board market?
8. Who are the key players/companies in the global printed circuit board market?