Registering a CAGR of 5.35% over the forecast period of 2022-2027, the automotive PCB market is expected to reach a value of US$ 12,43 billion in the year 2026 from US$ 7.43 billion in 2022.
The Automotive PCB Market is anticipated to register a CAGR of about 5.35%, during the forecast period (2022 – 2027).
The major factors that will drive the market growth during the forecast period such as increasing number of automobile production and sales, increased incorporation of advanced safety some of which comes as a mandate from the government bodies, demand for convenience and comfort systems and the growing demand for of hybrid electric vehicles (HEV) and battery electric vehicles (BEV).
Luxury vehicles use several PCBs as these vehicles are equipped with an advanced electronic system that provides the end-user better safety, comfort and convenience. So, it is expected that during the forecast period light luxury vehicles market segment will be capturing a significant market share in the global passenger car market.
India and China account for almost 60% of the world’s population and major developing economies. It is estimated that over the forecast period, these economies are anticipated to grow faster due to their activities in the fields of transportation, industrialization, and construction. Due to these trends, Asia-pacific has seen an increase in the demand for automobiles, and several governments are driven to mandate few active and passive safety characteristics in vehicles which in return have boosted the automotive PCBs market in APAC. Governments in the region have been providing subsidies to electric vehicle buyers to encourage more people to buy EVs. For example, Japan government is planning to eradicate the adoption of internal combustion engine vehicles in Japan by 2050. In order to achieve this feat, Japan started providing one-time subsidies for buyers of electric vehicles.
The global Automotive PCB market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes: Jingpeng, TTM, CMK, Meiko, KCE, Jiantao, Jianding, AT&S, Qisheng, Yidun, WUSPRINTED CIRCUIT CO. LTD., KINWANG, Schweizer, Sheng Hong, BPMIN ELECTRONIC, Aoshikang and others.
The automotive PCB market is segmented based on the type, applications, companies, and regions.
By Type
By end-users
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 5.35% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
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Jingpeng, TTM, CMK, Meiko, KCE, Jiantao, Jianding, AT&S, Qisheng, Yidun, WUSPRINTED CIRCUIT CO. LTD., KINWANG, Schweizer, Sheng Hong, BPMIN ELECTRONIC, Aoshikang |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Automotive PCB Market is studied from 2017 - 2027.
What is the growth rate of Automotive PCB Market?
The Automotive PCB Market is growing at a CAGR of 5.35% over the next 5 years.
Who are the key players in Automotive PCB Market?
Jingpeng, TTM, CMK, Meiko, KCE, Jiantao, Jianding, AT&S, Qisheng, Yidun, WUSPRINTED CIRCUIT CO. LTD., KINWANG, Schweizer, Sheng Hong, BPMIN ELECTRONIC, Aoshikang
What region does this Automotive PCB Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Automotive PCB Market?
Single Layer Rigid PCB, Double and Multilayer Rigid PCB, Flexible PCB
What are the major end-use applications of Automotive PCB Market?
Safety System, Power System, Vehicle Electronic, Other
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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