Printed Circuit Board Market Size 2024 to 2033 Key Takeaways
- Asia-Pacific dominated the market with a revenue share of 47.14% in 2023.
- By product, the HDI /build-up/microvia segment has accounted largest market share in 2023.
- By application, the consumer electronic segment holds the highest revenue share in 2023.
- By substrate, the rigid PCB segment hit 86% revenue share in 2023.
Asia Pacific Printed Circuit Board Market Size and Growth 2024 to 2033
The Asia Pacific printed circuit board market size was estimated at USD 40.90 billion in 2023 and is predicted to be worth around USD 73.94 billion by 2033, at a CAGR of 6.1% from 2024 to 2033.
The global printed circuit board market size was USD 86.76 billion in 2023, accounted for USD 91.79 billion in 2024, and is expected to reach around USD 152.46 billion by 2033, expanding at a CAGR of 5.8% from 2024 to 2033.
The PCB market is driven by increasing demand for electronic devices, technological advancements, increasing integration of electronic components in automotive industry, continuous expansion of telecommunication infrastructure globally, and stability and efficiency of the supply chain.
source: https://www.precedenceresearch.com/printed-circuit-board-market