Already a member? Login to access this report free.
Report Highlights
The global markets for printed circuit boards (PCBs) was valued at $67.9 billion in 2023. It is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.
Report Includes
- 63 data tables and 46 additional tables
- An analysis of the global markets for printed circuit board (PCB) technologies in electronic devices manufacturing
- Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2025 and 2028, and projected CAGRs through 2029
- Estimate of the current market size and revenue prospects, along with a market share analysis by assembly technology, type of PCB, structure, thickness, end-user industry, and region
- Facts and figures pertaining to the market dynamics, technological trends and advances, regulations, and the influence of macroeconomic factors
- Porter’s Five Forces and global supply chain analyses
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, the ESG practices of leading companies and their ESG scores
- Analysis of the competitive landscape, including company shares, strategic alliances, M&A activity and venture fundings outlook
- Company profiles of market leaders, including Zhen Ding Tech. Group, Sanmina Corp., Suzhou Dongshan Precision Manufacturing Co. Ltd., Fujikura Ltd., and Unimicron
Report Scope
This report analyzes current trends in the global market for printed circuit boards (PCBs). It includes base year data from 2023, and projected data from 2024 to 2029. The report provides the global revenue ($ millions) for five market segments (assembly technology, PCB type, PCB structure, PCB thickness, and end-user industry) and four regions (North America, Europe, Asia-Pacific, and Rest of the World).
The report examines the drivers and challenges to the market’s growth and the leading PCB manufacturers. It analyzes the emerging technologies in the PCB market, and the competitive and technological factors differentiating the leading companies. It also evaluates the environmental, social and governance (ESG) developments in the PCB industry.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $67.9 Billion | ||||||||||||||||
| Market size forecast | $92.4 Billion | ||||||||||||||||
| Growth rate | CAGR of 5.4% from 2024 to 2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | By Assembly Technology, PCB Type, Structure, Thickness, End-User Industry, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (South America and the Middle East and Africa) | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, U.K., France, China, Taiwan, South Korea, Japan and India | ||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||
| Companies studied |
|
||||||||||||||||
Frequently Asked Questions (FAQs)
Analyst Credentials
Masaratjahan Kudle – Associate Consultant – Technology Research
Masaratjahan Kudle is a highly skilled market research consultant with six years of experience in the technology domain. She has a strong background in data analysis and is highly skilled in gathering and interpreting market intelligence to drive business growth. Masaratjahan has worked with numerous clients throughout her career, helping them make informed decisions about their market strategies. She holds a Computer Science and Engineering degree.
Related Reports
Electrical Switches: Technologies and Global Markets
The global market for electrical switches is expected to grow from $16.0 billion in 2025 and is projected to reach $20.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2025 to 2030.
Photonic Integrated Circuits: Global Markets with Special Focus on Silicon Photonics
The global market for photonic integrated circuits (PICs) is expected to grow from $13.9 billion in 2024 and projected to reach $24.2 billion by 2029, at a compound annual growth rate (CAGR) of 11.8% from 2024 through 2029.
2024 Semiconductor Manufacturing Research Review
This 2024 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
2024 Manufacturing Research Review
This 2024 Research Review of manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Semiconductor Devices for High-Temperature Applications: Market Opportunities
The global market for semiconductor devices for high-temperature applications is estimated to increase from $11.8 billion in 2024 to reach $18.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.4% from 2024 through 2029.
2024 Semiconductor Manufacturing Research Review
This 2024 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Global Markets for Roll-to-Roll Technologies for Flexible Devices
The global market for R2R technologies for flexible devices is expected to grow from $40.4 billion in 2024 and is projected to reach $69.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.5% during the forecast period of 2024 to 2029.
Thermal Interface Materials: Technologies, Applications and Global Markets
The global market for thermal interface materials (TIMs) is expected to grow from $4.4 billion in 2024 and is projected to reach $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.5% during the forecast period of 2024 to 2029.
2023 Semiconductor Manufacturing Research Review
It is expected to grow steadily, owing to the contribution from emerging semiconductor industry segments like 5G communication, flexible displays, artificial intelligence (AI), connected cars, driverless cars, data centers and storages, Internet of Things (IoT), among others.
Top Trending Reports
Next-Generation Advanced Batteries: Global Markets
The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.
Global Pharmaceutical Drugs Industry: Competitive Landscape 2023
This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.
Biologic Therapeutic Drugs: Technologies and Global Markets
The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.
Global Markets and Manufacturing Technologies for Protein Drugs
The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Report Highlights
The global printed circuit boards market should reach $95.4 billion by 2027 from $74.0 billion in 2022 at a compound annual growth rate (CAGR) of 5.2% for the forecast period of 2022 to 2027.
Report Includes
- 41 data tables and 37 additional tables
- An up-to-date overview and analysis of the global markets for printed circuit boards (PCBs) and related electronics manufacturing technologies
- Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the market potential for printed circuit boards, industry growth drivers, and areas of focus to forecast the global PCB market into various segments and sub-segments
- Assessment of the underlying technological, environmental, legal/regulatory, and political trends that may influence the size and nature of the market
- Estimation of the actual market size and market forecast for printed circuit board, and corresponding market share analysis based on type, assembly technology, material, end-use application, and region
- Latest information on growth driving factors and opportunities in the consumer electronics industry, industry shifts and regulations, and other demographic and regional factors that will influence this market demand in the coming years (2022-2027)
- Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages
- Market assessment of the COVID-19 impact on the global PCB industry, along with its implications on demand and supply, price impact and various government strategic decisions
- Descriptive company profiles of the leading global players, including Advanced Circuits, CMK Corp., Meiko Electronics Co. Ltd., Nok Corp., Samsung Electro-Mechanics and TTM Technologies
Report Highlights
The global market for printed circuit board should grow from $64.6 billion in 2018 to reach $75.8 billion by 2023 at a compound annual growth rate (CAGR) of 3.2% for the period of 2018-2023.
Report Includes
- 113 tables
- An overview of the global market for Printed Circuit Board (PCB)
- Analyses of global market trends, with data from 2017, estimates for 2018 and projections of CAGRs through 2023
- Definition, types and characteristics of PCB adoption in end applications
- Discussion of the influence of internet of things (IoT), automotive and manufacturing sectors to the growth of PCB industry
- Company profiles of major players in the market, including Nippon Mektron, Zhen Ding Technology Holding Limited, TTM Technologies, Young Poong Electronics Co., Ltd., Unimicron Technology Corp., and Samsung Electro-Mechanics
Report Highlights
The global market for printed circuit boards (PCBs) reached nearly $61.5 billion in 2015. The market is expected to reach nearly $73.8 billion by 2021 from $63.5 billion in 2016, increasing at a compound annual growth rate (CAGR) of 3.1% from 2016 to 2021.
Report Includes
- An overview of the global markets and related technologies for printed circuit boards.
- Analyses of global market trends, with data for 2015, estimates for 2016, and projections of CAGRs through 2021.
- Breakdowns and analysis by structure:
- Multilayer
- Flexible
- Rigid-flex
- Microvia
- Substrate
- Breakdowns by application:
- Telecommunications
- Medicine
- Computing and entertainment
- Consumer electronics
- Instrumentation and scientific research
- Energy, defense, and surveillance
- Industrial and automotive
- Analysis of the value chain including looks at material specialists, board makers, engineering manufacturing service providers and OEMs.
- Profiles of major players in the industry.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More