What Is The Size Of Global Multilayer Printed Circuits Industry?
Global Multilayer Printed Circuits market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.
Global Multilayer Printed Circuits market is largely driven by the growing market for smart devices used in home automation systems. Furthermore, the growing need for smaller, lighter boards for use in electrical devices, military equipment, and healthcare miniaturization.
Nowadays, consumers seek out additional conveniences brought about by home automation products or devices and ambient computing through smart home devices. For an efficient and lighter smart home device, a multilayer printed circuit board is used in its wiring area. Thus, the increasing adoption of smart home devices is expected to push the market growth of multilayer printed circuit boards.
According to the Home Improvement Research Institute (HIRI), approximately 456 million smart-home devices were shipped globally in 2020, which is further expected to cross approximately 1.2 billion by 2025. The multilayer printed circuit board market faces several restraints such as the availability of cheaper alternatives in the market. Also, the requirement of higher cost and time for manufacturing a multilayer printed circuit board is expected to hinder market growth.
The cost of manufacturing, designing, and de-paneling a multilayer printed circuit board goes on the higher side as compared to the other alternatives in the market which could be used unless there is a requirement for the small size factor, Also, multilayer PCBs are the result of new technology, so the equipment required to produce them is still relatively expensive.
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Global Multilayer Printed Circuits Market By Product Type
The Global Multilayer Printed Circuits market is segmented by Product Type into Layer 3-6, Layer 8-10 & Layer 10+.
The layer 10+ segment dominated the global Multilayer Printed Circuits Market in 2021 and is estimated to continue being the dominant segment during the forecast period.
This multilayer configuration is widely used in mobile phones and other electronic devices. Generally, 10+ layers of multilayer printed boards are used in mobile phones, and laptops to increase their efficiency and to keep them lightweight.
Global Multilayer Printed Circuits Market By Application Type
The Global Multilayer Printed Circuits market is segmented by Application Type into Consumer Electronic, Automotive Industry, Communications, Healthcare, Industrial, Aerospace, Other. The consumer electronics segment dominated the Global Multilayer Printed Circuits Market in 2021.
High disposable income amongst the working population is leading to the high adoption of smart appliances. The manufacturers are focusing on developing user-friendly products that cater to consumer needs. Thus, the consumer electronics market is growing and simultaneously boosting the market for multilayer PCBs.
Key Topics Covered in the Report
- Snapshot of Global Multilayer Printed Circuits Market
- Industry Value Chain and Ecosystem Analysis of the Multilayer Printed Circuits Market
- Market size and Segmentation of the Global Multilayer Printed Circuits Market
- Historic Growth of the Overall Global Multilayer Printed Circuits Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Multilayer Printed Circuits Industry
- Overview, Product Offerings of Key Competitors
- COVID-19 Impact on Overall Global Multilayer Printed Circuits Market
- Future Market Forecast and Growth Rates of the Total Global Multilayer Printed Circuits Market and by Segments
- Market Size of Application/End-User Segments with Historical CAGR and Future Forecasts
- Analysis of the Multilayer Printed Circuits Market in Major Regions
- Major Production/Supply and Consumption/Demand Hubs in Each Major Region
- Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Region.
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Major Companies Profiled in the Report
- Flexium Interconnect.Inc
- Fujikura Ltd.
- Nippon Mektron, LTD
- TTM Technologies Inc.
- Zhen Ding Tech.
- MFLEX
- JYCircuitBoard
- Tripod Technology Corp.
- Compeq Manufacturing Co. Ltd.
- Ibiden Co. Ltd.
- Samsung Electro-Mechanics
- Trackwise Designs plc
Notable Emerging Companies Mentioned in the Report
- NexPCB
- FLEEP Technologies
- RayMing
- Acme Circuits
- Hillaman Curtis
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- PCB Manufacturers
- Healthcare Technology/Equipment Manufacturers
- Technology Consulting and Advisory Firms
- Government Ministries and Departments of Electronics Industry
- Regulatory Authorities in Semiconductor Industry
- Printed Circuit Raw Material Suppliers
- Investment Bankers focused on Electronics Industry
- PE and VC Firms focused on Electronics Industry
- Electronic Device Manufacturers
- Company Research and Development Institutes
- Market Research & Consulting Firms
- Banking and Financial Service Providers
- Semiconductor IP Companies
- Semiconductor Chip Manufacturers
- SoC and Hardware Suppliers
- PCB Designers
- Electronics Testing & Inspection Companies
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022-2028
For more insights on the market intelligence, refer to the link below:-
Global Multilayer Printed Circuits Market
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