Lucintel's latest market report analyzed that printed circuit board (PCB) provides attractive opportunities in the computer/peripherals, communications, consumer electronic. The printed circuit board (PCB) market is expected to reach $107.3 billion by 2028 with a CAGR of 4.3%. In this market, standard multilayer is the largest segment by product type, whereas communication is largest by end use industry. Miniaturization of printed circuit boards, growing demand for high speed data and signal transmission, and development of green PCBs provides strategic growth path in this market.
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Based on product type, the printed circuit board (PCB) market is segmented into standard multilayer, flexible circuits, HDI/microvia/build-up, IC substrate, rigid 1-2 sided, rigid flex, and others. The standard multilayer segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand in computer and communication industries.
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The Printed Circuit Board (PCB) Market is marked by the presence of several big and small players. Some of the prominent players offering printed circuit board (PCB) include NOK Corporation, Zhen Ding Technology, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Ibiden, SEMCO, Tripod Technology, Daeduck, AT&S, and Nan Ya Printed Circuit Board.
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