Lucintel's latest market report analyzed that rigid PCB provides attractive opportunities in the industrial electronics, automation, medical, and aerospace applications. The rigid PCB market is expected to reach $70.4 billion by 2028 with a CAGR of 6.8%. In this market, multilayer PCB is the largest segment by product type, whereas industrial electronics is largest by application.
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Based on product type, the rigid PCB market is segmented into single sided PCB, double sided PCB, and multilayer PCB. The multilayer PCB segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it provides more space for routing and interconnecting signals and also delivers a better ground for power plane distribution while reducing noise and signal interference.
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The Rigid PCB Market is marked by the presence of several big and small players. Some of the prominent players offering rigid PCB include Canm Technology, Optima Technology Associates, Shenzhen Topline Technology, and ABL Circuits.
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