According to a market report by Lucintel, the future of consumer electronics in the global PCB market looks promising with opportunities in the personal and professional market. Consumer electronics in the global PCB market is expected to reach an estimated $12.1 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are rising trend of digitization and automation, increasing number of IoT enabled devices, and growing prevalence of personal electronic devices, such as smartphones, laptops, and other personal electronic devices.
Within this market, Lucintel forecasts that personal application will remain the largest segment due to increasing disposable incomes, better internet access, and growing demand for personal consumer electronics, such as Bluetooth speakers, earbuds, smartphones, and smart wearable.
North America will remain the largest region due to growing demand for the luxury and premium products, increasing adoption of the latest technologies, and presence of major players in the region.
Zhen Ding Technology Holding, NOK Corporation, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Samsung Electro-Mechanics, Tripod Technology, and Ibiden are the major suppliers of consumer electronics in the global PCB market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for consumer electronics in the global PCB market by end use industry and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Consumer Electronics in the Global PCB Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for consumer electronics in the global PCB market by end use industry and region, as follows:
Consumer Electronics in the PCB Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Consumer Electronics in the PCB Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for consumer electronics in the PCB market by end use industry (personal and professional), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?