Aerospace and Defense

According to a market report by Lucintel, the future of the military/aerospace PCB market looks promising with opportunities in radar installation, power supply, power conversion, radio communication, lighting, and engine control system applications. The global military/aerospace PCB market is expected to reach an estimated $3.1 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are growing demand for commercial and regional UAVs, a gradual shift from traditional mechanical to modern electrical systems in the aerospace industry, and increasing trend towards electric aircraft.



In this market, commercial aircraft, general aviation, helicopters, military aircraft, UAV, and spacecraft are the major aircraft segments. Lucintel forecasts that commercial aircraft will remain the largest aircraft segment over the forecast period due to the growing trend towards miniaturization of electronic devices and increasing demand for lightweight and durable components.



Within this market, radar installation is expected to witness the highest growth due to the growing demand for airborne surveillance that provides assistance to commando forces and enhances the border security.



North America will remain the largest region due to increasing number of commercial and regional aircraft deliveries and the presence of major aircraft OEMs in the region.

Amitron Corporation, Corintech, Delta Circuits, NexLogic Technologies, and Excello Circuits are the major suppliers in the global military/aerospace PCB market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global military/aerospace PCB market by aircraft, application, design, product, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Military/Aerospace 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 trends and forecast for the global military/aerospace PCB market by aircraft, application, design, product, and region, as follows:

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.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the global military/aerospace PCB market by aircraft (commercial aircraft, general aviation, helicopters, military aircraft, UAV, and spacecraft), application (radar installations, power supplies, power conversion, radio communication, lighting, engine control systems, and others), design (rigid PCB, flexible PCB, rigid-flex PCB, high-density interconnect, and others), product (single-sided PCB, double-sided PCB, and multi-layered PCB), 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 five years and what has its impact been on the industry?