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According to a market report by Lucintel, the future of the rigid PCB market looks promising with opportunities in industrial electronics, automation, medical, and aerospace applications. The global rigid PCB market is expected to reach an estimated $70.4 billion by 2028 with a CAGR of 6.8% from 2023 to 2028. The major drivers for this market are increasing demand from the microelectronics and chip manufacturing industries globally, rising demand for medical equipment, and technological advancement in the electronics industry.  



In this market, single sided PCB, double sided PCB, and multilayer PCB are the major product type segments. Lucintel forecasts that multilayer PCB will remain the largest product type segment over 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.



Within this market, industrial electronics is expected to remain the largest application segment due to its increasing usage in a wide range of application, including control systems, robotics, instrumentation, and power electronics, owing to its high precision and reliability.



APAC will remain the largest region due to the rise in industrialization and rapid growth of the electronic industry.

Canm Technology, Optima Technology Associates, Shenzhen Topline Technology, and ABL Circuits are the major suppliers in the global rigid PCB market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global rigid PCB market by product type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Rigid 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 rigid PCB market by product type, application, and region, as follows:


Rigid PCB Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Single Sided PCB


  • Double Sided PCB


  • Multilayer PCB



Rigid PCB Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Industrial Electronics


  • Automation


  • Medical


  • Aerospace



Rigid 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.

 


About Lucintel



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.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for the global rigid PCB market by type (single sided PCB, double sided PCB, and multilayer PCB), application (industrial electronics, automation, medical, and aerospace), 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 type substitution?

Q.11. What M&A activity did occur in the last five years and how did they impact the industry?