The global automotive PCB market size was USD 5.90 billion in 2020. The market is projected to grow to USD 9.96 billion in 2028 at a CAGR of 7.31% in the 2021-2028 period. The printed circuit board in automotive is an intricate circuit system that primarily can be used in cars/trucks to regulate most of the electronic functioning. Furthermore, PCBs utilized in automotive comprises printed paths, which further attach numerous constituents involving ICs, transistors, and resistors, among others. The market stood at USD 6.07 billion in 2021.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-pcb-market-105577
Additionally, the printed circuit board is used in numerous automotive functions such as entertainment and triangulation systems, HUD, ADAS systems, control modules, antilock brake systems. The automotive original equipment producers and electronic component producer companies are using many other progressive features and are surging their PCB use in vehicles. This report is published by Fortune Business Insights™ titled, “Automotive PCB Market, 2021-2028.” According to our researchers, this is expected to bolster the automotive PCB market growth during the forecast period.
List of Key Players Covered in the Automotive PCB Market Report
- CMK Corp.
- Chin Poon Industrial
- Meiko Electronics
- Nippon Mektron
- TTM Technologies
- KCE Electronics
- Tripod Technology
- Unimicron Technology
- Kingboard Chem GRP
- Amitron Corp
Surging Presence of Vehicle Manufacturers to Help Asia Pacific Dominate
Asia Pacific was worth USD 2.49 billion in 2020. The region is expected to lead the market owing to the factor that the region is an automotive core and has a widespread existence of automotive PCB producers, rising number of vehicle manufacturing per annum in the nations of this region.
Europe holds the second-largest position in the market as this region is the primary implementer of the novel trends and the second-largest manufacturing heart for an electronic component across the world. Furthermore, the growing demand for electric vehicles in the countries such as Norway, Germany, the U.K., and the Netherlands, combined with chief sales of all types of automobiles and a greater acceptance rate of technologically progressive vehicles in the country, are the aspects accountable for the growth of the market in the European region.
North America holds a substantial automotive PCB market share. The U.S is responsible for contributing over 60% of shares in the North American automotive printed circuit board market. Besides, the government is dynamically participating in the expansion related to automotive components, and this is likely to endorse the growth of the global market.
Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/automotive-pcb-market-105577
Business Extension by Meiko Electronics to Enhance its Market Scenarios
Meiko Electronics is the global leader in PCB manufacturing that also delivers state-of-the-art products to vehicles for use, such as powertrain, protection system, ADAS, lighting system, and ITS (navigation). The corporation has established in design, production, and sales of PCBs and secondary electronics occupation.
Major Table of Automotive PCB Market:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Distribution of Automotive PCB Market – By Vehicle Type (in Value)
- Impact of COVID-19
- Global Automotive PCB Market Analysis, Insights and Forecast, 2017-2028
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Single or Double layer
- Market Analysis, Insights and Forecast – By Application
- Body & comfort
- Market Analysis, Insights and Forecast – By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Market Analysis, Insights and Forecast – By Region
- North America
- Asia Pacific
- Rest of the World
Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/automotive-pcb-market-105577
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune – 411045, Maharashtra, India.
US : +1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: [email protected]