The Global PCB Laminate Market is Expected to Reach an Estimated $21 Billion by 2030
The Global PCB Laminate Market is Expected to Reach an Estimated $21 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global PCB laminate market looks promising with opportunities in the communications, consumer electronics, computer/peripheral, military/aerospace, industrial electronics, and automotive markets. The global PCB laminate market is expected to reach an estimated $21 billion by 2030 from $15 billion in 2023 at a CAGR of 4.5% from 2023 to 2030. The major drivers for this market are continuous expansion of the consumer electronics sector, rapid evolution of electronic devices, including smartphones, tablets, wearables, and iot devices, and rollout of 5g networks and advancements in communication technologies.
In this market, paper, FR-4, CEM, and polyimide are the major segments of PCB laminate market by type.
Lucintel forecasts that FR-4 will remain the largest segment over the forecast period due to their excellent electrical insulation properties, mechanical strength, and flame retardancy.
Within this market, consumer electronics will remain the largest segment due to their high-volume production and continuous innovation in device miniaturization, performance enhancement, and connectivity features.
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APAC will remain the largest region over the forecast period due to rising demand for electronic products.
Samsung Electronics, Nippon Mektron, Unimicron Technology, Candor Circuit Boards, and Zhen Ding Technology are the major suppliers in the PCB laminate market.
This unique 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 write us at [email protected]. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056