Automotive PCB Market Highlights:
Automotive PCB Market Global Forecast 2018 to 2023, Global Automotive PCB Market shows prominent growth by 2023. This growth is attributed to increased use of electronic components in the vehicle, innovation in the technology, increase in sales of new vehicle, and others. The increase use of electronic components such as in infotainment systems, advance driver assistance system, and powertrain in the vehicles will result in the increased use of PCBs. Automotive PCB Market studied by Type (Single-sided, Double-sided, and Multi-layer), Autonomous Driving (Autonomous Vehicles, Conventional Vehicles, and Semi-Autonomous Vehicles), Application (ADAS, Body & Comfort, Infotainment Components, Powertrain Components, and Others), Vehicle Type ( Passenger Car and Commercial Vehicle), and region.
Key Players In The Automotive PCB Industry Studied For This Research Report are: CMK (Japan), Chin Poon Industrial (Taiwan), Meiko Electronics (Japan), Nippon Mektron (Japan), KCE Electronics (Thailand), TTM Technologies (U.S.), Daeduck Electronics (South Korea), Tripod Technology (Taiwan), NOK (Japan), AT&S (Austria), Unitech (India), WUS (Taiwan), Kyoden (Japan), ELNA (Japan), and Shirai (China).
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The increased use of electronics components in the vehicle will drive the PCB market in future. Innovation in technology such as multi-layer PCB has the ability to provide much higher component density, which will drive the market in future. The increase in sales of new vehicles will result in growing demand for electronics and electrical components in the vehicle, which will drive the market in future.
Regional Analysis:
On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to dominate the market during the forecast period due to increase in the production of passenger and commercial vehicles in the emerging countries such as India, China, and Japan. In Asia Pacific, there has been an increase in preference for installation of high end technology in the vehicle. The increased preference of the customers in the vehicle, will result in growing demand for the usage of PCBs. This growing demand for PCBs, will drive the market in future. North America is expected to be the second largest market that is expected to grow during the forecast period due to the increase in demand for high end passenger cars. The growing demand for high end passenger cars will require increased installation of PCBs in the vehicle. This will drive the market in future. Europe is expected to be the third largest market that is expected to grow during the forecast period. In Europe, there has been a growing demand for safety in the vehicles. The growing demand for safety will result in increased installation of electrical and electronic components in the vehicle. This will result in the growth of the market in future.
Automotive PCB Market Segmentation:
The automotive PCB market has been segmented based on type, autonomous driving, application, and vehicle type. On the basis of type, the market has been segmented as single-sided, double-sided, and multi-layer. Multi-layer segment is expected to dominate the market during the forecast period because it allows higher component density as compared to other types of PCBs. The growing popularity of multilayer PCBs due to the adoption of surface mount technology, is expected to drive this segment in future. Based on autonomous driving, the market is segmented as autonomous vehicles, conventional vehicles, and semi-autonomous vehicles. The autonomous vehicle is expected to drive the market in future due to increase in the technology installed in the autonomous vehicles. On the basis of application, the market has been segmented as ADAS, body & comfort, infotainment components, powertrain components, and others. The ADAS system is expected to dominate the market during the forecast period due to increased need for safety and stringent government regulations.
Scope of the Report:
This study provides an overview of the global Automotive PCB market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
The report for Global Automotive PCB Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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