Flexible Thinking: Integrated Passive Devices—Design Solutions With Many Benefits
Happy’s Tech Talk #29: Bend-to-Install Semi-flex FR-4
Connect the Dots: Five Best Practices for Designing Flex and Rigid-flex PCBsPCB Market Size to Grow by $29.06B from 2024-2028
May 17, 2024 | PRNewswireEstimated reading time: 1 minute
The global printed circuit board (PCB) market size is estimated to grow by USD 29.06 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.6% during the forecast period.
Key Market Trends Fueling Growth
Printed Circuit Boards (PCBs) are essential components in various industries, driving automation and efficiency. They ensure optimum power consumption in high-density applications, contributing to reduced operation costs and improved product quality. PCBs exhibit desirable properties such as dielectric strength, dimensional stability, electrical insulation, mechanical strength, flame retardancy, thermal insulation, and high-temperature performance. The growing adoption of industrial robots, automation machinery, and high-power electrical devices further boosts the PCB market. Additionally, PCBs are vital in electronic equipment, including 5G infrastructure, Internet of Things (IoT), Internet of Vehicles (IoV), artificial intelligence, consumer electronics, and smart devices. The PCB foundation material's reliability and thermal stability are crucial factors in maintaining the performance of these advanced technologies. However, concerns regarding electronic waste, lead, mercury, cadmium, and brominated flame retardants necessitate the development of eco-friendly and sustainable PCB solutions.
Market Challenges
Printed Circuit Boards (PCBs) are essential components in various industries, including semiconductors, automotive, communications, industrial/medical, and telecommunication infrastructure. Made of metal, plastic, ceramic, copper, and epoxy resins, PCBs contain hazardous components that pose environmental risks due to their non-disposability. The industry has shifted from lead solders to lead-free alternatives to reduce toxicity. Recycling PCBs presents challenges such as temperature rise, mechanical shocks, and delamination. Key applications include semiconductor plants, automobile battery control systems, engine timing systems, digital displays, audio systems, power relays, and antilock brake systems. PCBs are also used in smart devices, IoT gadgets, and industrial automation. Materials include fiberglass, glass fabric, and high Tg FR-4, with glass transition temperature crucial for performance. The market encompasses HDI, build-up, microvia, rigid PCBs, and 3D printing.
Share on:
Suggested Items
Cost-optimize Your PCB Design and Specifications
08/20/2024 | Erik Pedersen and Richard Koensgen, ICAPE GroupKnowledge is the key to identifying the small details that makes the big cost difference for your printed circuit board. There are many types of printed circuit boards and multiple choices between the development of schematic and BOM to PCB technology selection, electronic PCB design, mechanical and physical properties, and PCB specification.
OKI Sets Up New PCB Manufacturing Line for Semiconductor Manufacturing and Testing Equipment at Joetsu Plant
08/20/2024 | BUSINESS WIREThe OKI Group PCB business company OKI Circuit Technology has set up a new ultra-high-multilayer PCB line at the Joetsu Plant in Joetsu City, Niigata Prefecture, with full-scale operations commencing in July.
The PCBAA Accepts All Flex Solutions as Newest Member
07/31/2024 | All Flex SolutionsEstablished in 2021, The Printed Circuit Board Association of America (PCBAA) is a consortium of U.S.-based companies that advocate for U.S. domestic production of printed circuit boards (PCBs), the materials they are made of, as well as the protection of their supply chain.
American Made Advocacy: Domestic Manufacturing Takes Center Stage on Capitol Hill
07/30/2024 | Shane Whiteside -- Column: American Made AdvocacyLast month, I had the pleasure of presiding over PCBAA’s third annual meeting—and my first as chair of the association. We spent two days in Washington, D.C., engaging with government officials, elected representatives, and thought leaders to educate, advocate, and legislate for American manufacturing.
Fresh PCB Concepts: Understanding Your Export-controlled PCBs
07/18/2024 | Team NCAB -- Column: Fresh PCB ConceptsThere’s a lot of confusion in the industry about how to handle and manage export-controlled PCBs. Navigating this landscape can be daunting, but understanding the key regulations and restrictions is crucial for compliance and efficient production. With U.S. factories reaching capacity in many areas, many people don’t realize they can export PCBs controlled by Export Administration Regulations (EAR), and in many cases, International Traffic in Arms Regulations (ITAR). They should be aware there is rigorous compliance in place and that the U.S. government sanctions these exports.