Elementary, Mr. Watson: PCB Routing: The Art—and Science—of Connection
The Shaughnessy Report: Planning Your Best Route
Target Condition: From Dream House to Drill Files
PCB Market Expanding at 3.62% CAGR, To Reach $100 Billion by 2032
January 17, 2025 | EINPresswire.comEstimated reading time: Less than a minute
The global Printed Circuit Board (PCB) Market was valued at US$72.63 billion in 2023 and is projected to exhibit steady growth over the coming years. The market is expected to reach US$75.26 billion in 2024 and grow further to USD 100.0 billion by 2032, representing a compound annual growth rate (CAGR) of 3.62% during the forecast period (2025-2032). The consistent demand for electronics and advancements in technology are the primary drivers for the PCB market.
Key Drivers of Market Growth
1. Technological Advancements: The rapid development of new technologies, such as 5G, artificial intelligence (AI), and the Internet of Things (IoT), is boosting the demand for advanced PCBs.
2. Rising Demand in Consumer Electronics: The proliferation of smartphones, wearables, and home appliances is fueling PCB market growth.
3. Growth in Automotive Electronics: Increasing integration of electronic components in vehicles, such as infotainment systems, safety systems, and electric vehicle (EV) components, is driving PCB demand.
4. Industrial Automation: The adoption of robotics and automation in industries requires advanced PCBs, contributing to market expansion.
5. Global Shift Toward Renewable Energy: The need for PCBs in solar panels and wind turbines is expected to rise as renewable energy becomes more widespread.
Share on:
Suggested Items
Zuken Vitech Announces GENESYS 2025: Advancing Interoperability and Usability in Model-Based Systems Engineering
06/10/2025 | ZukenZuken Vitech, a leading provider of model-based systems engineering (MBSE) solutions, is proud to announce the release of GENESYS 2025, the latest evolution of its flagship systems engineering platform.
Airbus Signs Contract to Equip German Air Force A400Ms with Infrared Protection Systems
06/09/2025 | AirbusAirbus has been awarded a contract from the German procurement agency Bundesamt für Ausrüstung, Informationstechnik und Nutzung der Bundeswehr (BAAINBw) to equip 23 Luftwaffe A400Ms with DIRCM protection systems.
Plexus Issues Fiscal 2024 Sustainability Report
06/06/2025 | PlexusPlexus Corp. released its fiscal 2024 Sustainability Report. The report, which is now available on the company’s Sustainability web page, highlights how Plexus’ commitment to sustainability and innovating responsibly is rooted in its values.
Siemens Announces PAVE360 Support for New Arm Zena Compute Subsystems
06/04/2025 | Siemens Digital Industries SoftwareSiemens Digital Industries Software announced today that it is expanding its longstanding relationship with Arm and adding support for the newly launched Arm® Zena™ Compute Subsystems (CSS) in its PAVE360™ software, designed for software-defined vehicles (SDV).
IPC Releases Latest Standards and Revisions Updates
06/05/2025 | IPCEach quarter, IPC releases a list of standards that are new or have been updated. To view a complete list of newly published standards and standards revisions, translations, proposed standards for ballot, final drafts for industry review, working drafts, and project approvals, visit ipc.org/status. These are the latest releases for Q1 2025.