Automotive PCB Market is Projected to Reach $25.6B by 2031, Rise in Adoption of Mobility 4.0 Gains TractionJune 7, 2023 | Globe Newswire
Estimated reading time: Less than a minute
Transparency Market Research Inc. - The global automotive PCB market size stood at US$ 13.2 Bn in 2022 and is expected to be valued at US$ 25.6 Bn by 2031. The global industry is projected to develop at a CAGR of 7.7% between 2023 and 2031. Increasing market demand for next-generation automobiles and growing adoption of Mobility 4.0 are anticipated to propel the automotive PCB industry growth.
Connecting the electrical systems in vehicles can be done using printed circuit boards (PCBs), which are compact, affordable, and dependable. Increased use of CASE automotive technology is projected to fuel market development.
Manufacturers of automotive PCBs are expected to benefit from the advent of semi-autonomous and autonomous automobiles. Performance and dependability of automotive PCBs are enhanced by investments by key manufacturers in the R&D of novel materials and technology.
In the automobile sector, PCBs are frequently utilized for various tasks, including managing the gearbox, infotainment, lighting systems, and other electrical parts. They offer a compact, affordable, and dependable connection option for automotive electronics. Circuit boards for automobiles must also survive extreme temperatures and vibration. Consequently, they demand unique design considerations and premium components.
HyRel Technologies, a global provider of quick turn semiconductor modification solutions, proudly announces that it earned the prestigious AS9100 certification.
StenTech Inc., the leading multinational SMT Printing Solutions company, is pleased to announce plans to exhibit at the SMTA Guadalajara Expo, scheduled to take place Oct. 25-26, 2023 at the Expo Guadalajara in Guadalajara, Jalisco, Mexico.
Camtek Ltd., together with FormFactor, Inc., are pleased to announce that they have entered into an agreement for the acquisition by Camtek of FormFactor, Inc.’s FRT Metrology business for $100 million in cash, subject to customary purchase price adjustments.
Join fellow EMS leaders in the region on Oct 5, 2023, 4:30 - 8:00pm EDT, to share industry pain points and solutions. Our focus for this meeting is how companies profitably reach the next level of revenue. Following a presentation on the current EMS market and revenue tiers in the industry, participants will discuss how to reach the next level and grow their business. Discussion will pull from direct experience, questions, and ideas. From there, the conversation goes where you, the leaders, take it. Every roundtable ends in unique takeaways.
Intraratio to Feature Industry-Leading Smart Manufacturing Solutions at SMTA Guadalajara Expo and Tech Forum 202309/21/2023 | Intraratio
Intraratio, a provider of enterprise software solutions, is pleased to announce its participation in the SMTA Guadalajara Expo and Tech Forum 2023.