Automotive PCB Market Size - Growth Trends, Statistics & Forecasts (2024 - 2031)

The "Automotive PCB Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Automotive PCB market is anticipated to grow at an annual rate of 7.5% from 2024 to 2031.

This entire report is of 153 pages.

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Automotive PCB Market Analysis

The Automotive PCB market research report highlights the growing demand for printed circuit boards in the automotive industry. Automotive PCBs are essential components in modern vehicles, used in control systems, power supplies, and other electronic devices. The target market includes automobile manufacturers, suppliers, and aftermarket service providers. Major factors driving revenue growth include the increasing complexity of automotive electronics, stringent safety regulations, and the trend towards electric and autonomous vehicles. Companies such as Jingpeng, TTM, CMK, and Meiko are leading players in the market, with innovative products and strong distribution networks. The report recommends investing in research and development to stay competitive in this rapidly evolving market.

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The Automotive PCB market is experiencing rapid growth, with key segments including Single Layer Rigid PCB, Double and Multilayer Rigid PCB, and Flexible PCB. These PCBs are used in various applications such as Safety Systems, Power Systems, Vehicle Electronics, and other segments within the automotive industry.

Regulatory and legal factors play a crucial role in shaping market conditions. Manufacturers must adhere to strict guidelines set by organizations such as the International Automotive Task Force (IATF) and Automotive Industry Action Group (AIAG) to ensure quality and safety standards are met. Compliance with environmental regulations, such as RoHS and REACH, is also essential in the production of automotive PCBs.

Overall, the Automotive PCB market is poised for continued growth, driven by advancements in technology and increasing demand for electronic components in vehicles. As the industry continues to evolve, manufacturers must stay informed of regulatory changes and adapt to market conditions to remain competitive in this growing sector.

Top Featured Companies Dominating the Global Automotive PCB Market

The automotive PCB market is highly competitive, with key players such as Jingpeng, TTM, CMK, Meiko, KCE, Jiantao, Jianding, AT&S, Qisheng, Yidun, WUSPRINTED CIRCUIT CO., LTD, KINWANG, Schweizer, Sheng Hong, BPMIN ELECTRONIC, and Aoshikang. These companies provide a range of automotive PCB solutions for vehicle manufacturers, including powertrain control modules, engine control units, infotainment systems, and advanced driver assistance systems.

Jingpeng is a leading player in the automotive PCB market, offering high-quality PCB solutions for various automotive applications. TTM and CMK also have a strong presence in the market, providing reliable PCBs for automotive electronics. Meiko, KCE, Jiantao, and Jianding are other key players known for their innovative PCB technologies for the automotive sector.

Companies like AT&S, Qisheng, Yidun, WUSPRINTED CIRCUIT CO., LTD, KINWANG, Schweizer, Sheng Hong, BPMIN ELECTRONIC, and Aoshikang play a significant role in driving the growth of the automotive PCB market. They offer customized PCB solutions tailored to meet the specific requirements of automotive OEMs and help in improving the performance and reliability of electronic systems in vehicles.

In terms of sales revenue, TTM reported a revenue of $ billion in 2020, while AT&S reported sales of €1.3 billion in the same year. Schweizer reported sales of € 117.6 million in 2020. These companies are expected to continue to play a vital role in the growth of the automotive PCB market by leveraging their technological expertise and expanding their product portfolio to cater to the evolving needs of the automotive industry.

• Jingpeng
• TTM
• CMK
• Meiko
• KCE
• Jiantao
• Jianding
• AT&S
• Qisheng
• Yidun
• WUSPRINTED CIRCUIT CO., LTD
• KINWANG
• Schweizer
• Sheng Hong
• BPMIN ELECTRONIC
• Aoshikang

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Automotive PCB Segment Analysis

Automotive PCB Market, by Application:

• Safety System
• Power System
• Vehicle Electronic
• Other

Automotive PCBs are used in safety systems, such as airbag control modules and anti-lock braking systems, to ensure the safety of passengers. In power systems, they are used in battery management systems and power distribution units. Vehicle electronics, such as infotainment systems and navigation systems, also rely on Automotive PCBs. In other applications, they are used for lighting control and engine management. The fastest growing application segment in terms of revenue is vehicle electronics, as the demand for advanced features and connectivity in cars continues to rise, driving the need for more sophisticated PCBs in this area.

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Automotive PCB Market, by Type:

• Single Layer Rigid PCB
• Double and Multilayer Rigid PCB
• Flexible PCB

Single layer rigid PCBs are the simplest form of automotive PCBs, while double and multilayer rigid PCBs offer increased functionality and compactness. Flexible PCBs are commonly used in automotive applications due to their ability to bend and fit into tight spaces. These different types of PCBs provide manufacturers with options to optimize space and improve overall system performance, thereby boosting the demand for automotive PCBs in the market. Additionally, with the increasing integration of advanced technologies in vehicles, the demand for automotive PCBs is expected to continue growing.

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Regional Analysis:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Automotive PCB market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The North America region, particularly the United States and Canada, is anticipated to dominate the market with a market share percentage valuation of around 30%. Europe, with countries like Germany, France, the ., and Italy, is also projected to hold a considerable market share of around 25%. Furthermore, the Asia-Pacific region, including China, Japan, South Korea, India, and Australia, is expected to witness rapid growth and capture a market share of around 20%. Latin America and the Middle East & Africa regions are also expected to contribute to the market growth with market share percentages of around 15% and 10%, respectively.

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