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Printed Circuit Board Market to Gain Huge Demand From Automotive and Consumer Electronic Industries

Date: 2017-10-26
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The printed circuit board (PCB) market, on the basis of design, is segmented into low end, mainstream and high end. Printed circuit boards (PCB) are a common method of assembling modern electronic circuits which comprises one or more insulating layers and one or more copper layers containing the signal traces, power and grounds as well. The design of a PCB needs more incessant efforts than the design of an electrical circuit.

The modern systems consist of multilayer boards with eight layers. Earlier, components were mounted on the top layer in holes which extended through all layers, hence these are referred as through hole components. With this regards, the design of a PCB can be more important as the circuit design to the overall performance of the final system. Generally, PCB effects are harmful as it may include leakage resistances, IR voltage drops in trace foils, visas and ground places, influence of stray capacitance and dielectric absorption. Further, PCBs tend to absorb atmospheric moisture.

Fundamentally, PCB effects can be divided into two categories, those that mostly affect the static or DC operation of the circuit and those that are mostly affect the dynamic or circuit operation particularly at high frequencies.Grounding is another broad area of PCB design and poses problems for all analog and mixed signal designs.

From the commercial point of view, the printed circuit boards come in different form and shapes serving multifunctional purpose.The key driving factors attributing to the growth of printed circuit board market includes growth in wage rate and competition. The positive trend in the PCB market indicates rise in adoption of automotive electronics. Additionally, efforts taken in designing PCB circuits leads toan upsurge demandduring the forecast period.

Moreover, growing emphasis of companies on enhancing their productivity is likely to propel the demand for PCB design software market in the upcoming years. However, accessibility and availability of PCB design software from open sources is expected to hinder the market growth during the assessment period. Overall, the PCB market is anticipated to grow at a double-digit CAGR during the forecast period.

On the basis of structure, the printed circuit board market is segmented into multilayer, flexible, rigid-flex, microvia, and substrate. On the basis of end users, the printed circuit board market is segmented into automotive, consumer electronic, plant and machinery. On the basis of application, the printed circuit board market is segmented into telecommunications, medicine, computing & entertainment, consumer electronics, instrumentation & scientific research, energy, defense and surveillance & industrial & automotive.

On the basis of geographic segmentation, the printed circuit board market spans North AmericaLatin AmericaEuropeAsia-PacificMiddle-East and Africa.Europe is anticipated to dominate the global market owing to growth in investments by major automobile key players in order to enhance the productivity with the help of time and cost efficient designing solutions. APAC regions are anticipated to witness a higher growth during the forecast period, IndiaChina are the hot regions for the growth of PCB market.

The key players in the printed circuit board market include Amphenol, Hon hai/Foxconn, Molex, TE connectivity, 3M, ABB, HARTING Technology Group, Hirose Electric, JAE, METZ CONNECT, Cadence Design Systems, Zuken Inc., Altium Limited, Synopsys Inc., ANSYS Inc., ForteDesign Systems Inc., Pheonix Contact, and Rosenberger.

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