PCB Laminate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Electronic systems have undergone tremendous transformation over the years on the coattails of rising demand for improved performance and better functionality in these systems. Today, printed circuit boards (PCBs) have become the foundation of majority of electronic products and their applications continue to grow well. PCBs have conductive pathways etched with copper sheets which are laminated to ensure that they do not conduct a signal or current.
PCB laminate involves circuit lamination with a non-conductive material and these laminates connect and support the electronic components using conductive tracks, pads and other features. Advances in PCB technology and its soaring demand in communication industry are primary factors influencing the development of PCB laminate market.
PCB Laminate Market – Notable Developments
Some of the most prominent competitors operating in the competitive landscape of global PCB laminate market include –
PCB Laminate Market Dynamics
Advancements in Smart Devices Gain Momentum as Key to Drive Sales of PCB Laminate
The future of PCB laminate market appears promising with rise in the demand for consumer electronics along with recent advances in digital devices including smartphones, tablets, and laptops. Growing global demand for aerospace and defense products and surging PCB demand for 3C applications (communication, computer/peripheral, and consumer electronics) are likely to augur well with the growth of PCB laminate market.
Emerging trends of miniaturization of PCBs and increasing demand for high speed data and transmission has been influencing the PCB market which in turn is anticipated to impact the future market expansion of PCB laminate. Further, rising awareness of environmental issues has led to the development of halogen-free PCBs as well as laminates which will possibly open new avenues of growth for manufacturers of PCB laminate.
PCB Laminate Market Players Foresees Lucrative Sales Opportunities in Asia Pacific
Asia Pacific is anticipated to contribute significant revenue share to the global market of PCB laminate, owing to surging adoption of digital devices and substantial presence of semiconductor manufacturers. Increasing electronic content in automotive is further likely to fuel the PCB laminate market in the region which homes the world’s leading car manufacturer, China. In addition, advances in consumer electronics and telecommunication products are expected to positively impact the market.
PCB laminate market is also predicted to witness steady growth in North America due to increased usage of electric vehicles, backed by rising environmental concerns and stringent government regulations.
PCB Laminate Market Segmentation
Based on type, PCB laminate market can be segmented into:
Based on raw material, PCB laminate market can be segmented into:
Based on application, PCB laminate market can be segmented into:
The study presents reliable qualitative and quantitative insights into:
The regional analysis covers:
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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