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According to a new market report published by Lucintel, the future of the PCB market looks promising with opportunities in the computerperipherals, communications Women's Justice Hill Jersey , consumer electronics, industrial, automotive, and militaryaerospace industries. The global PCB market is expected to reach an estimated $80.1 billion by 2023 with a CAGR of 3.3% from 2018 to 2023. The major growth drivers for this market are increasing demand for PCB in the communication industry, growth in connected devices, and advancement in automotive electronics.
In this market, various PCB products such as rigid Women's Miles Boykin Jersey , rigid-flex, IC substrate, HDIMicroviaBuild-up, flexible circuits, etc are used in a wide range of electronic components. Lucintel forecasts that standard multilayers will remain the largest substrate type due to increasing demand in computer and communication industries. The rigid-flex substrate is expected to witness the highest growth during the forecast period due to growing demand for smartphone and display applications.
Within the PCB market, computersperipherals will remain the largest end use industry during the forecast period due to increasing demand for computer systems in business, healthcare Women's Jaylon Ferguson Jersey , and educational sectors. The consumer electronics segment is expected to witness the highest growth due to the increasing demand for connected devices.
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