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.
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 demand during the forecast period.
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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.
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.
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On the basis of geographic
segmentation, the printed circuit board market spans North America, Latin
America, Europe, Asia-Pacific, Middle-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, India & China 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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