Global Automotive PCB Market Emerging Technology, Opportunities, Analysis & Future Threats
Posted: Dec 12, 2018
The Global Automotive PCB market is estimated to grow at a CAGR of 6.3% from 2018 to 2026according to a new report published by Polaris Market Research. The new report ‘Automotive PCB Market [By Type (Single-Sided PCB, Double-Sided PCB, Multi-Layer PCB) By Vehicle Type (Passenger Vehicles, Commercial Vehicles) By Application (Powertrain, Body and Lighting, Infotainment, ADAS and Safety, Others) By Fuel Type (Internal Combustion Engine, Hybrid, Electric) By Sales Channel (OEM, Aftermarket), By Regions]: Market Size & Forecast, 2018 – 2026’ indicates that the global Automotive PCB market generated $8.5 billion in 2017.
Automotive PCB is a copper laminated and non-conductive board, used for connecting the electrical and electronic components together. Automotive PCBs are used in various applications such as airbag deployment, antilock brake systems, audio and video equipment, communication equipment, DC/AC power converters, digital displays, and electronic computer unit among others. Automobiles use specifically designed PCBs to withstand the harsh conditions to which vehicles are exposed. Market players offer high temperature laminates and copper and aluminum substrates, along with differential copper plated PCBs especially designed for the automotive industry.
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The factors driving the Automotive PCB market include increasing global population and growing urbanization. The growing concerns regarding road safety have fuelled the growth of the Automotive PCB market across the globe. The increasing demand for passenger cars, and growing penetration of electric and hybrid vehicles further support the Automotive PCB market growth. The growing need to improve road safety, and introduction of stringent regulations to enhance vehicular safety and control emissions has further accelerated the growth of the Automotive PCB industry. The development of autonomous vehicles along with growing demand for luxury and comfortable driving experience further support the Automotive PCB market growth.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Automotive PCB Market, 2018-2026. The Automotive PCB market report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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Asia-Pacific generated the highest revenue in 2017 owing to increasing disposable income and improved living standards in the region. The established automotive industry, and strict government regulations have resulted in automotive PCB market growth in the region.
Competitive Landscape and Key Vendors
The global Automotive PCB market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the Automotive PCB industry. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their Automotive PCB market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies profiled in the Automotive PCB market report include Nippon Mektron, Samsung Electro-Mechanics, Delphi Automotive, Meiko Electronics, Tripod Technology, CMK Corporation, KCE Electronics, Unimicron Technolog, Daeduck Electronics, and Chin Poon Industrial.
- Single-Sided PCB
- Double-Sided PCB
- Multi-Layer PCB
- Passenger Vehicles
- Commercial Vehicles
- Body and Lighting
- ADAS and Safety
- Internal Combustion Engine
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East
Complete Report with TOC Available @ https://www.polarismarketresearch.com/industry-analysis/automotive-pcb-market/
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Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.