Us PCB Board Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
PCB Board Market was valued at USD 60.12 Billion in 2022 and is projected to reach USD 85.10 Billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030.
The United States Printed Circuit Board (PCB) industry is undergoing significant transformation, driven by technological advancements and strategic investments. As of 2025, the global PCB market is projected to grow by USD 26.8 billion between 2025 and 2029, with a compound annual growth rate (CAGR) of 6.2%. This surge is largely attributed to the rising adoption of smartphones and the increasing demand for compact and flexible electronic devices.
In North America, the PCB market is expected to register a CAGR of 2.98% during the forecasted years 2024 to 2032. This growth is influenced by several factors:
Technological Innovation: The integration of advanced technologies in consumer electronics and automotive sectors has heightened the demand for sophisticated PCBs.
Strategic Investments: Initiatives like the CHIPS Act aim to bolster domestic PCB manufacturing, reducing reliance on overseas production.
Environmental Regulations: Stringent environmental policies have historically shifted PCB manufacturing overseas due to the complexities of chemical disposal involved in production.
Despite these challenges, the U.S. PCB industry is poised for growth, especially with the increasing demand for electric vehicles (EVs). The PCB market for EVs is projected to reach USD 4.4 billion by 2035, growing at a CAGR of 8.5%. PCBs are essential in EVs for battery management, motor control, and advanced driver-assistance systems (ADAS).
However, the industry faces hurdles. Discussions on platforms like Reddit highlight concerns about the high costs associated with domestic PCB production, including environmental compliance and tariffs on imported PCBs. For instance, one user noted a 45% increase in costs due to shipping, taxes, and tariffs when ordering PCBs from China.
To navigate these challenges, companies are exploring strategies such as focusing on products that cannot be easily outsourced, like those under ITAR restrictions or defense-related products with classified designs. This approach not only ensures compliance with regulations but also capitalizes on markets that require domestic manufacturing.
In conclusion, while the U.S. PCB industry faces environmental and economic challenges, strategic investments, technological advancements, and a focus on specialized products position it for growth in the coming years. The interplay of these factors will shape the future landscape of PCB manufacturing in the United States.
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Daeduck Group
TTM Technologies
Sumitomo Denko
Tripod
Nippon Mektron
Young Poong Group
Unimicron
Zhen ding technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global PCB Board Market
Single-Sided PCBs
Double-Sided PCBs
Multilayer PCBs
Flexible PCBs
Rigid-Flex PCBs
FR-4 (Glass Epoxy)
CEM-1
PTFE (Teflon)
Polyimide
Metal Core PCBs
Consumer Electronics
Automotive
Aerospace and Defense
Telecommunication
Industrial Equipment
Through-Hole Technology (THT)
Surface Mount Technology (SMT)
Hybrid Technology
High-Frequency Technology
Embedded Technology
Healthcare
Consumer Goods
Information Technology (IT) and Telecommunications
Energy
Manufacturing
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global PCB Board Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global PCB Board Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PCB Board Market, By Type
6. Global PCB Board Market, By Application
7. Global PCB Board Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global PCB Board Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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