PCB Screws Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global PCB screws market was valued at approximately USD 1.2 billion in 2022, with a projected compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. This growth is driven by the increasing demand for miniaturized electronic components and advancements in the electronics industry. The market is experiencing a robust expansion due to the rising adoption of PCBs (Printed Circuit Boards) in consumer electronics, automotive, and telecommunications sectors. As technology progresses, the need for high-precision and durable fastening solutions, such as PCB screws, is expected to grow significantly.
Opportunities in the PCB screws market are abundant as emerging technologies, including IoT (Internet of Things) and 5G, drive the need for more sophisticated electronic assemblies. The growth of smart devices and wearable technology also contributes to the demand for innovative fastening solutions. Regions such as Asia-Pacific are showing significant promise due to the rapid industrialization and increasing production capacities in countries like China and India. Additionally, the trend towards sustainable and eco-friendly manufacturing practices presents new avenues for market expansion, as companies seek screws that align with environmental regulations and standards.
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ABB
3M
HellermannTyton
Panduit
RAF Electronic Hardware (MW Industries
Inc.)
HUA WEI
Nyfast
Heyco (Anixter)
KITAGAWA INDUSTRIES
YY CABLE ACCESSORIES
Molveno Fasteners
EZM srl
Gecko International
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 Screws Market
Residential
Industrial
Commercial
Based on Types the Market is categorized into Below types that held the largest PCB Screws market share In 2023.
2 Way
6 Way
10 Way
Other
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 Screws 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 Screws Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global PCB Screws Market, By Type
6. Global PCB Screws Market, By Application
7. Global PCB Screws Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global PCB Screws Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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