Global Substrate-like PCB Market Trends, Applications, Analysis, Growth, and Forecast to 2028
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May 2023
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Global Substrate-like PCB Market: Overview
“The global Substrate-like PCB Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Printed circuit board (PCB) are to support mechanically and electrically connect the electronic components in order to be used in electronic products. Substrate-like PCB is a cross between a rigid board and a flexible substrate, and has been introduced due to the increasing requirement of miniaturization in various electronic products with enhanced features.
Substrate-like PCB is used in various applications such as electronics, medical, automotive, industrial, and others, owing to increase functionality of the end product used in the applications.
Global Substrate-like PCB Market: Dynamics
Growing demand for smartphones, gadgets, and wearable devices with enhanced features and miniaturization of devices is expected to drive growth of the global substrate-like PCB market over the forecast period. In addition, increasing demand of substrate-like PCB in products used in automotive, medical, aerospace, and other applications owing to its functions such as high performance and others, is another factor anticipated to drive growth of the potential market over the forecast period.
Moreover, rising adoption of inspection technologies by substrate-like PCB manufacturers in order to enhance the optimum quality at high speed, is expected to grow at moderate rate in terms of revenue of the substrate-like PCB market over the forecast period.
However, high cost setup associated with substrate-like PCB is a major factor which may restain growth of the global market over next 10 years.
Increasing adoption of advanced printed circuit boards in products of high-end technology, is expected to create a lucrative opportunity for manufacturers, which in turn is projected to support growth of the target market over the forecast period.
Global Substrate-like PCB Market: Segment Analysis
On the basis of line/space, the 25/25µm and 30/30µm line/space segment is expected to account major revenue share in the target market over the forecast period, owing to increasing requirement of minimum line spacing, especially in smartphones.
Among inspection technology, the automated optical inspection segment is anticipated to witness significant revenue share in the target market over the long run. Among application, the consumer electronics segment is likely to register highest revenue share contribution in the target market over the forecast period.
Global Substrate-like PCB Market: Regional Analysis
The Asia Pacific market holds major share contribution in terms of revenue and is expected to grow at a rapid rate in the global substrate-like PCB market. Growing surge of consumer electronics coupled with rising disposable income in the region is a factor anticipated to support growth of the target market over the forecast period.
China, India, Japan, and Taiwan accounts for major revenue share contribution in the target market in the region. North America substrate-like PCB market is projected to register moderate revenue share in the target market over the forecast period, followed by the market in Europe. This can be attributed to increasing demand for substrate-like PCB in consumer electronics, automotive, medical, and aerospace applications in the region.
Global Substrate-like PCB Market Segmentation:
Segmentation on the Basis of Line/Space:
- 25/25µm and 30/30µm Line/Space
- Less Than 25/25 µm Line/Space
Segmentation on the Basis of Inspection Technology:
- Automated Optical Inspection (AOI)
- Direct Imaging (DI) Or Laser Direct Imaging (LDI)
- Automated Optical Shaping (AOS)
Segmentation on the Basis of Application:
- Consumer Electronics
- Computing and Communications
- Automotive
- Medical
- Industrial
- Others (Military, Defense, and Aerospace)
Segmentation on the Basis of Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Kinsus Interconnect Technology
- IBIDEN CO., LTD.
- Compeq International Corporation
- Unimicron Technology Corporation
- AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
- TTM Technologies, Inc.
- Samsung Electro-Mechanics Co. Ltd.
- Korea Circuit Co., Ltd.
- Zhen Ding Technology Holding Limited
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