Product Code: ETC4571365 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive PCB market import shipment demonstrated a consistent upward trajectory with a CAGR of 10.5% from 2020 to 2024. The growth rate notably accelerated by 14.8% between 2023 and 2024, indicating a significant expansion in demand and market momentum during this period.
Printed circuit boards (PCBs) are integral to the functioning of modern vehicles, providing connectivity for various electronic systems. With the increasing complexity of automotive electronics and the development of autonomous and connected vehicles, the demand for automotive PCBs is on the rise in India. This market is expected to see sustained growth as the automotive industry embraces advanced technologies.
The automotive PCB market is driven by the increasing electronic content in vehicles. As cars become more connected and autonomous, the demand for electronic control units and PCBs continues to rise.
The automotive PCB market in India encounters challenges related to quality standards, regulatory compliance, and the need for advanced technology. Ensuring the reliability and quality of PCBs used in vehicles is essential. Additionally, complying with safety and environmental regulations and embracing advanced PCB manufacturing technologies are necessary to address the challenges in this market.
The pandemic disrupted the automotive PCB market in India, as it did with many other industries. Supply chain disruptions and reduced production affected the availability of PCBs for the automotive sector. However, as the automotive industry recovers and embraces innovations like autonomous driving and electric vehicles, the demand for advanced PCBs is expected to grow. The India automotive PCB market is likely to rebound as these technologies gain prominence.
In the automotive printed circuit board (PCB) market in India, leading players include Meiban Group, Multilayer PCB Ltd, Shogini Technoarts Pvt Ltd, Sanmina Corporation, and AT&S.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive PCB Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive PCB Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive PCB Market - Industry Life Cycle |
3.4 India Automotive PCB Market - Porter's Five Forces |
3.5 India Automotive PCB Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Automotive PCB Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 India Automotive PCB Market Revenues & Volume Share, By Level of Autonomous Driving, 2021 & 2031F |
4 India Automotive PCB Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced technologies in automotive electronics |
4.2.2 Growth in the automotive industry in India |
4.2.3 Rising demand for electric vehicles in the country |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in PCB manufacturing |
4.3.2 Lack of skilled labor in the PCB industry |
4.3.3 Stringent regulations and compliance standards in the automotive sector |
5 India Automotive PCB Market Trends |
6 India Automotive PCB Market, By Types |
6.1 India Automotive PCB Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive PCB Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Automotive PCB Market Revenues & Volume, By Single-sided, 2021-2031F |
6.1.4 India Automotive PCB Market Revenues & Volume, By Double-sided, 2021-2031F |
6.1.5 India Automotive PCB Market Revenues & Volume, By Multi-layer, 2021-2031F |
6.2 India Automotive PCB Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive PCB Market Revenues & Volume, By BEVs, 2021-2031F |
6.2.3 India Automotive PCB Market Revenues & Volume, By HEVs, 2021-2031F |
6.2.4 India Automotive PCB Market Revenues & Volume, By ICE, 2021-2031F |
6.3 India Automotive PCB Market, By Level of Autonomous Driving |
6.3.1 Overview and Analysis |
6.3.2 India Automotive PCB Market Revenues & Volume, By Autonomous, 2021-2031F |
6.3.3 India Automotive PCB Market Revenues & Volume, By Semi-autonomous, 2021-2031F |
6.3.4 India Automotive PCB Market Revenues & Volume, By Conventional, 2021-2031F |
7 India Automotive PCB Market Import-Export Trade Statistics |
7.1 India Automotive PCB Market Export to Major Countries |
7.2 India Automotive PCB Market Imports from Major Countries |
8 India Automotive PCB Market Key Performance Indicators |
8.1 Average PCB manufacturing cost per unit |
8.2 Percentage of automotive companies using PCBs in their vehicles |
8.3 Number of patents filed for automotive PCB technologies |
8.4 Percentage increase in investments in PCB manufacturing technologies in India |
8.5 Rate of adoption of PCBs in electric vehicles in the Indian market |
9 India Automotive PCB Market - Opportunity Assessment |
9.1 India Automotive PCB Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Automotive PCB Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 India Automotive PCB Market Opportunity Assessment, By Level of Autonomous Driving, 2021 & 2031F |
10 India Automotive PCB Market - Competitive Landscape |
10.1 India Automotive PCB Market Revenue Share, By Companies, 2024 |
10.2 India Automotive PCB Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |