Product Code: ETC018719 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Printed Circuit Boards (PCB) market is expected to register a CAGR of 6.3% during the forecast period 2020-2026. The increasing demand for consumer electronics, automotive and industrial products is driving the growth of the PCB market in Saudi Arabia. Moreover, continuous technological advancements such as miniaturization of components and lightweight materials have increased the usage of printed circuit boards in end-use industries such as telecommunications, healthcare and aerospace & defense. This has further augmented growth prospects for PCBs across Saudi Arabia over the coming years.
With an increasing number of customers opting for high speeds internet services with 5G technology, there is a growing demand for circuits boards which can handle throughput requirements without compromising on power consumption or heat dissipation rate. This has led to significant investments in research & development activities focusing on developing strong networks that are capable enough to withstand extreme operating conditions while providing enhanced performance capabilities at low cost. This factor is likely to create favorable opportunities for deployment of printed circuit boards across various applications within telecom industry over the next three years thus propelling their sales revenue significantly in Saudi Arabia during this time frame The surging adoption rate of industrial automation technologies coupled with rising investments by local government promoting rapid industrial expansion schemes are resulting into stronger need for efficient electronic controls systems featuring high levels of precision, flexibility and reliability characteristics along with minimum size footprint requirement so that they can be easily accommodated within tight spaces available on production line machines efficiently without creating any obstructions operationally speaking leading to consistent increase in their manufacturing volume thereby boosting overall business outlook associated with these parts throughout region over short term future.
Despite numerous advantages offered by utilization use these electrical circuits , their mass production still remains quite complicated primarily because most those designs involve intricate mixture several different metals based layers that require special attention accuracy when being manufactured hence resulting higher costs due labor intensive work involved plus expensive raw materials employed process which could severely hurt profit margins companies dealing them . As complexity designs increases , it becomes increasingly difficult find right talent pool engineers who possess both expertise knowledge about latest trends techniques related same field also experience required work projects involving circuit board prototyping layout . Such lack requisite skillset personnel.
On account of Covid-19 pandemic outbreak, global economic activities have been hampered; therefore leading to a decline in consumption expenditure on consumer electronics products which has affected the PCBs industry significantly. In Saudi Arabia specifically, increased restrictions on movement led to reduced production output levels resulting in supply chain disruptions across industries thereby further impacting market negatively over short term period. However with gradual lifting of lockdown restrictions coupled with ongoing 5G technology roll out plans by major telecom operators is anticipated to create new opportunities for local suppliers as well as OEMS in Saudi Arabia PCBs Industry aiding overall recovery from COVID - 19 crises over medium term future outlook.
Some key players operating in Saudi Arabia Printed Circuit Board Market are Samsung Electronics Co., Ltd., Foxconn Technology Group/Hon Hai Precision Industry Co.,Ltd., Multi Tech Systems Inc., AT&S Austria Technologie & Systemtechnik Aktiengesellschaft ,Tripod Technology Corporation etc
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 Saudi Arabia Printed Circuit Boards Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Printed Circuit Boards Market - Industry Life Cycle |
3.4 Saudi Arabia Printed Circuit Boards Market - Porter's Five Forces |
3.5 Saudi Arabia Printed Circuit Boards Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 Saudi Arabia Printed Circuit Boards Market Revenues & Volume Share, By Substrate, 2020 & 2030F |
3.7 Saudi Arabia Printed Circuit Boards Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Saudi Arabia Printed Circuit Boards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Printed Circuit Boards Market Trends |
6 Saudi Arabia Printed Circuit Boards Market, By Types |
6.1 Saudi Arabia Printed Circuit Boards Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Single Sided, 2020-2030F |
6.1.4 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Double Sided, 2020-2030F |
6.1.5 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Multi-Layer, 2020-2030F |
6.1.6 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By HDI, 2020-2030F |
6.2 Saudi Arabia Printed Circuit Boards Market, By Substrate |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Rigid, 2020-2030F |
6.2.3 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Flexible, 2020-2030F |
6.2.4 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Rigid-Flex, 2020-2030F |
6.3 Saudi Arabia Printed Circuit Boards Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Industrial Electronics, 2020-2030F |
6.3.3 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Healthcare, 2020-2030F |
6.3.4 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Aerospace & Defense, 2020-2030F |
6.3.5 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Automotive, 2020-2030F |
6.3.6 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By IT & Telecom, 2020-2030F |
6.3.7 Saudi Arabia Printed Circuit Boards Market Revenues & Volume, By Consumer Electronics, 2020-2030F |
7 Saudi Arabia Printed Circuit Boards Market Import-Export Trade Statistics |
7.1 Saudi Arabia Printed Circuit Boards Market Export to Major Countries |
7.2 Saudi Arabia Printed Circuit Boards Market Imports from Major Countries |
8 Saudi Arabia Printed Circuit Boards Market Key Performance Indicators |
9 Saudi Arabia Printed Circuit Boards Market - Opportunity Assessment |
9.1 Saudi Arabia Printed Circuit Boards Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 Saudi Arabia Printed Circuit Boards Market Opportunity Assessment, By Substrate, 2020 & 2030F |
9.3 Saudi Arabia Printed Circuit Boards Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Saudi Arabia Printed Circuit Boards Market - Competitive Landscape |
10.1 Saudi Arabia Printed Circuit Boards Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Printed Circuit Boards Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |