What is the market size of the PCB industry market | Industry Trends & Forecast 2025

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Code: MTA11204

Publication Date: Nov 2025

What is the size of the PCB Industry Market?

According to 6Wresearch internal database and industry insights, the PCB Industry Market was estimated at USD 92.4 billion in 2024 and is projected to reach USD 142.6 billion by 2031, expanding at a CAGR of 6.4% during the forecast period 2025-2031.

The drivers of the market expansion include rising demand for electronic devices, increasing adoption of advanced automotive electronics, expansion of telecom infrastructure, rising production of consumer gadgets, increasing need for miniaturized and high-density circuit boards, advancements in semiconductor packaging technologies, and growing deployment of industrial automation systems.

Key Growth Drivers of the PCB Industry Market

Rising demand for smartphones, laptops, and consumer electronics
Increasing ***** of automation across industries
Rising adoption of ADAS and electronic components in vehicles
Expansion of telecommunications and IoT networks
Strong demand for PCB fabrication for aerospace and defence applications
Advancements in semiconductor packaging and microelectronics

PCB Industry Market Trends

PCB Industry Market is witnessing notable growth with rising adoption of HDI, flexible, and rigid-flex PCBs to support compact electronic designs. Demand is increasing for PCBs capable of handling high-frequency and high-speed data transmission. More, robotics and AI are being used to automate PCB manufacturing and quality control. People are moving toward eco-friendly PCB materials and lead-free manufacturing. The demand for advanced multilayer PCBs is being affected by the miniaturization of semiconductors. More makers of electric vehicle parts are using power PCBs. PCB designs that support 5G infrastructure and edge-computing devices are also becoming more popular.

Emerging Developments in the PCB Industry Market

PCB Industry Market is evolving with advancements in ultra-thin substrate materials and next-generation etching technologies. New developments include 3D printed circuit board structures and additive manufacturing techniques for rapid prototyping. Companies are investing in advanced embedded component PCBs to improve device performance. High-thermal-conductivity PCBs designed for EVs and high-power applications are gaining traction. The industry is observing rising collaboration between PCB manufacturers and semiconductor firms for integrated packaging solutions. Innovations in optical PCBs and photonic integration are emerging. Furthermore, digital twin technology is increasingly being used to optimize PCB design and production efficiency.