Automotive PCB Market worth 12.43 Billion USD by 2025

Asia Pacific is estimated to dominate the PCB market for automotive, by volume as well as value. The growth of this market is due to the increase in production and demand for passenger cars and electric vehicles.

(EMAILWIRE.COM, February 02, 2018 ) The report “Automotive PCB Market by Type (Single-sided, Double-sided, and Multi-layer), Application, Fuel Type (BEVs, HEVs, and ICE), Level of Autonomous Driving (Autonomous, Semi-autonomous, and Conventional), End User, and Region - Global Forecast to 2025” The automotive PCB market is projected to grow at a CAGR of 5.33 %, from USD 8.21 billion in 2017 to USD 12.43 billion by 2025. The implementation of basic safety systems such as ABS, anti-lock braking systems, TPMS, and electronic stability programs, along with the rising demand for advanced cockpit electronics and advanced telematics, is expected to drive the automotive PCB market. The growth can also be attributed to the increasing demand for BEVs and PHEVs, which have more electronic components than conventional ICE vehicles do.

Browse 89 market data Tables and 54 Figures spread through 143 Pages and in-depth TOC on "Automotive PCB Market – Global Forecast to 2025"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=12448564

The multi-layer PCB segment is estimated to be the largest segment in the Automotive PCB Market

The multi-layer PCB segment is estimated to be the largest and fastest growing segment of the automotive PCB market during the forecast period. The rising demand for advanced electronics such as windshield HUDs, infotainment & navigation units, rear seat entertainment, drive mode selector, electric powertrain, and advanced telematics are expected to drive the multi-layer PCB market.

ADAS and basic safety segment is estimated to be the fastest growing segment in the Automotive PCB

The ADAS and basic safety segment is estimated to be the fastest growing market during the forecast period, as majority of the luxury and mid-segment vehicles are equipped with basic safety functions such as ABS, anti-lock braking system, and TPMS. Stringent safety norms and growing awareness about road safety are also fueling the growth of ADAS and basic safety segment in the automotive PCB market.

Asia Pacific: Largest regional market for Automotive PCB

Asia Pacific market is the largest regional market for automotive PCB, as the Asia Pacific region is the largest market for automobiles, with a market share of around 50% of the global automobile production. The Asia Pacific region comprises emerging economies such as China and India along with developed nations such as Japan and South Korea. The increasing application of advanced electronics in vehicles, growing purchasing power of the consumer, and good consumer awareness for safety features in the developing countries are the key factors driving the automotive PCB market in Asia Pacific Region.

The report covers all the major players in the automotive PCB market, including CMK (Japan), Chin Poon Industrial (Taiwan), Meiko Electronics (Japan), Nippon Mektron (Japan), and KCE Electronics (Thailand).

Request for Sample Pages of Report @ https://www.marketsandmarkets.com/requestsample.asp?id=12448564

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com