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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the printed circuit board (PCB) market and it is poised to grow by USD 10.85 billion during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Compeq Manufacturing Co. Ltd., Ibiden Co. Ltd., Korea Zinc Co. Ltd. , NOK Corp., Samsung Electronics Co. Ltd., Sumitomo Electric Industries Ltd., Tripod Technology Corp., TTM Technologies Inc., Unimicron Technology Corp., and Zhen Ding Technology Holding Ltd. are some of the major market participants. The growing demand for Internet of Things (IoT) devices will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing demand for Internet of Things (IoT) devices has been instrumental in driving the growth of the market.

Printed Circuit Board (PCB) Market 2020-2024: Segmentation

Printed Circuit Board (PCB) Market is segmented as below:

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Printed Circuit Board (PCB) Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our printed circuit board (PCB) market report covers the following areas:

This study identifies the advent of high-density interconnect (HDI) technology as one of the prime reasons driving the printed circuit board (PCB) market growth during the next few years.

Printed Circuit Board (PCB) Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the printed circuit board (PCB) market, including some of the vendors such as Compeq Manufacturing Co. Ltd., Ibiden Co. Ltd., Korea Zinc Co. Ltd. , NOK Corp., Samsung Electronics Co. Ltd., Sumitomo Electric Industries Ltd., Tripod Technology Corp., TTM Technologies Inc., Unimicron Technology Corp., and Zhen Ding Technology Holding Ltd. Backed with competitive intelligence and benchmarking, our research reports on the printed circuit board (PCB) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Printed Circuit Board (PCB) Market 2020-2024: Key Highlights

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Printed Circuit Board (PCB) Market 2020-2024 | Growing Demand for Internet of Things (IoT) Devices to Boost Growth | Technavio - Business Wire