The key players in automotive PCB market are CMK (Japan), Chin Poon Industrial (Taiwan), Meiko Electronics (Japan), Nippon Mektron (Japan), KCE Electronics (Thailand), TTM Technologies (U.S.), Daeduck Electronics (South Korea), Tripod Technology (Taiwan), NOK (Japan), AT&S (Austria), Unitech (India), WUS (Taiwan), Kyoden (Japan), ELNA (Japan), and Shirai (China).
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The factors that are responsible for the growth of automotive PCB market are increased use of electronic components in the vehicle, innovation in the technology, increase in sales of new vehicle, and others. The increase use of electronic components such as in infotainment systems, advance driver assistance system, and powertrain in the vehicles will result in the increased use of PCBs. The increased use of electronics components in the vehicle will drive the PCB market in future. Innovation in technology such as multi-layer PCB has the ability to provide much higher component density, which will drive the market in future. The increase in sales of new vehicles will result in growing demand for electronics and electrical components in the vehicle, which will drive the market in future.
Detailed Regional Analysis:
The Asia Pacific region is likely to lead the market in the duration of the forecast period due to a surge in the manufacture of commercial and passenger vehicles in developing nations such as China, India, and Japan. In the APAC region, a rise in preference for connection of high end technology in vehicles has been observed. The improved preference of the customers in vehicles is expected to result in mounting demand for the usage of PCBs. This growing demand for PCBs will motivate the market in the future.
The North American region is predicted to be the second biggest market that is anticipated to develop during the forecast period owing to the rise in demand for high end passenger cars. The developing demand for high end passenger cars will need improved installation of PCBs in the vehicle. This is expected to drive the market in the future. The European region is foreseen to be the third leading market that is anticipated to develop through the forecast period. In the European region, there has been an increasing demand for safety in the vehicles. The mounting demand for safety will result in the improved installation of electrical and electronic components in the vehicle. This will result in the progress of the market in future.
The automotive PCB market has been segmented based on type, autonomous driving, application, and vehicle type. On the basis of type, the market has been segmented as single-sided, double-sided, and multi-layer. Multi-layer segment is expected to dominate the market during the forecast period because it allows higher component density as compared to other types of PCBs. The growing popularity of multilayer PCBs due to the adoption of surface mount technology, is expected to drive this segment in future. Based on autonomous driving, the market is segmented as autonomous vehicles, conventional vehicles, and semi-autonomous vehicles. The autonomous vehicle is expected to drive the market in future due to increase in the technology installed in the autonomous vehicles. On the basis of application, the market has been segmented as ADAS, body & comfort, infotainment components, powertrain components, and others. The ADAS system is expected to dominate the market during the forecast period due to increased need for safety and stringent government regulations.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimatio
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
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