Global Multilayer Printed Circuit Market Report 2022: The Need for Smaller and Lighter Boards for Devices Driving Growth – ResearchAndMarkets.com | Jobs Reply


DUBLIN–(Business Wire)– The “Global Multilayer Printed Circuit Board Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type, Applications, and Regions” report has been added to ResearchAndMarkets.com’s offering.

The global Multilayer Printed Circuits Market is expected to grow at a rate of approximately 5% CAGR over the next six years (2022-2028) owing to the growing market for smart devices used in home automation systems. In addition, the need for smaller, lighter boards for use in electrical devices, military equipment, and healthcare miniaturization is likely to drive the market growth during the forecast period. The market size is estimated to be ~US$ 30 Bn in 2022. It is also found in the research study that the market size is expected to reach ~US$ 40 Bn by 2028 with a CAGR of ~5%.

The growing market for smart devices incorporated in home automation systems is expected to fuel the growth of the Multilayer Printed Circuits Market. The need for smaller and lighter boards for use in electrical devices, military equipment, and healthcare miniaturization is expected to further drive the market growth.

Today, consumers seek additional conveniences arising from home automation products or devices and ambient computing through smart home devices. For an efficient and lighter smart home device, a multilayer printed circuit board is used in its wiring area. Thus, increasing adoption of smart home devices is expected to push the growth of the multilayer printed circuit board market.

According to the Home Improvement Research Institute (HIRI), approximately 456 million smart home devices were shipped globally in 2020, and that is expected to cross approximately 1.2 billion by 2025.

There are some limitations in the multilayer printed circuit board market, such as the availability of cheaper alternatives in the market. Also, the requirement of higher cost and time to manufacture multilayer printed circuit board is expected to hinder the market growth.

The cost of manufacturing, designing and depaneling a multilayer printed circuit board is on the higher side compared to other options in the market that could be used if the small size factor is not a requirement. Also, multilayer PCBs are the result of new technology, so the equipment needed to produce them is still relatively expensive.

According to Valley Services Electronics (VSE), a leading PCB manufacturer and assembler, a single-layer printed circuit board requires no additional cost but a multi-layer printed circuit board requires an additional US$25 to US$50 per layer pair on normal program. .rEP

Scope of the Report

The Global Multilayer Printed Circuit Market is segmented by product type and application type. In addition, the report covers the market size and forecasts for the Multilayer Printed Circuit Markets of the major regions of the world. The revenue used to size and forecast the market for each segment is US$ Billion.

By Product Type

  • Layer 3-6

  • Layer 8-10

  • Layer 10+

By Application Type

  • Consumer Electronics

  • Automotive Industry

  • Communication

  • Health care

  • Industries

  • Aerospace

  • Other

By Region

  • North America (USA, Canada, Mexico)

  • Europe (Germany, UK, France, Spain, Italy)

  • Asia Pacific (China, Taiwan, Japan, India)

  • LAMEA (Latin America, Middle East, Africa)

Key Players

  • Flexium Interconnect.Inc

  • Fujikura Ltd

  • Nippon Mektron, LTD

  • TTM Technologies Inc

  • Zhen Ding Tech

  • MFLEX

  • JYCircuitBoard

  • Company Information Company Name Tripod Technology Corp

  • Compeq Manufacturing Co Ltd

  • Ibiden Co. Ltd

  • Samsung Electro-Mechanics

  • Trackwise Designs plc

Main Topics Covered:

1. Executive summary

2. Market Overview and Key Trends Impacting Growth

3. Global Complete Multilayer Printed Circuits – Market Segmentation by Product Type, Historic Growth, Outlook & Forecasts

4. Global Complete Multilayer Printed Circuits – Market Segmentation by Application, Historic Growth, Preview & Forecasts

5. Industry/Competitive Analysis – Competitive Landscape

6. Profiles of Key Competitors (Company Overview, Product Offerings, and Developments)

7. Geographical Analysis & Major Countries Market Historical Growth, Prospect, and Forecasts

8. Opinions/Perspectives of Industry Experts

9. Recommendation of Analysts

For more information about this report visit https://www.researchandmarkets.com/r/sin6b



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