Based on product, the PCB market is segmented into 4-6 low, Substrates, 1-2 sided, Flexible, and Others.
In 2019, the 4-6 low product segment accounted for the largest share of the global market due to the increasing demand for thin-film PCBs, particularly due to a surging use of semiconductor wafers in the electronic applications.
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APAC is expected to show the highest growth during forecast period.
Based on geography, the PCB market is segmented into APAC, North America, Europe, MEA, and South America.
By 2024, APAC will account for 93% of the market s growth as it is emerging as the electronic hub of the world.
Rising Demand for Internet of Things (IoT) aids Printed Circuit Board (PCB) Market to grow at a CAGR of 3% by 2024 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Fior Markets delivers detailed information about market definitions and their classification, along with, global segmentation for the market, product overview, industry outline, raw material, and cost structure. The report is designed to help businesses ease surviving and succeeding in this vertical. The report embraces drivers, restraints, opportunities, and key developments pivotal to global High Density Interconnect industry growth in the forthcoming years. The research outlines the factors affecting the progression of each industry segment. The report shows current as well as forecast data and also provides compounded annual growth rate (CAGR%), which is measured for regional markets and individual segments.
Strong NT dollar weighs on PCB makers: analysts
By Chen Cheng-hui / Staff reporter
The New Taiwan dollar’s continued appreciation against the US dollar would drag on printed circuit board (PCB) manufacturers’ earnings this quarter, analysts said, adding that high costs for raw materials and shipping driven by restocking demand would also affect their business.
However, PCB makers’ gross margins would be less strongly affected, as many firms in the sector plan to raise prices to reflect cost pressure, Yuanta Securities Investment Consulting Co (元大投顧) said in a note last week.
“We estimate that if the NT dollar’s appreciation rises by one dollar against the greenback, PCB makers’ core earnings would drop 10 percent, while a 10 percent copper price hike would reduce their earnings by 5 percent,” Yuanta analysts led by Liu Szu-liang (劉思良) said in the note.