Global Multilayer Printed Circuits Market By Region
The Global Multilayer Printed Circuits market is segmented by Region into North America, Europe, Asia- pacific and LAMEA.
Asia-pacific region accounted for the largest market share in 2021 among all regions within the total Global Multilayer Printed Circuits Market.
Rising initiatives by the governments for partnering with local Telco to bring change in communication infrastructure in the Asia Pacific is propelling the growth of the market.
Countries like India and China in the region have a larger population, with a higher requirement for smart devices, mobile phones, and electronic devices, further boosting the demand for multilayer printed circuits in these regions, and thus overall growth of the market.
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Competition Scenario In Global Multilayer Printed Circuits Market
The Global Multilayer Printed Circuits Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players that have core in PCB manufacturing and specialization in multi-layer PCB and flexible PCBs.
Large global players control the majority share of the market in terms of revenue, while regional players hold the second largest share. Some of the major players in the market include Flexium Interconnect Inc, Fujikura Ltd, Nippon Mektron LTD, TTM Technologies Inc., Zhen Ding Tech., MFLEX, Co. Ltd., Samsung Electro-Mechanics, Trackwise Designs plc.
What is the Expected Future Outlook for the Overall Global Multilayer Printed Circuits Market Across the globe?
The Global Multilayer Printed Circuits market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
Global Multilayer Printed Circuits market is largely driven by the growing market for smart devices used in home automation systems. Furthermore, the growing need for smaller, lighter boards for use in electrical devices, military equipment, and healthcare miniaturization.
In January 2020, LG and Samsung announced to launch of micro-LED TV for residential and commercial applications to target commercial indoor applications and high-end home installation.
The Global Multilayer Printed Circuits Market is forecasted to grow at ~5% CAGR, which is primarily driven by the growing market for smart devices incorporated into home automation systems. Furthermore, the growing need for smaller, lighter boards for use in electrical devices, military equipment, and healthcare miniaturization is likely to drive the growth of the market during the forecast period. The market size is estimated to be ~US$ 30 Bn by 2022 and is expected to reach ~US$ 40 Bn in 2028. Asia Pacific is the dominant region in terms of revenue generation. Though the market is highly competitive with ~200 participants, few global players control the dominant share and regional players also hold a significant share.
Key Topics Covered in the Report
- Snapshot of Global Multilayer Printed Circuits Market
- Industry Value Chain and Ecosystem Analysis of the Multilayer Printed Circuits Market
- Market size and Segmentation of the Global Multilayer Printed Circuits Market
- Historic Growth of the Overall Global Multilayer Printed Circuits Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Multilayer Printed Circuits Industry
- Overview, Product Offerings of Key Competitors
- COVID-19 Impact on Overall Global Multilayer Printed Circuits Market
- Future Market Forecast and Growth Rates of the Total Global Multilayer Printed Circuits Market and by Segments
- Market Size of Application/End-User Segments with Historical CAGR and Future Forecasts
- Analysis of the Multilayer Printed Circuits Market in Major Regions
- Major Production/Supply and Consumption/Demand Hubs in Each Major Region
- Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Region.
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Major Companies Profiled in the Report
- Flexium Interconnect.Inc
- Fujikura Ltd.
- Nippon Mektron, LTD
- TTM Technologies Inc.
- Zhen Ding Tech.
- MFLEX
- JYCircuitBoard
- Tripod Technology Corp.
- Compeq Manufacturing Co. Ltd.
- Ibiden Co. Ltd.
- Samsung Electro-Mechanics
- Trackwise Designs plc
Notable Emerging Companies Mentioned in the Report
- NexPCB
- FLEEP Technologies
- RayMing
- Acme Circuits
- Hillaman Curtis
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- PCB Manufacturers
- Healthcare Technology/Equipment Manufacturers
- Technology Consulting and Advisory Firms
- Government Ministries and Departments of Electronics Industry
- Regulatory Authorities in Semiconductor Industry
- Printed Circuit Raw Material Suppliers
- Investment Bankers focused on Electronics Industry
- PE and VC Firms focused on Electronics Industry
- Electronic Device Manufacturers
- Company Research and Development Institutes
- Market Research & Consulting Firms
- Banking and Financial Service Providers
- Semiconductor IP Companies
- Semiconductor Chip Manufacturers
- SoC and Hardware Suppliers
- PCB Designers
- Electronics Testing & Inspection Companies
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022-2028
For more insights on the market intelligence, refer to the link below:-
Global Multilayer Printed Circuits Market
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