Lucintel Forecasts Global 5G PCB Market to Reach $43.6 billionby 2030


Posted September 23, 2023 by Lucintel

"According to a market report by Lucintel, the future of the global 5G PCB market looks promising with opportunities in the automotive, telecommunication, consumer electronics, and industrial markets

 
"According to a market report by Lucintel, the future of the global 5G PCB market looks promising with opportunities in the automotive, telecommunication, consumer electronics, and industrial markets. The global 5G PCB market is expected to reach an estimated $43.6 billion by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are continual growth in demand for high-speed and low-latency technologies, growing preference for 5G PCB based antennas, and significant demand for these PCBs in various end use sectors, such as automotive, telecommunication, consumer electronics, and industrial.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in 5G PCB market to 2030 by PCB type (single-sided, double-sided, multi-layered, high-density interconnect (HDI), and others), substrate (rigid, flexible, and rigid-flexible), end use industry (automotive, telecommunication, consumer electronics, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, single-sided, double-sided, multi-layered, and high-density interconnect (HDI)are the major segments of 5G PCB market by PCB type. Lucintel forecast that high-density interconnect (HDI)is expected to witness highest growth over the forecast period due to its significant use of these PCBs owing to its high performance and reliability as well as the ability to handle high frequencies and high-speed data transmission.

Within this market, consumer electronics is expected to witness highest growth over the forecast perioddue to escalating preference for advanced communication systems and connected devices like smartphones and tablets.

APAC will remain the largest region due to continous expansion in consumer electronics and automotive industries and growing number of data centers and cloud based enterprises in the region.

Panasonic Industry, Xinfeng Huihe Circuits, Chin Poon, Tripod Technology, Shennan Circuits, WUS Printed Circuit, Kinsus, Zhen Ding Technology Holding, Hannstar Board, Compeq Manufacturing are the major suppliers in the 5G PCB market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags 5g pcb market
Last Updated September 23, 2023