Indian PCB (Printed Circuit Board) Market 2021-2026: Share, Size, Growth, Key Players, Challenges, and Forecast
According to the latest report by IMARC Group, titled "Indian PCB Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the Indian PCB (Printed Circuit Board) market reached a value of US$ 2.97 Billion in 2020. Looking forward, the PCB market in India is expected to exhibit strong growth during 2021-2026. Printed circuit boards (PCBs) are electrical circuits that are used to support and mechanically connect electrical components without wires. They are non-conductive and manufactured using fiberglass, epoxy resin, copper foil bonded and other composite materials. Standard, multilayer, flexible, rigid-flex, microvia, rigid and single- and double-sided PCBs are some commonly available variants. They are widely used for the manufacturing of medical devices, industrial and consumer electronics, computers and automotive components. PCBs are reliable, easily repairable, cost-effective and compact. They also aid in preventing short circuits and produce minimal electronic noise.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Indian PCB (Printed Circuit Board) Market Trends:
The Indian printed circuit board (PCB) market is primarily being driven by the widespread product adoption in consumer electronics. PCBs are used as motherboards for smartphones, laptops, radio and smartwatches. Moreover, various advancements, such as the utilization of 3D printing and device miniaturization technologies, are providing a thrust to the market growth. They assist in the manufacturing of compact circuit boards with higher frequencies and operational capacities. Other factors, including extensive product utilization in the manufacturing of medical pacemakers, defibrillators and heart monitors, along with the increasing product demand in the automotive and defense industries, are anticipated to drive the market toward growth.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- AT&S
- Epitome Components Ltd.
- Shogini Technoarts
- Cipsa Tech India
- Nano Electrotech Pvt Ltd
- PCB Power Ltd
- Sulakshana Circuits Ltd
- Vintek Circuit India Pvt Ltd
- Hi-Q Electronics Pvt Ltd
- Meena Circuit Pvt Ltd
- India Circuit Ltd (Garg Electronics)
Breakup by Product Type:
- Rigid 1-2 Sided
- Standard Multilayer
- Flexible Circuits
- HDI/ Microvia/Build-Up
- Rigid Flex
- Others
Breakup by Application:
- Consumer Electronics
- Communication
- Industrial Electronics
- Computers
- Military & Aerospace
- Automotive
- Medical Instrumentation
- Others
Breakup by Layer:
- Single-Sided
- Double-Sided
- Multi-Layer
Breakup by Segment:
- Rigid PCBs
- Flexible PCBs
Breakup by PCB Laminate Type:
- FR-4
- Polyamide
- CEM-1
- Paper
- Others
Breakup by Manufacturing Type:
- Bare PCBs
- Populated PCBs
Breakup by Region:
- Maharashtra
- Tamil Nadu
- Karnataka
- Gujarat
- Other States
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.