Business Industry Technology

Global HDI PCB Market Expected to Reach $22,258.8 Million by 2025

Press Release

According to a recent report published by Allied Market Research, titled,HDI PCB Market by End-User and Application: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global HDI PCBs market was valued at $9,491.0 million in 2017 and is projected to reach $22,258.8 million by 2025, growing at a CAGR of 11.1% from 2018 to 2025.

In 2017, in terms of revenue, consumer electronics segment dominated the global HDI PCB market in the end-user category. By application, the smartphone & tablet segment is anticipated to dominate the market throughout the forecast period. The key players are adopting new techniques to provide advanced technologies to the customers.

At present, Asia-Pacific dominates the market, followed by Europe. In 2017, China dominated the Asia-Pacific market and Germany led the overall market in Europe. While, in North America, the US dominates the current market.

HDI PCB Market

The factors such as miniaturization of size and lower weight, high efficiency, and growing sales of consumer electronics are expected to drive the global HDI PCB market. However, high construction cost impedes the growth of the global market. In the near future, increasing utilization of HDI technology in automobiles is expected to provide lucrative opportunities for the growth of the global HDI PCB market.

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According to Prasad Kakade, Lead Analyst at Allied Market Research, In 2017, in terms of revenue, consumer electronics segment dominated the global HDI PCB market in the end-user category. By application, the smartphone & tablet segment is anticipated to dominate the market throughout the forecast period. The key players are adopting new techniques to provide advanced technologies to the customers.

Analyst Review:

The global HDI PCB market has been growing at a steady growth rate. The factors such as improved accuracy, efficiency, and speed of operations are expected to drive the market growth during the forecast period. In addition, the industrial electronics and automotive end-user segments are expected to grow at the fastest CAGR during the forecast period.

The factors that drive the global HDI PCB market include miniaturization of size and lower weight, high efficiency, and growing sales of consumer electronics. However, high construction cost is expected to impede the market growth. In the near future, increasing utilization of HDI technology in automobiles is expected to provide lucrative opportunities for the growth of the global market.

The global HDI PCB market was valued at $9,491.0 million in 2017 and is projected to reach $22,258.8 million by 2025, registering a CAGR of 11.1% from 2018 to 2025. Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period. However, LAMEA is anticipated to exhibit the highest CAGR during the forecast period, providing lucrative growth opportunities for the global HDI PCB market. The market participants continue to introduce cutting-edge technologies to remain competitive in the market and acquisition & expansion are the prominent strategies adopted by them.

The key market players analyzed in this report include Compeq Manufacturing Co. Ltd., TTM Technologies, Unimicron Printed Circuit Board Corp., AT&S, Ibiden Group, SEMCO, Unitech PCB, Tripod Technology Corp., DAP Corporation, and Meiko.

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