Indian Printed Circuit Board (PCB) Market Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com

December 20, 2018

DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “Indian Printed Circuit Board (PCB) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The Printed Circuit Board (PCB) market in India was worth US$ 2.02 Billion in 2017.

PCBs are installed in various electronic products, ranging from consumer gadgets, such as PCs, tablets, smartphones and gaming consoles, to industrial and high-tech products. Over the past few years, the demand for PCBs in India has witnessed a steady rise on account of increasing investment in digitization and favorable government initiatives.

Looking forward, this market is projected to cross US$ 5.35 Billion by 2023, exhibiting a CAGR of 17.7% during 2018-2023.

Breakup by Product Type:

On the basis of product type, rigid 1-2-sided PCBs represents the most popular type. Other major product types include standard multilayer, flexible circuits, HDI/microvia/ build-up and rigid-flex PCBs.

Breakup by Application:

Based on the application, the market has been segmented into communication, consumer electronics, industrial electronics, automotive, computers, military and aerospace, medical devices, and others. Consumer electronics currently represent the largest application segment for PCBs.

Breakup by Layer:

The market has been further segmented on the basis of layers into single-sided, double-sided and multi-layer PCBs. Single-sided PCBs currently account for the majority of the total market.

Breakup by PCB Laminate Type:

Based on the PCB laminate type, the report finds that FR-4 is the leading segment, holding the largest share. Other types include polyimide, CEM1, paper and others.

Breakup by Manufacturing Type:

Based on the manufacturing type, bare PCBs dominate the market, holding the largest share. Bare PCBs are followed by populated PCBs.

Competitive Landscape:

The market consists of numerous small and large manufacturers. Some of the leading players operating in the market are:

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

For more information about this report visit https://www.researchandmarkets.com/research/3lk6l2/indian_printed?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181220005229/en/

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Related Topics:Printed Electronics



SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/20/2018 04:09 AM/DISC: 12/20/2018 04:10 AM


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