PCB industry is one of the fastest growing industries in USA because most of the modern day electronics is PCB-driven. Based on the Q4 2016 trends, the sales of PCB in the North America has increased. This post offers some interesting insights into the world of PCB industry by analyzing the growth trends, future prospects, and forecast report.
Product based analysis of PCB market
- 1-2 sided
- 4-6 low
- 8-16 mid
- 18+ high
- Microvia (HDI)
According to various market analysis reports, there is a high demand for 4-6 layer PCB types
. This is due to their increasing use in devices like resistors, embedded capacitors and transistors. Also, with the advent in technology new PCB’s such as RoHS / lead free PCB’s have come up in the market changing the face of electronics device market. The PCB market is expected to grow with the CAGR (Compound Annual Growth Rate) of 4% against the last Q4 2016, trend which witnessed severe downside. Some frequent PCB products ruling the electronics market are:
Application based analysis of PCB market
When it comes to the largest revenue contributor for the PCB industry, the networking and communication sector leads by contributing a 30% surge in the PCB revenues. In addition, the aerospace and defense industries have also started utilizing PCB technologies. Here is the list of PCB market positioning in terms of applications.
- Consumer Electronics
- Industrial Electronics
Latest Market Research and Trends
According to the “Global PCB Industry Report”, PCB market was evaluated at over $3.4 billion in the Q4 2016, with the industry prediction suggesting a 10 percent growth in 2017. North American continent comprises 5% of overall $60 billion global PCB market. This market research report focuses on the key statistics and in depth study of the PCB industries within the North American region. Some key points enlisted in the report are:
- Offshoring Impact: Due to the migration of various electronics industries and manufacturing units to third world countries, there has been a huge downslide in the North American PCB industry. This has led to a shrinkage in the PCB manufacturing facilities in the American continent.
- Revival of PCB market: Many industries like communications, defense, and industrial electronics industries are still relying on the PCB industry. The PCB industry still remains the tactical driver for many sophisticated automation and process control equipment. With the resurgence of the oil and gas industry, which depends on PCB driven equipment, the PCB industry is already enjoying a revival in the North American region.
If you are looking for PCB for your application, you need to consider a supplier with a long industry experience like Accelerated Assemblies is one such reputed manufacturer and supplier of PCB in the US. The company has consistently provided their customers with high quality circuit boards that rank in terms of speed and performance.