Market by Raw Material (Epoxy Resin, Glass Fabric, Phenolic Resin, Kraft Paper, Other Raw Materials) Substrate (Standard Multilayer, Flexible Circuits, High-Density Interconnect (HDI), Integrated Circuit (IC), Rigid 1-2 Sided, Rigid Flex) Application (Communications, Consumer Electronics, Industrial Electronics, Automotive, Military, Other Applications) Country Outlook | Forecast 2024-2032
According to Triton’s analysis, the Europe printed circuit board market is projected to rise at a CAGR of 4.89% in revenue over the forecast years 2024-2032.
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The printed circuit board (PCB) market in Europe has evolved significantly over the past decade with the introduction of multilayer and hybrid PCBs, driven by the increasing use of consumer electronics. Europe hosts over 350+ PCB manufacturers, and the rise in smartphones, tablets, and other devices has fueled market growth. PCBs are essential in various industries, including automotive, defense, medical, and marine. They are used in applications like power supplies, radar monitoring, heart monitors, and marine navigation, highlighting their critical role across multiple sectors.
The countries explored in this region include:
The United Kingdom secures a major market share with revenue of approximately $1.10 billion in 2023.
The printed circuit board market in the United Kingdom is steadily diversifying within the European region, driven by the growth of the electronics and IT sectors. In 2022, the UK tech industry reflected its resilience by achieving a combined market value of $1 trillion.
Recently, HMGCC Co-Creation launched a five-month funded project seeking applications from companies and academia to develop robust assurance methods for PCB production. This pilot initiative aims to address national security challenges by finding innovative ways to ensure printed circuit boards perform reliably when and where needed.
Such initiatives are likely to boost the demand for the printed circuit board market in the UK, enhancing reliability and attracting further investment in the coming years.
Printed Circuit Board Market Forecast for Germany
Germany’s printed circuit board market is growing, driven by the presence of major automotive multinationals like BMW, Audi, Volkswagen, Porsche, and Mercedes, which incorporate advanced technology systems. Additionally, upgrades in defense arms, weapons, and security monitoring systems are key factors boosting the market. In this regard, Thales Group recently extended its circuit board production capabilities at the Industrial Competence Center, driven by rising demand from rail systems across Germany and the European region.
The printed circuit board market is segmented based on substrate, raw material, and application. The substrate segment comprises standard multilayer, flexible circuits, high-density interconnect (HDI), Integrated Circuit (IC), rigid 1-2 sided, and rigid flex. Multilayer printed circuit boards are primarily used in automotive applications such as sensors, ABS, and central systems. Multilayer PCBs ensure power and signal integrity; however, challenges with capacitance, parasitic resistances, and inductance can impact power and signal strength.
Contender Analysis in the Printed Circuit Board Market:
Epitome Components Ltd is a privately held organization incorporated in 1994. The company is involved in single-side PCB production by 1996. The company focuses on continuous improvement in processes and technologies and has been involved in a joint venture with a UK-based ‘Trackwise’ in the manufacturing of RF PCBs since 2007. The company is among the major suppliers of PCBs leading companies, including Videocon, LG, Nokia, Halonix, Phillips, Surya, Flextronics, Bharti Telecom and others. It is headquartered in Maharashtra, India.
Epitome also launched a cutting-edge Vertical Continuous Plating (VCP) line, a next-generation electroplating technology in PCB manufacturing. This system features PLC-based automatic operation, automatic chemical dosing, and integrated alarm functions.
Other contenders in the studied market are Nippon Mektron Ltd, Nan Ya PCB Corporation, OKI Printed Circuits Co Ltd, Samsung Electronics Co Ltd, Shennan Circuits Co Ltd, Tripod Technology Corporation, etc.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the printed circuit board market revenue growth in Europe and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Europe printed circuit board market’s growth during the upcoming years
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Market by Technology (Data ana ..
VIEW REPORT1. EUROPE
PRINTED CIRCUIT BOARD MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE PRINTED CIRCUIT BOARD MARKET
2.1.1. COVID-19
IMPACT ON THE PRINTED CIRCUIT BOARD MARKET
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. SUPPLY
CHAIN ANALYSIS
2.3.1. INDUSTRY
COMPONENTS
2.3.2. RESIN
& FIBER SUPPLIERS
2.3.3. LAMINATORS
& MANUFACTURERS
2.3.4. DISTRIBUTORS
AND RETAILERS
2.3.5. END-USERS
2.4. KEY
BUYING IMPACT ANALYSIS
2.4.1. APPLICATION
2.4.2. RELIABILITY
2.4.3. COST
2.5. KEY
MARKET STRATEGIES
2.5.1. PRODUCT
LAUNCHES
2.5.2. ACQUISITIONS
2.5.3. BUSINESS
DIVESTITURES & EXPANSIONS
2.6. MARKET
DRIVERS
2.6.1. INCREASING
DEMAND FOR SMART ELECTRONICS
2.6.2. EXPANDING
APPLICATIONS OF SEMICONDUCTORS
2.6.3. GROWING
UTILIZATION OF ELECTRONICS ACROSS VARIOUS SECTORS
2.6.4. SURGE
IN INTERNET USAGE
2.7. MARKET
CHALLENGES
2.7.1. COMPETITIVE
PRESSURES RESULTING IN PRICE DECLINES
2.7.2. FLUCTUATIONS
IN RAW MATERIAL COSTS
2.7.3. REGULATORY
FRAMEWORKS ADDRESSING E-WASTE MANAGEMENT
2.8. MARKET
OPPORTUNITIES
2.8.1. GROWTH
OPPORTUNITIES PRESENTED BY IOT-ENABLED INTERCONNECTED DEVICES
2.8.2. ESCALATING
DEMAND IN EMERGING MARKETS
2.9. ANALYST
PERSPECTIVE
3. EUROPE
PRINTED CIRCUIT BOARD MARKET – BY RAW MATERIAL
3.1. EPOXY
RESIN
3.2. GLASS
FABRIC
3.3. PHENOLIC
RESIN
3.4. KRAFT
PAPER
3.5. OTHER
RAW MATERIALS
4. EUROPE
PRINTED CIRCUIT BOARD MARKET – BY SUBSTRATE
4.1. STANDARD
MULTILAYER
4.2. FLEXIBLE
CIRCUITS
4.3. HIGH-DENSITY
INTERCONNECT (HDI)
4.4. INTEGRATED
CIRCUIT (IC)
4.5. RIGID
1-2 SIDED
4.6. RIGID
FLEX
5. EUROPE
PRINTED CIRCUIT BOARD MARKET – BY APPLICATION
5.1. COMMUNICATIONS
5.2. CONSUMER
ELECTRONICS
5.3. INDUSTRIAL
ELECTRONICS
5.4. AUTOMOTIVE
5.5. MILITARY
5.6. OTHER APPLICATIONS
6. EUROPE
PRINTED CIRCUIT BOARD MARKET – BY COUNTRY OUTLOOK
6.1. EUROPE
6.1.1. COUNTRY
ANALYSIS
6.1.1.1. UNITED
KINGDOM
6.1.1.1.1. UNITED
KINGDOM PRINTED CIRCUIT BOARD MARKET FORECAST & PROSPECTS
6.1.1.2. GERMANY
6.1.1.2.1. GERMANY
PRINTED CIRCUIT BOARD MARKET FORECAST & PROSPECTS
6.1.1.3. FRANCE
6.1.1.3.1. FRANCE
PRINTED CIRCUIT BOARD MARKET FORECAST & PROSPECTS
6.1.1.4. SPAIN
6.1.1.4.1. SPAIN
PRINTED CIRCUIT BOARD MARKET FORECAST & PROSPECTS
6.1.1.5. ITALY
6.1.1.5.1. ITALY
PRINTED CIRCUIT BOARD MARKET FORECAST & PROSPECTS
6.1.1.6. REST
OF EUROPE
6.1.1.6.1. REST
OF EUROPE PRINTED CIRCUIT BOARD MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. AT&S
(AUSTRIA TECHNOLOGIE & SYSTEMTECHNIK AKTIENGESELLSCHAFT)
7.1.1. OVERVIEW
7.1.2. PRODUCT
PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGES
7.2. ASCENT
CIRCUIT PVT LTD
7.2.1. OVERVIEW
7.2.2. PRODUCT
PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGES
7.3. DAEDUCK
ELECTRONICS
7.3.1. OVERVIEW
7.3.2. PRODUCT
PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGES
7.4. COMPEQ
MANUFACTURING CO LTD
7.4.1. OVERVIEW
7.4.2. PRODUCT
PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. EPITOME
COMPONENTS LTD
7.5.1. OVERVIEW
7.5.2. PRODUCT
PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. IBIDEN
INC
7.6.1. OVERVIEW
7.6.2. PRODUCT
PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGES
7.7. HANNSTAR
BOARD CORPORATION
7.7.1. OVERVIEW
7.7.2. PRODUCT
PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY
CHALLENGES
7.8. ISU
PETASYS
7.8.1. OVERVIEW
7.8.2. PRODUCT
PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGES
7.9. NIPPON
MEKTRON LTD
7.9.1. OVERVIEW
7.9.2. PRODUCT
PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. NAN YA
PCB CORPORATION
7.10.1. OVERVIEW
7.10.2. PRODUCT
PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGES
7.11. OKI
PRINTED CIRCUITS CO LTD
7.11.1. OVERVIEW
7.11.2. PRODUCT
PORTFOLIO
7.11.3. KEY
STRENGTHS
7.11.4. KEY
CHALLENGES
7.12. SAMSUNG
ELECTRONICS CO LTD
7.12.1. OVERVIEW
7.12.2. PRODUCT
PORTFOLIO
7.12.3. KEY
STRENGTHS
7.12.4. KEY
CHALLENGES
7.13. SHENNAN
CIRCUITS CO LTD
7.13.1. OVERVIEW
7.13.2. PRODUCT
PORTFOLIO
7.13.3. KEY
STRENGTHS
7.13.4. KEY
CHALLENGES
7.14. TRIPOD
TECHNOLOGY CORPORATION
7.14.1. OVERVIEW
7.14.2. PRODUCT
PORTFOLIO
7.14.3. KEY
STRENGTHS
7.14.4. KEY
CHALLENGES
7.15. UNIMICRON
TECHNOLOGY CORPORATION
7.15.1. OVERVIEW
7.15.2. PRODUCT
PORTFOLIO
7.15.3. KEY
STRENGTHS
7.15.4. KEY
CHALLENGES
7.16. TTM
TECHNOLOGIES INC
7.16.1. OVERVIEW
7.16.2. PRODUCT
PORTFOLIO
7.16.3. KEY
STRENGTHS
7.16.4. KEY
CHALLENGES
7.17. ZHEN
DING TECHNOLOGY HOLDING LTD
7.17.1. OVERVIEW
7.17.2. PRODUCT
PORTFOLIO
7.17.3. KEY
STRENGTHS
7.17.4. KEY
CHALLENGES
7.18. YOUNG
POONG ELECTRONICS CO LTD
7.18.1. OVERVIEW
7.18.2. PRODUCT
PORTFOLIO
7.18.3. KEY
STRENGTHS
7.18.4. KEY
CHALLENGES
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
TABLE 2: LIST OF PRODUCT
LAUNCHES
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF BUSINESS DIVESTITURES
& EXPANSIONS
TABLE 5: EUROPE PRINTED CIRCUIT
BOARD MARKET, BY RAW MATERIAL, 2024-2032 (IN $ BILLION)
TABLE 6: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY SUBSTRATE, 2024-2032 (IN $ BILLION)
TABLE 7: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY APPLICATION, 2024-2032 (IN $ BILLION)
TABLE 8: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ BILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: SUPPLY CHAIN
ANALYSIS
FIGURE 3: KEY BUYING IMPACT
ANALYSIS
FIGURE 4: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY RAW MATERIAL, 2023 & 2032 (IN %)
FIGURE 5: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY EPOXY RESIN, 2024-2032 (IN $ BILLION)
FIGURE 6: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY GLASS FABRIC, 2024-2032 (IN $ BILLION)
FIGURE 7: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY PHENOLIC RESIN, 2024-2032 (IN $ BILLION)
FIGURE 8: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY KRAFT PAPER, 2024-2032 (IN $ BILLION)
FIGURE 9: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY OTHER RAW MATERIALS, 2024-2032 (IN $ BILLION)
FIGURE 10: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY SUBSTRATE, 2023 & 2032 (IN %)
FIGURE 11: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY STANDARD MULTILAYER, 2024-2032 (IN $ BILLION)
FIGURE 12: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY FLEXIBLE CIRCUITS, 2024-2032 (IN $ BILLION)
FIGURE 13: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY HIGH-DENSITY INTERCONNECT (HDI), 2024-2032 (IN $
BILLION)
FIGURE 14: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY INTEGRATED CIRCUIT (IC’S), 2024-2032 (IN $ BILLION)
FIGURE 15: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY RIGID 1-2 SIDED, 2024-2032 (IN $ BILLION)
FIGURE 16: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY RIGID FLEX, 2024-2032 (IN $ BILLION)
FIGURE 17: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY APPLICATION, 2023 & 2032 (IN %)
FIGURE 18: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY COMMUNICATIONS, 2024-2032 (IN $ BILLION)
FIGURE 19: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY CONSUMER ELECTRONICS, 2024-2032 (IN $ BILLION)
FIGURE 20: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY INDUSTRIAL ELECTRONICS, 2024-2032 (IN $ BILLION)
FIGURE 21: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY INTEGRATED CIRCUIT (IC’S), 2024-2032 (IN $ BILLION)
FIGURE 22: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY AUTOMOTIVE, 2024-2032 (IN $ BILLION)
FIGURE 23: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY MILITARY, 2024-2032 (IN $ BILLION)
FIGURE 24: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ BILLION)
FIGURE 25: EUROPE PRINTED
CIRCUIT BOARD MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 26: UNITED KINGDOM
PRINTED CIRCUIT BOARD MARKET 2024-2032 (IN $ BILLION)
FIGURE 27: GERMANY PRINTED
CIRCUIT BOARD MARKET 2024-2032 (IN $ BILLION)
FIGURE 28: FRANCE PRINTED CIRCUIT
BOARD MARKET 2024-2032 (IN $ BILLION)
FIGURE 29: ITALY PRINTED
CIRCUIT BOARD MARKET 2024-2032 (IN $ BILLION)
FIGURE 30: SPAIN PRINTED
CIRCUIT BOARD MARKET 2024-2032 (IN $ BILLION)
FIGURE 31: REST OF EUROPE
PRINTED CIRCUIT BOARD MARKET 2024-2032 (IN $ BILLION)