TechNavio today launched its report Global PCB Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and the APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Hardware team said; ”Miniaturization of printed circuit boards (PCBs) is an emerging trend in the Global PCB market. Currently, the demand for compact and small-sized electronic devices is increasing, leading to the reduction in the size of PCBs used in these devices. PCBs are dense with many layers of interconnected wires, as they are designed to perform a wide range of functions. These miniaturized PCBs are used in most compact devices such as smartphones, tablet computers, and digital cameras. This trend is expected to grow more rapidly in the future and lead to the development of highly miniaturized PCBs.”
According to the report, the Automotive segment is one of the major target areas for the growth of the Global PCB market. PCBs in automobiles are increasing with the rising demand for electronic content in vehicles. PCBs are used for various applications in automobiles such as airbag safety systems, electronic control units, GPS navigation systems, audio and video devices, remote diagnostics, and communication systems. Along with these applications, automobile production across the globe is expected to grow rapidly in the future. Hence, all these factors are contributing to the growth of the Global PCB market.
Further, the report also discusses that the Global PCB market is facing a challenge with respect to the high cost of PCB production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/A5xup
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TechNavio Announces the Publication of its Report – Global PCB Market 2011-2015
