Double Sided Printed Circuit Board Market Report

Market Insights

What is a printed circuit board?

A printed circuit board (PCB) is defined as a laminated sandwich structure of conductive and insulating layers. Double-sided PCBs have two-sided traces with a top and bottom layer. These boards can mount conductive copper and components on both sides of the circuit board. Based on type, double-sided printed circuit boards can be categorized as glass fiber, paper, metal, ceramics, and others.

The Double Sided Printed Circuit Board market is projected to grow from USD xx billion in 2020 to USD xx billion by 2026 at a CAGR of around x% during the forecast period.

Figure: Double Sided Printed Circuit Board Market Size, 2020-2026 (USD Billion)

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Market Drivers

The growth of the double-sided printed circuit board market is driven by the increasing adoption of double-sided PCBs in various applications including automobiles, healthcare, and consumer electronics among others. The rising penetration of smartphones coupled with growing digitalization is expected to drive market growth at a significant rate. In addition to this, expanding growth of the consumer electronics industry in developing countries is likely to create lucrative opportunities for the players operating in the global market during the review period.

COVID-19 Impact on Double Sided Printed Circuit Board Market

The covid-19 outbreak posed significant challenges across verticals worldwide. Supply chain disruptions due to the imposition of lockdown affected the product availability on time and thus, affected the market growth. Additionally, a decline in the growth of the end-use industries also affected the product demand.

Segments' Analysis

Application Trends

Based on application, the market has been segmented into industrial/medical, consumer electronics, military/aerospace, and others. Among these, the consumer electronics segment accounted for the largest market share in 2020 and is expected to propel market growth at a significant rate during the review period.

Regional Trends

The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to a strong presence of automotive and electrical & electronics industries in China. Expanding industrialization in developing economies is likely to bolster market growth at a significant rate during the review period. The market growth in North America and European regions is expected to be driven by the established presence of the end-use industries.

Critical Questions Answered in the Report

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Double Sided Printed Circuit Board market. The historic years considered for the study are 2016-2019, the base year is 2020, and the forecast period is 2021-2026. Following are the critical questions answered in the report-

• What are the key trends in the Double Sided Printed Circuit Board market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Double Sided Printed Circuit Board market?
• What are the key strategies adopted by the major vendors to lead in the Double Sided Printed Circuit Board market?
• What is the market share of the top vendors?

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Key Players

Key players operating in the Double Sided Printed Circuit Board market are-

• AT&S (Austria)
• Ibiden Co., Ltd. (Japan)
• Nippon Mektron Ltd. (Japan)
• Sumitomo Electric Industries, Ltd. (Japan)
• Shinko Electric Industries Co., Ltd. (Japan)
• Unimicron Technology Corporation (Taiwan)
• Compeq Manufacturing Co. Ltd. (Taiwan)
• Olympic incorporated (Japan)
• WUS Printed Circuits Co Ltd (China)
• Ellington Electronics Technology Group (China)
• Guangdong Goworld Co., Ltd. (China)
• Fastprint (China)
• Guangdong Chaohua Technology Co.,Ltd. (China)

Target Audience

Here is the list of the group of customers that the double sided printed circuit board market hopes to have the greatest opportunity to convert-

• Double sided printed circuit board distributors
• Double sided printed circuit board suppliers
• Double sided printed circuit board manufacturers
• Logistics organizations
• Government bodies

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