PCB and PCBA are acronyms for printed circuit board (PCB) and printed circuit board assembly (PCBA). PCBs are physical structures used to interconnect electronic components and allow them to function as a single unit. PCBAs are the process of soldering various components into the PCB and testing it for functionality.
PCBs are used in a wide range of products, from consumer electronics to medical devices. They provide the structure for electronic circuits and provide a platform for components to be connected and interact. The printed circuit board assembly process is a critical step in the manufacture of electronic products, as it ensures the components are correctly soldered and that all connections are functioning correctly.
The global market for PCBs and PCBA is expected to grow in the coming years due to increased demand for electronic products. The growing demand for consumer electronics and the emergence of new technologies such as the Internet of Things (IoT) are expected to drive growth in the market. Additionally, advancements in PCB manufacturing technology are expected to reduce production costs and lead to increased adoption of PCBs and PCBA.
The global PCB & PCBA market was valued at US$ 72700 million in 2022 and is anticipated to reach US$ 91500 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global PCB & PCBA Market available at: https://www.themarketreports.com/report/global-pcb-pcba-market-research-report
This report aims to provide a comprehensive presentation of the global market for PCB & PCBA, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PCB & PCBA.
The major global companies of PCB & PCBA include Nippon Mektron, Unimicron, SEMCO, Young Poong Group, Ibiden, ZDT, Tripod, TTM, SEI, Daeduck Group, HannStar Board (GBM), Nanya PCB, CMK Corporation, Shinko Electric Ind, Compeq, AT&S, Kingboard, Ellington etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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