Automotive PCB Market - Forecast(2025 - 2031)

Report Code: AM 55270 Report Format: PDF + Excel

Automotive PCB Market Overview

Automotive PCB Market Size is forecast to reach $ 14260 Million by 2030, at a CAGR of 5.30% during forecast period 2024-2030. Printed circuit boards (PCBs) are the foundational building block of most modern electronic devices. PCBs consist of printed pathways which connect different components on the PCB such as transistors, resistors and integrated circuits. PCB is used in several automotive applications such as power relays, in vehicle informational, antilock brake systems, digital displays, audio systems, engine timing systems, battery control systems and many more functions. 

Printed circuit boards are used in many ways in the automotive industry and have changed the way that people drive. The need for PCBs is increasing as vehicle owners and drivers demand more accessories in vehicles. A printed circuit board which is used in car or truck must be highly reliable and long-lasting. The improving electromagnetic shielding and electronic design automation capabilities will drive the adoption of Multi layer PCBs.

Automotive PCB Market Report Coverage

The report: “Automotive PCB Industry – Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the automotive PCB Industry Outlook

By Type – Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB.
 
By Fuel Type – BEV, Hybrid, ICE and Others.
 
By Vehicle Type – Passenger Cars, Commercial Vehicles (LCV, HCV).
 
By Application – ADAS and Basic Safety, In Vehicle Infotainment Components, Powertrain Components and Others.
 
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC (China, Japan India, SK, Australia, Indonesia, Malaysia and Others), South America (Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa).

Key Takeaways

  • The demand for automotive PCBs is high in the forecast period due to growing demand for hybrid electric vehicles (HEV) and Battery electric Vehicles (BEV)
  • Printed circuit boards are used in several automotive applications like anti-lock brake systems, safety and security features, ECU systems, control engines and GPS navigation systems.
  • PCBs can be programmed to perform system essential commands irrespective of their sizes.
  • Asia-Pacific is projected to dominate the market share in the forecast period. Due to economies like China, Japan, South Korea and Taiwan is witnessing a high surge in automotive production due to availability of low labour and logistical costs.

Automotive PCB Market, By Geography, 2020

 

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Automotive PCB Market Segment Analysis - By Type

There are three types of printed circuit boards - single-sided, double-sided and multi-layer PCBs. Multi Layer PCB is projected to grow at the fastest rate from 2024-2030 at 5.30% CAGR driven by improving electromagnetic shielding and electronic design automation. Each type of PCB has various price points and uses and they are widely used in automotive applications such as in vehicle infotainment and audio systems. 

Single-sided PCB is something which comes with only one layer of conducting material on one side of the board and other side is used for incorporating different electronic components on the board. Double-sided PCBs are same as single-sided PCBs but the difference is they have two sided traces with top and bottom layer. Multi-layer PCB’s can support a high level of circuit complexity as they are made up of three or more copper layers laminated together.

Automotive PCB Market Segment Analysis - By Vehicle Type

Printed circuit boards are commonly used in vehicles these days in passenger cars and commercial vehicles. Passenger Vehicles dominate the market with a share of 67% in 2020. The main function of the PCB is to provide mechanical support and electric connection to different components of the vehicle which is helped by improving electromagnetic shielding and electronic design automation. 

One of the most common uses of printed circuit boards for vehicles deals with deployment of airbags which is necessary to prioritize safety. The circuit board is incorporated in the airbag deployment rate sensor which helps in dissipating static electricity and triggering the bag when needed. Likewise it is used in in-vehicle infotainment, GPS systems, and power converters and others.

Automotive PCB Market Segment Analysis – By Geography

Asia-Pacific is projected to dominate the market share in the forecast period with 35% share in 2020. The economies such as China, Japan, South Korea and Taiwan are witnessing a high surge in automotive production due to availability of low labor and logistical costs. Due to enhanced production capacities and the rise of digitalization together are driving the automotive PCB in this region. Additionally China and India are expected to grow much faster due frequent activities in construction, transportation and industrialization contributing to the market growth.

Automotive PCB Market Drivers 

Growing electric vehicles sales driving the market growth

The demand for electric vehicles is higher in the coming years than petrol and diesel vehicles. Unlike vehicle fuel types, battery electric vehicles have more demand due to increasing concern towards global emissions from vehicles as well as government initiatives to increase the sales of electric vehicles. As the move to electrically powered cars takes place the PCBs will play an important role in production and running of cars, buses and other electrically powered vehicles. Additionally increasing sales of electric vehicles as well as adoption of advanced driver assistance system and in vehicle infotainment technology in them are likely to drive the demand for automotive PCB market.

Automotive electronics drive growth of automotive PCB

With the continuous advancement of the automobile industry, the automobile has evolved from a complete electromagnetic shielding based mechanical device in the past to a combination of machinery and electronics. The use of electronic design automation technology in PCB manufacturing for automobiles has increased which has made comfort, safety and entertainment in automobiles more important. On the other hand proportion of automobile electronics in the manufacturing cost of the vehicle is continuously increasing which in turn demand for automotive PCB is increasing.

Automotive PCB Market Challenges

Failure in function of PCB

One of the major challenges faced by automotive PCB market globally is failure in function of PCBs. Typically, the most common causes of PCB failure happens due to incorrect placement of components, overheating due to lack of space on the PCB and more. Failure of function in PCB can even happen due to poor quality components like bad soldering to cold joints, poor-connectivity to circuit boards, insufficient board thickness and electromagnetic shielding, bending and breaking. Failure of PCB leads to malfunction of systems in automobile.

Automotive PCB Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the automotive PCB market. The automotive PCB market is dominated by major companies such Amitron, CMK, Chin Poon Industrial Co. Ltd, Daeduck Electronics, Delphi Technologies, Meiko Electronics Co. Ltd, Nippon Mektron Ltd, KCE Electronics, Samsung Electro-Mechanics, and Tripod Technology Corporation.

Acquisitions/Technology Launches/Partnerships

  • In Feb 2020, Lumax Industries extended a joint venture with Stanley Electric. The joint venture will provide a complete range of Stanley Electric products to the Indian automotive industry. Starting with production of printed circuit boards (PCBS) to core component of automotive lighting system for Lumax Company.
  • In Sep 2019, Delphi Technologies PLC partnered with Cree Incorporation, a leader in silicon carbide semiconductors to utilize silicon carbide semiconductor device technology to enable faster, smaller, lighter and more powerful electronic systems for future electric vehicles.

Key Market Players:

The Top 5 companies in the Automotive PCB Market are:

  1. Nippon Mektron, Ltd
  2. Samsung Electro-Mechanics Co., Ltd
  3. LG Innotek
  4. Meiko Electronics Co. Ltd
  5. KCE Electronics

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1. Automotive PCB Market Overview
    1.1 Definitions and Scope
2. Automotive PCB Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Application
    2.3 Key trends segmented by Geography
3. Automotive PCB Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Automotive PCB Market – Industry Market Entry Scenario Premium
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. Automotive PCB Market – Startup Company Scenario 
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. Automotive PCB Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Automotive PCB Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
8. Automotive PCB Market – By Type (Market Size -$Million/Billion)
    8.1 Single Sided PCB
    8.2 Double Sided PCB
    8.3 Multi Sided PCB
9. Automotive PCB Market – By Fuel Type (Market Size -$Million/Billion)
    9.1 EVs
    9.2 HEVs
    9.3 ICE Vehicles
    9.4 Others
10. Automotive PCB Market – By Application (Market Size -$Million/Billion)
    10.1 ADAS and Safety
    10.2 In Vehicle Infotainment Components
    10.3 Powertrain Components
    10.4 Others
11. Automotive PCB Market – By Vehicle Type (Market Size -$Million/Billion)
    11.1 Passenger Vehicles
    11.2 Commercial Vehicles
        11.2.1 LCVs
        11.2.2 HCVs
12. Automotive PCB Market - By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Netherlands
        12.2.8 Others
    12.3 APAC
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia
        12.3.6 Indonesia
        12.3.7 Malaysia
        12.3.8 Others
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Others
    12.5 RoW
        12.5.1 Middle East
        12.5.2 Africa
13. Automotive PCB Market - Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Automotive PCB Market – Industry Competitive Landscape 
    14.1 Market Share – Global
    14.2 Market Share by Region
    14.3 Market Share By End Use Industry
15. Automotive PCB Market – Key Company List by Country Premium 
16. Automotive PCB Market - Company Analysis
    16.1 Nippon Mektron, Ltd
    16.2 Samsung Electro-Mechanics Co., Ltd
    16.3 LG Innotek
    16.4 Meiko Electronics Co. Ltd
    16.5 KCE Electronics

LIST OF TABLES

1.Global Automotive PCB Market By Type Market 2023-2030 ($M)
1.1 Double-Sided PCB Market 2023-2030 ($M) - Global Industry Research
1.2 Multi-Layer PCB Market 2023-2030 ($M) - Global Industry Research
1.3 Single-Sided PCB Market 2023-2030 ($M) - Global Industry Research
2.Global Automotive PCB Market By Fuel Type Market 2023-2030 ($M)
2.1 Ice Vehicles Market 2023-2030 ($M) - Global Industry Research
3.Global Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 ($M)
3.1 Autonomous Vehicles Market 2023-2030 ($M) - Global Industry Research
3.2 Conventional Vehicles Market 2023-2030 ($M) - Global Industry Research
3.3 Semi-Autonomous Vehicles Market 2023-2030 ($M) - Global Industry Research
3.3.1 UK Market 2023-2030 ($M)
3.3.2 US Market 2023-2030 ($M)
4.Global Automotive PCB Market By End User & Region Market 2023-2030 ($M)
5.Global Automotive PCB Market By Type Market 2023-2030 (Volume/Units)
5.1 Double-Sided PCB Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Multi-Layer PCB Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Single-Sided PCB Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Automotive PCB Market By Fuel Type Market 2023-2030 (Volume/Units)
6.1 Ice Vehicles Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 (Volume/Units)
7.1 Autonomous Vehicles Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Conventional Vehicles Market 2023-2030 (Volume/Units) - Global Industry Research
7.3 Semi-Autonomous Vehicles Market 2023-2030 (Volume/Units) - Global Industry Research
7.3.1 UK Market 2023-2030 (Volume/Units)
7.3.2 US Market 2023-2030 (Volume/Units)
8.Global Automotive PCB Market By End User & Region Market 2023-2030 (Volume/Units)
9.North America Automotive PCB Market By Type Market 2023-2030 ($M)
9.1 Double-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
9.2 Multi-Layer PCB Market 2023-2030 ($M) - Regional Industry Research
9.3 Single-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
10.North America Automotive PCB Market By Fuel Type Market 2023-2030 ($M)
10.1 Ice Vehicles Market 2023-2030 ($M) - Regional Industry Research
11.North America Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 ($M)
11.1 Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
11.2 Conventional Vehicles Market 2023-2030 ($M) - Regional Industry Research
11.3 Semi-Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
11.3.1 UK Market 2023-2030 ($M)
11.3.2 US Market 2023-2030 ($M)
12.North America Automotive PCB Market By End User & Region Market 2023-2030 ($M)
13.South America Automotive PCB Market By Type Market 2023-2030 ($M)
13.1 Double-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
13.2 Multi-Layer PCB Market 2023-2030 ($M) - Regional Industry Research
13.3 Single-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
14.South America Automotive PCB Market By Fuel Type Market 2023-2030 ($M)
14.1 Ice Vehicles Market 2023-2030 ($M) - Regional Industry Research
15.South America Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 ($M)
15.1 Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
15.2 Conventional Vehicles Market 2023-2030 ($M) - Regional Industry Research
15.3 Semi-Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
15.3.1 UK Market 2023-2030 ($M)
15.3.2 US Market 2023-2030 ($M)
16.South America Automotive PCB Market By End User & Region Market 2023-2030 ($M)
17.Europe Automotive PCB Market By Type Market 2023-2030 ($M)
17.1 Double-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
17.2 Multi-Layer PCB Market 2023-2030 ($M) - Regional Industry Research
17.3 Single-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
18.Europe Automotive PCB Market By Fuel Type Market 2023-2030 ($M)
18.1 Ice Vehicles Market 2023-2030 ($M) - Regional Industry Research
19.Europe Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 ($M)
19.1 Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
19.2 Conventional Vehicles Market 2023-2030 ($M) - Regional Industry Research
19.3 Semi-Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
19.3.1 UK Market 2023-2030 ($M)
19.3.2 US Market 2023-2030 ($M)
20.Europe Automotive PCB Market By End User & Region Market 2023-2030 ($M)
21.APAC Automotive PCB Market By Type Market 2023-2030 ($M)
21.1 Double-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
21.2 Multi-Layer PCB Market 2023-2030 ($M) - Regional Industry Research
21.3 Single-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
22.APAC Automotive PCB Market By Fuel Type Market 2023-2030 ($M)
22.1 Ice Vehicles Market 2023-2030 ($M) - Regional Industry Research
23.APAC Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 ($M)
23.1 Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
23.2 Conventional Vehicles Market 2023-2030 ($M) - Regional Industry Research
23.3 Semi-Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
23.3.1 UK Market 2023-2030 ($M)
23.3.2 US Market 2023-2030 ($M)
24.APAC Automotive PCB Market By End User & Region Market 2023-2030 ($M)
25.MENA Automotive PCB Market By Type Market 2023-2030 ($M)
25.1 Double-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
25.2 Multi-Layer PCB Market 2023-2030 ($M) - Regional Industry Research
25.3 Single-Sided PCB Market 2023-2030 ($M) - Regional Industry Research
26.MENA Automotive PCB Market By Fuel Type Market 2023-2030 ($M)
26.1 Ice Vehicles Market 2023-2030 ($M) - Regional Industry Research
27.MENA Automotive PCB Market By Level of Autonomous Driving Market 2023-2030 ($M)
27.1 Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
27.2 Conventional Vehicles Market 2023-2030 ($M) - Regional Industry Research
27.3 Semi-Autonomous Vehicles Market 2023-2030 ($M) - Regional Industry Research
27.3.1 UK Market 2023-2030 ($M)
27.3.2 US Market 2023-2030 ($M)
28.MENA Automotive PCB Market By End User & Region Market 2023-2030 ($M)

LIST OF FIGURES

1.US Automotive Pcb Market Revenue, 2023-2030 ($M)
2.Canada Automotive Pcb Market Revenue, 2023-2030 ($M)
3.Mexico Automotive Pcb Market Revenue, 2023-2030 ($M)
4.Brazil Automotive Pcb Market Revenue, 2023-2030 ($M)
5.Argentina Automotive Pcb Market Revenue, 2023-2030 ($M)
6.Peru Automotive Pcb Market Revenue, 2023-2030 ($M)
7.Colombia Automotive Pcb Market Revenue, 2023-2030 ($M)
8.Chile Automotive Pcb Market Revenue, 2023-2030 ($M)
9.Rest of South America Automotive Pcb Market Revenue, 2023-2030 ($M)
10.UK Automotive Pcb Market Revenue, 2023-2030 ($M)
11.Germany Automotive Pcb Market Revenue, 2023-2030 ($M)
12.France Automotive Pcb Market Revenue, 2023-2030 ($M)
13.Italy Automotive Pcb Market Revenue, 2023-2030 ($M)
14.Spain Automotive Pcb Market Revenue, 2023-2030 ($M)
15.Rest of Europe Automotive Pcb Market Revenue, 2023-2030 ($M)
16.China Automotive Pcb Market Revenue, 2023-2030 ($M)
17.India Automotive Pcb Market Revenue, 2023-2030 ($M)
18.Japan Automotive Pcb Market Revenue, 2023-2030 ($M)
19.South Korea Automotive Pcb Market Revenue, 2023-2030 ($M)
20.South Africa Automotive Pcb Market Revenue, 2023-2030 ($M)
21.North America Automotive Pcb By Application
22.South America Automotive Pcb By Application
23.Europe Automotive Pcb By Application
24.APAC Automotive Pcb By Application
25.MENA Automotive Pcb By Application
26.Delphi, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Samsung Electro-Mechanics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.CMK, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Unimicron Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Meiko Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Chin Poon Industrial, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.KCE Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Daeduck Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Tripod Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nippon Mektron, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Amitron, Sales /Revenue, 2015-2018 ($Mn/$Bn)