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Printed Circuit Board Market Expected To Reach $72.6 Billion by 2022

For the global printed circuit board industry, the overall market is trending upward.

According to the management consulting and market research firm Lucintel, the global printed circuit board market is expected to reach an estimated $72.6 billion by 2022 and grow 3.2% per year from 2017 to 2022.

Read the full printed curcuit board market report here: http://www.lucintel.com/press/printed-circuit-board-market.aspx

Market prospects are ripe in the communication, computer/peripheral, and automotive industries. The undercurrent of demand for this growth is a steady demand for smartphones and tablets, along with growing automation in industries such as automotive , aerospace and defense. Miniaturization of printed circuit boards (PCB) is one key contributing factor to this growth.  Make it smaller but insure its top performance.

PCB manufacturers poised to meet the challenges and demand for these growth segments as well as the environmental challenges are in good stead in an industry that always welcomes a catalyst of growth.

     

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