-- Automotive PCB Market 2018 Global Industry Forecast to 2023 Report. Global Automotive PCB Market is poised to grow at strong CAGR by the end of 2023, according to latest Automotive PCB Industry Analysis report published by “Market Research Future” one of the leading companies in Market Research and Consulting Services. For depth analysis, Global Automotive PCB Market is segmented By Type (Single-sided, Double-sided, and Multi-layer), Autonomous Driving (Autonomous Vehicles, Conventional Vehicles, and Semi-Autonomous Vehicles), Application (ADAS, Body & Comfort, Infotainment Components, Powertrain Components, and Others), Vehicle Type (Passenger Car and Commercial Vehicle), and region.
Global Automotive PCB Market Highlights:
The widespread development of the market has motivated innovation in technology related to this market which has improved product quality and enhanced the market growth. The rise in the sales of new vehicles and launches of new product types has boosted the demand of the market considerably in the forecast period. The market is also stimulated by the surge in demand for advance driver assistance system, infotainment systems, and powertrain has escalated the growth levels in the market. High volume production of PCBs has increased the market size significantly and is thereby expected to attract investments during the forecast period.
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Automotive PCB Market Key Companies Studied in this report are CMK (Japan), Chin Poon Industrial (Taiwan), Meiko Electronics (Japan), Nippon Mektron (Japan), KCE Electronics (Thailand), TTM Technologies (U.S.), Daeduck Electronics (South Korea), Tripod Technology (Taiwan), NOK (Japan), AT&S (Austria), Unitech (India), WUS (Taiwan), Kyoden (Japan), ELNA (Japan), and Shirai (China).
The factors that are responsible for the growth of automotive PCB market are increased use of electronic components in the vehicle, innovation in the technology, increase in sales of new vehicle, and others. The increase use of electronic components such as in infotainment systems, advance driver assistance system, and powertrain in the vehicles will result in the increased use of PCBs. The increased use of electronics components in the vehicle will drive the PCB market in future. Innovation in technology such as multi-layer PCB has the ability to provide much higher component density, which will drive the market in future. The increase in sales of new vehicles will result in growing demand for electronics and electrical components in the vehicle, which will drive the market in future.
Market Segments Analysis:
The automotive PCB Market is segmented by type, autonomous driving, application, vehicle type, and region.
By type, the market is segmented into double-sided, single-sided, and multi-layer.
The autonomous driving-based segment of the market comprises of conventional vehicles, autonomous vehicles, and semi-autonomous vehicles.
The application segment of the market includes body & comfort, ADAS, powertrain components, infotainment components and others.
The vehicle Type segment of the market consists of Commercial Vehicle and Passenger Car.
On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to dominate the market during the forecast period due to increase in the production of passenger and commercial vehicles in the emerging countries such as India, China, and Japan. In Asia Pacific, there has been an increase in preference for installation of high-end technology in the vehicle. The increased preference of the customers in the vehicle, will result in growing demand for the usage of PCBs. This growing demand for PCBs, will drive the market in future.
North America is expected to be the second largest market that is expected to grow during the forecast period due to the increase in demand for high end passenger cars. The growing demand for high end passenger cars will require increased installation of PCBs in the vehicle. This will drive the market in future. Europe is expected to be the third largest market that is expected to grow during the forecast period. In Europe, there has been a growing demand for safety in the vehicles. The growing demand for safety will result in increased installation of electrical and electronic components in the vehicle. This fwill result in the growth of the market in future.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued…
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Contact Info:
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/automotive-pcb-market-5419
Release ID: 461268
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