Automotive PCB Sales

Automotive PCB Sales Market Outlook

The global Automotive PCB (Printed Circuit Board) market is expected to reach approximately USD 30 billion by 2035, growing at a compound annual growth rate (CAGR) of around 6.5% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for advanced electronic components in automobiles, which are essential for enhancing safety features, improving performance, and providing infotainment solutions. Furthermore, the rise of electric vehicles (EVs) and hybrid vehicles is significantly boosting the demand for automotive PCBs, as these vehicles require sophisticated electronic architecture to manage their operations efficiently. The trend towards connectivity and the Internet of Things (IoT) in vehicles is also leading to an uptick in the production of PCBs that can support various applications such as Advanced Driver Assistance Systems (ADAS) and infotainment systems. As automotive manufacturers increasingly embrace smart technology, the need for reliable and high-performance PCBs becomes ever more critical.

Growth Factor of the Market

Several factors contribute to the growth of the Automotive PCB market, with one primary driver being the ongoing evolution of automotive technology. As vehicles become more sophisticated, integrating multiple electronic systems for navigation, safety, and entertainment, the demand for robust PCBs that can handle these advanced functionalities increases significantly. Additionally, the shift towards electric vehicles and autonomous driving technology is propelling the necessity for more complex circuit designs that are both lightweight and flexible, optimizing space and weight within the vehicle. Moreover, the increasing regulatory standards for vehicle safety and efficiency compel manufacturers to invest in high-quality PCBs that meet stringent quality and performance benchmarks. The rising trend of smart automotive technology, which relies heavily on electronic interfaces for connectivity, further influences the market positively. Lastly, geographic expansion of automotive manufacturing in emerging markets presents lucrative opportunities for PCB manufacturers to supply components for a growing number of vehicles.

Key Highlights of the Market

• The global Automotive PCB market is projected to reach USD 30 billion by 2035.
• Significant growth is fueled by the rise of electric and hybrid vehicles.
• Advanced Driver Assistance Systems (ADAS) are becoming a vital application for PCBs.
• Technological advancements in automotive electronics are enhancing PCB complexity.
• Emerging markets are providing new opportunities for automotive PCB manufacturers.

By Type

Single-sided PCB:

Single-sided PCBs, which consist of a single layer of substrate material with electronic components mounted on one side, are widely used in automotive applications due to their simplicity and cost-effectiveness. They are primarily utilized in low-density circuits where minimal components are needed, making them suitable for basic automotive functions such as lights and simpler electronic systems. Their ease of manufacturing and assembly contributes to their popularity, especially in applications where space and weight are at a premium. The relatively lower production costs compared to more complex PCBs also make single-sided PCBs an attractive option for manufacturers looking to optimize their budgets while meeting the electronic needs of vehicles.

Double-sided PCB:

Double-sided PCBs feature conductive pathways on both sides of the substrate, allowing for a more complex arrangement of components compared to single-sided configurations. This design enables the integration of a higher density of electronic components, which is essential for automotive applications that require more sophisticated functionalities. These PCBs are increasingly used in safety systems and infotainment systems, where multiple components need to be interconnected efficiently. The flexibility and enhanced performance capabilities of double-sided PCBs make them a preferred choice in modern automotive designs, particularly as vehicles incorporate more integrated electronic features that enhance user experience and safety.

Multi-layer PCB:

Multi-layer PCBs consist of three or more layers of substrate and are designed to accommodate a large number of electronic components in a compact space. These PCBs are highly regarded in the automotive industry for their ability to support advanced technologies such as ADAS, power management systems, and high-speed data processing. Their sophisticated construction allows for greater design complexity and the reduced electromagnetic interference (EMI) that often challenges automotive electronics. Multi-layer PCBs are essential for enabling connectivity features in modern vehicles, making them increasingly important as manufacturers strive to meet the demands for smarter and more efficient automotive electronics.

Rigid PCB:

Rigid PCBs are characterized by their solid base material, which provides structural integrity and durability in automotive applications. These boards are typically used in environments where high reliability is required, such as in control units for powertrains and safety systems. The robustness of rigid PCBs makes them ideal for applications that experience mechanical stress, vibration, and temperature fluctuations commonly found in automotive settings. Their widespread use in various vehicle systems underlines their importance in ensuring the overall performance and safety of vehicles, making them a staple in automotive electronics.

Flexible PCB:

Flexible PCBs are unique in their ability to bend and twist, making them suitable for complex designs where space constraints are an issue. These boards are increasingly used in automotive applications that require lightweight and compact designs, such as in advanced infotainment systems and sensor technologies. The adaptability of flexible PCBs allows for innovative designs that can fit into unconventional spaces, contributing to the overall aesthetics and functionality of the vehicle. As the automotive industry continues to innovate with new technologies, the demand for flexible PCBs is poised to grow, driven by their potential to enhance design versatility and efficiency.

By Application

Powertrain:

The powertrain application segment of the automotive PCB market is critical as it encompasses the electronic systems responsible for delivering power from the engine to the wheels. PCBs used in this application must be designed to withstand harsh operational conditions, including high temperatures and vibrations, while ensuring reliability and performance. These PCBs are integral to managing engine control units (ECUs), which regulate various aspects of engine performance, fuel efficiency, and emissions control. With the automotive industry increasingly focusing on improving fuel efficiency and reducing emissions, the role of powertrain PCBs is becoming more vital, leading to innovations in design and functionality that align with these objectives.

Infotainment System:

Infotainment systems in vehicles combine entertainment, information, and connectivity features, and they rely heavily on advanced PCBs to function effectively. These systems include features such as navigation, audio systems, and connectivity with mobile devices, all of which require high-speed data processing and integration of various components. As consumers increasingly demand more sophisticated infotainment systems, automotive manufacturers are investing in high-quality PCBs that can support these advanced functionalities while ensuring seamless user experiences. The growth of connected vehicles further drives the need for innovative PCB solutions in this segment, as manufacturers seek to deliver more integrated technology that enhances connectivity and entertainment options.

Safety System:

The safety system application segment is paramount in the automotive PCB market, as it encompasses essential components that ensure the safety of occupants. PCBs in this segment are integral to systems such as airbag control, anti-lock braking systems (ABS), and electronic stability control (ESC). The reliability and performance of these PCBs are critical, as they must operate flawlessly under emergency conditions and extreme environments. As automotive safety regulations become more stringent, the demand for high-performance safety system PCBs is expected to rise, pushing manufacturers to innovate and enhance the durability and efficiency of their products to meet these evolving standards.

Advanced Driver Assistance System (ADAS):

ADAS represents one of the fastest-growing applications for automotive PCBs, as these systems are designed to enhance driver safety and vehicle performance. PCBs in ADAS are responsible for processing data from various sensors and cameras to assist in functions such as lane departure warnings, adaptive cruise control, and collision avoidance. With the increasing proliferation of these technologies, the demand for reliable and sophisticated PCBs has surged, driving innovation in design and manufacturing processes. The growth of autonomous vehicles is expected to further propel this segment, as more advanced ADAS technologies are developed, necessitating the use of high-performance PCBs that can handle complex data processing and real-time decision-making.

Lighting System:

Lighting systems in vehicles, ranging from headlights to ambient interior lighting, significantly rely on PCBs for their functionality and efficiency. The use of PCBs in lighting systems allows for precise control and integration of various lighting technologies, including LED and adaptive lighting features. As automotive design trends increasingly focus on aesthetics and energy efficiency, the role of PCBs in optimizing lighting functionalities is becoming more prominent. The demand for innovative lighting solutions in modern vehicles, including adaptive lighting systems that adjust according to driving conditions, further fuels the need for advanced PCB solutions in this application segment.

By Vehicle Type

Passenger Cars:

The passenger car segment is a significant contributor to the Automotive PCB market, as these vehicles typically incorporate a vast array of electronic systems for safety, comfort, and entertainment. PCBs used in passenger cars must support complex functionalities, including infotainment systems, navigation, powertrain control units, and safety systems. The increasing demand for smart technology and connectivity features within passenger cars is driving manufacturers to develop high-quality PCBs that meet stringent performance standards. The growing trend towards electrification in passenger vehicles is also expected to enhance the demand for specialized PCBs designed for electric powertrains and battery management systems, further solidifying this segment's importance in the market.

Commercial Vehicles:

The commercial vehicle segment encompasses a range of vehicles such as trucks, buses, and utility vehicles, all of which require robust and reliable electronic systems. PCBs in this segment are designed to manage various functions, including navigation, telematics, and fleet management systems, while ensuring durability under challenging operating conditions. The rise of e-commerce and demand for efficient logistics solutions is driving growth in this segment, as manufacturers seek to incorporate advanced technologies that enhance operational efficiency and vehicle performance. As regulations regarding emissions and safety become more stringent, the need for high-performance PCBs in commercial vehicles is expected to increase, leading to innovations that improve functionality and compliance with industry standards.

By Sales Channel

OEM:

The OEM (Original Equipment Manufacturer) sales channel plays a crucial role in the Automotive PCB market, as it involves the direct supply of PCBs to vehicle manufacturers for use in new vehicle production. This segment benefits from long-term contracts and partnerships between PCB manufacturers and automotive companies, ensuring a consistent demand for high-quality electronic components. As vehicle manufacturers increasingly focus on integrating advanced technologies into their new models, the demand for innovative and reliable PCBs from OEMs is expected to rise significantly. Moreover, the OEM channel allows for customization of PCB designs to meet the specific needs of vehicle models, fostering innovation and collaboration between manufacturers and suppliers.

Aftermarket:

The aftermarket segment provides opportunities for PCB manufacturers to supply components for repairs, upgrades, and enhancements to existing vehicles. This segment plays a crucial role in maintaining vehicle functionality and performance over time, as consumers seek to replace or upgrade electronics in older vehicles. The expanding trend of retrofitting vehicles with advanced technologies, such as infotainment systems and advanced safety features, is driving demand in the aftermarket channel. As the automotive landscape evolves, the aftermarket segment presents a lucrative opportunity for PCB manufacturers to tap into the growing need for replacement and enhancement solutions, catering to consumers looking to extend the life and improve the performance of their vehicles.

By Region

In the North American region, the Automotive PCB market is expected to grow significantly, with a projected CAGR of 6% between 2025 and 2035. The robust automotive industry in the United States and Canada, coupled with the increasing adoption of electric vehicles, is driving the demand for advanced electronic components. The presence of major automotive manufacturers and a strong supply chain ecosystem further bolster the growth of the PCB market in this region, as manufacturers focus on integrating innovative technologies into their vehicle offerings. Moreover, the increasing focus on safety and regulatory compliance is leading to higher demand for reliable and high-performance PCBs in North America, as automakers strive to meet stringent industry standards.

In Europe, the Automotive PCB market is also witnessing notable growth, driven by the increasing focus on sustainability and innovation. The region is home to numerous automotive manufacturers that are actively investing in electric and hybrid vehicles, leading to an increased use of sophisticated PCBs for power management and vehicle control systems. The European market emphasizes regulatory compliance and safety standards, further driving the need for advanced PCB solutions. As the automotive industry continues to evolve with the integration of smart technologies, the demand for high-quality PCBs in Europe is expected to rise, contributing significantly to the overall growth of the global Automotive PCB market.

Opportunities

The Automotive PCB market presents numerous opportunities for manufacturers and suppliers as the automotive industry undergoes significant transformations. One of the most prominent opportunities lies in the continued growth of electric vehicles (EVs). As manufacturers pivot towards electrification to meet global emission standards and consumer demand for greener alternatives, there is a strong requirement for advanced PCBs that can support the unique electronics of EVs, such as battery management systems, charging interfaces, and energy management solutions. Additionally, the increasing trend of connectivity and the adoption of IoT technologies in vehicles are driving demand for PCBs that can support wireless communication and data processing capabilities, opening new avenues for innovation and development in the automotive electronics space.

Furthermore, the rising emphasis on vehicle safety and autonomy presents a unique opportunity for PCB manufacturers. The integration of advanced driver assistance systems (ADAS) and other safety features necessitates sophisticated PCBs that can handle complex data processing and real-time decision-making. Companies that can provide reliable, high-performance PCBs tailored for these applications are well-positioned to capitalize on the growing demand. Additionally, as the aftermarket for vehicles continues to expand, opportunities for retrofitting vehicles with advanced technologies create a market for replacement and upgraded PCBs. This involves maintaining older vehicles or enhancing them with new features, offering a rich potential for revenue growth within the Automotive PCB sector.

Threats

Despite the promising growth prospects for the Automotive PCB market, several threats could hinder its development. One of the primary threats is the rapid pace of technological advancement in automotive electronics, which requires PCB manufacturers to continuously innovate and adapt their products. This constant need for evolution can strain resources and result in increased operational costs, particularly for smaller manufacturers. Additionally, the automotive industry is subject to stringent regulatory standards regarding safety and emissions. Non-compliance with these regulations can not only result in financial penalties but also damage a company's reputation, leading to reduced demand for its products. Furthermore, competition in the market is intensifying, with numerous players vying for market share, presenting challenges for established companies as well as new entrants looking to penetrate the market.

Another critical threat is the potential supply chain disruptions that can arise from geopolitical factors, such as trade tensions and regulatory changes. These disruptions can affect the availability of raw materials and components necessary for PCB production, leading to delays and increased costs. Additionally, the ongoing global semiconductor shortage poses a significant challenge for the automotive industry, impacting the production of PCBs and slowing down the overall growth of the market. Manufacturers must navigate these complexities and uncertainties to ensure a stable supply chain and maintain competitive pricing while delivering high-quality products that meet the evolving needs of the automotive sector.

Competitor Outlook

• Taiyo Yuden Co., Ltd.
• Jabil Inc.
• Flex Ltd.
• PCB Technologies Inc.
• Viasystems Group, Inc.
• AT&S Austria Technologie & Systemtechnik AG
• Unimicron Technology Corp.
• Shenzhen Kinwong Electronic Co., Ltd.
• Samsung Electro-Mechanics Co., Ltd.
• TTM Technologies, Inc.
• Eltek Ltd.
• Circuit Design, Inc.
• Wus Printed Circuit Co., Ltd.
• Meiko Electronics Co., Ltd.
• Multilayer Technology, Inc.

The competitive landscape of the Automotive PCB market is characterized by a diverse array of players, ranging from established manufacturers to emerging companies specializing in innovative technologies. The industry includes global leaders who have established a strong foothold through continuous innovation, strategic partnerships, and extensive manufacturing capabilities. These companies are focusing on enhancing their product offerings to meet the evolving demands of the automotive sector, particularly in areas such as electric and autonomous vehicles. The emphasis on sustainability and regulatory compliance is driving companies to invest in research and development to create environmentally friendly and technologically advanced PCBs that align with industry trends.

Furthermore, the competitive dynamics are influenced by the geographic diversity of the market, as companies strive to expand their presence in emerging markets where automotive production is on the rise. The ability to navigate different regulatory environments and adapt to local market needs is crucial for success in these regions. Collaborations and joint ventures among manufacturers are also becoming increasingly common as companies seek to leverage each other's strengths to enhance their product development capabilities and market reach. As the automotive industry continues to evolve, players in the PCB market must remain agile, responsive, and innovative to maintain a competitive edge.

Key players such as Jabil Inc. and Flex Ltd. are at the forefront of the Automotive PCB market, recognized for their extensive experience and broad range of products. Jabil Inc., for instance, is known for its commitment to innovation and sustainability, providing tailored PCB solutions that meet the specific needs of automotive manufacturers. With a strong focus on quality and customer satisfaction, Jabil has built a reputation as a reliable partner for automotive OEMs looking for advanced electronic solutions. Similarly, Flex Ltd. is leveraging its global manufacturing footprint and technological expertise to develop cutting-edge PCBs that support the latest automotive technologies, including EVs and ADAS. Both companies are actively investing in research and development to stay ahead in this rapidly evolving market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Flex Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Eltek Ltd.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Jabil Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Circuit Design, Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 PCB Technologies Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Taiyo Yuden Co., Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 TTM Technologies, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Viasystems Group, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Unimicron Technology Corp.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Meiko Electronics Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Multilayer Technology, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Wus Printed Circuit Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Samsung Electro-Mechanics Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Shenzhen Kinwong Electronic Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 AT&S Austria Technologie & Systemtechnik AG
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive PCB Sales Market, By Type
    • 6.1.1 Single-sided PCB
    • 6.1.2 Double-sided PCB
    • 6.1.3 Multi-layer PCB
    • 6.1.4 Rigid PCB
    • 6.1.5 Flexible PCB
  • 6.2 Automotive PCB Sales Market, By Application
    • 6.2.1 Powertrain
    • 6.2.2 Infotainment System
    • 6.2.3 Safety System
    • 6.2.4 Advanced Driver Assistance System (ADAS)
    • 6.2.5 Lighting System
  • 6.3 Automotive PCB Sales Market, By Vehicle Type
    • 6.3.1 Passenger Cars
    • 6.3.2 Commercial Vehicles

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Automotive PCB Sales Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive PCB Sales market is categorized based on

By Type

• Single-sided PCB
• Double-sided PCB
• Multi-layer PCB
• Rigid PCB
• Flexible PCB

By Application

• Powertrain
• Infotainment System
• Safety System
• Advanced Driver Assistance System (ADAS)
• Lighting System

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Taiyo Yuden Co., Ltd.
• Jabil Inc.
• Flex Ltd.
• PCB Technologies Inc.
• Viasystems Group, Inc.
• AT&S Austria Technologie & Systemtechnik AG
• Unimicron Technology Corp.
• Shenzhen Kinwong Electronic Co., Ltd.
• Samsung Electro-Mechanics Co., Ltd.
• TTM Technologies, Inc.
• Eltek Ltd.
• Circuit Design, Inc.
• Wus Printed Circuit Co., Ltd.
• Meiko Electronics Co., Ltd.
• Multilayer Technology, Inc.