India PCB (Printed Circuit Board) Market is Expected to Dominate by South Region until 2028
Increasing demand for
connected devices and rising research and development are expected to increase
the growth of India PCB (Printed Circuit Board) Market during the forecast
period of 2024-2028.
According to TechSci Research report, “India
PCB (Printed Circuit Board) Market - By Region, Competition
Forecast & Opportunities, 2018-2028, the
India PCB (Printed Circuit Board) market is expected to see a considerable
growth during the forecast period owing to the following factors such as the
growing demand for electronic gadgets such as smartphones laptops, smart
televisions, and others across the country. These electronic devices are
increasingly becoming a necessity for consumers across the country in this
modern era. These electronic gadgets use printed circuit boards as automated
machinery and cell tower.
Additionally, the need for printed
circuit boards has increased across a variety of industries, including consumer
electronics, cars, IT & telecom, and others, due to which the country's
growing electronic device penetration and population growth. Additionally,
electronic gadgets are being used by the aerospace, military, and other
government organizations for a variety of functions, which will increase demand
for market expansion in terms of value sales. Additionally, it is projected
that the expanding use of sophisticated electronic equipment in the military
and defense sectors nationwide will present a plethora of chances to fuel the
expansion of the printed circuit board market over the coming years.
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TOC on "India PCB (Printed Circuit Board) Market.”
India PCB (Printed Circuit Board) Market is segmented into manufacturing type, application, product type, segment, laminate type, layer, and by region.
Based on application,
consumer electronics are expected to dominate the India PCB (Printed Circuit
Board) market. PCB production has increased due to the trend towards reduction
of devices, like smartphones, laptops, and tablets, for customer convenience.
Manufacturers are putting more of an emphasis on offering unique PCBs that are
tailored to fit various electrical device designs.
Based on region, South
is expected to be dominate the India PCB (Printed Circuit Board) market. The
important elements that will favorably affect PCB sales in the area are
recognized due to the increasing consumer electronics market, the rising
popularity of IoT, and growing automotive applications. The strong performance
of PCBs and their adaptable packaging will help them succeed in
interconnectivity solutions in the future.
Major
market players operating in the India PCB (Printed Circuit Board) Market are:
- AT&S Electronics Company
- Epitome Components Ltd
- Shogini Technoarts Private limited
- Cipsa Tec India Pvt Ltd
- Sulakshana Circuits Ltd
- PCB Power Limited
- Hi Q Electronics Pvt Ltd
- Vintek Circuit India Pvt Ltd
- India Circuit Pvt Ltd
- Nano Electrotech Pvt Ltd
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“The growing demand for the additives manufacturing in electronics industry to
provide precise elements is expected to have immense opportunities for the
growth of the PCB market during the forecast period in terms of value sales.
The manufacturing of additives has exerted influence on designing of printed
circuit boards PCBs ahead the prototyping phases that further enhances the
functional attributes and performance of the gadgets. Thereby, the continuous
improvement in the additive manufacturing and 3D printers propels the market
growth.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based India management consulting firm.
“India PCB (Printed
Circuit Board) Market By Manufacturing Type (Bare PCBs, Populated PCBs), By Application
(Consumer Electronics, IT & Telecom, Defence & Aerospace, Automotive,
Healthcare, Others), By Product Type (Rigid 1-2 Sided, Standard Multilayer,
Flexible Circuits, HDI/ Microvia /Build Up, Rigid Flex, Others), By Segment
(Rigid PCBs, Flexible PCBs), By Laminate Type (FR4, Polyamide, CEM1, Paper,
Others), By Layer (Single Sided, Double Sided, Multilayer), By Region,
Competition Forecast & Opportunities, 2018-2028”, has evaluated the future growth
potential of India PCB (Printed Circuit Board) Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India PCB (Printed Circuit Board) Market.
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