United States Automotive PCB Market-Industry Size, Share, Trends, Opportunity, and Forecast, By Type (Single-Sides PCB, Double-Sided PCB, Multi-Layer PCB), By Level of Autonomous (Autonomous, Conventional), By Application Type (Powertrain Components, Infotainment Components, ADAS & Basic Safety Bread), By Propulsion Type (ICE, BEV, HEV) Regional, Competition, Forecast & Opportunities 2019-2029F

Market Overview

The United States Automotive PCB Market was valued at USD 586.85 Million in 2023 and is expected to reach USD 794.77 Million by 2029 with a CAGR of 5.20% during the forecast period. The United States Automotive PCB market is seeing substantial growth, driven by the increasing integration of electronics in vehicles. The ongoing shift towards electric vehicles (EVs) has made automotive PCBs essential for the functioning of key components such as batteries, inverters, and charging systems. As EV adoption rises, automakers require more sophisticated electronic systems, which directly increases the demand for automotive PCBs. Moreover, advancements in driver assistance technologies, including sensors and ADAS systems, are significantly enhancing the electronics content in vehicles. This trend of adding more technology to vehicles contributes to the growing demand for high-performance PCBs that can handle increased complexity and reliability requirements.

A key growth driver is the rising emphasis on sustainability and regulatory compliance, especially with vehicle emission standards and fuel efficiency. As automakers focus on improving fuel economy and reducing environmental impact, advanced PCBs are required to support the increased complexity of hybrid and electric powertrains. Furthermore, the demand for better safety features and connected vehicle technologies is propelling the automotive PCB market. Connected vehicles rely heavily on PCBs for communications, infotainment systems, and in-vehicle networking, which further boosts the demand for these components. As technology continues to advance, the need for reliable, high-quality automotive PCBs is becoming more critical

The market faces challenges such as the complexity in PCB design for automotive applications and the increasing pressure on manufacturers to deliver higher-quality components at competitive prices. Strict automotive quality standards require a high level of precision and reliability, which can increase manufacturing costs and complicate the production process. Moreover, supply chain disruptions, fluctuations in raw material prices, and technological challenges in miniaturizing and integrating PCBs are some of the obstacle’s manufacturers must navigate. Despite these challenges, the growing trend toward automation, electrification, and connectivity in vehicles presents significant opportunities for innovation and growth in the automotive PCB market in the coming years.

Market Drivers

Demand for Electric Vehicles (EVs)

The transition to electric vehicles has led to a substantial increase in the use of automotive printed circuit boards (PCBs). Electric vehicles require advanced PCBs to manage key components such as batteries, power inverters, and electric motors. These components require complex circuitry to function efficiently, with a demand for high-power density PCBs that can handle increased electrical loads. As automakers continue to scale up their production of EVs, the need for reliable, high-performance PCBs grows, supporting the broader push toward clean energy transportation. The shift from internal combustion engines to electric drivetrains is one of the primary drivers behind the expansion of the automotive PCB market in the United States.

Advancements in Safety and Driver Assistance Technologies

Automotive safety technologies, such as Advanced Driver Assistance Systems (ADAS), have become a cornerstone of modern vehicles. ADAS technologies, including collision sensors, lane-keeping assistance, and adaptive cruise control, rely heavily on sophisticated PCBs for their operation. The growth of ADAS is pushing manufacturers to develop more advanced PCBs that support the high reliability and precision required for these systems. Additionally, safety features such as airbags, traction control, and anti-lock braking systems (ABS) also require robust PCBs to ensure their functionality in real-time driving conditions. This surge in safety-related applications continues to boost the demand for automotive PCBs in the United States.

Expansion of Connected Vehicle Systems

The ongoing trend toward connected vehicles, which integrate IoT technologies for enhanced vehicle-to-vehicle (V2V) communication, navigation, and in-car entertainment, is another key driver for the automotive PCB market. With the increasing integration of infotainment systems, telematics, and vehicle-to-infrastructure communication, more PCBs are needed to enable seamless connectivity and functionality. The growing adoption of wireless communication technologies, such as 5G, within vehicles has further driven the demand for high-performance PCBs capable of supporting fast data transmission and secure communications. As more vehicles become connected and require enhanced networking capabilities, the need for high-quality PCBs will continue to rise, providing ample growth opportunities for manufacturers in the U.S. For instance, in October 2023, Konrad has advanced its PCB test platform by integrating an analog extension for PXI-based instrumentation. This innovation eliminates cables between the tester and fixture, significantly enhancing efficiency. The shorter signal pathway improves overall signal integrity, streamlining the testing process.

Key Market Challenges

Complexity of Automotive Electronic Systems

As automotive systems become more advanced, the complexity of the printed circuit boards (PCBs) required to support these systems has also increased. Modern vehicles are equipped with a range of sophisticated technologies such as advanced driver assistance systems (ADAS), infotainment, connectivity, and electric drivetrains. Each of these systems demands specific PCB designs with higher precision, greater functionality, and enhanced durability. The integration of multiple functionalities into a single PCB while ensuring that it can withstand the harsh conditions of automotive environments, such as temperature fluctuations, vibrations, and moisture, presents significant challenges to manufacturers. Meeting these increasing design complexities while maintaining performance, reliability, and cost-efficiency is a continual hurdle for PCB manufacturers.

Regulatory Compliance and Environmental Standards

The automotive industry is subject to a wide range of regulations and environmental standards, which also apply to the components, including PCBs, used in vehicles. Compliance with industry-specific standards such as RoHS (Restriction of Hazardous Substances) and REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) is a major concern for PCB manufacturers. These regulations impose strict guidelines on the materials used in PCB production, aiming to limit the environmental impact and improve the sustainability of automotive electronics. The increasing stringency of these standards, particularly around the use of hazardous substances and the disposal of electronic waste, puts pressure on manufacturers to develop eco-friendly alternatives without compromising on the performance and reliability of PCBs. This has led to an added layer of complexity in the manufacturing process, as companies must invest in research and development to meet these evolving regulations. For example, in 2024 American Standard Circuits (ASC) has successfully earned its IATF 16949 automotive re-certification. The company continues to provide high-quality rigid, metal-backed, RF/microwave, flex, and rigid-flex PCBs across various sectors. ASC’s certifications include AS9100 Rev D, ISO 9001:2015, and MIL-PRF qualifications.

Supply Chain and Raw Material Shortages

The global semiconductor shortage, along with other disruptions in the supply chain, has posed significant challenges for the automotive PCB market. PCBs rely heavily on raw materials such as copper, resin, and specialized chemicals, which have experienced price volatility and shortages in recent years. Furthermore, the supply chain for PCBs is highly dependent on a global network of suppliers, which has been disrupted due to various factors like the COVID-19 pandemic and geopolitical tensions. These disruptions have resulted in delays in production schedules and increased costs, forcing automotive manufacturers to adapt quickly. The volatility in raw material prices and the difficulty in securing consistent and reliable supplies of essential components represent substantial risks to the stability and profitability of the automotive PCB market.

Key Market Trends

Integration of Advanced Driver Assistance Systems (ADAS)

One of the most significant trends in the automotive PCB market is the growing integration of Advanced Driver Assistance Systems (ADAS) in vehicles. ADAS technologies, which include features like lane-keeping assist, adaptive cruise control, collision avoidance, and automated parking, rely heavily on a network of sensors, cameras, and processors. These systems demand high-performance and highly reliable PCBs capable of supporting sophisticated electronics. The trend toward ADAS is accelerating the need for PCBs that are not only durable and compact but also capable of handling complex signal processing and data transfer. The rising consumer demand for safer and more autonomous vehicles is expected to continue driving this trend in the coming years.

Shift Toward Electric and Hybrid Vehicles

The rapid adoption of electric and hybrid vehicles (EVs) is another major trend influencing the automotive PCB market. EVs and hybrids feature complex electrical systems that require high-performance PCBs for battery management, power distribution, electric motor control, and charging infrastructure. As the automotive industry shifts towards greener technologies, the demand for specialized PCBs designed to meet the requirements of EV powertrains, high-voltage systems, and energy-efficient electronics is increasing. This shift is not only driven by consumer preference for sustainable mobility solutions but also by government regulations pushing for reduced emissions and greater fuel efficiency. The expansion of the EV market is expected to be a significant growth driver for the automotive PCB market, particularly as the adoption of electric vehicles continues to gain momentum.

Miniaturization and Lightweight Design of PCBs

As automotive manufacturers seek to improve fuel efficiency, reduce emissions, and enhance vehicle performance, there is an increasing trend toward miniaturizing and lightening the design of automotive PCBs. Smaller, lighter PCBs are essential for meeting the space and weight requirements in modern vehicles, particularly with the rise of electric vehicles, where every ounce of weight savings contributes to the overall energy efficiency. Miniaturization is also crucial for integrating more complex systems in compact spaces, especially in advanced infotainment systems, battery management systems, and power electronics. This trend is driving the development of new PCB materials and manufacturing techniques that enable more compact designs without compromising the performance, durability, or reliability of the components. As automotive designs evolve, the demand for smaller, lighter, and more integrated PCBs will continue to grow.

Segmental Insights

Type Insight

The United States Automotive PCB market is segmented by type, with multi-layer PCBs representing a significant category. Multi-layer PCBs are crucial components in automotive electronics due to their ability to support complex and compact circuit designs, which are essential for modern vehicles. These PCBs consist of multiple layers of conductive material separated by insulating layers, enabling higher component density and more advanced functionalities. The demand for multi-layer PCBs in the automotive sector has risen as vehicles become more integrated with electronic systems, requiring greater performance and efficiency in circuit design.

In automotive applications, multi-layer PCBs are widely used in advanced systems such as infotainment, navigation, power management, safety features, and more. The increasing complexity of these systems necessitates the use of multi-layer PCBs to accommodate the intricate interconnections and compact layouts that modern vehicles demand. For instance, automotive systems such as ADAS (Advanced Driver Assistance Systems), infotainment systems, and electric vehicle (EV) battery management systems require precise and reliable performance, which multi-layer PCBs are well-equipped to deliver.

The integration of multi-layer PCBs in electric and hybrid vehicles has become a key aspect of supporting their powertrain systems. These vehicles require efficient power management, precise battery monitoring, and reliable charging capabilities, all of which depend on multi-layer PCBs. As electric vehicles continue to gain popularity, the need for multi-layer PCBs to support their advanced systems is growing. This trend is being driven by both technological advancements in automotive electronics and the need for more compact and reliable solutions that can support the high demands of electric vehicle systems.

Multi-layer PCBs also play a significant role in the development of autonomous vehicles, where the complexity of sensors, cameras, processors, and control systems requires high-performance PCBs. The integration of these systems in compact spaces further emphasizes the importance of multi-layer PCBs, as they offer the necessary space efficiency and performance required for these advanced automotive technologies.

As automotive electronics continue to evolve, the reliance on multi-layer PCBs is expected to grow, driven by the increasing complexity and demand for high-performance, compact, and reliable solutions across various vehicle systems.

                           

Region Insights

The West region of the United States holds a dominant position in the automotive PCB market, driven by a concentration of automotive manufacturing and technological development in this area. As one of the key hubs for the automotive industry, the West benefits from a robust presence of both traditional vehicle manufacturers and companies focused on electric vehicle (EV) production. The increasing adoption of EVs and the growing demand for advanced automotive electronics, such as infotainment systems, autonomous driving technologies, and advanced safety features, has led to a higher demand for high-performance PCBs, especially multi-layer variants, which are essential for these applications.

The West region’s commitment to innovation and sustainable transportation also plays a crucial role in shaping the automotive PCB market. With California being a significant player in electric vehicle production and technology development, the demand for PCBs to support EV powertrain systems, battery management systems, and other electronics continues to rise. This region also leads in the development and integration of autonomous vehicle technologies, further increasing the need for specialized PCBs that can support the complex sensors, cameras, and processing units required for autonomous driving.

The West’s role in the global automotive supply chain, combined with its focus on advancing clean energy solutions, positions it as a critical driver of market growth. The increasing complexity of automotive electronics, coupled with the push for sustainability, necessitates the use of more intricate PCBs to support the ever-evolving needs of modern vehicles. As the demand for electric and autonomous vehicles grows, so too will the need for advanced PCB solutions that can meet the performance and reliability standards of these next-generation automotive systems.

The presence of major automotive OEMs, suppliers, and technology companies in the West region ensures that it remains a dominant force in the automotive PCB market. As the region continues to lead the way in automotive innovation, its contribution to the market’s growth is expected to remain strong during the forecast period.

Recent Developments

• In May 2024, PCB Piezotronics has launched the Model 357A67, a compact charge triaxial accelerometer designed for high-temperature applications. With the ability to endure temperatures up to 500°F (260°C), it stands as the smallest of its kind. This new model enhances performance in demanding environments.
• In May 2023, A UK consortium, led by Bramble Energy, is set to develop a hydrogen-powered double-deck bus using printed circuit board fuel cell (PCBFC) technology. The initiative, known as HEIDI, includes partners Equipmake, Aeristech, and the University of Bath. This project aims to advance sustainable transportation with cost-effective fuel cell solutions.
• In July 2024. Omron Electronic Components Europe has introduced a new high-power PCB relay designed for Level 2 EV charging stations. The G9KC relay offers the lowest contact resistance on the market and reduces load terminal heat rise during operation. This advancement enhances the efficiency and reliability of EV charging infrastructure.

Key Market Players

• BendPak Inc.
• AdvancedPCB
• TTM Technologies, Inc.
• Avery Dennison Corporation
• Multek Corporation
• Zentech Manufacturing
• PCB Technologies Ltd.
• Sumitomo Electric Group
• Benchmark Electronics, Inc.
• KYOCERA Corporation

Automotive PCB Market-United States Industry Size, Share, Trends, Opportunity, and Forecast, By Type (Single-Sides PCB, Double-Sided PCB, Multi-Layer PCB), By Level of Autonomous (Autonomous, Conventional), By Application Type (Powertrain Components, Infotainment Components, ADAS, Basic Safety Bread), By Propulsion Type (ICE, BEV, HEV) Regional, Competition, Forecast & Opportunities 

Report Scope:

In this report, the United States Automotive PCB Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         United States Automotive PCB Market, By Type:

o   Single-Sides PCB

o   Double-Side PCB

·         United States Automotive PCB Market, By Level of Autonomous:

o   Autonomous

o   Conventional

·         United States Automotive PCB Market, By Application:

o   Powertrain Components

o   Infotainment Component

o   ADAS

o   Basic Safety Bread

·         United States Automotive PCB Market, By Propulsion:

o   ICE

o   BEV

o   HEV

·         United States Automotive PCB Market, By Region:

o   West

o   South

o   Midwest

o   Northeast

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the United States Automotive PCB Market.

Available Customizations:

United States Automotive PCB Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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