Double Sided Printed Circuit Board Market Projected to Grow at a Steady Pace During 2021-2026
March 21, 2022
Stratview Research has recently added a new report titled Double Sided Printed Circuit Board Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Double Sided Printed Circuit Board Market.
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2021 to 2026
The key players covered in this report are –
- AT&S (Austria)
- Ibiden Co., Ltd. (Japan)
- Nippon Mektron Ltd. (Japan)
- Sumitomo Electric Industries, Ltd. (Japan)
- Shinko Electric Industries Co., Ltd. (Japan)
- Unimicron Technology Corporation (Taiwan)
- Compeq Manufacturing Co. Ltd. (Taiwan)
- Olympic incorporated (Japan)
- WUS Printed Circuits Co Ltd (China)
- Ellington Electronics Technology Group (China)
- Guangdong Goworld Co., Ltd. (China)
- Fastprint (China)
- Guangdong Chaohua Technology Co.,Ltd. (China)
Market Highlights
The growth of the double-sided printed circuit board market is driven by the increasing adoption of double-sided PCBs in various applications including automobiles, healthcare, and consumer electronics among others. The rising penetration of smartphones coupled with growing digitalization is expected to drive market growth at a significant rate. In addition to this, expanding growth of the consumer electronics industry in developing countries is likely to create lucrative opportunities for the players operating in the global market during the review period.
Segment-wise analysis
Based on application, the market has been segmented into industrial/medical, consumer electronics, military/aerospace, and others. Among these, the consumer electronics segment accounted for the largest market share in 2020 and is expected to propel market growth at a significant rate during the review period.
The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to a strong presence of automotive and electrical & electronics industries in China. Expanding industrialization in developing economies is likely to bolster market growth at a significant rate during the review period. The market growth in North America and European regions is expected to be driven by the established presence of the end-use industries.
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The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
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