Canada Printed Circuit Board Market is projected to grow at a CAGR of 4.5% from 2025-2031F

Multilayer PCBs Segment by Product Type held the highest revenue share in Canada Printed Circuit Board Market -6Wresearch

Multilayer PCBs hold the largest share in Canada's PCB market, driven by their critical role in high-tech industries such as telecommunications, automotive, and healthcare. Canada's rapid adoption of 5G networks, rising investments in electric vehicles (EVs), and the expansion of medical device manufacturing fuel the demand for these advanced PCBs. With their ability to support complex, compact designs, multilayer PCBs are pivotal to meeting the country's growing technological and industrial needs, cementing their market leadership.

According to 6Wresearch, Canada Printed Circuit Board Market is projected to grow at a CAGR of 4.5% from 2025-2031F. Canada's PCB market has experienced notable growth, driven by the expansion of the manufacturing sector, which saw an 8.1% revenue increase from 2020 to 2021. This growth is fueled by the automotive industry's $14 billion GDP contribution and the production of over 1.2 million vehicles in 2022, along with significant investments in electric vehicle (EV) production. The aerospace and ICT sectors' focus on advanced technologies has further spurred demand for specialized PCBs. The growing reliance of the Canadian ICT sector on trade, with imports totaling $43.2 billion, along with the implementation of Canada's National Cyber Security Strategy and Action Plan (2019–2024), supports continued growth. In 2023, the Strategic Innovation Fund’s $350 million investment in sustainable aviation technology highlighted Canada's commitment to advancing green technologies, further boosting the demand for specialized PCBs for eco-friendly solutions and technological advancements in aerospace.

According to Parth, Senior Research Analyst, 6Wresearch, The automotive sector holds the largest share of Canada’s PCB market, driven by the country's growing focus on electric vehicles (EVs), advanced driver-assistance systems (ADAS), and smart infotainment solutions. With government incentives and investments supporting EV adoption and sustainable transportation, the demand for high-performance PCBs has surged. Canadian automotive manufacturers rely on cutting-edge PCB technology to enhance vehicle functionality, safety, and energy efficiency, solidifying the sector's dominant role in the market.

Canada Printed Circuit Board Market (2025-2031) report provides an in-depth analysis with 15 figures and 4 tables, covered in 62 pages. The report thoroughly covers market by Product Type, and End Users. Canada Printed Circuit Board Market outlook report provides an unbiased and detailed analysis of the on-going Canada Printed Circuit Board Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.