Product Code: ETC018704 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India printed circuit board (PCB) market is expected to grow at a CAGR of 8.3% during the forecast period 2025-2031. India`s PCB market has witnessed significant growth in recent years due to rising demand for electronics and electrical products such as telecommunications, automotive, medical equipment, computers and laptops from both domestic and international markets. Additionally, increasing adoption of automation across various industries such as aerospace & defense sector along with consumer electronics industry is further driving the rapid growth of the market in India. Furthermore, growing advancements in packaging technology have enabled manufacturers to design smaller packages with higher efficiency and cost savings which are anticipated to fuel the growth of Indian PCB Market over the forecast period
1. Increasing demand for electronic components from consumer goods industry: The booming consumer goods industry coupled with increasing disposable incomes drives up demand for electronic products like phones and smart TVs resulting in increased requirement for components like PCBs that go into making these devices s
2. Growing Adoption Of Automation In Various Industries: The growing need for faster production processes has led to an increased adoption of automated machines by manufacturing companies thus driving up demand for printed circuit boards used in controlling these machines
3 .Technological Advancements In Packaging Technology: Technological advancements enable manufacturers to design smaller packages with higher efficiency leading to cost savings fuelling their uptake by companies operating across different sector
1 .Growing pressure on margins due To High Cost Of Electronic Components And Raw Materials : Electronics component producers face stiff competition from Chinese players resulting in high pricing pressure while raw material prices also remain volatile leading to margin crunch
2 . Stringent Regulatory Policies For Imports : Manufacturers importing components often face stringent regulations regarding quality control norms that make it difficult or costly process.
3 . Lack Of Skilled Labour Pool In India : Despite having technical expertise there is shortage of knowledgeable workforce available within country posing problem when it comes meeting specific requirements
1 .Shift Towards Higher Layer Count Boards By End-Users: Companies are increasingly shifting towards using multi-layer boards instead single layer ones owing its compact size easy assembly time saving features.
2 .Advancement In Manufacturing Technologies Like HDI Processes And Flexible Printed Circuit Production : With enhanced functionalities offered by technologies like HDI processes flexible printing circuits more manufacturers now prefer them over conventional methods
3 .Increasing Use Of Lead Free Components By Manufacturers Due To Environmental Regulations
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Printed Circuit Boards Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Printed Circuit Boards Market Revenues & Volume, 2021 & 2031F |
3.3 India Printed Circuit Boards Market - Industry Life Cycle |
3.4 India Printed Circuit Boards Market - Porter's Five Forces |
3.5 India Printed Circuit Boards Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 India Printed Circuit Boards Market Revenues & Volume Share, By Substrate, 2021 & 2031F |
3.7 India Printed Circuit Boards Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Printed Circuit Boards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Printed Circuit Boards Market Trends |
6 India Printed Circuit Boards Market, By Types |
6.1 India Printed Circuit Boards Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Printed Circuit Boards Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 India Printed Circuit Boards Market Revenues & Volume, By Single Sided, 2021-2031F |
6.1.4 India Printed Circuit Boards Market Revenues & Volume, By Double Sided, 2021-2031F |
6.1.5 India Printed Circuit Boards Market Revenues & Volume, By Multi-Layer, 2021-2031F |
6.1.6 India Printed Circuit Boards Market Revenues & Volume, By HDI, 2021-2031F |
6.2 India Printed Circuit Boards Market, By Substrate |
6.2.1 Overview and Analysis |
6.2.2 India Printed Circuit Boards Market Revenues & Volume, By Rigid, 2021-2031F |
6.2.3 India Printed Circuit Boards Market Revenues & Volume, By Flexible, 2021-2031F |
6.2.4 India Printed Circuit Boards Market Revenues & Volume, By Rigid-Flex, 2021-2031F |
6.3 India Printed Circuit Boards Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 India Printed Circuit Boards Market Revenues & Volume, By Industrial Electronics, 2021-2031F |
6.3.3 India Printed Circuit Boards Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 India Printed Circuit Boards Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.5 India Printed Circuit Boards Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 India Printed Circuit Boards Market Revenues & Volume, By IT & Telecom, 2021-2031F |
6.3.7 India Printed Circuit Boards Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
7 India Printed Circuit Boards Market Import-Export Trade Statistics |
7.1 India Printed Circuit Boards Market Export to Major Countries |
7.2 India Printed Circuit Boards Market Imports from Major Countries |
8 India Printed Circuit Boards Market Key Performance Indicators |
9 India Printed Circuit Boards Market - Opportunity Assessment |
9.1 India Printed Circuit Boards Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 India Printed Circuit Boards Market Opportunity Assessment, By Substrate, 2021 & 2031F |
9.3 India Printed Circuit Boards Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Printed Circuit Boards Market - Competitive Landscape |
10.1 India Printed Circuit Boards Market Revenue Share, By Companies, 2024 |
10.2 India Printed Circuit Boards Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |