PCB Manufacturing Industry to Grow to $74.3B in 2018

The global PCB manufacturing market is expected to increase from around $62.3 billion in 2013 to around $74.31 billion in 2018, growing at a CAGR of 3.6%, according to research firm IndustryARC.

The market volume is also expected to increase to 32 billion units and 3.92 million tons by 2018, growing at 3.8% and 5%, respectively. The PCB remanufacturing market is also expected to grow at an impressive CAGR of 41% during the forecast period.

Analyzing the competitive landscape of the global PCB market for 2012, IndustryARC is of the opinion that Japan's Nippon Mektron Ltd. had the top position with a market share of around 3.9%, followed by Taiwan-based Unimicron Technology Corporation with a share of 3.7%.

Considering the high level of market share fragmentation, the top six companies had a combined market share of only 18% in the industry.

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