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1003488

Global Automotive PCB Market - 2021-2028

Published: | DataM Intelligence | 283 Pages | Delivery time: 1-2 business days

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Global Automotive PCB Market - 2021-2028
Published: September 9, 2021
DataM Intelligence
Content info: 283 Pages
Delivery time: 1-2 business days
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  • Table of Contents
Description

Market Overview

The global Automotive PCB market is expected to grow at a CAGR during the forecasting period (2021-2028).

Automotive Industry has progressed from pure mechanical structure to participation of electronic parts. A top-level automotive possibly contains 150 electronic control units that are primarily sensors and processors inside the cockpit. One such progression in the automotive industry is the growing popularity of printed control boards. A printed circuit board or PCB is a non-conductive material with conductive lines printed. Electronic components are mounted on the board, and the traces connect the segments to shape a functioning circuit or assembly. These PCBs have revolutionized how we drive and utilize our vehicles, from motor controls and airbag sensors to anti-lock brake management and even GPS support. Pretty much every advanced comfort in the vehicle in your driveway depends on automotive PCBs. The growing popularity of printed circuit boards for vehicles can be ascribed not exclusively to its usefulness yet but also due to its numerous different advantages. This is a welcomed development in vehicle fabricating as it has extensive applications. Different choices won't assume control over its capacities, or at least not suffice in terms of quality. Significantly, PCB manufacturers are equipped for delivering small circuit boards as most vehicle types that utilize printed circuit boards permit a restricted measure of room for electronic control gadgets.  Circuit boards can be customized to perform essential orders regardless of how huge or little they are. Nearly all that you find in your vehicle that is carefully shown is probably constrained by a circuit board. Another explanation the car business has embraced PCBs in vehicles is that they are not difficult to fix. When a PCB has been made, it's not difficult to replicate for a speedy repair. Automotive printed circuit boards are planned explicitly to help every individual application and work in natural conditions they will provide insight, regardless of whether they're in the dashboard, in the engine or areas of significant motion.

Market Dynamics

The global Automotive PCB growth is driven by the emerging markets, and massive investment in research and development are the factors responsible for the growth of this market. Moreover, the rising demand for improved performance automotive vehicles is expected to drive the market.

Increasing demand for electric vehicles is likely to favor the market growth during the forecast period

The mechanical area has seen a gigantic blast in the past decade when the interest in automotive dramatically expanded because of quickly developing automation technology. Today, critical players like Toyota, Honda, BMW, Ford, and Tesla deliver high-class vehicles and focus on the precise buyer class that can purchase them. The electronics engineering industry has now got involved up to a great extent in the automobile industry. The present car vehicles are a mix of a genuine specialty of mechanical and electronics engineering. The world appears to be ready for an electric vehicle (EV) resurrection as issues going from ecological worries to fluctuating oil costs proceed to push shoppers toward options in contrast to ignition motors. The current EV is past anything nineteenth-century drivers could envision. From intelligent driving to proactive assistance and distant vehicle access, EVs can offer the wellbeing and accommodation the present shoppers' desire. To push drivers toward "connecting," in any case, automakers must better instruct them; offer an interestingly "associated" driving experience.

Similarly, they should accept creative plans of innovative business models and partnerships. PCBs have a much more significant task to carry out regarding electric vehicle (EV) innovation progression. With more complexes - PCBs needed to control an electric vehicle contrasted with traditional vehicles, there have been considerable improvements in the electronics industry over the last few years. As client interest for extra energy savings and better performance increases, so does the requirement for more complex PCB solutions also increases. PCBs play a vital role in power conditioning, battery performance and voltage conversion. With regards to electric vehicle batteries, PCBs are playing a massive part in the advancement of dependable charging stations and aiding the production of 'pay to charge' units that permit people, in general, to charge their vehicles and utilize an inbuilt payment facility, so the entire process is automated.  Recently the latest electric vehicle trends mentioned a new technology to help convert energy wasted during braking and coasting into driving power. As Audi harness PCBs to develop this tech, soon, other adopters will pick up this feature to improve their renewable credentials. According to a report by Statista, it is expected that there will be 115 million vehicles in the global electric vehicle fleet by 2030, up from an estimated 8.5 million units in 2020. The global electric vehicle fleet grew by more than three million units. Tesla is the fastest growing brand worldwide and the leading electric vehicle brand.  Tesla's share of the U.S. automotive market in 2020 peaked in July when the brand's market share rose to roughly 3.66 percent. However, if only the U.S. electric vehicle (EV) market is considered, Tesla is the market leader in battery-electric car sales for the United States.  Tesla's key business sectors incorporate the United States and China. Around the world, Tesla conveyed nearly 500,000 vehicles in 2020. The worldwide market for electric vehicles is projected to increase to more than 800 billion U.S. dollars by 2027. Seeing the growing numbers of electric vehicles, the automotive PCB market is expected to witness significant growth during the forecast period.

Factors likely to hinder the market growth during the forecast period are high initial costs, adverse environmental factors and changing performance conditions.

Adverse environmental effects are likely to hinder the market growth during the forecast period

Circuit boards are pretty sensitive to outside factors. Humidity and heat can cause an expansion in PCBs, bringing about twisting and harmed welded joints. This is why PCB manufacturing is typically done in an environment-controlled climate where humidity is kept at a protected level. Unfamiliar garbage that comes into contact with a board can have unfavorable impacts also. Many things can discover their way into assembly and cause overheating; for example, Dust, Hair (yuck), Liquid, Fibers are the common contaminations. In addition to that high cost and changing performance condition is likely to hinder the market growth. Probably the most significant test with regards to this expanding reliance on PCBs to control and improve electric vehicles is the conditions they need to perform under. When utilized in different sorts of items and gear, heat sinks, fans and spreaders can be utilized to adapt to the large heat output of the working machinery - however, these can't be received in EVs. All things considered, PCB manufacturers and designers are expected to discover substrates that offer a more elevated level of thermal performance. Where standard gum sheets can't manage the warmth, the utilization of ceramic and supported glass PTFE offer the strength needed for the warm conditions - and further substrates are likewise being created to offer more choice inside the industry.

Segment Analysis

By type, the market is segmented into Single-Sided PCBs, Double-Sided PCBs, Multilayer PCBs, Flex PCBs, Rigid PCBs, Rigid-Flex PCBs, HDI PCBs and LED PCBs. By substrate, the market is segmented into Ceramic Substrate board, PTFE PCBs, Metal Core PCBs and others.  By fuel type, the market is segmented into Gasoline, Diesel, Electric, Hybrid Electric and Plug-in Hybrid Electric. By Autonomous driving levels, the market is segmented into Level 0 - No automation, Level 1 - Driver assistance, Level 2 - Partial automation, Level 3 - Conditional driving automation, Level 4 - High driving automation and Level 5 - Full driving automation. By application, the market is segmented into Airbag controls, Anti-lock brake systems, Power steering Audio-video systems, Climate control, Engine-timing systems, Ignition systems and others.

The application segment of Airbag controls is expected to grow at a faster CAGR during the forecast period

As the automotive industry is progressively marching towards technological advancements and innovations, several applications in today's automobiles are based on electronic control for their proper operation.  Auto PCBs or electronic control circuits are offering dependable and high-grade execution. The circuit board is incorporated in the airbag deployment rate sensor, which is important in dissipating static electricity and triggering the airbag to deploy when needed.  An airbag is a vehicle occupant restriction framework utilizing a sack intended to blow up immediately when the vehicle experiences any collision. The purpose of an airbag is to give a vehicle occupant delicate padding during an accident and save his life. According to a report by Statista, in 2016, an expected 2,756 lives were saved because of the utilization of front-facing airbags in traveler vehicles in the U.S. In the auto PCB, the proportion of single and twofold layer PCB Board is 26.93%, four layers PCB is 25.70%, six layers PCB is 17.37%, and 8-16 layers is 3.49%, representing about 73% of the aggregate. The extent of the HDI board is 9.56%, FPC is 14.57%, and IC transporter is 2.38%, separately, representing about 27% of the aggregate. It tends to be seen that the multi-facet circuit board is as yet the primary interest for auto electronics.

Geographical Analysis

Asia Pacific dominates the market for Automotive. The increasing pollution is the key factor for the growth of the automotive industry. China dominates the market in this region due to the increasing demand in the automobile industry. China is the largest buyer and manufacturer of electric vehicles worldwide, representing more than half of the electric vehicles being made and sold in the world in 2018. China likewise makes 99% of the world's electric buses. China produced and sold about 1.2 million electric vehicles in 2018. New electric vehicles (EV) had a piece of the overall industry of 4.2% of new vehicles sold in China for the whole year of 2018. Big urban communities like Shenzhen and Beijing are quickly receiving electric vehicles - for instance, the entirety of Shenzhen's 16,000 public transports are currently electric, and soon its 22,000 taxicabs will be electric vehicles also. Developing electric vehicles will help energy preservation and security in China since energy effectiveness is 46% higher than that of internal combustion engines. Electric vehicles likewise can possibly diminish carbon dioxide emanations by 13-68%.

North America is expected to witness the fastest growing automotive market due to the increasing demand in the automotive industry. The United States is the key player across the region due to key players like Tesla, Chevy Bolt. Tesla's income developed to around 31.5 billion U.S. dollars in the financial year of 2020, a 28 percent increment from the earlier year. The United States is Tesla's most prominent sales market. In excess of 27 billion U.S. dollars, the organization's income is created from Tesla's car section, which incorporates the design, manufacturing, and sales of vehicles. As of March 2020, the electric vehicle (EV) producer has a model reach that incorporates the Tesla Model S, Tesla Model X, Tesla Model 3, and Tesla Y.

Competitive Landscape

The Automotive PCB Market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. RLX Solutions Inc., MCL, Imagineering Inc., NCAB Group, OnBoard Circuits Inc., 3CEMS Group, A-FLEX, Agile Circuit Co. Ltd, Aimtron Electronics Pvt Ltd, Alfatron, Avatar Engineering, Bay Area Circuits, Flexible Circuit Technologies, Gatema PCB are the major player in the sensors market. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the Automotive PCB market globally.

RLX Solutions

RLX Solutions was found in 2013, with its main headquarter in Ontario. It offers probably the most exceptional PCB innovation and convenient manufacturing and assembly services found across the industry: Full Spec PCBs, Small Quantity - Quick Turn PCBs, Custom Spec - Quick Turn PCBs, Highly Specialized Precision PCBs. RLX Solutions makes a wide scope of electronic/mechanical gear from PCBs, custom component manufacturing, custom cable manufacturing to custom mechanical components. With worldwide portrayal, they remain by their solid/speedy turn answers for plan and creation. RLX is an approved wholesaler/affiliate for many Passive Component/Semiconductor and LED brands. They effectively administrate numerous OEMs in the Toronto, Canada region and carry a solid, strong international manufacturing & sales presence in over 100+ nations.

Table of Contents
Product Code: DMAT3311

Table of Contents

1. Global Automotive PCB Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Automotive PCB Market- Market Definition and Overview

3. Global Automotive PCB Market- Executive Summary

  • 3.1. Market Snippet by Type
  • 3.2. Market Snippet by Substrate
  • 3.3. Market Snippet by Fuel type
  • 3.4. Market Snippet by Autonomous driving levels
  • 3.5. Market Snippet by Application
  • 3.6. Market Snippet by Region

4. Global Automotive PCB Market-Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Automotive PCB Market- Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Regulatory Analysis
  • 5.3. Supply Chain Analysis
  • 5.4. Pricing Analysis
  • 5.5. Trade Analysis

6. Global Automotive PCB Market - COVID-19 Analysis

  • 6.1. Analysis of Covid-19 on the Market
    • 6.1.1. Before COVID-19 Market Scenario
    • 6.1.2. Present COVID-19 Market Scenario
    • 6.1.3. After COVID-19 or Future Scenario
  • 6.2. Pricing Dynamics Amid Covid-19
  • 6.3. Demand-Supply Spectrum
  • 6.4. Government Initiatives Related to the Market During Pandemic
  • 6.5. Manufacturers Strategic Initiatives
  • 6.6. Conclusion

7. Global Automotive PCB Market- By Type

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 7.1.2. Market Attractiveness Index, By Type
  • 7.2. Single-Sided PCBs *
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 7.3. Double-Sided PCBs
  • 7.4. Multilayer PCBs
  • 7.5. Flex PCBs
  • 7.6. Rigid PCBs
  • 7.7. Rigid-Flex PCBs
  • 7.8. HDI PCBs
  • 7.9. LED PCBs

8. Global Automotive PCB Market- By Substrate

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Substrate
    • 8.1.2. Market Attractiveness Index, By Substrate
  • 8.2. Ceramic Substrate board *
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 8.3. PTFE PCBs
  • 8.4. Metal Core PCB
  • 8.5. Others

9. Global Automotive PCB Market- By Fuel type

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Fuel type
    • 9.1.2. Market Attractiveness Index, By Fuel type
  • 9.2. Gasoline *
    • 9.2.1. Introduction
    • 9.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 9.3. Diesel
  • 9.4. Electric
  • 9.5. Hybrid Electric
  • 9.6. Plug-in Hybrid Electric

10. Global Automotive PCB Market- By Autonomous driving levels

  • 10.1. Introduction
    • 10.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Autonomous driving levels.
    • 10.1.2. Market Attractiveness Index, By Autonomous driving levels
  • 10.2. Level 0 - No automation *
    • 10.2.1. Introduction
    • 10.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 10.3. Level 1 - Driver assistance
  • 10.4. Level 2 - Partial automation
  • 10.5. Level 3 - Conditional driving automation
  • 10.6. Level 4 - High driving automation
  • 10.7. Level 5 - Full driving automation

11. Global Automotive PCB Market- By Application

  • 11.1. Introduction
    • 11.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 11.1.2. Market Attractiveness Index, By Application
  • 11.2. Airbag controls *
    • 11.2.1. Introduction
    • 11.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 11.3. Anti-lock brake systems
  • 11.4. Power steering
  • 11.5. Audio-video systems
  • 11.6. Climate control
  • 11.7. Engine-timing systems
  • 11.8. Ignition systems
  • 11.9. Others.

12. Global Automotive PCB Market- By Region

  • 12.1. Introduction
    • 12.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 12.1.2. Market Attractiveness Index, By Region
  • 12.2. North America
    • 12.2.1. Introduction
    • 12.2.2. Key Region-Specific Dynamics
    • 12.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 12.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Substrate
    • 12.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Fuel-type
    • 12.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Autonomous driving levels
    • 12.2.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 12.2.8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 12.2.8.1. United States
      • 12.2.8.2. Canada
      • 12.2.8.3. Mexico
  • 12.3. Europe
    • 12.3.1. Introduction
    • 12.3.2. Key Region-Specific Dynamics
    • 12.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 12.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Substrate
    • 12.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Fuel-type
    • 12.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Autonomous driving levels
    • 12.3.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 12.3.8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 12.3.8.1. Germany
      • 12.3.8.2. United Kingdom
      • 12.3.8.3. France
      • 12.3.8.4. Italy
      • 12.3.8.5. Spain
      • 12.3.8.6. Rest of Europe
  • 12.4. South America
    • 12.4.1. Introduction
    • 12.4.2. Key Region-Specific Dynamics
    • 12.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 12.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Substrate
    • 12.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Fuel-type
    • 12.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Autonomous driving levels
    • 12.4.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 12.4.8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 12.4.8.1. Brazil
      • 12.4.8.2. Argentina
      • 12.4.8.3. Rest of South America
  • 12.5. Asia Pacific
    • 12.5.1. Introduction
    • 12.5.2. Key Region-Specific Dynamics
    • 12.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 12.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Substrate
    • 12.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Fuel-type
    • 12.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Autonomous driving levels
    • 12.5.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 12.5.8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 12.5.8.1. China
      • 12.5.8.2. India
      • 12.5.8.3. Japan
      • 12.5.8.4. Australia
      • 12.5.8.5. Rest of Asia Pacific
  • 12.6. Middle East and Africa
    • 12.6.1. Introduction
    • 12.6.2. Key Region-Specific Dynamics
    • 12.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 12.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Substrate
    • 12.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Fuel-type
    • 12.6.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Autonomous driving levels
    • 12.6.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

13. Global Automotive PCB Market Competitive Landscape

  • 13.1. Competitive Scenario
  • 13.2. Market Positioning/Share Analysis
  • 13.3. Mergers and Acquisitions Analysis

14. Global Automotive PCB Market Company Profiles

  • 14.1. RLX Solutions Inc.*
    • 14.1.1. Company Overview
    • 14.1.2. Product Portfolio and Description
    • 14.1.3. Key Highlights
    • 14.1.4. Financial Overview
  • 14.2. MCL
  • 14.3. Imagineering Inc.
  • 14.4. NCAB Group
  • 14.5. OnBoard Circuits Inc.
  • 14.6. 3CEMS Group
  • 14.7. A-FLEX
  • 14.8. Agile Circuit Co. Ltd
  • 14.9. Aimtron Electronics Pvt Ltd
  • 14.10. Alfatron

15. Global Automotive PCB Market- DataM

  • 15.1. Appendix
  • 15.2. About Us and Services
  • 15.3. Contact Us