Global Automotive PCB Market
Segmentation, By Type (Double-Sided PCB, Multi-layer PCB, Single-sided PCB), By
Vehicle Type (Passenger Car, Commercial vehicle), By Application (ADAS and
Basic Safety, Body, Comfort, and Vehicle Lighting, Infotainment Components, Powertrain
Components)- Industry Trends and Forecast to 2033
Global Automotive PCB Market size
was valued at USD 9214.5 million in 2024 and is expected to reach at
USD 20361.2 million in 2033, with a CAGR of 8.3% during the forecast period of
2025 to 2033.
Global Automotive PCB Market Overview
The global automotive PCB market
is growing steadily as vehicles become increasingly electronic, connected, and
electrified. Modern cars rely on high-performance PCBs for powertrain control,
ADAS, infotainment, battery management, and safety systems, driving strong
demand for multilayer, HDI, and flexible boards. The rapid rise of electric
vehicles and autonomous driving technologies is further boosting the need for
advanced, heat-resistant, and high-reliability PCBs. Additionally, stricter
safety regulations and increased integration of sensors, cameras, and
communication modules are expanding PCB usage per vehicle. Emerging markets and
rising vehicle production also support growth, making PCB technology a
foundational component of next-generation automotive innovation.
Global Automotive PCB Market Scope
|
Global Automotive
PCB Market |
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|
Years
Considered |
|||
|
Historical Period |
2020 - 2023 |
Market Size (2024) |
USD 9214.5 Million |
|
Base Year |
2024 |
Market Size
(2033) |
USD 20361.2 Million |
|
Forecast Period |
2025 - 2033 |
CAGR (2025 – 2033) |
8.3% |
|
Segments
Covered |
|||
|
By Type |
·
Multi-layer PCB ·
Single-sided PCB |
||
|
By Vehicle
Type |
·
Commercial
vehicle |
||
|
By Application |
·
Body, Comfort, and Vehicle Lighting ·
Infotainment Components ·
Powertrain Components |
||
|
Countries
Catered |
|||
|
North America |
·
United States ·
Canada ·
Mexico |
||
|
Europe |
·
United
Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest
of Europe |
||
|
Asia Pacific |
·
China ·
India ·
Japan ·
Australia ·
South Korea ·
Rest of Asia Pacific |
||
|
Latin America |
·
Brazil ·
Argentina ·
Rest
of Latin America |
||
|
Middle East & Africa
|
·
Saudi Arabia ·
South Africa ·
Rest of MEA |
||
|
Key Companies |
|||
|
·
Unimicron Technology Corporation
|
|||
Global Automotive PCB Market Dynamics
The global automotive PCB market
is evolving rapidly as vehicles become more software-driven, electrified, and
connected. One of the core drivers is the rising adoption of electric vehicles,
which require advanced PCBs for battery management systems, onboard chargers,
inverters, and power electronics. Additionally, the widespread integration of
ADAS, autonomous driving sensors, and infotainment systems is increasing the
demand for high-density interconnect (HDI), multilayer, and rigid-flex PCBs
capable of supporting high-speed data processing with strong thermal stability.
Industry trends such as miniaturization, lightweight designs, and the use of
ceramic-based substrates are shaping next-generation PCB development.
Opportunities are expanding across emerging markets where rapid vehicle
production, EV incentives, and connected-car deployment fuel PCB consumption.
However, the market faces restraints including high manufacturing costs for
advanced PCBs, supply chain disruptions for raw materials, and stringent
automotive quality certifications that increase production complexity.
Challenges also stem from the need to maintain long-term reliability under
harsh automotive conditions involving heat, vibration, and moisture. As
vehicles evolve into electronic platforms with growing cybersecurity demands,
PCB architectures must support enhanced processing, safety, and communication
capabilities. Overall, automotive PCBs are becoming central to the digital
transformation of mobility, driving continuous innovation across materials,
design, and manufacturing technologies.
Global Automotive PCB Market
Segment Analysis
The global automotive PCB market
is segmented by type, vehicle type, and application, reflecting the diverse
requirements of modern vehicles and evolving electronics architectures. By
type, the market includes single-sided, double-sided, and multi-layer PCBs.
Single-sided PCBs are primarily used in low-complexity applications like basic
lighting and body controls, while double-sided PCBs offer higher component
density for modules such as infotainment and powertrain control. Multi-layer
PCBs dominate the market due to their ability to support high-speed signals,
compact form factors, and thermal management, making them essential for ADAS
systems, EV power electronics, and autonomous driving modules. These advanced
PCBs enable complex routing and integration required for modern automotive
electronics, ensuring signal integrity and reliability under harsh operating
conditions.
By vehicle type, the market is
categorized into passenger cars and commercial vehicles. Passenger cars are the
largest segment, driven by the rapid adoption of electric vehicles, connected
cars, and smart cockpit systems. Commercial vehicles are also witnessing
increasing PCB demand as fleet operators integrate telematics, safety systems,
and energy-efficient powertrain solutions to enhance operational efficiency and
comply with stricter emissions and safety regulations.
By application, the market spans
ADAS and basic safety, body, comfort and vehicle lighting, infotainment
components, and powertrain components. ADAS and safety systems, including
radar, LiDAR, and camera modules, require high-reliability PCBs with advanced
thermal and electrical performance. Body and lighting applications benefit from
cost-effective single- or double-sided PCBs, whereas infotainment systems
demand multi-layer, high-speed boards to support high-definition displays,
connectivity, and audio-visual integration. Powertrain components, particularly
in EVs and hybrid vehicles, rely on multi-layer and rigid-flex PCBs for battery
management systems, inverters, and motor controllers, where thermal stability
and high current handling are critical. Overall, the automotive PCB market is
being shaped by electrification, connectivity, and autonomous technologies,
driving innovation in PCB design, materials, and manufacturing processes to
meet evolving vehicle requirements.
Global Automotive PCB Market
Regional Analysis
The global automotive PCB market
exhibits significant regional variation driven by automotive production, EV
adoption, and electronics integration. Asia-Pacific dominates the market, led
by countries such as China, Japan, South Korea, and India, due to high vehicle
production, rapid adoption of electric vehicles, and growing demand for
advanced infotainment and ADAS systems. North America is a major market,
supported by strong EV penetration, autonomous vehicle development, and the
presence of leading automotive PCB manufacturers. Europe shows steady growth,
fueled by stringent safety and emissions regulations, investments in connected
and electric vehicles, and a focus on sustainable automotive electronics.
Emerging regions, including Latin America and the Middle East & Africa, are
witnessing gradual expansion as vehicle production increases and demand for
telematics, safety systems, and electrified powertrains rises. Overall,
regional market dynamics are influenced by regulatory frameworks, production
scale, EV adoption, and technological advancements in automotive electronics.
Global Automotive PCB Market Key Players
·
TTM Technologies
·
Unimicron Technology Corporation
·
Meiko Electronics Co. Ltd.
·
Samsung Electro-Mechanics
·
Nippon Mektron Ltd.
·
Tripod Technology Corporation
·
Amitron Corporation
·
CMK Corporation
·
Daeduck Electronics Co. Ltd.
Recent Developments
In September 2024, Samsung
Electro‑Mechanics
entered into a strategic partnership with Stellantis to develop next-generation
printed circuit board (PCB) solutions for electric vehicle (EV)
battery-management systems. This collaboration aims to address the growing
demand for highly reliable, high-performance PCBs capable of handling the
complex power and thermal requirements of modern EV batteries. Samsung Electro‑Mechanics
brings its expertise in multilayer and high-density PCBs, while Stellantis
contributes insights from its EV platforms and battery architectures.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.