The global aerospace & defense PCB market size is expected to reach USD 1.54 billion by 2028 according to a new study by Polaris Market Research. The report “Aerospace & Defense PCB Market Share, Size, Trends, Industry Analysis Report, By Product (Single-Sided PCB, Double-Sided PCB, Multi-Layered PCB); By Aircraft; By Application; By Design; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Key factors proliferating the global market include the trend of more and more electric aircraft, shift from traditional hydraulic and pneumatic systems to electrical systems in aircraft, robust growth in space launches driven by increasing small satellites and expected increase in aircraft production and deliveries with a gradual recovery in air traffic. Among product types, flexible sub segment showcase the highest growth in the global aerospace & defense market, driven by an increasing need for design freedom in electrical systems, and increasing demand for these with capabilities to be used on different substrates and harsh environmental conditions.
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Furthermore, growing complexity in electronic components with more and more need for power in an aircraft onboard substantiates the demand across the globe. North America represents a gigantic share in the global aerospace & defense market driven by a host of factors such as high dominance in military aircraft and business jet manufacturing, the leader in satellites launch vehicles, one of the largest commercial aircraft manufacturing bases, and increased penetration of electrical components in the platforms.
Major Participants such as Technotronix.us, NexLogic Technologies Inc, Amitron Corporation, Corintech Ltd., Delta Circuits Inc., TTM Technologies Inc., Excello Circuits Inc., Advanced Circuits., FiranTechnologies Group Corporation, Saline Lectronics, Inc., SCHMID Group, SMTC Technologies Inc., and Epec Engineered Technologies are some of the key players competing globally.
Polaris Market Research has segmented the aerospace & defense PCB market report on the basis of aircraft, application, design, product, and region:
Aerospace & Defense PCB, Aircraft Outlook (Revenue, USD Billion, 2016 – 2028)
- Narrow-body Aircraft
- Wide-body Aircraft
- Regional Aircraft
- General Aviation
- Military Aircraft
Aerospace& Defense PCB, Application Outlook (Revenue, USD Billion, 2016 – 2028)
- Radar Installations
- Power Supplies
- Power Conversion
- Radio Communication
- Engine Control Systems
Aerospace & Defense PCB, Design Outlook (Revenue, USD Billion, 2016 – 2028)
- High-Density Interconnect
Aerospace & Defense PCB, Product Outlook (Revenue, USD Billion, 2016 – 2028)
Aerospace & Defense PCB, Regional Outlook (Revenue, USD Billion, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa