Automotive PCB Market Worth by USD 16.43 Billion by 2034 | CAGR: 5.4%

The global automotive PCB market size is expected to reach USD 16.43 billion by 2034, according to a new study by Polaris Market Research. The report “Automotive PCB Market Size, Share, Trends, Industry Analysis Report: By Type (Single-Sided PCB, Double-Sided PCB, and Multi-Layer PCB), Vehicle Type, Application, Fuel Type, Sales Channel, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

An automotive printed circuit board (PCB) is a circuit board designed for use in vehicles. It plays a crucial role in the functioning of various automotive electronic components, including airbag sensors, GPS control, and front lights. Automotive PCBs are usually made using prefabricated materials such as ceramic-filled PTFE and flame-retardant fiberglass epoxy laminate, giving them the ability to withstand high temperature and humidity conditions.

The growth of the global population and the expansion of the global automotive industry majorly drive the automotive PCB market growth. The rising emphasis on road safety and increasing demand for vehicles in emerging economies boost the market growth. The growing trend of miniaturization, intelligence, and electrification in the automotive market is anticipated to drive the demand for advanced automotive PCBs. For instance, Tesla introduced the 4680 battery cell in its Model Y in 2023. The new cell, designed to be more cost-effective and energy-efficient than previous Tesla battery cells, relies on advanced PCBs for power distribution and safety management within the battery management system (BMS).

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/automotive-pcb-market/request-for-sample

The rising penetration of electric and hybrid vehicles; the increasing demand for luxury, comfortable, and technologically advanced vehicles; and the introduction of stringent government regulations on vehicular safety and emissions are accelerating the automotive PCB market expansion. Emerging markets and technological advancements are expected to provide significant growth opportunities for businesses in the market.

Automotive Printed Circuit Board Market Report Highlights

• By type analysis, the double-sided PCB segment accounted for the largest share of the automotive PCB market in 2024. Double-sided PCBs provide intermediate-level complexity at comparatively lower costs than multi-layer PCBs and have applications in various automotive levels of autonomy.
• By application analysis, the ADAS segment is expected to witness the highest growth from 2025 to 2034. The segment’s dominance can be attributed to the recent developments in ADAS systems and their increased implementation in vehicles.
• Asia Pacific dominates the global automotive PCB market share, owing to the rising government initiatives and increasing utilization of electric vehicles and autonomous vehicles.
• Europe accounts for the second-largest share of the global market. The presence of stringent regulations and increased efforts to reduce carbon emissions drive the adoption of electric and hybrid vehicles, thereby boosting the demand for advanced PCBs in the region.
• Nippon Mektron, Samsung Electro-Mechanics, Delphi Automotive, Meiko Electronics, Tripod Technology, CMK Corporation, KCE Electronics, Unimicron Technology, Daeduck Electronics, and Chin Poon Industrial are among the key players in the market.

Polaris Market Research has segmented the automotive PCB market on the basis of type, vehicle type, application, fuel type, sales channel, and region:

By Type Outlook

• Single-Sided PCB
• Double-Sided PCB
• Multi-Layer PCB

By Vehicle Type Outlook

• Passenger Vehicles
• Commercial Vehicles

By Application Outlook

• Powertrain
• Body and Lighting
• Infotainment
• ADAS and Safety
• Others

By Fuel Type Outlook

• Internal Combustion Engine
• Hybrid
• Electric

By Sales Channel Outlook

• OEM
• Aftermarket

By Regional Outlook

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa

• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Automotive PCB Market Report Scope