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Global Aerospace & Defense PCB Market Comprehensive Study: Forecasted Market Size And Growth Rate | Epec Engineered Technologies LLC, Amitron Corporation, Corintech Ltd., Delta Circuits Inc., MEDIATEK INC
Aerospace & Defense PCB Market Characteristics
The Business Research Company offers in-depth market insights through Aerospace & Defense PCB Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The aerospace & defense pcb market size has grown steadily in recent years. It will grow from $1.33 billion in 2023 to $1.38 billion in 2024 at a compound annual growth rate (CAGR) of 3.1%. The growth in the historic period can be attributed to increasing complexity of avionics systems, miniaturization of electronics, focus on lightweight materials, rising demand for commercial aircraf..
The aerospace & defense pcb market size is expected to see steady growth in the next few years. It will grow to $1.58 billion in 2028 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to rise of electric and hybrid aircraft, expansion of space exploration programs, increased use of unmanned systems, growing demand for satellite systems, demand for high-speed and high-frequency pcbs .. Major trends in the forecast period include flexible and rigid-flex pcb adoption, high-density interconnect (hdi) integration, use of advanced materials, integration of embedded components, rapid prototyping and iterative design..
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Market Segmentation:
The aerospace & defense pcb market covered in this report is segmented -
1) By Type: Single Sided, Double Sided, Multilayer
2) By Design: Rigid PCB, Flexible PCB, Rigid-Flex PCB, High-Density Interconnect
3) By Aircraft: Narrow-body Aircraft, Wide-body Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, UAV, Spacecraft
4) By Application: Radar Installations, Power Supplies, Power Conversion, Radio Communication, Lighting, Engine Control Systems, Other Applications
Major Driver - Unmanned Aerial Vehicles (UAVS) Surge Is A Catalyst For Growth In The Aerospace And Defense PCB Market
The increasing demand for commercial and military UAVs is expected to propel the growth of the aerospace and defense PCB market going forward. Military unmanned aerial vehicles (UAVs), also known as military drones, are unmanned aerial vehicles designed and used by the military for a variety of purposes. These UAVs can be remotely piloted or fly autonomously using pre-programmed flight plans or artificial intelligence. Aerospace and defense PCBs are critical in the design and manufacture of military UAVs, allowing these advanced systems to operate safely and reliably in the most demanding environments and missions. For instance, in December 2022, according to Skykam Technical Inspections, a UK-based drone solutions company, the global drone market worth $43 billion in 2022, where personal drones are 94% of unit sales in the drone. Further, according to the Federal Aviation Administration, there were 855,860 registered drones in the United States in 2023 and Therefore, the increasing demand for commercial and military UAVs is driving the growth of the aerospace and defense PCB market going forward.
Competitive Landscape:
Major companies operating in the aerospace & defense pcb market report are Epec Engineered Technologies LLC, Amitron Corporation, Corintech Ltd., Delta Circuits Inc., MEDIATEK INC., Advanced Circuits, Advanced Circuits Inc., SCHMID Group, Technotronix, Surface Mount Technology Centre Corporation, Sanmina Corporation, IEC Electronics Corporation, Firan Technology Group Corporation, Amphenol Printed Circuits Inc., Unimicron Technology Corporation, Microsemi Semiconductor, InterCAX LLC, Mer-Mar Electronics, Coat-X AG, IDEAS Engineering & Technology, Q-FLEX Industries, Rogers Corporation, Isola Group, Park Electrochemical Corp., Ventec International Group, Arlon Electronic Materials, Taconic Advanced Dielectric Division, Wurth Electronics Midcom Inc., Cirexx International, Multilayer Prototypes Inc., Sierra Circuits Inc., Sunstone Circuits, Bittele Electronics Inc. .
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Top Trend - Advancing Aerospace And Defense Pcbs With Cutting-Edge Technology
Technological advancements are a key trend gaining popularity in the aerospace and defense PCB markets. Major companies operating in the aerospace and defense PCB market are adopting new technologies to sustain their position in the market. For instance, in June 2022, PCB Technologies Ltd., an Israel-based company that produces printed circuits and assembles electronic devices, launched the iNPACK for aerospace and defense PCBs. It is uniquely designed with cutting-edge technology that improves signal integrity and reduces unwanted inductance effects. It utilizes powerful components that improve functionality and embedded coins for heat dissipation.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Aerospace & Defense PCB Market Characteristics
3. Aerospace & Defense PCB Market Trends And Strategies
4. Aerospace & Defense PCB Market - Macro Economic Scenario
5. Aerospace & Defense PCB Market Size And Growth
…..
27. Aerospace & Defense PCB Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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