Moreover, rise of healthcare investments, growing consumption of consumer electronic products and many others are further analyzed to propel the need for PCBs in the long run.European Printed Circuit Board Market Report CoverageThe report: “European Printed Circuit Board Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the European Printed Circuit Board industry.
By Board Type: Rigid 1-2 Sided, Standard Multilayer, HDI/Microvia/Build-up, IC Substrate, Flexible Circuits, Rigid Flex, OthersBy Materials Used: Copper, Tin, Nickel, Iron, Lead, Aluminum, Zinc, Silver, Gold, Palladium, Bismuth, Chromium, OthersBy Components: Capacitors, Diodes, Integrated Circuits, Resistors, OthersBy End Users: Aerospace & Defense, Automotive, Industrial Electronics, Consumer Electronics, Maritime Transport, Healthcare & PharmaceuticalBy Country: Nordics, U.K, Germany, France, Italy, Spain, Benelux, Switzerland, Austria, Others.Key TakeawaysGrowing shift towards electric vehicles in Europe along with technological advancements like AI and IoT is analyzed to significantly drive the European Printed Circuit Board market during the forecast period 2021-2026.Industrial Electronics had accounted for the largest market share in 2020, attributed to the factors including growing demand for industrial robots, shift towards industrial automation and so on.Presence of some of the key market players such as Schweizer Electronik AG, Wurth Electronik GmbH & Co. KG and many others have helped in boosting the market growth of PCBs in Germany.European Printed Circuit Board Market, By End User, 2020For More Details on This Report - Request for SampleEuropean Printed Circuit Board Market Segment Analysis- By Components By components, European Printed Circuit Board market is segmented under Capacitors, Diodes, Integrated Circuits, Resistors and Others.
Integrated circuits (IC) can be referred as an assembly of electronic components like resistors, capacitors, transistors and so on in miniature form fabricated upon a semiconductor substrate.
According to International Federation Robotics, the European operational stock for industrial robots had reached 580,000 units in 2019, showing an increase of 7% from previous year, with Germany, Italy, France and U.K being the top contributors.
High investments towards semiconductor chip manufacturing as well as rising demand towards medical equipment or devices are set to create new opportunities for the PCB within the country.
In response to this, Wurth Electronik announced about supplying PCBs required for rapid manufacturing of intensive care as well as mobile ventilators from its Germany based production sites.