25/25 and 30/30 um Segment has the Largest Share of Line/Space in the Europe Substrate like PCB Market during 2021–2028
According to our latest study on “Europe Substrate like PCB Market Forecast to 2028 – COVID-19 Impact and Analysis – by Line/Space/ Inspection Technology, and Application,” the market is projected to reach US$ 173.4 million by 2028 from US$ 79.8 million in 2021; it is expected to grow at a CAGR of 11.7% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increasing acceptance of substrate-like PCB in OEMs, smart consumer electronics, and wearable devices and growing due to the demand for downsizing and effective connectivity solutions. However, the fluctuations with the raw material prices are expected to restrict the market growth during the forecast period.
The member states of Europe such as Italy, Spain, and Germany have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries represent huge market opportunities for substrate-like PCB adoption and growth due to the high purchasing power of individual customers and boosting advanced technologies such as 5G and IoTs. However, due to COVID-19, the manufacturing of PCB devices has seen a sharp decline in European countries, and the automotive and other industries are under stress till Mid-2021. In addition to this, the disruptions in raw materials and electronic component supply from China will further aggravate the manufacturing industries in this region. All these factors are expected to have a direct negative impact on a substrate like PCB market growth in European countries.
Based on line/space, the Europe substrate like PCB market is bifurcated into 25/25 and 30/30 um and less than 25/25 um. In 2021, the the less than 25 um segment held the largest market share during the forecast period. Also, the same segment is estimated to register the highest CAGR during the forecast period. End customers are increasingly demanding thinner/smaller but more functioning smartphones, necessitating a reduction in the board area. As a result, minimum line spacing (i.e., the space between lines, via, components, layers, and so on) must be maintained in order to build a larger battery. Apple and Samsung, for example, have used SLP with 25/25 and 30/30 m line/space in their devices.
Compaq Manufacturing Co., Ltd., Ibiden Co, Ltd., Kinsus Interconnect Technology, SAMSUNG ELECTRO-MECHANICS CO, Ltd, AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Zhen Ding Tech. Group Technology Holding Limited, Korea Circuit, and Unimicron Technology Corp. are among the leading companies in the Europe substrate like PCB market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for substrate like PCB market is segmented into line/space, inspection technology, and application. Based on line/space, the Europe substrate like PCB market is segmented25/25 and 30/30 um and less than 25/25 um. Based on inspection technology, the substrate like PCB market is segmented into automated optical inspection, direct imaging, and automated optical shaping. Based on application, the substrate like PCB market is segmented into consumer electronics, automotive, medical, industrial, and others. Geographically, the substrate like PCB market is segmented into Europe (Germany, France, Italy, Russia, UK, Rest of Europe).
Contact Us
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com