Aerospace & Defense PCB Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
14 Jun, 2023
The global aerospace & defense PCB market size is expected to grow from $1.29 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aerospace & defense PCB market size is expected to reach $1.49 billion in 2027 at a CAGR of 2.9%.
Global Aerospace & Defense PCB Market Key Driver
The rising demand for commercial and military unmanned aerial vehicles (UAVs) is likely to drive the growth of the aerospace and defence PCB market in the coming years. Military drones, commonly known as unmanned aerial vehicles (UAVs), are unmanned aerial aircraft manufactured and utilised by the military for a number of objectives. These unmanned aerial vehicles (UAVs) can be remotely piloted or flow independently utilising pre-programmed flight plans or artificial intelligence. Aerospace and defence printed circuit boards (PCBs) are crucial in the design and construction of military unmanned aerial vehicles (UAVs), allowing these advanced systems to operate safely and reliably in the most demanding conditions and missions.
Get a sample of the global aerospace & defense PCB market reportGlobal Aerospace & Defense PCB Market Segments
The global aerospace & defense PCB market 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
5) By Geography: The regions covered in the aerospace & defense PCB market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global aerospace & defense PCB market.
Major Aerospace & Defense PCB Industry Players
Epec Engineered Technologies LLC, Amitron Corporation, Corintech Ltd., Delta Circuits Inc., TTM Technologies Inc., Advanced Circuits, APCT Inc., SCHMID Group, Technotronix, Surface Mount Technology Centre Corporation, Sanmina Corporation, IEC Electronics Corporation, Firan Technology Group Corporation, Amphenol Printed Circuits Inc., Unimicron Technology Corporatio
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Aerospace & Defense PCB Market Overview
Aerospace and defense PCB (Printed Circuit boards) are specialized circuit boards that are designed to be used in aerospace and defense applications. These PCBs are designed to meet the specific requirements and standards of the aerospace and defense industries. Aerospace and defense PCBs are used as flight control systems, communication systems, and navigation systems.
Aerospace & Defense PCB Global Market Report 2023 provides data on the global aerospace & defense PCB market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The aerospace & defense PCB market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.