Lucintel Forecasts the Global PCB Assembly Service Market is expected to grow with a CAGR of 4.8% from 2024 to 2030

According to a market report by Lucintel, the future of the global PCB assembly service market looks promising with opportunities in the telecommunication, consumer electronic, medical & healthcare, industrial & automation, and automotive & aerospace markets. The global PCB assembly service market is expected to grow with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing complexity and sophistication of electronic devices, ongoing advancements in PCB design software, assembly technologies, and manufacturing processes, and globalization of supply chains and the expansion of electronics markets worldwide.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in PCB assembly service market to 2030 by type (rigid PCB assembly, rigid-flex PCB assembly, fine-pitch SMT assembly, through-hole technology assembly, and wire/cable assembly), demand (OEM and ODM), end use (telecommunications, consumer electronics, medical & healthcare, industrial & automation, and automotive & aerospace), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, rigid PCB assembly, rigid-flex PCB assembly, fine-pitch SMT assembly, through-hole technology assembly, and wire/cable assembly are the major segments of PCB assembly service market by type. Lucintel forecasts that rigid PCB assembly is expected to witness the highest growth over the forecast period.

Within this market, telecommunication is expected to witness the highest growth.

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North America is expected to witness highest growth over the forecast period.

Ensign-Bickford Industries, Kolpak Industries, CJI Process Systems, Primo Manufacturing Services, Altek Corporation, Flextronics, and Serpac Electronics Manufacturing and Design Solutions are the major suppliers in the PCB assembly service market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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