logo
#

Latest news with #PCBMarket

Canada Printed Circuit Board Market Trends, Forecasts and Competitive Landscape Report 2021-2024 & 2025-2030
Canada Printed Circuit Board Market Trends, Forecasts and Competitive Landscape Report 2021-2024 & 2025-2030

National Post

time28-05-2025

  • Automotive
  • National Post

Canada Printed Circuit Board Market Trends, Forecasts and Competitive Landscape Report 2021-2024 & 2025-2030

Article content Article content DUBLIN — The 'Canada Printed Circuit Board Market | Size, Outlook, Companies, Analysis, Value, Segmentation, Forecast, Growth, Share, Industry, Revenue & Trends: Market Forecast By Types, By Substrate, By End-users And Competitive Landscape' report has been added to offering. Article content Canada Printed Circuit Board Market is projected to grow at a CAGR of 4.5% from 2025-2031F. The Canada PCB market is set for robust growth in the coming years, driven by several factors. Article content The Canada Printed Circuit Board (PCB) market is experiencing robust growth, fueled by advancements in electronics and rising consumer demand across various industries. The automotive sector, where PCBs are integral, saw a substantial production increase from $55.23 billion in 2020 to $74.6 billion in 2023, driven by the industry's transition to electric vehicles (EVs). Similarly, the aerospace sector is benefiting from investments like the Strategic Innovation Fund's (SIF) $350 million initiative in 2023 to support Sustainable Aviation Technology, creating demand for specialized PCBs used in green technologies. Article content The telecommunications sector is also a significant contributor, with the widespread deployment of 5G and the growing use of Internet of Things (IoT) devices further boosting the market. The Canadian manufacturing sector, which contributed $174 billion (10% of GDP) in 2023, plays a pivotal role in this expansion. As industries like defense, healthcare, and telecommunications continue to evolve, the demand for PCBs in these applications is expected to accelerate, fostering sustained growth in the market. The expansion of electric vehicles, with over 85,500 annual sales of battery electric and plug-in hybrid vehicles, is increasing the demand for high-performance PCBs in the automotive sector. Government targets of 60% zero-emission vehicle sales by 2030 further accelerate this growth. Additionally, the continued rollout of 5G networks, along with the rapid expansion of Internet of Things (IoT) devices, drives consistent demand for advanced PCBs in telecommunications and consumer electronics. Article content The integration of AI with 5G networks necessitates high-speed, low-latency PCBs, while Canada's Quantum 2030 strategy, which fosters innovation in quantum hardware, further enhances the market's growth potential. Furthermore, the Canadian government's commitment to investing US$29 billion over 20 years in modernizing defense systems, including surveillance, command and control, and air weapons systems, would also increase demand for advanced PCBs in defense applications. Collectively, these factors would significantly boost demand, ensuring a prosperous future for Canada's PCB market. Article content In Canada Printed Circuit Board Market, Multilayer PCBs has the highest potential for growth as they have a vital role to play in high-tech industries including automotive, healthcare as well as telecommunications. Article content The sector which holds the maximum revenue share in Printed Circuit Board Market of Canada is the automotive sector. Owing to the nation's expanding focus on electric vehicle, smart infotainment solutions and advanced driver-assistance systems automotive sector is holding the largest market share. Article content Key Topics Covered: Article content 1. Executive Summary Article content 2. Introduction Article content 2.1. Report Description Article content 2.2. Key Highlights of the Report Article content 2.3. Market Scope & Segmentation Article content 2.4. Research Methodology Article content 2.5. Assumptions Article content 3. Canada Printed Circuit Board Market Overview Article content 3.1. Canada Printed Circuit Board Market Revenues, 2021-2031F Article content 3.2. Canada Printed Circuit Board Market Industry Life Cycle Article content 3.3. Canada Printed Circuit Board Market Porter's Five Forces Article content 4. Canada Printed Circuit Board Market Dynamics Article content 4.1. Impact Analysis Article content 4.2. Market Drivers Article content 4.3. Market Restraints Article content 5. Canada Printed Circuit Board Market Trends And Evolution Article content 6.1. Canada Printed Circuit Board Market Revenue Share, By Product Type, 2024 & 2031F Article content 6.1.1. Canada Printed Circuit Board Market Revenues, By Single Sided PCBs, 2021-2031F Article content 6.1.2. Canada Printed Circuit Board Market Revenues, By Double Sided PCBs, 2021-2031F Article content 6.1.3. Canada Printed Circuit Board Market Revenues, By Multi Layer PCBs, 2021-2031F Article content 6.1.4. Canada Printed Circuit Board Market Revenues, By Rigid PCBs, 2021-2031F Article content 6.1.5. Canada Printed Circuit Board Market Revenues, By Flexible PCBs, 2021-2031F Article content 6.1.6. Canada Printed Circuit Board Market Revenues, By Rigid-Flex PCBs, 2021-2031F Article content 6.1.7. Canada Printed Circuit Board Market Revenues, By HDI PCBs, 2021-2031F Article content 7. Canada Printed Circuit Board Market Overview, By End User Article content 7.1. Canada Printed Circuit Board Market Revenue Share, By End User 2024 & 2031F Article content 7.1.1. Canada Printed Circuit Board Market Revenues, By Consumer Electronics, 2021-2031F Article content 7.1.2. Canada Printed Circuit Board Market Revenues, By Automotive, 2021-2031F Article content 7.1.3. Canada Printed Circuit Board Market Revenues, By Aerospace and Defence, 2021-2031F Article content 7.1.4. Canada Printed Circuit Board Market Revenues, By Healthcare, 2021-2031F Article content 7.1.5. Canada Printed Circuit Board Market Revenues, By Industrial Equipment, 2021-2031F Article content 7.1.6. Canada Printed Circuit Board Market Revenues, By Telecommunications, 2021-2031F Article content 10.3. Canada Printed Circuit Board Market Competitive Benchmarking, By Operating Parameters Article content 11. Company Profiles Article content 11.1. Enigma Interconnect Corp. Article content 11.2. CCI Canadian Circuits Article content 11.3. Crimp Circuit Canada Inc. Article content 11.4. Candor Circuits Boards Article content 11.5. RLX Solutions Article content 11.6. Metaplast Circuits Limited Article content 11.7. Summit Interconnect Article content 11.8. PFC Flexible Circuits Limited Article content 11.9. Circuit Tech Inc. Article content 11.10. Firan Technology Group Corporation Article content 12. Key Strategic Recommendations Article content is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Article content Article content Article content Article content Article content Contacts Article content Article content

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store