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How Printed Circuit Boards Power Our Everyday Gadgets

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“Printed circuit boards (PCBs) are the backbone of modern electronics. They connect electronic components, enabling devices to function.”

BOSTON, Dec. 12, 2024 /PRNewswire/ — According to the latest study from BCC Research, the demand for Printed Circuit Boards: Technologies and Global Markets was valued at $67.9 billion in 2023 and is projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% from 2024 through 2029.

This report looks at current trends in the global printed circuit board (PCB) market, using data from 2023 and forecasts from 2024 to 2029. It breaks down revenue by market segments such as assembly technology and PCB type, and by region, including North America, Europe and Asia-Pacific.

It explores what’s driving and challenging the market’s growth, identifies leading PCB manufacturers, and reviews new technologies and competitive factors in the industry. Additionally, the report assesses the impact of environmental, social, and governance (ESG) issues on the PCB sector.

Some Interesting facts:

Even after the pandemic ended, its effects were still being felt in 2023. The global PCB market suffered a significant decline due to factors like destocking and rising interest rates to curb inflation. The automotive and consumer electronics industries faced severe shortages of PCBs, which were in high demand because of 5G and the Internet of Things (IoT). This shortage led to higher prices, longer lead times, and stock-outs, affecting PCB manufacturers’ production.China, the U.S., Taiwan, and South Korea are major PCB producers. In 2023, China produced 53.3% of the world’s PCBs thanks to its large production capacity, cost-effective manufacturing, and strong supply chain.The trade conflict between the U.S. and China has significantly impacted the PCB market. U.S. imports from China dropped by 20.4% in 2023. As a result, the U.S. is shifting some PCB production to other regions, including Southeast Asia, with countries such as Vietnam and Taiwan becoming popular choices to avoid tariffs and diversify supply chains.Multilayer and high-density interconnection (HDI) are the most popular types of PCBs. They offer more design flexibility and higher circuit density, making them suitable for complex and compact electronics. They also provide better signal integrity, which is essential for high-speed communication in computer motherboards, smartphones, medical devices and aerospace electronics.

To gain a deeper understanding of the market’s dynamics and growth opportunities, click here.

Factors contributing to this market’s growth include:

Growing use of autonomous and electric vehicles (AVs/EVs): More vehicles are being designed to drive themselves and run on electricity instead of gasoline. This shift is driven by the desire for safer, eco-friendly transportation and is transforming the automotive industry by introducing new technologies and reducing reliance on fossil fuels.Demand for consumer electronics and IoT devices: Consumer electronics and IoT devices are becoming increasingly central to modern lifestyles, homes and workplaces. More and more people want gadgets like smartphones, smartwatches and smart home products. These devices make life easier and more connected by allowing us to control and monitor various aspects of our lives through the internet.Rising adoption of 5G technology: More people and businesses are starting to use the latest mobile network, which is faster and more reliable than previous ones (4G and LTE). This improved connectivity supports faster internet speeds, better streaming, and the ability to connect many devices at once.

Request a Sample Copy of the Report Printed Circuit Boards: Technologies and Global Markets

Report Synopsis

Report Metric

Details

Base year considered

2023

Forecast period considered

2024-2029

Base year market size

$67.9 Billion

Market forecast

$92.4 Billion

Growth rate

CAGR of 5.4% from 2024 to 2029

Segments covered

By Assembly Technology, PCB Type, Structure, Thickness, End-User Industry, and Region

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World (South America and the Middle East and Africa)

Countries covered

U.S., Canada, Mexico, Germany, U.K., France, China, Taiwan, South Korea, Japan and India

Market drivers

 

 Growing use of AVs/EVs Demand for consumer electronics and IoT devices Rising adoption of 5G technology

 

This report addresses the following questions:

What is the projected market size?
The global PCB market was valued at $67.9 billion in 2023 and will reach $92.4 billion by the end of 2029. The market is expected to see a robust CAGR of 5.4% during the forecast period.Which factors are driving the growth of the market?
These include the growing adoption of driverless and electric vehicles, increasing demand for consumer electronics and IoT devices, and rising adoption of 5G technology.Which PCB type will dominate the market by the end of 2029?
Multilayer PCBs will dominate the market by the end of 2029, driven by growing demand for high-performance and compact electronic devices.Which region has the highest share of the global PCB market?
In 2023, Asia-Pacific accounted for 89.5% in the global PCB market, due to the presence of so many leading semiconductor producers in the region, especially in China, Taiwan, Japan, and South Korea. In addition, favorable government policies, incentives to boost local manufacturing and expansion of the electronics manufacturing sector, and rising internet penetration with the adoption of smart electronic devices will drive the Asia-Pacific market’s growth.

Leading companies include:

ADVANCEDPCBAT&SCMK CORP.COMPEQ CO. LTD.DYNAMIC ELECTRONICS CO. LTD.FUJIKURA LTD.MEIKO ELECTRONICS CO. LTD.NAN YA PCB CO. LTD.NOK CORP.SANMINA CORP.SUMITOMO ELECTRIC INDUSTRIES LTD.SUZHOU DONGSHAN PRECISION MANUFACTURING CO. LTD.TTM TECHNOLOGIES INC.UNIMICRONZHEN DING TECH. GROUP TECHNOLOGY HOLDING LTD.

More Related reports:

Electric Vehicles and Fuel Cell Vehicles: Global Markets: This report covers trends, sales, and the outlook for these eco-friendly vehicles that run on electricity or hydrogen.

Industrial IoT (IIoT): Global Markets: IIoT refers to the use of connected devices and sensors in factories and industrial settings to improve efficiency and performance. The global market for IIoT is growing rapidly as businesses worldwide adopt these technologies to enhance operations, reduce costs, and increase productivity.

Purchase a copy of the report directly from BCC Research.

For further information or to purchase a report, please contact: info@bccresearch.com.

About BCC Research

BCC Research reports provide objective measurement and assessment of market opportunities. Our experienced industry analysts’ goal is to help readers make informed business decisions, free of noise and hype.

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Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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goeasy Ltd. Announces Voting Results from Special Meeting of Shareholders

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MISSISSAUGA, ON, Nov. 3, 2026 /CNW/ — goeasy Ltd. (TSX: GSY) (“goeasy” or the “Company”), one of Canada’s leading consumer lenders focused on delivering a full suite of financial services to Canadians with non-prime credit scores, announced today that its shareholders passed the resolution ratifying, confirming and approving the Company’s Shareholder Rights Plan adopted by the Company’s Board of Directors on May 12, 2026. The vote was conducted at the Company’s Special Meeting of Shareholders which took place on November 3, 2026. The results of the vote are set out below:

Number of Shares

Voted For

Percentage of

Votes Cast

Number of

Shares Voted

Against

Percentage of

Votes Cast

8,164,270

98.926 %

88,625

1.074 %

A full report on voting results is available under goeasy’s profile on SEDAR+ at www.sedarplus.ca.

About goeasy

goeasy Ltd. is a leading Canadian provider of non-prime consumer lending solutions, offering a suite of financial products through its easyfinancial, easyhome, and LendCare brands. goeasy offers unsecured and secured instalment loans, point-of-sale financing, and lease-to-own merchandise through its omni-channel model, which spans online, mobile, and hundreds of locations nationwide.

Driven by its team members’ dedication to expand access to credit for underserved communities and helping customers strengthen their financial futures, goeasy has proudly served more than 1.6 million customers while building an award-winning culture. Shares of goeasy Ltd. are listed on the Toronto Stock Exchange (TSX) under the symbol GSY. For more information, visit www.goeasy.com.

For investor inquiries, contact:

James Obright
Senior Vice President, Investor Relations & Capital Markets
investor_relations@goeasy.com

For media inquiries, contact:

mediainquiries@goeasy.com

SOURCE goeasy Ltd.

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Saigon Technology: Why Businesses Fear Modernizing Software in the AI Era

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SYDNEY, Nov. 4, 2026 /PRNewswire/ — Modernizing an entire software system often leaves businesses with two choices: invest heavily in an in-house team for a project that may not require the same resources later, or work with an experienced partner that already has the expertise in place.

While outsourcing offers greater flexibility, it also raises concerns about data security, business disruption, and finding a partner capable of handling complex systems.

Saigon Technology, an award-winning software engineering company with an AI-native delivery approach, believes businesses shouldn’t have to sacrifice security or stability to modernize. With the right partner, they can move forward while keeping everything under control.

66% of Australian Enterprises Lack Full Data Access Visibility

At many businesses, the existing systems may hold customer records, financial data, and core business processes. Giving a partner full access can create risks that businesses are not willing to take.

But modernization does not always require handing over the keys to the entire system.

Instead, companies can limit access to specific parts of their software, keep sensitive data in protected environments, and require approval before major changes are made. External engineers can work with test data or selected modules while the business keeps control of its main systems.

This allows businesses to gain the skills they need without giving up oversight of their most valuable technology assets.

Then Comes the Fear of Disruption

Data security is only half the concern. What happens if a system upgrade interrupts orders, payments, or customer services? For businesses that rely on software every day, even a short disruption can affect customers, staff, and revenue.

Yet upgrading software does not always mean shutting down the old system and moving everything to a new one overnight.

A safer approach is to make changes step by step. Parts of the system can be upgraded while the rest continues running. Old and new systems may also run side by side, giving teams time to test changes, check data, and fix issues before a full switch.

With clear backup and recovery plans, businesses can reduce risk and maintain essential services throughout the process.

The Way Forward: Modernize Without Losing Control

These concerns raise a key question: how can businesses move faster without taking on more risk? The answer lies in choosing a development partner that works within the client’s rules, rather than asking the client to give up control.

Saigon Technology takes a security-focused approach to enterprise software modernization. Depending on project needs, its engineering teams can apply multi-factor authentication (2FA), data encryption, VPN-secured access, and role-based permissions to protect sensitive information. With 3 development centers in Vietnam, the company also brings the engineering expertise and capacity needed to upgrade critical systems while minimizing disruption to daily operations.

Saigon Technology holds ISO/IEC 27001:2022 certification for information security management and ISO 9001:2015 certification for quality management, reinforcing its commitment to secure software delivery.

“Businesses should not have to choose between keeping their systems safe and moving forward with new technology. A good engineering partner helps them do both, without putting daily operations at unnecessary risk.” Shared by Thanh Pham, CEO of Saigon Technology.

As AI creates new opportunities, Saigon Technology believes the businesses best placed to benefit will be those that can embrace change without losing control of what already works.

About Saigon Technology

Saigon Technology is an AI-driven software engineering company with over 400 engineers. Serving clients across Australia and global markets, the company combines AI expertise, secure engineering, and flexible delivery models to build sustainable digital solutions.

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SOURCE Saigon Technology

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I AM ALS COMMUNITY CELEBRATES AS ACT FOR ALS BECOMES LAW AND MAKES HISTORY

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Community Advocates, Including Co-Founders Brian Wallach and Sandra Abrevaya and I AM ALS Ambassadors Late Actor Eric Dane and Former Pro Wrestler Tanea “Rebel” Brooks, Drive Landmark Win Securing Up to $500 Million in Funding and Therapy Access, and a Continued Path to a Cure

Download Photos/Logo Here
I AM ALS Celebration Video for ACT for ALS

WASHINGTON, Nov. 3, 2026 /PRNewswire/ — I AM ALS and its national force of advocates are celebrating as the President signed the ACT for ALS reauthorization bill into law. This comes after the Senate approved the bill by unanimous consent with just hours left until the law expired, even after the House went home early. The I AM ALS community first identified a major gap in access to investigational treatments and co-authored the original ACT for ALS Act to address it in 2021. Now, with years of success underway, the law has five more years to scale research infrastructure and treatment access, representing an investment of up to an additional $500 million for ALS.

“Over the past 7+ years, this community has changed what’s possible in ALS,” said I AM ALS co-founder Brian Wallach. “The I AM ALS community’s leadership has brought us closer than ever to a cure by unlocking over $2 billion for federal ALS research, expanding and protecting access to life-changing therapies, and accelerating scientific breakthroughs. We thank our ALS congressional champions—including sponsors Senators Coons (D-DE) and Murkowski (R-AK) and Representatives Quigley (D-IL-05) and Calvert (R-CA-41)—and all the tireless advocates who helped renew this historic legislation for five more years.”

Today’s law passage is groundbreaking and thanks to the significant efforts of I AM ALS’ community-led movement. Since ACT for ALS was first signed into law, I AM ALS has monitored and reported on the ground-breaking success of its implementation. Leading into the reauthorization year, I AM ALS built and deployed a comprehensive, multi-pronged advocacy campaign, including:

Building and strengthening relationships with Congressional champions,Deploying a vast grassroots army of volunteer leaders from across the country,Partnering with researchers, other organizations, and celebrity ambassadors—most notably the late actor Eric Dane and professional wrestler Tanea “Rebel” Brooks—to strengthen and amplify our message, andEngaging with top experts in government affairs and public relations.

This year alone, I AM ALS held more than 430 in-person and virtual advocacy meetings and calls, secured more than 38,000 online actions, sent more than 95,000 emails, and gathered more than 20,100 petition signatures in the final weeks before expiration.

Unlike any other legislation the neurodegenerative landscape has ever seen, ACT for ALS has already invested hundreds of millions of dollars into ALS research, provided investigational therapy access for more than 800 patients who would not otherwise have qualified, and built lasting infrastructure for future learnings.

“These past months didn’t just get a critical bill passed; they inspired a community that continually renews itself, welcomes new advocates, develops new leaders, and ensures that every generation is ready to fight for the next breakthrough,” said Troy Fields, volunteer co-chair of the I AM ALS legislative affairs team, and person living with ALS. “ALS is relentless, but we continue to prove so are we.”

“For the past five years, the ACT for ALS has advanced scientific research and helped people with ALS access the promising treatments they need. This reauthorization of the bill continues that work and lends hope to a future where there is a cure for ALS,” said Congressman Quigley. “I’m glad this important bill was signed into law, and I’m thankful to my colleagues in both the House and the Senate for getting this done.”

“I’m thrilled that the ACT for ALS Reauthorization Act has been signed into law, renewing our commitment to finding cures and treatments for ALS,” said Rep. Calvert. “As a Co-Chair of the bipartisan ALS Caucus, I know just how hard those impacted by ALS have worked to get this bill enacted and I applaud their tireless advocacy. With the ACT for ALS Reauthorization Act officially signed into law, we celebrate this victory while remaining focused on the work ahead to end this terrible disease.”

I AM ALS is calling on supporters to thank the Congressional champions who helped make this law possible at bit.ly/A4A-TY 

About I AM ALS

I AM ALS is a nonprofit organization leading what STAT News called the most successful patient advocacy campaign this century. We built a community movement to harness collective power and find treatments and a cure for ALS faster, while also creating lasting, systemic change. Our focus is on three areas:

Advocating for federal policy change to drive research, support, and treatments for ALS.Improving quality of life by providing volunteer and support opportunities to advocates and people living with ALS.Mobilizing and empowering advocates to raise awareness about ALS and other neurodegenerative diseases, and increase visibility of the ALS experience.

Learn more at www.iamals.org

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SOURCE I AM ALS

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