The 5G PCB market will grow from USD 9.572 billion in 2025 to USD 14.162 billion in 2030 at a CAGR of 8.15%.
Printed circuit boards (PCBs) through conductive pathways provide mechanical support to electronics equipment, owing to which they form an integral part of the equipment. The growing transition from 4G to 5G has established a new framework associated with the design and material usage in PCBs to improve overall performance. In comparison to its predecessor, the 5G network features a quick response rate and wider network coverage, which is driving its applicability in major sectors such as telecommunication, consumer electronics, automotive, and industrial, among others.
Major economies, namely China, the United States, and Japan, are experiencing a significant boom in consumer electronics demand and consumption, which has bolstered the overall manufacturing output of these nations. For instance, according to the National Bureau of Statistics, in November 2023, the production output of China’s communication equipment, computers, and other electronics experienced a 10.6% growth over the previous year.
Technological advancement has paved the way to solve industrial complexities, and with the constant boom in 5G product demand, investments are being made in smart manufacturing. Hence, governments as well as various private companies are initiating strategies to bolster industrial automation, which has propelled the scope of 5G smart factories in major economies.
For instance, in May 2024, Ericsson announced additional funding of US$50 that would be used in the expansion of its 5G smart factory situated in Texas. The expansion would enable the company to address the growing demand for 5G infrastructure in the USA.
Likewise, in October 2023, VVDN Technologies, in collaboration with Telit Cinterion and the Union Minister of Railways, Communication, Electronics, Information & Technology, established a dedicated SMT line for manufacturing 5G connectivity modules. The new establishment will cater to the growing 5G demand for high-tech products.
Based on end-users, the 5G PCBs market is divided into automotive, telecommunication, consumer electronics, industrial, and others. Telecommunication and consumer electronics are anticipated to hold a significant market share, fueled by the favorable investment in the commercialization of private 5Gs. Moreover, the boom in modern technological options usage is further driving the demand for wireless communication networks, thereby positively impacting the PCB's demand for 5G applications in such sectors.
Hence, companies are investing in new facility establishments, MOUs, strategic partnerships, and mergers to improve their product offerings, which is acting as an additional driving factor. For instance,
5G PCB market, based on geography, consists of major countries, namely the United States, China, Japan, South Korea, and Germany, among others. The mentioned countries are experiencing significant growth in their 5G transition, backed by favorable government investments and policies. Moreover, product launches and the ongoing “Industry 4.0,” which aims to bolster industrial automation, are acting as additional factors for regional market growth.
Some of the leading players in the market include PCBMay, Epec, and Jagrat RF Solutions, among others. The product offerings of the major corporation include the following:
|
COMPANY NAME |
PRODUCT NAME |
DESCRIPTION |
|
PCBMay |
20-layer PCB |
PCBMay’s “20 Layer PCB” is available in six modules inclusive of “20 Lay Rigid PCB”, “20 Layer Rigid-Flex PCB”, “High Power 20 Layer PCB”, and “High Current 20 Layer PCB” among others which holds a wider scope of industrial applicability such as in automotive, electronics and telecommunication components. |
|
Millenium Circuits Limited |
High-Density PCBs |
Millennium’s “High-Density Interconnect PCBs” find high applicability in the electronics sector and are specifically designed to meet the growing demand for lightweight miniaturized equipment. Their smaller aspect ratio enables them to provide reliable performance. |
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| 5G PCB Market Size in 2025 | US$9.572 billion |
| 5G PCB Market Size in 2030 | US$14.162 billion |
| Growth Rate | CAGR of 8.15% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the 5G PCB Market |
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| Customization Scope | Free report customization with purchase |
The 5G PCB Market is analyzed into the following segments: