Indian PCB (Printed Circuit Board) Market 2025-2033
According to IMARC Group's report titled "Indian PCB (Printed Circuit Board) Market Report by Manufacturing Type (Bare PCBs, Populated PCBs), Application (Consumer Electronics, Communication, Industrial Electronics, Computers, Military & Aerospace, Automotive, Medical Instrumentation, and Others), Product Type (Rigid 1-2 Sided, Standard Multilayer, Flexible Circuits, HDI/Microvia/Build-Up, Rigid Flex, and Others), Layer (Single-Sided, Double-Sided, Multi-Layer), Segment (Rigid PCBs, Flexible PCBs), Laminate Type (FR-4, Polyamide, CEM-1, Paper, and Others), and Region 2025-2033", the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
How Big is the Indian PCB (Printed Circuit Board) Industry ?
The Indian PCB (printed circuit board) market size was valued at USD 6.3 Billion in 2024 and is projected to grow to USD 24.7 Billion by 2033, with an expected compound annual growth rate (CAGR) of 15.58% from 2025 to 2033.
Indian PCB (Printed Circuit Board) Market Trends:
The Indian PCB industry is undergoing significant changes driven by technological advancements in electronics manufacturing and the growing demand for consumer electronics, automotive electronics in addition to industrial use. One of the major developments is the shift to HDI (HDI) PCBs that are designed to work with compact and high-performance devices like smartphones as well as IoT-enabled devices. In addition, the emergence technological advancements in the 5G area is causing the demand for high-end PCBs capable of processing higher frequencies and faster data transmission.
Government's "Make the India" initiative has also accelerated the domestic PCB production, decreasing dependence on imports. In addition, sustainability is now becoming more important and manufacturers are adopting eco-friendly methods and materials to be in line with the global standards for environmental protection. Another trend to watch is the increasing use of rigid and flexible PCBs used in wearable technology as well as medical devices that offer increased quality and flexibility in design. Additionally the automation process and AI integration into PCB manufacturing have improved accuracy and efficiency, which enables quicker turnaround times. These developments illustrate the fast-paced nature that is the Indian PCB industry, making it an important component of the supply chain for electronics in India.
Request Free Sample Report: https://www.imarcgroup.com/indian-pcb-market/requestsample
Indian PCB (Printed Circuit Board) Market Scope and Growth Analysis:
The Indian PCB market is a huge source of opportunities for growth, aided by the growing electronics industry and the increasing investment in infrastructure. The automotive industry is a major driver of growth and is seeing a rise in demand in electric vehicle (EVs) as well as advanced drivers-assistance technology (ADAS) which require high-end PCBs. In addition the aerospace and defense sectors are a major factor in the expansion of market because PCBs are crucial to communications devices, radar technologies and Avionics. The segment of consumer electronics remains the dominant player and laptops, smartphones and smart home devices generating constant demand.
Additionally, policies of the government that promote local manufacturing, like those under the Production Linked Incentive (PLI) scheme, is encouraging foreign and domestic players to set up PCB manufacturing facilities in India. Furthermore, the rising adoption in IoT as well as AI across various industries is predicted to increase PCB use. With a highly skilled workforce and increasing technology, India is well-positioned to become a world-class hub for PCB manufacturing. The growth of the market underscores the potential for it to play an important part in India's economic and industrial growth.
By the IMARC Group, the Top Competitive Landscapes Operating in the Industry:
- AT&S
- Epitome Components Ltd.
- Shogini Technoarts
- Cipsa Tec India Pvt Ltd
- Nano Electrotech Pvt Ltd
- PCB Power Ltd
- Sulakshana Circuits Ltd
- Vintek Circuit India Pvt Ltd
- Hi-Q Electronics Pvt Ltd
- Meena Circuit Pvt Ltd
- India Circuit Ltd (Garg Electronics)
Comprehensive Market Report Highlights & Segmentation Analysis:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Indian PCB (printed circuit board) market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Manufacturing Type Insights:
- Bare PCBs
- Populated PCBs
Application Insights:
- Consumer Electronics
- Communication
- Industrial Electronics
- Computers
- Military & Aerospace
- Automotive
- Medical Instrumentation
- Others
Product Type Insights:
- Rigid 1-2 Sided
- Standard Multilayer
- Flexible Circuits
- HDI/Microvia/Build-Up
- Rigid Flex
- Others
Layer Insights:
- Single-Sided
- Double-Sided
- Multi-Layer
Segment Insights:
- Rigid PCBs
- Flexible PCBs
Laminate Type Insights:
- FR-4
- Polyamide
- CEM-1
- Paper
- Others
State Insights:
- Maharashtra
- Tamil Nadu
- Karnataka
- Gujarat
- Other States
Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=1103&flag=C
Other Key Points Covered in the Report:
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
