PUBLISHER: KBV Research | PRODUCT CODE: 1649302
PUBLISHER: KBV Research | PRODUCT CODE: 1649302
North America Multilayer Printed Circuit Board Market Size, Share & Trends Analysis Report By Layer (Layer 4 to 6, and Layer 6 & Above), By Substrate (Rigid, Flexible, and Rigid-Flex), By End Use Industry, By Country and Growth Forecast, 2024 - 2031
The North America Multilayer Printed Circuit Board Market would witness market growth of 4.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Multilayer Printed Circuit Board Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $19,754 million by 2031. The Canada market is experiencing a CAGR of 6.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2024 - 2031).
A Multilayer Printed Circuit Board (PCB) is a sophisticated type of PCB that consists of multiple layers of conductive material (usually copper) separated by insulating layers (often made of materials like fiberglass or resin). These layers are stacked and laminated under high pressure and temperature to form a cohesive structure. Unlike single-layer or double-layer PCBs, multilayer PCBs are designed to handle more complex circuits, enabling the integration of multiple functionalities in a compact form.
The ever-growing demand for smaller and more efficient electronic devices is a major driving force behind adopting multilayer PCBs. Consumers increasingly prefer compact and lightweight gadgets that do not compromise on performance. This trend has prompted manufacturers to develop multilayer PCBs that house intricate, high-density circuitry within limited spaces. Smartphones, tablets, laptops, and wearable devices are prime products that rely heavily on multilayer PCBs for enhanced performance and functionality. Multilayer PCBs have revolutionized modern electronics design and manufacturing processes by facilitating the integration of multiple components in a confined area.
The U.S. government's strong support for domestic manufacturing significantly bolsters the market. For example, the CHIPS for America Act funds the development of semiconductor and PCB fabrication facilities nationwide, fostering advanced manufacturing capabilities. The National Institute of Standards and Technology (NIST) extended its funding initiatives through June 2023, inviting proposals for manufacturing facilities with capital costs exceeding $300 million. These measures highlight the growing need for robust multilayer PCBs to optimize electronic system performance and meet escalating market demands. Consequently, North America remains a lucrative and rapidly growing region for the market throughout the forecast period.
Based on Layer, the market is segmented into Layer 4 to 6, and Layer 6 & Above. Based on Substrate, the market is segmented into Rigid, Flexible, and Rigid-Flex. Based on End Use Industry, the market is segmented into Consumer Electronics, Industrial Electronics, IT & Telecom, Automotive, Healthcare, Aerospace & Defense, and Other End Use Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- TTM Technologies, Inc.
- Fujikura Ltd.
- Flex Ltd.
- Jabil, Inc.
- Plexus Corporation
- Benchmark Electronics, Inc.
- Creation Technologies LP
- Sierra Circuits, Inc.
- Epec LLC
- Molex, LLC (Koch Industries, Inc.)
North America Multilayer Printed Circuit Board Market Report Segmentation
By Layer
- Layer 4 to 6
- Layer 6 & Above
By Substrate
- Rigid
- Flexible
- Rigid-Flex
By End Use Industry
- Consumer Electronics
- Industrial Electronics
- IT & Telecom
- Automotive
- Healthcare
- Aerospace & Defense
- Other End Use Industry
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Multilayer Printed Circuit Board Market, by Layer
- 1.4.2 North America Multilayer Printed Circuit Board Market, by Substrate
- 1.4.3 North America Multilayer Printed Circuit Board Market, by End Use Industry
- 1.4.4 North America Multilayer Printed Circuit Board Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. North America Multilayer Printed Circuit Board Market by Layer
- 5.1 North America Layer 4 to 6 Market by Region
- 5.2 North America Layer 6 & Above Market by Region
Chapter 6. North America Multilayer Printed Circuit Board Market by Substrate
- 6.1 North America Rigid Market by Country
- 6.2 North America Flexible Market by Country
- 6.3 North America Rigid-Flex Market by Country
Chapter 7. North America Multilayer Printed Circuit Board Market by End Use Industry
- 7.1 North America Consumer Electronics Market by Country
- 7.2 North America Industrial Electronics Market by Country
- 7.3 North America IT & Telecom Market by Country
- 7.4 North America Automotive Market by Country
- 7.5 North America Healthcare Market by Country
- 7.6 North America Aerospace & Defense Market by Country
- 7.7 North America Other End Use Industry Market by Country
Chapter 8. North America Multilayer Printed Circuit Board Market by Country
- 8.1 US Multilayer Printed Circuit Board Market
- 8.1.1 US Multilayer Printed Circuit Board Market by Layer
- 8.1.2 US Multilayer Printed Circuit Board Market by Substrate
- 8.1.3 US Multilayer Printed Circuit Board Market by End Use Industry
- 8.2 Canada Multilayer Printed Circuit Board Market
- 8.2.1 Canada Multilayer Printed Circuit Board Market by Layer
- 8.2.2 Canada Multilayer Printed Circuit Board Market by Substrate
- 8.2.3 Canada Multilayer Printed Circuit Board Market by End Use Industry
- 8.3 Mexico Multilayer Printed Circuit Board Market
- 8.3.1 Mexico Multilayer Printed Circuit Board Market by Layer
- 8.3.2 Mexico Multilayer Printed Circuit Board Market by Substrate
- 8.3.3 Mexico Multilayer Printed Circuit Board Market by End Use Industry
- 8.4 Rest of North America Multilayer Printed Circuit Board Market
- 8.4.1 Rest of North America Multilayer Printed Circuit Board Market by Layer
- 8.4.2 Rest of North America Multilayer Printed Circuit Board Market by Substrate
- 8.4.3 Rest of North America Multilayer Printed Circuit Board Market by End Use Industry
Chapter 9. Company Profiles
- 9.1 TTM Technologies, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
- 9.2 Fujikura Ltd.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 SWOT Analysis
- 9.3 Flex Ltd.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 SWOT Analysis
- 9.4 Jabil, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Plexus Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 SWOT Analysis
- 9.6 Benchmark Electronics, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.7 Creation Technologies LP
- 9.7.1 Company Overview
- 9.8 Sierra Circuits, Inc.
- 9.8.1 Company Overview
- 9.8.2 SWOT Analysis
- 9.9 Epec, LLC
- 9.9.1 Company Overview
- 9.10. Molex, LLC (Koch Industries, Inc.)
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 2 North America Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 3 North America Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 4 North America Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 5 North America Layer 4 to 6 Market by Region, 2020 - 2023, USD Million
- TABLE 6 North America Layer 4 to 6 Market by Region, 2024 - 2031, USD Million
- TABLE 7 North America Layer 6 & Above Market by Region, 2020 - 2023, USD Million
- TABLE 8 North America Layer 6 & Above Market by Region, 2024 - 2031, USD Million
- TABLE 9 North America Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 10 North America Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 11 North America Rigid Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Rigid Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Flexible Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Flexible Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Rigid-Flex Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Rigid-Flex Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 18 North America Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 19 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Industrial Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Industrial Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Other End Use Industry Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Other End Use Industry Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Multilayer Printed Circuit Board Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Multilayer Printed Circuit Board Market by Country, 2024 - 2031, USD Million
- TABLE 35 US Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 36 US Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 37 US Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 38 US Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 39 US Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 40 US Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 41 US Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 42 US Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 43 Canada Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 44 Canada Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 45 Canada Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 46 Canada Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 47 Canada Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 48 Canada Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 49 Canada Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 50 Canada Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 51 Mexico Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 52 Mexico Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 53 Mexico Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 54 Mexico Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 55 Mexico Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 56 Mexico Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 57 Mexico Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 58 Mexico Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 59 Rest of North America Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 60 Rest of North America Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 61 Rest of North America Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 62 Rest of North America Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 63 Rest of North America Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 64 Rest of North America Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 65 Rest of North America Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 66 Rest of North America Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 67 Key Information - TTM Technologies, Inc.
- TABLE 68 Key Information - Fujikura Ltd.
- TABLE 69 Key Information - Flex Ltd.
- TABLE 70 key Information - Jabil, Inc.
- TABLE 71 Key Information -Plexus Corporation
- TABLE 72 Key Information - Benchmark Electronics, Inc.
- TABLE 73 Key Information - Creation Technologies LP
- TABLE 74 Key Information - Sierra Circuits, Inc.
- TABLE 75 Key Information - Epec, LLC
- TABLE 76 Key Information - Molex, LLC
