PUBLISHER: KBV Research | PRODUCT CODE: 1649318
PUBLISHER: KBV Research | PRODUCT CODE: 1649318
LAMEA 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 Latin America, Middle East and Africa Multilayer Printed Circuit Board Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $1,994.8 million by 2031. The Argentina market is registering a CAGR of 8.4% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 6.8% during (2024 - 2031).
Sustainability is progressively influencing the market as manufacturers increasingly incorporate environmentally favorable materials and processes to mitigate their ecological footprint. One significant advancement is using lead-free soldering techniques, such as tin-silver-copper alloys, which comply with regulations like the RoHS Directive and reduce toxic waste. Additionally, biodegradable and recyclable materials, including bio-resins and recyclable copper, are being incorporated to address electronic waste challenges. Companies like Apple and Samsung are integrating these sustainable practices, with Apple using recycled tin solder in its devices. Recycling innovations, such as recovering precious metals from discarded PCBs, further promote a circular economy. Organizations like Umicore and Sims Recycling Solutions lead these efforts, ensuring eco-friendly disposal and resource reuse.
Energy-efficient manufacturing processes also play a crucial role in reducing the carbon footprint of PCB production. Techniques like laser drilling minimize material waste, while renewable energy sources power production facilities. Industries with high PCB demand, such as automotive and healthcare, embrace these practices. For instance, Tesla encourages sustainable practices in its supply chain for electric vehicle production, where recyclable PCBs are vital for battery management and power systems. Similarly, the healthcare sector benefits from sustainable PCBs in disposable medical devices and wearables, reducing environmental impact while meeting demand. These advancements highlight the PCB industry's potential to align technological progress with environmental stewardship.
Saudi Arabia's growing automotive sector and energy transition goals drive demand for multilayer PCBs. The government's Vision 2030 initiative strongly focuses on diversifying the economy with significant investments in renewable energy and electric vehicles. As the country shifts toward green technologies, the demand for PCBs in applications like solar power systems and electric vehicle components is rising. Additionally, Saudi Arabia's efforts to establish local manufacturing hubs and partnerships with global technology companies are expected to support the market. Thus, the region presents lucrative growth opportunities to expand the market.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.)
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Multilayer Printed Circuit Board Market, by Layer
- 1.4.2 LAMEA Multilayer Printed Circuit Board Market, by Substrate
- 1.4.3 LAMEA Multilayer Printed Circuit Board Market, by End Use Industry
- 1.4.4 LAMEA 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. LAMEA Multilayer Printed Circuit Board Market by Layer
- 5.1 LAMEA Layer 4 to 6 Market by Country
- 5.2 LAMEA Layer 6 & Above Market by Country
Chapter 6. LAMEA Multilayer Printed Circuit Board Market by Substrate
- 6.1 LAMEA Rigid Market by Country
- 6.2 LAMEA Flexible Market by Country
- 6.3 LAMEA Rigid-Flex Market by Country
Chapter 7. LAMEA Multilayer Printed Circuit Board Market by End Use Industry
- 7.1 LAMEA Consumer Electronics Market by Country
- 7.2 LAMEA Industrial Electronics Market by Country
- 7.3 LAMEA IT & Telecom Market by Country
- 7.4 LAMEA Automotive Market by Country
- 7.5 LAMEA Healthcare Market by Country
- 7.6 LAMEA Aerospace & Defense Market by Country
- 7.7 LAMEA Other End Use Industry Market by Country
Chapter 8. LAMEA Multilayer Printed Circuit Board Market by Country
- 8.1 Brazil Multilayer Printed Circuit Board Market
- 8.1.1 Brazil Multilayer Printed Circuit Board Market by Layer
- 8.1.2 Brazil Multilayer Printed Circuit Board Market by Substrate
- 8.1.3 Brazil Multilayer Printed Circuit Board Market by End Use Industry
- 8.2 Argentina Multilayer Printed Circuit Board Market
- 8.2.1 Argentina Multilayer Printed Circuit Board Market by Layer
- 8.2.2 Argentina Multilayer Printed Circuit Board Market by Substrate
- 8.2.3 Argentina Multilayer Printed Circuit Board Market by End Use Industry
- 8.3 UAE Multilayer Printed Circuit Board Market
- 8.3.1 UAE Multilayer Printed Circuit Board Market by Layer
- 8.3.2 UAE Multilayer Printed Circuit Board Market by Substrate
- 8.3.3 UAE Multilayer Printed Circuit Board Market by End Use Industry
- 8.4 Saudi Arabia Multilayer Printed Circuit Board Market
- 8.4.1 Saudi Arabia Multilayer Printed Circuit Board Market by Layer
- 8.4.2 Saudi Arabia Multilayer Printed Circuit Board Market by Substrate
- 8.4.3 Saudi Arabia Multilayer Printed Circuit Board Market by End Use Industry
- 8.5 South Africa Multilayer Printed Circuit Board Market
- 8.5.1 South Africa Multilayer Printed Circuit Board Market by Layer
- 8.5.2 South Africa Multilayer Printed Circuit Board Market by Substrate
- 8.5.3 South Africa Multilayer Printed Circuit Board Market by End Use Industry
- 8.6 Nigeria Multilayer Printed Circuit Board Market
- 8.6.1 Nigeria Multilayer Printed Circuit Board Market by Layer
- 8.6.2 Nigeria Multilayer Printed Circuit Board Market by Substrate
- 8.6.3 Nigeria Multilayer Printed Circuit Board Market by End Use Industry
- 8.7 Rest of LAMEA Multilayer Printed Circuit Board Market
- 8.7.1 Rest of LAMEA Multilayer Printed Circuit Board Market by Layer
- 8.7.2 Rest of LAMEA Multilayer Printed Circuit Board Market by Substrate
- 8.7.3 Rest of LAMEA 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 LAMEA Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 4 LAMEA Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 5 LAMEA Layer 4 to 6 Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Layer 4 to 6 Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Layer 6 & Above Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Layer 6 & Above Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 10 LAMEA Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 11 LAMEA Rigid Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Rigid Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Flexible Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Flexible Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Rigid-Flex Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Rigid-Flex Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 18 LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 19 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Industrial Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Industrial Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA Aerospace & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA Aerospace & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Other End Use Industry Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Other End Use Industry Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Multilayer Printed Circuit Board Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Multilayer Printed Circuit Board Market by Country, 2024 - 2031, USD Million
- TABLE 35 Brazil Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 36 Brazil Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 37 Brazil Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 38 Brazil Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 39 Brazil Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 40 Brazil Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 41 Brazil Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 42 Brazil Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 43 Argentina Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 44 Argentina Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 45 Argentina Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 46 Argentina Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 47 Argentina Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 48 Argentina Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 49 Argentina Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 50 Argentina Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 51 UAE Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 52 UAE Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 53 UAE Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 54 UAE Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 55 UAE Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 56 UAE Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 57 UAE Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 58 UAE Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 59 Saudi Arabia Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 60 Saudi Arabia Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 61 Saudi Arabia Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 62 Saudi Arabia Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 63 Saudi Arabia Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 64 Saudi Arabia Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 65 Saudi Arabia Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 66 Saudi Arabia Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 67 South Africa Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 68 South Africa Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 69 South Africa Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 70 South Africa Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 71 South Africa Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 72 South Africa Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 73 South Africa Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 74 South Africa Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 75 Nigeria Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 76 Nigeria Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 77 Nigeria Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 78 Nigeria Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 79 Nigeria Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 80 Nigeria Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 81 Nigeria Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 82 Nigeria Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 83 Rest of LAMEA Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
- TABLE 84 Rest of LAMEA Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
- TABLE 85 Rest of LAMEA Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
- TABLE 86 Rest of LAMEA Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
- TABLE 87 Rest of LAMEA Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
- TABLE 88 Rest of LAMEA Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
- TABLE 89 Rest of LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
- TABLE 90 Rest of LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
- TABLE 91 Key Information - TTM Technologies, Inc.
- TABLE 92 Key Information - Fujikura Ltd.
- TABLE 93 Key Information - Flex Ltd.
- TABLE 94 key Information - Jabil, Inc.
- TABLE 95 Key Information -Plexus Corporation
- TABLE 96 Key Information - Benchmark Electronics, Inc.
- TABLE 97 Key Information - Creation Technologies LP
- TABLE 98 Key Information - Sierra Circuits, Inc.
- TABLE 99 Key Information - Epec, LLC
- TABLE 100 Key Information - Molex, LLC
