European Printed Circuit Board Market - Forecast(2020 - 2025)
European Printed Circuit Board Market Overview The volume generated by the European printed circuit board market was 4.933 million units in 2016 and is estimated to reach 6,152 million units by 2024, growing at a CAGR of 2.6% during the forecast period 2016–2024. Germany is the largest market for printed circuit board in Europe, holding a share of 22% in 2016. The country’s printed circuit board market is further estimated to grow at a CAGR of 3.6% during the forecast period. Advancements in internet of things and increased adoption of smart devices are driving the market growth. European Printed Circuit Board Market Outlook A printed circuit board (PCB) is a plastic board made of a non-conductive material, such as plastic or fiber-glass, that has copper lines and pads connected to each other. These copper lines allow electrical charge to flow through the different components such as transistors, capacitors, and resistors that are located systematically on the PCB. These successfu...