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Global Substrate-Like-PCB Market to reach USD XX billion by the end of 2029.

Global Substrate-Like-PCB Market Size study & Forecast, by Application (Consumer Electronics, Automotive, Communication) and Regional Analysis, 2022-2029

Product Code: ECE-84486067
Publish Date: 25-01-2023
Page: 200

Global Substrate-Like-PCB Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Substrate-Like-PCB is used as a medium between the PCB board and the device body. It reduces the number of connections and minimizes overall power consumption by efficiently transferring signals to connected components. The Substrate-Like-PCB market is expanding because of factors such as the rising demand for smart devices & electronic devices and growing awareness towards the application of Substrate-like-PCB.

According to INDIA CELLULAR AND ELECTRONICS ASSOCIATION (ICER) in 2021, India’s electronics exports are rising rapidly and get doubled in the past five years. In 2019 the revenue generation reached to approximately USD 15 billion from the export of electronic devices. The source also states that major export items include smartphones with increased growth of about USD 3.8 billion in the last five years. Whereas rising advancement towards the automobile sector and growing R&D activities by market players create lucrative opportunities for the market. However higher set-up cost hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Substrate-Like-PCB Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing adoption of smartphones, growing adoption and demand for connectivity solutions, and rising penetration of internet users. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing rising growth activities by market players, and the shift of users from 3G to 4G & 5G technologies in the forecast period

Major market players included in this report are:
Kinsus Interconnect Technology Corp.
Ibiden Co.Ltd.
Compeq Manufacturing Co. Ltd.
Daeduck Electronics Co. Ltd.
Unimicron Technology Corporation
Zhen Ding Technology
TTM Technologies
Meiko Electronics
Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S)
Korea Circuit

Recent Developments in the Market:
 In January 2022, Simmtech, a South Korean manufacturer of PCBs and semiconductor packaging substrates, announced the near completion of its first large-scale PCB factory on an 18-acre site in Penang, Malaysia. The factory complements its existing PCB facilities in Southeast Asia, particularly in South Korea, Japan, and China. The factory produces the first packaging substrates for dynamic random-access memory (DRAM) / NAND memory chips, as well as High-Density Interconnect (HDI) PCBs for memory modules and Solid-State Drive (SSD) devices.
 In January 2022, Austria Technologies & System technik AG announced the expansion of its manufacturing plant in Ansan, South Korea, which manufactures high-tech printed circuit boards for a wide range of medical applications. The expansion increased the floor space to nearly 8,000 square meters, upgraded the involved production equipment, and added systems such as multilayer flex presses, e-copper coating machines, and UV lasers, among others. The expansion ensures growth in the Southeast Asian medical device market, as vendors now have easier access to chips.
Global Substrate-Like-PCB Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Consumer Electronics,

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Substrate-Like-PCB Market, by Region, 2019-2029 (USD Billion)
1.2.2. Substrate-Like-PCB Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Substrate-Like-PCB Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Substrate-Like-PCB Market Dynamics
3.1. Substrate-Like-PCB Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising demand for smart devices & electronic devices Growing awareness towards the application of Substrate-like-PCB
3.1.2. Market Challenges Higher set-up cost
3.1.3. Market Opportunities Rising advancement towards automobile sector Growing R&D activities by market players
Chapter 4. Global Substrate-Like-PCB Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Substrate-Like-PCB Market, by Application
6.1. Market Snapshot
6.2. Global Substrate-Like-PCB Market by Application, Performance – Potential Analysis
6.3. Global Substrate-Like-PCB Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Substrate-Like-PCB Market, Sub Segment Analysis
6.4.1. Consumer Electronics
6.4.2. Automotive
6.4.3. Communication
Chapter 7. Global Substrate-Like-PCB Market, Regional Analysis
7.1. Substrate-Like-PCB Market, Regional Market Snapshot
7.2. North America Substrate-Like-PCB Market
7.2.1. U.S. Substrate-Like-PCB Market Application breakdown estimates & forecasts, 2019-2029
7.2.2. Canada Substrate-Like-PCB Market
7.3. Europe Substrate-Like-PCB Market Snapshot
7.3.1. U.K. Substrate-Like-PCB Market
7.3.2. Germany Substrate-Like-PCB Market
7.3.3. France Substrate-Like-PCB Market
7.3.4. Spain Substrate-Like-PCB Market
7.3.5. Italy Substrate-Like-PCB Market
7.3.6. Rest of Europe Substrate-Like-PCB Market
7.4. Asia-Pacific Substrate-Like-PCB Market Snapshot
7.4.1. China Substrate-Like-PCB Market
7.4.2. India Substrate-Like-PCB Market
7.4.3. Japan Substrate-Like-PCB Market
7.4.4. Australia Substrate-Like-PCB Market
7.4.5. South Korea Substrate-Like-PCB Market
7.4.6. Rest of Asia Pacific Substrate-Like-PCB Market
7.5. Latin America Substrate-Like-PCB Market Snapshot
7.5.1. Brazil Substrate-Like-PCB Market
7.5.2. Mexico Substrate-Like-PCB Market
7.6. Rest of The World Substrate-Like-PCB Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Kinsus Interconnect Technology Corp. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Ibiden Co.Ltd.
8.2.3. Compeq Manufacturing Co. Ltd.
8.2.4. Daeduck Electronics Co. Ltd.
8.2.5. Unimicron Technology Corporation
8.2.6. Zhen Ding Technology
8.2.7. TTM Technologies
8.2.8. Meiko Electronics
8.2.9. Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S)
8.2.10. Korea Circuit
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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