Forecast of Global PCB and PCBA Market 2023

The worldwide market for PCB & PCBA is expected to grow at a CAGR of roughly 2.7% over the next five years, will reach 72700 million US$ in 2023, from 62000 million US$ in 2017. A printed circuit board (PCB) mechanically supports and electrically connects electronic components using conductive tracks, pads and other features etched from copper sheets laminated onto a non-conductive substrate. Components  capacitors, resistors or active devices  are generally soldered on the PCB.