Printed Circuit Board Market Size to Exceed USD 136.02 Billion by 2035: SNS Insider
08 June 2026: U.S. Printed Circuit Board (PCB) Market is projected to grow from USD 12.39 Billion in 2025 to USD 20.46 Billion by 2035, registering a CAGR of 5.13% during 2026-2035. Similarly, the Europe Printed Circuit Board Market is estimated at USD 14.28 Billion in 2025 and is expected to reach USD 21.76 Billion by 2035, expanding at a CAGR of 4.31% during the forecast period. The development of both the markets will be fueled by the increased demand for multilayered printed circuit boards, HDI, flex circuits, and substrates in different sectors. In addition, there will be more investments in the manufacture of local electronics products, which will be complemented by government policies aimed at growing the PCB manufacturing sector. For instance, the USA has the CHIPS and Science Act.
According to the SNS Insider, “The Printed Circuit Board Market Size was valued at USD 83.61 Billion in 2025 and is expected to reach USD 136.02 Billion by 2035, growing at a CAGR of 4.99% during 2026-2035.”
Rising Demand for AI Infrastructure and Advanced Electronics Globally
Printed Circuit Board Market is mainly influenced by the fast-growing infrastructure of artificial intelligence computation, electric mobility, 5G communications, and consumer electronics manufacturing on a global scale. The PCBs have been widely adopted for the integration of small-scale, fast, and robust electronic circuits in smartphones, servers, networking systems, automobiles, industrial machines, medical appliances, and aerospace systems. With increasing spending in hyperscale data centers, chip fabs, cloud-based infrastructure, and autonomous driving technologies, there will be substantial growth prospects for PCBs with high-layer content, HDI, flexible and substrate-like designs. Besides, the increasing adoption of Internet-of-things, wearable electronics, and edge computing solutions is expected to boost the growth of the market for PCBs.
Recent Developments
In 2026, TTM Technologies has stated that the company would expand its production of advanced PCBs in North America to cater to increasing demand for aerospace, defense, AI infrastructural, and high-performance computers.
In 2025, AT&S Austria Technologie & Systemtechnik AG has expanded its production of advanced substrates or PCBs to cater to the increased demands of semiconductors and AI servers in Asia-Pacific and Europe.
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