Multilayer Printed Circuit Board Market Insights Video
According to Cognitive Market Research, the global Multilayer Printed Circuit Board market size will be USD 81254.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 32501.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 24376.38 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 18688.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0%from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 4062.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1625.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Consumer Electronics sector is the dominant end-use industry for Multilayer Printed Circuit Boards (PCBs), primarily due to the ubiquitous nature of electronic devices in everyday life.