Automotive Printed Circuit Board Market: Driving the Future of Connected Mobility
The global automotive printed circuit board (PCB) market was valued at USD 9.79 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2024 to 2030 . The market is undergoing substantial expansion due to a combination of evolving trends, growing technological demands, and promising opportunities in the global automotive industry. One of the primary growth trends fueling this market is the increasing adoption of electric vehicles (EVs) . EVs depend on a wide range of sophisticated electronic systems , such as battery management systems , powertrain control modules , and onboard chargers , all of which require high-performance and reliable PCBs . Another significant trend is the rapid evolution of autonomous driving technologies , including Advanced Driver Assistance Systems (ADAS) . These systems requir...