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Report Overview

The 5G PCB market size reached around USD 23.34 Billion in 2024. The market is projected to grow at a CAGR of 14.70% between 2025 and 2034 to reach nearly USD 91.99 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • As per the industry reports, by the year 2025, it is anticipated that 5G networks will encompass one-third of the global population. This will positively impact on the 5G PCB market revenue.
  • Recently, ITU projected that around 5.4 billion individuals, representing 67% of the global population used internet in 2023.
  • Approximately 35% of individuals in developing countries and more than 80% of those in developed nations have internet access.

Compound Annual Growth Rate

Value in USD Billion

14.7%

2025-2034


5G PCB Market Outlook

*this image is indicative*

Global 5G PCB Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 20.35
Market Size 2034 USD Billion 69.93
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 14.7%
CAGR 2025-2034 - Market by Region Asia Pacific 16.5%
CAGR 2025-2034 - Market by Country India 16.8%
CAGR 2025-2034 - Market by Country China 16.3%
CAGR 2025-2034 - Market by PCB Type High-Density Interconnect (HDI) 16.2%
CAGR 2025-2034 - Market by Substrate Flexible 15.9%
Market Share by Country 2023 Mexico 1.9%

Global 5G PCB Market Growth

As of 2020, there are approximately 26.66 billion active Internet of Things (IoT) devices worldwide. Statistics indicate that at least 127 new IoT devices are being connected to the internet every second. Moreover, experts anticipate that by 2025, the number of IoT devices connected to the web will exceed 75 billion. The increasing demand for IoT devices significantly contributes to the 5G PCB market value. IoT devices, which encompass smart home technologies, wearables, and industrial sensors, depend on 5G networks for optimal performance, particularly due to the substantial data they generate. This rising demand for connectivity necessitates the development of advanced 5G PCBs capable of managing higher frequencies and ensuring seamless communication across an extensive network of IoT devices. Therefore, the expansion of IoT is directly driving the need for 5G-enabled PCBs to support these technological advancements.

As per the 5G PCB market analysis, the advancement of 5G infrastructure is crucial to the growing demand for 5G printed circuit boards (PCBs). As telecom companies and government agencies invest in the development and improvement of 5G networks, there is an increasing need for advanced printed circuit boards that can support high-speed data transmission and handle higher frequencies. These PCBs are vital for the efficient functioning of 5G base stations, antennas, routers, and other network equipment. The global rollout of 5G technology greatly fuels the demand for specialised, high-performance PCBs.

Key Trends and Developments

Global 5G PCB Market Trends

A major trend contributing to market expansion is the increasing demand for high-speed, low-latency connectivity, particularly in sectors like telecommunications, the Internet of Things (IoT), and automotive. As 5G networks evolve, the need for advanced PCBs capable of handling higher frequencies and enabling faster data transmission becomes more essential. Furthermore, innovations in PCB materials, such as the use of high-frequency laminates and integrated technologies, are leading to more efficient and compact designs. Additionally, the growing number of IoT devices and government investments in 5G infrastructure are driving growth of the market.

Global 5G PCB Industry Segmentation

The EMR’s report titled “Global 5G PCB Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by PCB Type

  • Single-sided
  • Double-sided
  • Multi-layered
  • High-Density Interconnect (HDI)
  • Others

Breakup by Substrate

  • Rigid
  • Flexible
  • Rigid-Flexible

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

CAGR 2025-2034 - Market by Country
India 16.8%
China 16.3%
Saudi Arabia 15.7%
Mexico 15.5%
Canada 15.2%
USA XX%
UK 14.3%
France XX%
Italy XX%
Japan XX%
Australia XX%
Brazil XX%
Germany 14.0%

Global 5G PCB Market Share

Based on the region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Regions like Asia Pacific and Latin America are projected to grow at a CAGR of 16.5% and 15.9% during the forecast period of 2025-2034.The growing demand for 5G PCBs in these regions is driven by the rapid expansion of 5G infrastructure and the rising adoption of advanced telecommunications technologies.

Leading Companies in the Global 5G PCB Market

Market players are focusing on the adoption of technological advancements to gain a competitive edge in the market and to improve the 5G PCB market outlook.

Panasonic Holdings Corp.

Headquartered in Osaka, Japan, Panasonic Holdings Corp. was founded in 1918. The company is a global leader in electronics, offering products and solutions across a wide range of sectors, including automotive, home appliances, and industrial technology.

Tripod Technology Corporation

Founded in 1996 and based in Taoyuan, Taiwan, Tripod Technology Corporation specialises in high-performance printed circuit boards (PCBs). The company provides innovative solutions to various sectors, including telecommunications, automotive, and consumer electronics.

Xinfeng Huihe Circuits Co., Ltd.

Established in 1992 and headquartered in Shenzhen, China, Xinfeng Huihe Circuits Co., Ltd. is a leading manufacturer of printed circuit boards. As per 5G PCB market analysis, the company offers solutions for consumer electronics, telecommunications, and industrial applications.

Chin Poon Industrial Co., Ltd.

Founded in 1979 and headquartered in Taoyuan, Taiwan, Chin Poon Industrial Co., Ltd. is a prominent PCB manufacturer. The company provides high-quality printed circuit boards for various sectors, including telecommunications, automotive, and consumer electronics, globally.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players included in the 5G PCB market report are Shennan Circuits Co., Ltd., WUS Printed Circuit Co., Ltd., Zhen Ding Technology Holding Limited, Hannstar Board Co., Ltd., Kinsus Interconnect Technology Corp., and Compeq Manufacturing Co. Ltd., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 23.34 Billion.

The market is assessed to grow at a CAGR of 14.70% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 91.99 Billion by 2034.

Major drivers of the market are the growing demand for high-speed connectivity and expansion of IOT devices.

As per the EMR report, the different substrates of 5G PCB are rigid, flexible, and rigid-flexible.

The major regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Major players in the market are Panasonic Holdings Corp., Tripod Technology Corporation, Xinfeng Huihe Circuits Co., Ltd., Chin Poon Industrial Co., Ltd., Shennan Circuits Co., Ltd., WUS Printed Circuit Co., Ltd., Zhen Ding Technology Holding Limited, Hannstar Board Co., Ltd., Kinsus Interconnect Technology Corp., and Compeq Manufacturing Co. Ltd., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • PCB Type
  • Substrate
  • Region
Breakup by PCB Type
  • Single-sided
  • Double-sided
  • Multi-layered
  • High-Density Interconnect (HDI)
  • Others
Breakup by Substrate
  • Rigid
  • Flexible
  • Rigid-Flexible
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Panasonic Holdings Corp.
  • Tripod Technology Corporation
  • Xinfeng Huihe Circuits Co., Ltd.
  • Chin Poon Industrial Co., Ltd.
  • Shennan Circuits Co., Ltd.
  • WUS Printed Circuit Co., Ltd.
  • Zhen Ding Technology Holding Limited
  • Hannstar Board Co., Ltd.
  • Kinsus Interconnect Technology Corp.
  • Compeq Manufacturing Co. Ltd.
  • Others

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