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FPC manufacturer:Global Automotive PCB Market Projected to Reach $25.6 Billion

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Popularity:302Dated :06-28-2023 03:41【big well Small

FPCmanufacturer understood,the global automotive PCB market size stood at US$ 13.2 Bn in 2022 and is expected to be valued at US$ 25.6 Bn by 2031.The global automotive PCB market is anticipated to benefit from rising popularity of Mobility 4.0 and growing demand for next-generation automobiles.The industry is projected to develop at a CAGR of 7.7% between 2023 and 2031.Increasing market demand for next-generation automobiles and growing adoption of Mobility 4.0 are anticipated to propel the automotive PCB industry's growth.

 

 

Connecting the electrical systems in vehicles can be done using printed circuit boards (PCBs), which are compact, affordable, and dependable.Increased use of CASE automotive technology is projected to fuel market development.

 

PCB manufacturera learned that,manufacturers of automotive PCBs are expected to benefit from the advent of semi-autonomous and autonomous automobiles.Performance and dependability of automotive PCBs are enhanced by investments by key manufacturers in the R&D of novel materials and technologies.

 

FlexiblePCBsupplierchina learned that,in the automobile sector, PCBs are frequently utilized for various tasks, including managing the gearbox, infotainment, lighting systems, and other electrical parts.They offer a compact, affordable, and dependable connection option for automotive electronics.Circuit boards for automobiles must also survive extreme temperatures and vibration.Consequently, they demand unique design considerations and premium components.

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