The development of printed circuit boards (PCBs) can be traced back to the early 1900s when electrical engineers were looking for a way to eliminate wire connections in circuits. The first patent for a printed circuit board was granted to Austrian engineer Paul Eisler in 1943, during World War II. Eisler’s invention was a printed circuit board made from a flat piece of insulating material with conductive tracks printed onto it.
However, it wasn’t until the 1950s and 1960s that PCBs became widely used in the electronics industry. With the advent of transistor technology, the demand for smaller and more reliable electronic components grew rapidly. Printed circuit boards offered a way to connect these components compactly and efficiently, leading to their widespread adoption.
Today, PCBs are an essential component in virtually all electronic devices, from smartphones to medical equipment to logistic systems. The use of PCBs has enabled the development of increasingly sophisticated and complex electronic products, and their importance in modern technology cannot be overstated.
PCB Market Insights
The global PCB (printed circuit board) market has been experiencing steady growth in recent years, with a current market size of over $60 billion. The increasing demand for consumer electronics, such as smartphones, tablets, and wearable devices, has been a key driver for this growth. In addition, the automotive industry’s shift towards electric and autonomous vehicles has also contributed to the demand for advanced printed circuit boards. The market is also being driven by the growing adoption of IoT (Internet of Things) embedded systems and the trend towards miniaturization of electronics.
Asia-Pacific is the largest regional market for PCBs, with countries such as China, Japan, South Korea, and Taiwan being major manufacturing hubs. North America and Europe also have significant markets for PCBs, with the United States and Germany being the leading countries in these regions.
Source: MordorIntelligence, WebinarCare
In terms of technology, the multilayer printed circuit board segment is the largest and fastest-growing segment due to its ability to accommodate multiple layers of circuitry, resulting in smaller and more compact designs. Flexible PCBs, which can be bent or twisted to fit into various shapes and sizes, are also gaining popularity.