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Indian Printed Circuit Board (PCB) Market Size, Share: By Manufacturing Type: Bare PCBs, Populated PCBs; By Product Type: Rigid 1-2 Sided, Standard Multilayer, Flexible Circuits, HDI/Microvia/Build-Up, Rigid Flex, Others; By Number of Layers; By Type; By Laminate Type; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Indian Printed Circuit Board (PCB) Market Competitive Landscape

Key players in the Indian printed circuit board (PCB) market are providing comprehensive solutions through the production of high-quality printed circuit boards of various types.

 

Epitome Components Ltd. established in 1994 and headquartered in Maharashtra, stands as a prominent PCB manufacturer in India, boasting advanced infrastructure and a substantial production capacity of 100,000 sqm/month. With a large and contented customer base both domestically and internationally, Epitome has forged a joint venture with Trackwise Designs Ltd., a UK-based company, focusing on producing RF Antenna PCBs vital for cellular networks, radar systems, space industry, and other sophisticated applications.

 

Shogini Technoarts Pvt. Ltd. established in 1982 and headquartered in Maharashtra, offers extensive solutions by producing top-notch printed circuit boards in a variety of types. These include single and double-sided, multilayer, metal-clad, and flex boards, each tailored for diverse applications. The range of products supports various sectors such as high-speed computing, high-frequency telecommunications, computer peripherals, defence, LED lighting, automotive electronics, and medical electronics.

 

India Circuit Ltd established in 2007 and headquartered in Chandigarh, demonstrates its commitment to excellence through a diverse product line. This includes single-side PCB, double-side PCB, metal core PCB, and aluminium PCB, reflecting their expertise and focus on delivering top-tier quality products.

 

Hi-Q Electronics Pvt. Ltd. established in 1983 and headquartered in Karnataka, stands as a premier manufacturer of intricate PCBs in India. Their clientele spans across Aerospace, Space, and high-tech sectors both domestically and internationally. Specializing in PCBs, Electronics Manufacturing, Defence and Aerospace solutions, Prototypes, Multilayer Boards, HDI, Flex Rigid, as well as Blind Buried technologies, they demonstrate a commitment to excellence in their field.

 

Other key players in the Indian printed circuit board (PCB) market are Genus Electrotech Ltd, Ascent Circuits Pvt Ltd, Fine-Line Circuits Limited, and S.B Electronics among others.

 

Indian Printed Circuit Board (PCB) Market Report Snapshots

Indian Printed Circuit Board (PCB) Market Size

Indian Printed Circuit Board (PCB) Market Trends

Indian Printed Circuit Board (PCB) Companies

Indian Printed Circuit Board (PCB) Market Regional Analysis

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Market Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Indian Printed Circuit Board (PCB) Market Overview

    8.1    Key Industry Highlights
    8.2    Indian Printed Circuit Board (PCB) Historical Market (2018-2023)
    8.3    Indian Printed Circuit Board (PCB) Market Forecast (2024-2032)
9    Indian Printed Circuit Board (PCB) Market by Manufacturing Type
    9.1    Bare PCBs
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Populated PCBs 
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Indian Printed Circuit Board (PCB) Market by Product Type  
    10.1    Rigid 1-2 Sided
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Standard Multilayer
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Flexible Circuits
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    HDI/Microvia/Build-Up
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Rigid Flex
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
    10.6    Others
11    Indian Printed Circuit Board (PCB) Market by Number of Layers  
    11.1    Single-Sided
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Double-Sided
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Multi-Layer   
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
12    Indian Printed Circuit Board (PCB) Market by Type  
    12.1    Rigid PCBs
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Flexible PCBs
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
13    Indian Printed Circuit Board (PCB) Market by Laminate Type
    13.1    FR-4
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Polyamide
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    CEM-1
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Paper
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Indian Printed Circuit Board (PCB) Market by Application  
    14.1    Consumer Electronics
        14.1.1    Historical Trend (2018-2023)
        14.1.2    Forecast Trend (2024-2032)
    14.2    Communication
        14.2.1    Historical Trend (2018-2023)
        14.2.2    Forecast Trend (2024-2032)
    14.3    Industrial Electronics
        14.3.1    Historical Trend (2018-2023)
        14.3.2    Forecast Trend (2024-2032)
    14.4    Computers
        14.4.1    Historical Trend (2018-2023)
        14.4.2    Forecast Trend (2024-2032)
    14.5    Military and Aerospace
        14.5.1    Historical Trend (2018-2023)
        14.5.2    Forecast Trend (2024-2032)
    14.6    Automotive
        14.6.1    Historical Trend (2018-2023)
        14.6.2    Forecast Trend (2024-2032)
    14.7    Medical Instrumentation
        14.7.1    Historical Trend (2018-2023)
        14.7.2    Forecast Trend (2024-2032)
15    Indian Printed Circuit Board (PCB) Market by States
    15.1    Maharashtra
        15.1.1    Historical Trend (2018-2023)
        15.1.2    Forecast Trend (2024-2032)
    15.2    Tamil Nadu
        15.2.1    Historical Trend (2018-2023)
        15.2.2    Forecast Trend (2024-2032)
    15.3    Karnataka
        15.3.1    Historical Trend (2018-2023)
        15.3.2    Forecast Trend (2024-2032)
    15.4    Gujarat
        15.4.1    Historical Trend (2018-2023)
        15.4.2    Forecast Trend (2024-2032)
    15.5    Others
16    Market Dynamics
    16.1    SWOT Analysis
        16.1.1    Strengths
        16.1.2    Weaknesses
        16.1.3    Opportunities
        16.1.4    Threats
    16.2    Porter’s Five Forces Analysis
        16.2.1    Supplier’s Power
        16.2.2    Buyers Power
        16.2.3    Threat of New Entrants
        16.2.4    Degree of Rivalry
        16.2.5    Threat of Substitutes
    16.3    Key Indicators for Demand
    16.4    Key Indicators for Price
17    Value Chain Analysis
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Epitome Components Ltd.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Shogini Technoarts Pvt. Ltd.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications    
        18.2.3    India Circuit Ltd
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications    
        18.2.4    Hi-Q Electronics Pvt. Ltd 
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Genus Electrotech Ltd
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Ascent Circuits Pvt Ltd
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Fine-Line Circuits Limited
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    S.B Electronics
            18.2.8.1    Company Overview
            18.2.8.2    Product Portfolio
            18.2.8.3    Demographic Reach and Achievements
            18.2.8.4    Certifications
        18.2.9    Others
19    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Indian Printed Circuit Board (PCB) Market: Key Industry Highlights, 2018 and 2032
2.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by Manufacturing Type (USD Billion), 2018-2023
3.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by Manufacturing Type (USD Billion), 2024-2032
4.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by Number of Layers (USD Billion), 2018-2023
7.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by Number of Layers (USD Billion), 2024-2032
8.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by Type (USD Billion), 2018-2023
9.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by Type (USD Billion), 2024-2032
10.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by Laminate Type (USD Billion), 2024-2032
11.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by Laminate Type (USD Billion), 2018-2023
12.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by Application (USD Billion), 2018-2023
13.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by Application (USD Billion), 2024-2032
14.    Indian Printed Circuit Board (PCB) Historical Market: Breakup by States (USD Billion), 2018-2023
15.    Indian Printed Circuit Board (PCB) Market Forecast: Breakup by States (USD Billion), 2024-2032
16.    Indian Printed Circuit Board (PCB) Market Structure

Key Questions Answered in the Report

The market was valued at USD 4.53 billion in 2023.

The market is projected to grow at a CAGR of 18.1% between 2024 and 2032.

The market is expected to reach USD 20.17 billion in 2032.

The market is being driven by various factors such as government initiatives, the automotive sector, the expanding semiconductor industry, and technological advancements.

The printed circuit board (PCB) market is categorised according to its product type, which includes rigid 1–2-sided, standard multilayer, flexible circuits, HDI/microvia/build-up, rigid-flex and others.

The key players are Epitome Components Ltd., Shogini Technoarts Pvt. Ltd., India Circuit Ltd, Hi-Q Electronics Pvt. Ltd, Genus Electrotech Ltd, Ascent Circuits Pvt Ltd, Fine-Line Circuits Limited, and S.B Electronics among others.

Based on type, it is divided into rigid PCBs and flexible PCBs.

The major market areas include Maharashtra, Tamil Nadu, Karnataka, Gujarat, and Others.

Based on the application, the printed circuit board (PCB) market is divided into consumer electronics, communication, industrial electronics, computers, military and aerospace, automotive and medical instrumentation.

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