Global Server PCB Market Is Estimated To Witness High Growth

The global server PCB market is estimated to be valued at US$ 45.22 billion in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

The server PCB market refers to the market for printed circuit boards used in server systems. These PCBs are crucial components in server systems as they provide electrical and mechanical support to the various components of the system. The market for server PCBs is driven by the increasing demand for high-performance computing systems, such as data centers and cloud computing, which require efficient and reliable PCBs for optimal performance. Additionally, the growing adoption of advanced technologies, such as IoT and artificial intelligence, is further fueling the demand for server PCBs.

Market Key Trends:
One key trend in the server PCB market is the increasing demand for high-density interconnect (HDI) PCBs. HDI PCBs offer several advantages, including smaller size, higher component density, and better signal integrity. These PCBs are widely used in server systems as they allow for increased functionality and performance within limited space. The growing need for compact and efficient server systems is driving the demand for HDI PCBs in the market.

PEST Analysis:

Political: The political factors affecting the server PCB market include government regulations and policies, trade agreements, and stability of political conditions in different countries. For example, trade tensions between countries can affect the supply chain and pricing of server PCB components.

Economic: The economic factors influencing the server PCB market include GDP growth, disposable income, inflation rates, and currency exchange rates. A strong economy can drive investment in the IT sector, leading to increased demand for server PCBs.

Social: Social factors such as changing consumer preferences, cultural norms, and demographics can impact the server PCB market. For instance, the increasing adoption of cloud computing and the growing need for data storage drive the demand for server PCBs.

Technological: Technological advancements have a major impact on the server PCB market. Factors like advancements in miniaturization, high-speed data transmission, and integration of smart features influence the development and adoption of server PCBs.

Key Takeaways:
Market Size: The Global Server PCB Market Demand is anticipated to experience high growth, exhibiting a CAGR of 7.5% over the forecast period of 2023-2030. This growth is primarily driven by increasing demand for high-performance computing, cloud services, data centers, and networking equipment.

Regional Analysis: Asia Pacific is projected to be the fastest-growing and dominating region in the server PCB market. The region’s growth can be attributed to factors such as rapid industrialization, increasing investments in infrastructure development, and the presence of major electronics manufacturers in countries like China, Taiwan, and South Korea.

Key Players: The key players operating in the server PCB market include Nanya PCB, Tripod Technology Corporation, Unimicron Technology Corporation, Ibiden Co., Ltd., Compeq Manufacturing Co., Ltd., TTM Technologies, Inc., Kingboard Holdings Limited, Shennan Circuits Company Limited, AT&S Austria Technologie & Systemtechnik AG, and Multek (a subsidiary of Flex Ltd.). These players have extensive expertise in manufacturing and supplying server PCBs, contributing to the market’s growth.

Overall, the server PCB market is expected to witness significant growth driven by factors like increasing demand for high-performance computing and data storage, technological advancements, and the dominance of the Asia Pacific region in electronics manufacturing.

Read more: https://www.dailyprbulletin.com/server-pcb-market-insights-size/

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