What Growth Trajectory Does the Aerospace & Defense PCB Market Forecast Reveal?
The aerospace & defense PCB market has witnessed steady growth in recent years and is poised to accelerate from $1.35 billion in 2024 to $1.38 billion in 2025, reflecting a compound annual growth rate (CAGR) of 2.3%. The growth during the historic period correlates with the increasing complexity of avionics systems, the miniaturization of electronics, a focus on lightweight materials, and the rising demand for commercial aircraft.
Furthermore, the market size is projected to scale up to $1.61 billion in 2029 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period correlates with the rise of electric and hybrid aircraft, expansion of space exploration programs, increased use of unmanned systems, growing demand for satellite systems, and increased demand for high-speed and high-frequency PCBs. Major trends during the forecast period include flexible and rigid-flex PCB adoption, high-density interconnects (HDI) integration, use of advanced materials, integration of embedded components, rapid prototyping, and iterative design.
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What Factors Are Driving the Aerospace & Defense PCB Market?
The steady climb in demand for commercial and military unmanned aerial vehicles (UAVs) is expected to propel the market. Aerospace and defense PCBs are pivotal in the design and manufacture of military drones, enabling these sophisticated systems to operate safely and reliably in demanding tasks. According to Skykam Technical Inspections, the global drone market was valued at $43 billion in December 2022, with personal drones accounting for 94% of unit sales in the drone market. Moreover, the Federal Aviation Administration reported 855,860 registered drones in the United States in 2023. This rapid surge in demand for commercial and military UAVs is substantially contributing to the growth of the aerospace and defense PCB market.
What are the Key Segments of the Global Aerospace & Defense PCB Market?
– By Type: Single Sided, Double Sided, Multilayer
– By Design: Rigid PCB, Flexible PCB, Rigid-Flex PCB, High-Density Interconnect
– By Aircraft: Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, UAV, Spacecraft
– By Application: Radar Installations, Power Supplies, Power Conversion, Radio Communication, Lighting, Engine Control Systems, Other Applications
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Who Are the Major Players in Aerospace & Defense PCB Market?
Eminent companies in the aerospace & defense PCB market include Epec Engineered Technologies LLC, Amitron Corporation, Corintech Ltd., Delta Circuits Inc., Advanced Circuits, Advanced Circuits Inc., SCHMID Group, Technotronix, Surface Mount Technology Centre Corporation, Sanmina Corporation, IEC Electronics Corporation, Firan Technology Group Corporation, Amphenol Printed Circuits Inc., Unimicron Technology Corporation, Mer-Mar Electronics, Coat-X AG, IDEAS Engineering & Technology, Q-FLEX Industries, Rogers Corporation, Isola Group, Park Electrochemical Corp., Ventec International Group, Arlon Electronic Materials, Taconic Advanced Dielectric Division, Wurth Electronics Midcom Inc., Cirexx International, Multilayer Prototypes Inc., Sierra Circuits Inc., Sunstone Circuits, Bittele Electronics Inc.
What are Emerging Trends in Aerospace & Defense PCB Market?
Technological advancements are surging in the aerospace and defense PCB market. An illustration of this trend is the launch of iNPACK for aerospace and defense PCBs by PCB Technologies Ltd., an Israel-based company. This technology enhances signal integrity and reduces unwanted inductance effects through powerful components and embedded coins for heat dissipation.
Which Region Dominates the Aerospace & Defense PCB Market?
North America was the largest region in the aerospace & defense PCB market in 2024, with Asia-Pacific predicted to be the fastest-growing region during the forecast period.
What Does the Aerospace & Defense PCB Market Report 2025 Offer?
Aerospace and defense printed circuit boards (PCB) are specialized circuit boards designed for specific applications in aerospace and defense industries. They are used in flight control systems, communication systems, and navigation systems. The Aerospace & Defense PCB Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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