Automotive PCB
FMX manufacture and supply printed circuit boards (PCBs) for the automobile industry. Printed circuit boards support, connect, and control all the electronic components in automobile vehicles. Printed circuit boards are used in various parts of a vehicle, such as airbag controls, anti-lock brake systems, anti-theft systems, audio-video systems, climate control, digital displays, power steering, and many others.
The main types of automotive PCBs covered are double-sided PCBs, multi-layer PCBs, and single-sided PCBs. By vehicle type, automotive PCBs are used in battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and internal combustion engine (ICE) vehicles. Major applications of automotive PCBs include ADAS and basic safety, Body and comfort, vehicle lighting, infotainment components, and powertrain components. The end users of automotive PCB are economic light duty vehicles, luxury light duty vehicles, and mid-priced light duty vehicles.
The automotive pcb market size has grown strongly in recent years. It will grow from $10.05 billion in 2024 to $10.57 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to increased electronic content in vehicles, autonomous and semi-autonomous driving, efficiency and weight reduction, demand for advanced infotainment, globalization of automotive supply chains, R&D and innovation. The automotive pcb market size is expected to see strong growth in the next few years. It will grow to $14.34 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing complexity of ads, digital cockpit evolution, v2x communication, increasing demand for compact electronics, shift to advanced materials, supply chain resilience and localization. Major trends in the forecast period include autonomous driving technologies, smart manufacturing and industry 4.0, miniaturization and integration, flexible and rigid-flex PCBs, AI and machine learning integration.
