Market Share of Automotive Printed Circuit Board (PCB) Industry
The automotive PCB market is moderately consolidated. The market is characterized by the presence of some global and local players who have secured long-term supply contracts with major automotive OEMs in their respective regions. These players also engage in joint ventures, mergers and acquisitions, new product launches, and product development to expand their brand portfolios and cement their market positions.
Some of the major players dominating the global market are Samsung Electro-Mechanical Ltd, Infineon Corp., CMK Corp., KCE Electronics Ltd, and Amitron Corp. Many players are expanding their manufacturing capacity to secure their market position and stay ahead of the market curve. For instance, in February 2023, Elna PCB Malaysia Sdn Bhd announced a new PCB manufacturing plant in Penang, Malaysia, with mass production set to start in 2024. MYR's 1 billion investment budget has been set aside for the equipment, plant, and machinery, as well as the construction of this new plant that commenced in December 2022. This new plant will manufacture PCBs for automotive and electronic devices usage, among other products.
In April 2022, PT Infineon Technologies Batam, Indonesia, a wholly owned subsidiary of Infineon Technologies Corp, announced it would expand the backend production capacity in Indonesia by 2024. This expansion will see the Batam site become the second biggest one for Infineon Technologies Corp after their Melaka, Malaysia plant for automotive PCBs. Additionally, in June 2022, STMicroelectronics NV introduced a new high-voltage Printed Circuit board-based op amplifier for automotive and industrial applications.
Automotive Printed Circuit Board Market Leaders
Samsung Electro-Mechanics
Infineon Technologies Corp.
CMK Corp.
KCE Electronics Ltd.
Amitron Corp.
*Disclaimer: Major Players sorted in no particular order
