July 14, 2024

Sustained growth in the information technology (IT) industry and increasing demand for advanced technologies are the key drivers propelling the server PCB market

The server PCB market is estimated to be valued at US$45.22 billion in 2023. This market is expected to exhibit a CAGR of 7.5% during the forecast period 2023-2030. Furthermore, the growing demand for high-performance computing (HPC) solutions in various industries, such as healthcare, finance, and telecommunications, is anticipated to drive market growth

Additionally, the market dynamics are influenced by the increasing focus on green initiatives and energy-efficient server solutions. The need for reducing power consumption and carbon footprint has led to the development of eco-friendly server PCBs. These PCBs offer enhanced thermal management capabilities, reducing energy consumption and optimizing server performance.

Furthermore, advancements in technology, such as the integration of artificial intelligence (AI) and the Internet of Things (IoT) in servers, are expected to drive market growth. AI-powered data centers require robust server PCBs to handle the increasing volumes of data and facilitate real-time data processing.

Overall, the server PCB market is poised for significant growth, driven by the increasing demand for high-performance computing solutions and the adoption of advanced technologies in various industries.

Market Key Trends:

The key trend in the server PCB market is the increasing demand for advanced PCBs with higher performance capabilities. With the growing adoption of cloud computing, IoT devices, and artificial intelligence, there is a need for server PCBs that can handle higher data processing speeds and offer greater power efficiency. These advanced PCBs incorporate technologies such as high-density interconnect (HDI), multi-layer PCBs, and flexible PCBs. Additionally, there is a focus on miniaturization, as server racks become more compact and require smaller PCBs to fit in limited spaces. This trend is driven by the need for faster and more efficient data processing, as well as the requirement for space optimization in data centers.

SWOT Analysis:

Strength: The server PCB market benefits from the increasing demand for cloud computing and data centers, which are driving the need for advanced PCBs with higher performance capabilities. Additionally, technological advancements in PCB manufacturing processes are enabling the production of more complex and efficient server PCBs.

Weakness: The server PCB market faces challenges such as the high cost of advanced PCBs, which can limit their adoption, especially in cost-sensitive markets. Additionally, the complexity of designing and manufacturing advanced PCBs poses a challenge for manufacturers.

Opportunity: The growing trend of edge computing, where data processing is performed closer to the source, presents an opportunity for the server PCB market. Edge computing requires smaller, more efficient PCBs that can be integrated into devices at the edge of the network.

Threats: The server PCB market faces threats from the increasing use of cloud services and virtualization, which could reduce the demand for physical server hardware. Additionally, the market is highly competitive, with several global and regional players vying for market share.

Key Takeaways:

The Global Server PCB Market Demand is expected to witness high growth, exhibiting a CAGR of 7.5% over the forecast period (2023-2030). This growth is driven by the increasing demand for advanced PCBs with higher performance capabilities to support cloud computing, IoT devices, and artificial intelligence.

In terms of regional analysis, Asia Pacific is the fastest-growing and dominating region in the server PCB market. The region is experiencing rapid growth in data centers and cloud computing infrastructure, driving the demand for server PCBs. Additionally, countries like Taiwan, China, and Japan are key players in the PCB manufacturing industry, further supporting the growth of the server PCB market in Asia Pacific.

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 dominate the market with their technologically advanced and high-quality server PCB solutions.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it