The Brazilian PCB market in 2024 presents a landscape marked by growth, intense competition, emerging trends, and inherent challenges.
Firstly, in terms of market size and growth, the global PCB market is estimated to reach approximately USD 90 billion in 2024, with a year-on-year increase of USD 10 billion. With the rapid development of sectors such as artificial intelligence, data centers, VR/AR, new energy vehicles, and intelligent driving, the demand for PCBs, especially high-performance ones like high-frequency, high-speed, high-voltage, heat-resistant, and low-loss PCBs, continues to rise. Considering Brazil's stable economic development, it is plausible to infer that the Brazilian PCB market also exhibited growth in 2024. Furthermore, the Brazilian PCB drilling machine market is projected to have a high compound annual growth rate from 2024 to 2030, indirectly reflecting the growth potential of the Brazilian PCB market.
Secondly, the competitive landscape in the Brazilian PCB market is intense, involving multiple domestic and foreign enterprises competing in technology, products, and services to capture market share. As market competition intensifies, companies need to continuously enhance their capabilities to adapt to market changes.
Thirdly, market trends and opportunities are abundant. With the continuous upgrading and intelligence of electronic products, PCB technology is also evolving. The demand for high-performance PCBs will continue to increase, driving the demand for multilayer (above 18 layers) and high-density interconnect (HDI) products. As an emerging market, Brazil has huge potential, and with the recovery of the global economy and Brazil's economic development, the Brazilian PCB market will face more opportunities. Additionally, Brazilian government policies aimed at promoting economic reform and development provide a favorable external environment for PCB companies operating in the country.
Lastly, challenges and risks exist. Intense market competition, fluctuations in raw material prices, and changes in the international trade environment pose challenges for PCB companies in Brazil. They need to continuously enhance their capabilities, seize market opportunities, and address various challenges to achieve sustainable development