The Latin America, Middle East and Africa Multilayer Printed Circuit Board Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Multilayer Printed Circuit Board Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,994.8 million by 2031. The Argentina market is registering a CAGR of 8.4% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 6.8% during (2024 - 2031).
Sustainability is progressively influencing the market as manufacturers increasingly incorporate environmentally favorable materials and processes to mitigate their ecological footprint. One significant advancement is using lead-free soldering techniques, such as tin-silver-copper alloys, which comply with regulations like the RoHS Directive and reduce toxic waste. Additionally, biodegradable and recyclable materials, including bio-resins and recyclable copper, are being incorporated to address electronic waste challenges. Companies like Apple and Samsung are integrating these sustainable practices, with Apple using recycled tin solder in its devices. Recycling innovations, such as recovering precious metals from discarded PCBs, further promote a circular economy. Organizations like Umicore and Sims Recycling Solutions lead these efforts, ensuring eco-friendly disposal and resource reuse.
Energy-efficient manufacturing processes also play a crucial role in reducing the carbon footprint of PCB production. Techniques like laser drilling minimize material waste, while renewable energy sources power production facilities. Industries with high PCB demand, such as automotive and healthcare, embrace these practices. For instance, Tesla encourages sustainable practices in its supply chain for electric vehicle production, where recyclable PCBs are vital for battery management and power systems. Similarly, the healthcare sector benefits from sustainable PCBs in disposable medical devices and wearables, reducing environmental impact while meeting demand. These advancements highlight the PCB industry's potential to align technological progress with environmental stewardship.
Saudi Arabia’s growing automotive sector and energy transition goals drive demand for multilayer PCBs. The government’s Vision 2030 initiative strongly focuses on diversifying the economy with significant investments in renewable energy and electric vehicles. As the country shifts toward green technologies, the demand for PCBs in applications like solar power systems and electric vehicle components is rising. Additionally, Saudi Arabia’s efforts to establish local manufacturing hubs and partnerships with global technology companies are expected to support the market. Thus, the region presents lucrative growth opportunities to expand the market.
Free Valuable Insights: The Worldwide Multilayer Printed Circuit Board Market is Projected to reach USD 99.11 Billion by 2031, at a CAGR of 5.2%
Based on Layer, the market is segmented into Layer 4 to 6, and Layer 6 & Above. Based on Substrate, the market is segmented into Rigid, Flexible, and Rigid-Flex. Based on End Use Industry, the market is segmented into Consumer Electronics, Industrial Electronics, IT & Telecom, Automotive, Healthcare, Aerospace & Defense, and Other End Use Industry. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- TTM Technologies, Inc.
- Fujikura Ltd.
- Flex Ltd.
- Jabil, Inc.
- Plexus Corporation
- Benchmark Electronics, Inc.
- Creation Technologies LP
- Sierra Circuits, Inc.
- Epec LLC
- Molex, LLC (Koch Industries, Inc.)
LAMEA Multilayer Printed Circuit Board Market Report Segmentation
By Layer
- Layer 4 to 6
- Layer 6 & Above
By Substrate
- Rigid
- Flexible
- Rigid-Flex
By End Use Industry
- Consumer Electronics
- Industrial Electronics
- IT & Telecom
- Automotive
- Healthcare
- Aerospace & Defense
- Other End Use Industry
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 4 LAMEA Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 5 LAMEA Layer 4 to 6 Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Layer 4 to 6 Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Layer 6 & Above Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Layer 6 & Above Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 10 LAMEA Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 11 LAMEA Rigid Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Rigid Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Flexible Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Flexible Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Rigid-Flex Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Rigid-Flex Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 18 LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 19 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Industrial Electronics Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Industrial Electronics Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Other End Use Industry Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Other End Use Industry Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Multilayer Printed Circuit Board Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Multilayer Printed Circuit Board Market by Country, 2024 - 2031, USD Million
TABLE 35 Brazil Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 36 Brazil Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 37 Brazil Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 38 Brazil Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 39 Brazil Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 40 Brazil Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 41 Brazil Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 42 Brazil Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 43 Argentina Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 44 Argentina Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 45 Argentina Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 46 Argentina Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 47 Argentina Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 48 Argentina Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 49 Argentina Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 50 Argentina Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 51 UAE Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 52 UAE Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 53 UAE Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 54 UAE Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 55 UAE Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 56 UAE Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 57 UAE Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 58 UAE Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 59 Saudi Arabia Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 60 Saudi Arabia Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 61 Saudi Arabia Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 63 Saudi Arabia Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 64 Saudi Arabia Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 65 Saudi Arabia Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 67 South Africa Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 68 South Africa Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 69 South Africa Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 70 South Africa Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 71 South Africa Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 72 South Africa Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 73 South Africa Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 74 South Africa Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 75 Nigeria Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 76 Nigeria Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 77 Nigeria Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 78 Nigeria Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 79 Nigeria Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 80 Nigeria Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 81 Nigeria Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 82 Nigeria Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 83 Rest of LAMEA Multilayer Printed Circuit Board Market, 2020 - 2023, USD Million
TABLE 84 Rest of LAMEA Multilayer Printed Circuit Board Market, 2024 - 2031, USD Million
TABLE 85 Rest of LAMEA Multilayer Printed Circuit Board Market by Layer, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA Multilayer Printed Circuit Board Market by Layer, 2024 - 2031, USD Million
TABLE 87 Rest of LAMEA Multilayer Printed Circuit Board Market by Substrate, 2020 - 2023, USD Million
TABLE 88 Rest of LAMEA Multilayer Printed Circuit Board Market by Substrate, 2024 - 2031, USD Million
TABLE 89 Rest of LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2024 - 2031, USD Million
TABLE 91 Key Information – TTM Technologies, Inc.
TABLE 92 Key Information – Fujikura Ltd.
TABLE 93 Key Information – Flex Ltd.
TABLE 94 key Information – Jabil, Inc.
TABLE 95 Key Information –Plexus Corporation
TABLE 96 Key Information – Benchmark Electronics, Inc.
TABLE 97 Key Information – Creation Technologies LP
TABLE 98 Key Information – Sierra Circuits, Inc.
TABLE 99 Key Information – Epec, LLC
TABLE 100 Key Information – Molex, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Multilayer Printed Circuit Board Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Multilayer Printed Circuit Board Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Multilayer Printed Circuit Board Market
FIG 6 LAMEA Multilayer Printed Circuit Board Market share by Layer, 2023
FIG 7 LAMEA Multilayer Printed Circuit Board Market share by Layer, 2031
FIG 8 LAMEA Multilayer Printed Circuit Board Market by Layer, 2020 - 2031, USD Million
FIG 9 LAMEA Multilayer Printed Circuit Board Market share by Substrate, 2023
FIG 10 LAMEA Multilayer Printed Circuit Board Market share by Substrate, 2031
FIG 11 LAMEA Multilayer Printed Circuit Board Market by Substrate, 2020 - 2031, USD Million
FIG 12 LAMEA Multilayer Printed Circuit Board Market share by End Use Industry, 2023
FIG 13 LAMEA Multilayer Printed Circuit Board Market share by End Use Industry, 2031
FIG 14 LAMEA Multilayer Printed Circuit Board Market by End Use Industry, 2020 - 2031, USD Million
FIG 15 LAMEA Multilayer Printed Circuit Board Market share by Country, 2023
FIG 16 LAMEA Multilayer Printed Circuit Board Market share by Country, 2031
FIG 17 LAMEA Multilayer Printed Circuit Board Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: TTM Technologies, Inc.
FIG 19 SWOT Analysis: Fujikura Ltd.
FIG 20 SWOT Analysis: Flex Ltd.
FIG 21 SWOT Analysis: Jabil, Inc.
FIG 22 SWOT Analysis: Plexus Corporation
FIG 23 SWOT Analysis: Sierra Circuits, Inc.
FIG 24 SWOT Analysis: Molex, LLC
