As indicated in the latest market research report published by IMARC Group, titled "India PCB Components Market Size, Share, Trends and Forecast by Component Type, PCB Type, End Use Industry, and Region, 2025-2033," The study offers a profound analysis of the industry, encompassing India PCB components market outlook, size, growth factors, key trends, and regional insights.
Market Size & Future Growth Potential:
The India PCB components market size reached USD 926.10 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,958.47 Million by 2033, exhibiting a growth rate (CAGR) of 11.20% during 2025-2033.
Free Sample Download PDF (Exclusive Offer on Corporate Email): https://www.imarcgroup.com/india-pcb-components-market/requestsample (Note: We are currently updating our reports to the 2026–2034 period. Click the link above to get the latest data, information, and industry insights).
Latest Market Trends:
- Rising Demand for Miniaturized and High-Density Components:
Electronics manufacturers increasingly require compact, high-density PCB components to support miniaturization trends in smartphones, wearables, and advanced consumer electronics devices. - Growing Adoption of Surface Mount Technology Components:
Surface mount components are gaining preference due to higher assembly efficiency, better electrical performance, and suitability for automated high-volume PCB manufacturing processes. - Expansion of PCB Component Usage in Automotive Electronics:
Increasing integration of infotainment, safety, and power electronics in vehicles is driving higher demand for reliable and heat-resistant PCB components. - Increasing Focus on Quality and International Compliance Standards:
Component suppliers are improving quality control and certifications to meet global electronics manufacturing and export compliance requirements.
Market Scope and Growth Factors:
- Rapid Growth of Electronics Manufacturing in India:
Expansion of domestic electronics production is significantly increasing demand for resistors, capacitors, connectors, and other essential PCB components. - Government Support Through Make-in-India and PLI Schemes:
Policy incentives encouraging local electronics manufacturing are strengthening PCB component demand and reducing import dependency. - Rising Demand from Consumer Electronics and Appliances:
Growth in smartphones, televisions, home appliances, and wearable devices is driving consistent consumption of PCB components. - Expansion of Industrial Automation and Power Electronics:
Increasing use of automation, control systems, and power equipment is boosting demand for durable and high-performance PCB components
Recent News and Developments:
- The Indian government launched the Electronics Component Manufacturing Scheme with an allocation of INR 229.19 billion to reduce dependency on imports and strengthen the domestic supply chain
- Samsung's manufacturing facility in Noida contributed significantly to mobile phone exports, which reached a record $20.421 billion in 2024, marking a 44% increase from 2023
- Major global electronics manufacturers are expanding their Indian operations under the PLI scheme, with companies like Foxconn, Wistron, and Pegatron increasing their production capacities
- The government announced plans to establish multiple electronics manufacturing clusters across different states to support the growing demand for PCB components
- India's mobile phone export success has created a positive ripple effect in the PCB components market, with local suppliers scaling up their operations to meet increasing demand
- The launch of 5G services by major telecom operators has created new demand segments for high-frequency PCB components and advanced electronic systems
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-pcb-components-market
Comprehensive Market Report Highlights & Segmentation Analysis:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India PCB components market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Segmentation by Component Type:
- Resistors
- Capacitors
- Diodes
- Transistors
- Integrated Circuits (ICs)
- Connectors
- Others
Segmentation by PCB Type:
- Rigid PCBs
- Flexible PCBs
- Rigid-Flex PCBs
Segmentation by End Use Industry:
- Consumer Electronics
- Automotive
- Industrial Electronics
- Healthcare
- Telecommunications
- Aerospace and Defense
- Others
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Discuss Your Needs with Our Analyst – Inquire or Customize Now: https://www.imarcgroup.com/request?type=report&id=31600&flag=E
Key highlights of the Report:
- Historical Market Performance
- Future Market Projections
- Impact of COVID-19 on Market Dynamics
- Industry Competitive Analysis (Porter's Five Forces)
- Market Dynamics and Growth Drivers
- SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
- Market Ecosystem and Value Creation Framework
- Competitive Positioning and Benchmarking Strategies
Major Advantages of the Report:
- This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.
- Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
- The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.
Why Choose IMARC Group:
- Extensive Industry Expertise
- Robust Research Methodology
- Insightful Data-Driven Analysis
- Precise Forecasting Capabilities
- Established Track Record of Success
- Reach with an Extensive Network
- Tailored Solutions to Meet Client Needs
- Commitment to Strong Client Relationships and Focus
- Timely Project Delivery
- Cost-Effective Service Options
Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: +1-201971-6302 | Africa and Europe: +44-702-409-7331
Comments