Copper Clad Laminates Market report for 2025 – Companies, applications, products and more
Asia Pacific Copper
Clad Laminates Market share is estimated to witness substantial growth prospects over the
projected time period. The growth can primarily be attributed to robust demand
for the product from automotive and communication sectors. APAC is considered a
well-established hub for vehicle electronics, communication system, defense,
healthcare technology, and aerospace sectors, which indicates a slew of revenue
opportunities for the regional market.
Speaking further on the regional spectrum,
Europe will also emerge as one of the prominent growth grounds with an
anticipated CAGR of 3.5% over 2019-2025. The demand is driven by the surging
use of copper clad laminates across a myriad range of verticals including
aerospace, defense, and healthcare.
Primarily driven by a robust application
portfolio in the automotive industry, global copper clad laminates market is
poised to gain immense momentum in the coming years. Copper clad laminates
possess excellent insulation and super conductivity attributes making them a
preferred material choice in printed circuit board fabrication. Increased
emphasis on passenger safety has led to the implementation of features like
lane departure system, alter system, and blind-spot detection systems, which
require PCBs in order to function effectively.
Global Market Insights, Inc. estimates that
copper clad laminates market outlook will surpass a valuation of USD 15 billion
by the end of 2025. The industry growth is majorly attributed to the booming
automotive sector and the rapid technological appetite exhibited by the
vertical. Automobile manufacturers are focused on integration of cutting-edge
technology features to ensure vehicle safety, a factor anticipated to fuel the
global copper clad laminates demand. Not to mention, the rising popularity of
electric vehicles will further add to the industry dynamics.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/copper-clad-laminates-market
Flexible copper clad laminates to witness
rising popularity in automotive & healthcare sectors
Flexible copper clad laminates are witnessing
a widespread popularity in the automobile and healthcare industries. The
product is extensively being deployed in PCB fabrication due to features like
high conductivity and excellent insulation. Flexible copper clad laminates
market is expected to attain a CAGR of 4% over 2019-2025. The product finds a
range of application in navigation system, battery charging, and vehicle
entertainment.
It is prudent to mention that owing to an
extensive application potential in PCB fabrication, the market will derive a
large revenue chunk from computer applications. Copper clad market share from
computer applications is forecast to register a CAGR of 4% over 2019-2025.
5G technology to favor copper clad laminates
market outlook
5G technology is currently under development
and is estimated to unleash a massive IoT ecosystem, where networks can be
capable of serving communication requirements for billions of connected
devices. Copper clad laminates are vital materials extensively used in 5G
infrastructure materials.
With 5G technology promising favorable growth
prospects, copper clad laminates market share is expected to achieve massive
gains in the years to come. With artificial intelligence, Internet of Things,
automation, and augmented and virtual reality gaining prominence, the demand
for 5G technology is expected to bolster over the forecast period, thereby
propelling copper clad laminates market outlook.
About Global Market Insights:
Global Market Insights, Inc., headquartered
in Delaware, U.S., is a global market research and consulting service provider;
offering syndicated and custom research reports along with growth consulting
services. Our business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are
designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy
and biotechnology.
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Contact
Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Copper Clad Laminates Market report for 2025 – Companies, applications, products and more
Reviewed by snehal
on
October 15, 2019
Rating:
Reviewed by snehal
on
October 15, 2019
Rating:
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