The data for Printed Circuit Assemblies, Loaded Boards, and Modules sales in the US from 2013 to 2023 reflect a declining trend. The value in 2023 stood at 12.937 billion USD. The year-on-year analysis indicates a consistent decrease, with an average annual decline of 1.91% over the past five years. Notably, from 2013 to 2023, the market experienced fluctuations with brief periods of recovery, yet overall, the trajectory remains downward. The forecast from 2024 onwards predicts a continued decline at an average annual rate of 1.69%, resulting in a total reduction of 8.18% over the next five years.
Future trends to watch for include advancements in miniaturization and increased adoption of flexible PCBs, which may influence market demand. Additionally, the growing trends in the Internet of Things (IoT) and automotive electronics could provide opportunities for market shifts despite the overall declining sales trajectory.
