India PCB Components Market Overview and Industry Insights 2025-2033 | Get Sample Report
As indicated in the latest market research report published by IMARC Group, titled "India PCB Components Market, 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 Electronic Components: Electronics manufacturers increasingly require compact, high-density PCB components to support miniaturization in smartphones, wearables, IoT devices, and advanced consumer electronics products.
- Growing Adoption of Surface Mount Technology Components: SMT components are gaining preference due to higher assembly efficiency, reduced board size, improved electrical performance, and compatibility with automated manufacturing lines.
- Expansion of PCB Component Usage in Automotive and EV Electronics: Increasing integration of infotainment systems, ADAS, battery management, and power electronics is driving demand for reliable, heat-resistant PCB components.
- Increasing Focus on Quality Standards and Global Certifications: PCB component suppliers are strengthening testing, quality control, and international certifications to meet export requirements and global OEM standards.
- Shift Toward Local Sourcing and Supplier Diversification: Electronics manufacturers are increasingly sourcing PCB components locally to reduce supply chain risks and import dependency.
Market Scope and Growth Factors:
- Rapid Expansion of Electronics Manufacturing Ecosystem in India: Growth of domestic electronics manufacturing is significantly increasing demand for resistors, capacitors, connectors, semiconductors, and other PCB components.
- Government Support Through PLI and Make-in-India Initiatives: Policy incentives promoting electronics manufacturing are boosting local PCB component production and attracting global suppliers to India.
- Rising Demand from Consumer Electronics and Appliances: Growth in smartphones, televisions, wearables, and home appliances is driving sustained consumption of PCB components nationwide.
- Expansion of Automotive, EV, and Industrial Electronics: Increasing production of electric vehicles, automation systems, and industrial equipment is boosting demand for high-performance PCB components.
- Improved Investment in Domestic Component Manufacturing Capacity: Investments in component fabrication plants and assembly facilities are strengthening supply availability and supporting long-term market growth.
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.
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.
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