LAMEA Multilayer Printed Circuit Board Market Size, Share & Trends Analysis Report By Layer (Layer 4 to 6, and Layer 6 & Above), By Substrate (Rigid, Flexible, and Rigid-Flex), By End Use Industry, By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Multilayer Printed Circuit Board Market is expected to 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 is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.99 billion 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.

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.)

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