PCBs - Rigid: Market Size & Forecast 2026

The global rigid printed circuit board (PCB) market sits at approximately USD 39.7 billion in 2025 (base year), growing toward USD 58.9 billion by 2032 at a 5.8% CAGR. Demand is anchored in multilayer and HDI formats for automotive electronics, AI server backplanes, telecom infrastructure, and industrial automation, with copper-clad laminate (FR-4) and raw copper running 35-50% higher year-on-year through 2025 and into 2026. > **Analyst Take. Our view: the consensus 5.8% CAGR is reasonable against the demand mix (AI infrastructure, automotive electronics, 5G/6G rollout), but the composition matters more than the headline. The category is bifurcating into commodity multilayer (3-4% growth, mature) and high-layer-count AI/backplane and HDI substrate-like (12-16% growth, capacity-constrained), and buyers anchoring strategies to the blended average will under-resource the constrained half. B

Get in touch and our analysts will be happy to help with custom market sizing, deeper segmentation, supplier detail or a bespoke study built for you.