SLP(Substrate Like PCB) 시장 규모, 점유율, 성장 분석 : 제품 유형별, 재료별, 용도별, 기술별, 지역별 - 업계 예측(2026-2033년)

Global Substrate Like PCB Market size was valued at USD 27.2 billion in 2024 and is poised to grow from USD 28.91 billion in 2025 to USD 47.14 billion by 2033, growing at a CAGR of 6.3% during the forecast period (2026-2033).

The global substrate-like PCB market is witnessing robust growth, primarily driven by the increasing demand for compact, high-density circuitry in advanced electronics, especially in 5G smartphones and wearables that necessitate fine line spacings below 25 µm. These innovative interconnect solutions effectively bridge traditional HDI PCBs and IC substrates, enhancing electrical performance and thermal management in space-constrained devices. The segment featuring less than 25/25 µm line/space is growing due to the extreme miniaturization requirements of next-generation mobile processors and AI modules. The Asia-Pacific region leads the market, supported by extensive electronics manufacturing capabilities in countries like China, Taiwan, and South Korea. Meanwhile, North America and Europe are also expanding, fueled by high-value telecommunications applications and investments in automotive electronics and industrial automation.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Substrate Like PCB market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Substrate Like PCB Market Segments Analysis

Global Substrate Like PCB Market is segmented by Product Type, Material, Application, Technology and region. Based on Product Type, the market is segmented into Rigid Substrate PCBs, Flexible Substrate PCBs, Rigid-Flex Substrate PCBs, High-Density Interconnect (HDI) Substrate PCBs and Advanced. Based on Material, the market is segmented into FR-4, Polyimide, PTFE (Teflon), Ceramic / Glass Substrates and Other Advanced Materials. Based on Application, the market is segmented into Consumer Electronics, Telecom & Networking Equipment, Automotive Electronics, Industrial & Computing Systems and Aerospace & Defense Electronics. Based on Technology, the market is segmented into Standard Density PCBs, High-Density / Fine Line PCBs, Microvia / Buried Via PCBs, Chip-On-Board (COB) / Embedded Substrate and Multilayer. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Substrate Like PCB Market

A key market driver for the global substrate-like PCB market is the escalating demand for high-density interconnect (HDI) technology in advanced electronic devices. As consumer electronics, automotive applications, and telecommunications equipment require increased functionality and miniaturization, substrate-like PCBs offer superior performance, including enhanced thermal management and signal integrity. The shift towards 5G technology as well as the expansion of the Internet of Things (IoT) further propels the need for compact, reliable circuit solutions. Consequently, manufacturers are increasingly adopting substrate-like PCBs to meet industry standards and consumer expectations for smaller, faster, and more efficient electronic products.

Restraints in the Global Substrate Like PCB Market

One of the key market restraints for the global substrate-like PCB market is the high manufacturing cost associated with advanced substrate materials and complex fabrication processes. These costs can significantly limit the accessibility of substrate-like PCBs for smaller manufacturers and startups, hindering widespread adoption. Additionally, the ongoing demand for miniaturization and increased functionality in electronic devices requires continuous innovation, which can further strain resources and increase production costs. This financial burden may deter investment in new technologies and materials, ultimately slowing the growth of the market and limiting its ability to meet the evolving needs of various industries.

Market Trends of the Global Substrate Like PCB Market

The global substrate-like PCB market is witnessing a significant trend driven by advancements in modified semi-additive processes (mSAP). Manufacturers are focused on refining mSAP technologies to achieve ultra-fine line widths below 20 microns, facilitating the creation of denser circuit geometries that enhance electrical performance. This innovation is crucial for meeting the demands of next-generation devices, particularly 5G smartphones, which require high-performance, miniaturized components. By overcoming the constraints of traditional subtractive etching methods, mSAP is enabling the continued evolution of electronic design, positioning substrate-like PCBs as essential tools for the future of advanced electronics and smart devices.

Table of Contents

Introduction

• Objectives of the Study
• Market Definition & Scope

Research Methodology

• Research Process
• Secondary & Primary Data Methods
• Market Size Estimation Methods

Executive Summary

• Global Market Outlook
• Key Market Highlights
• Segmental Overview
• Competition Overview

Market Dynamics & Outlook

• Macro-Economic Indicators
• Drivers & Opportunities
• Restraints & Challenges
• Supply Side Trends
• Demand Side Trends
• Porters Analysis & Impact
  • Competitive Rivalry
  • Threat of Substitute
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers

Key Market Insights

• Key Success Factors
• Market Impacting Factors
• Top Investment Pockets
• Ecosystem Mapping
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape
• Technology Assessment
• Technology Assessment
• Regulatory Landscape

Global Substrate Like PCB Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• Rigid Substrate PCBs
• Flexible Substrate PCBs
• Rigid-Flex Substrate PCBs
• High-Density Interconnect (HDI) Substrate PCBs
• Advanced

Global Substrate Like PCB Market Size by Material & CAGR (2026-2033)

• Market Overview
• FR-4
• Polyimide
• PTFE (Teflon)
• Ceramic / Glass Substrates
• Other Advanced Materials

Global Substrate Like PCB Market Size by Application & CAGR (2026-2033)

• Market Overview
• Consumer Electronics
• Telecom & Networking Equipment
• Automotive Electronics
• Industrial & Computing Systems
• Aerospace & Defense Electronics

Global Substrate Like PCB Market Size by Technology & CAGR (2026-2033)

• Market Overview
• Standard Density PCBs
• High-Density / Fine Line PCBs
• Microvia / Buried Via PCBs
• Chip-On-Board (COB) / Embedded Substrate
• Multilayer

Global Substrate Like PCB Market Size & CAGR (2026-2033)

• North America (Product Type, Material, Application, Technology)
  • US
  • Canada
• Europe (Product Type, Material, Application, Technology)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Material, Application, Technology)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Material, Application, Technology)
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Material, Application, Technology)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Zhen Ding Technology
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Unimicron Technology
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Mektron
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TTM Technologies
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Samsung Electro-Mechanics
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ibiden Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Compeq Manufacturing
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chin Poon Industrial
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tripod Technology
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fastprint Circuit Technology
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HannStar Board Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shennan Circuits
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AT&S Austria Technologie & Systemtechnik
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fujikura Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Electric Industries
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Flex Ltd. (Substrate / PCB Divisions)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KYOCERA Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rogers Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Isola Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Multek
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations